RBI will Begin a Retail Digital Rupee Pilot on December 1
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Teresa Bach
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November 30, 2022
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Blockchain
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On Tuesday, the Central Bank of India declared that a retail digital rupee (e-R) experiment would begin on December 1. Moreover, it will include 4 banks in 4 locations, a month after reviewing the wholesale central bank digital currency (CBDC). RBI announces the launch of the first pilot for retail digital Rupee (e₹-R) on December 1. The e₹-R would be …
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South Korea’s unique and amazing crypto universe – Cointelegraph Magazine
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Teresa Bach
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November 29, 2022
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Altcoin News
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Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own unique corner of the cryptoverse that’s unlike anywhere else on the planet. Doo Wan Nam, a MakerDAO delegate who co-founded the research and advisory firm StableNode, laughs as he describes how …
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Huobi Partners With Tron To Launch First National Token DMC
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Teresa Bach
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November 29, 2022
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Defi
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0 Comments
Justin Sun, crypto mogul and founder of the Tron blockchain, has scored another coup. Sun announced a few hours ago that crypto exchange Huobi Global has teamed up with the Tron DAO and DMC Labs to jointly launch the world’s first national token, the Dominica Coin (DMC). Remarkably, the DMC token is the world’s first national token under the authorization …
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Ethereum Price Could Avoid a Major Drop if it Closes Above $1,250
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Teresa Bach
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November 28, 2022
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Ethereum
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0 Comments
Ethereum failed to clear the $1,250 resistance against the US Dollar. ETH is moving lower and might decline heavily if it breaks the $1,140 support. Ethereum struggled to gain pace for a move above the $1,250 resistance level. The price is now trading below $1,180 and the 100 hourly simple moving average. There was a break below a key bullish …
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Bitcoin price consolidation has shifted traders to these 4 altcoins
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Teresa Bach
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November 27, 2022
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Altcoin News
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0 Comments
Bitcoin (BTC) has been trading in a tight range since Thanksgiving Nov. 24, as traders are uncertain about the next directional move. Usually, in a bear market, analysts tend to become uber-bearish and project targets that tend to scare away investors.The failure of Bitcoin to start a strong recovery has given rise to several bearish targets, which extend up to …
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Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend
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Teresa Bach
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November 25, 2022
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Bitcoin
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0 Comments
Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support …
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Ethereum Price Recovers But Bears Are Not Out Of The Woods Yet
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Teresa Bach
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November 24, 2022
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Ethereum
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0 Comments
Ethereum started a decent recovery wave above $1,150 against the US Dollar. ETH is now approaching a major hurdle near $1,230 and $1,250. Ethereum started an upside correction above the $1,120 and $1,150 resistance levels. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near …
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Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price ‘halve’ before the halving?
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Teresa Bach
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November 22, 2022
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Altcoin News
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Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse.LTC price outperforms BTC, ETHThe 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lost approximately 25% and 30%, respectively, in the same period.LTC/USD daily price …
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Bitcoin Price Trend Overwhelmingly Negative, Bears Target $13K
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Teresa Bach
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November 22, 2022
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Bitcoin
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0 Comments
Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $16,150 on the hourly …
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Mattel Launches NFT Platform Via ‘Mattel Creations,’ Pivots From WAX To Flow Blockchain
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Teresa Bach
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November 22, 2022
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Defi
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0 Comments
Toy manufacturer Mattel is doubling down on their NFT pursuits, announcing the launch of NFTs on a new dedicated platform, ‘Mattel Creations,’ this week. In a press release obtained by Bitcoinist on Monday, Mattel shared their new platform pursuits, which are expected to be headed by the latest series of the toy company’s Hot Wheels NFTs. Let’s take a quick …
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