In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Yesterday there was a decrease in buyer activity. We still remain hopeful that a correction to the next Fibonacci level will develop. However, exit from the formed consolidation range is quite possible if the downtrend continues
Singapore-based cryptocurrency exchange KuCoin has partnered with Israeli financial services company Simplex to give users the ability to purchase cryptocurrency using credit and debit cards.
If the test is successful, a cloud-based blockchain voting system will soon be launched in South Korea. According to The Korea Times, development of the system will be completed in December. South Korea's National Election Commission and the Ministry of Science and IT have jointly developed a system that will improve the security and reliability of online voting.
Yesterday a large amount of XRP (1 billion) was withdrawn. The transaction was recorded on the Bithumb exchanger, and the commission amount was a meager 0.000012 XRP.
Student hackers received two years in prison with a probationary period of one year for distributing virus software. The verdict of the Kharkov court comes into force upon the expiration of the period for appeal.
Despite the recovery of the altcoin market, the price of many of them has still not broken through resistance levels - IOTA is one of them. According to our previous plan, we should take operational positions in the Cardano (ADA/USD) market, since it will have bullish support - high trading volumes - if the conditions we set are met.
The correction phase continues and new daily highs are expected today
Following its acquisition by the TRON Foundation, BitTorrent announced that it will now accept TRON (TRX), Binance (BNB) and Bitcoin (BTC) cryptocurrencies as payment for services such as a Pro account and disabling advertising.
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