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Back in March 2021, the Central Bank of Jamaica promised to begin testing its digital currency (CBDC) in May. The tests should be completed by the end of this year, the regulator emphasized. This week, the Bank of Japan announced that testing of the digital currency will begin in August. The head of the Central Bank, Richard Biles, announced the…
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The largest altcoin ether (ETH) is moderately gaining in value this week. On the night of Thursday, July 8, the cryptocurrency rose to $ 2350. In 24 hours, the capitalization of ETH increased by 3% to $ 274.374 billion.
The situation in China played into the hands of bitcoin and small mining pools
July 7, 2021
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Small mining pools have benefited from the Chinese crackdown. This opinion is shared by analysts at IntoTheBlock.
As Lucas Outumuro wrote on the company’s blog, the mining pools Binance and Huobi have significantly reduced their capacity (by 35% and 63%…
Experts commented on the situation with the amendments on the confiscation of cryptocurrencies in the Russian Federation
July 7, 2021
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On July 7, the Prosecutor General of the Russian Federation Igor Krasnov announced that Russia would develop amendments to the legislation on the confiscation of digital assets that became sources of proceeds from crime. According to Krasnov, cryptocurrencies have become more often used for bribes and for laundering stolen budget funds, writes RBC Crypto.
What will change?
The federal…
The convergence of Bollinger bands promises a period of volatility in the crypto market
July 7, 2021
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Bitcoin may soon get out of the range of $ 30,000 – 40,000, which has lasted for seven weeks. This is evidenced by the Bollinger Bands indicator, which reflects the cyclical nature of the cryptocurrency market volatility.
The band width is calculated as the…
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In June EIP-3074 – one of the candidates for activation under the Shanghai hard fork – passed a security audit. Mika Honkasalo, an analyst at The Block Research, spoke about how the proposal will affect the user experience of network participants and…
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The problems of Binance in many countries of the world were commented on by the CEO of the cryptocurrency exchange Changpeng Zhao. He did not criticize the policy of the supervisory authorities, but, on the contrary, supported the actions of the authorities to increase the transparency of the market. Zhao stressed that the actions of regulators in…
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Over the past two months, several important events have taken place in the cryptocurrency mining market. By the end of June, the hashrate of the bitcoin network had dropped by more than 50%, compared to mid-May. This is due to the fact that in June more than 70%…
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Despite the fall in the crypto market, many institutional investors still look at digital currencies as promising instruments. This is evidenced by the results of a survey conducted by analysts of the British Nickel Digital…
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Ripple has transferred another large amount of XRP to former CTO Jed McCaleb.
The next tranche has exceeded 291 million XRP tokens, according to a tweet from the Whale Alert service, which tracks large transactions with digital currencies.
McCaleb did not postpone the sale and sent about 10 million XRP to the cryptocurrency exchange.
? ? ? ? ? ? ? ? ? ? 291,570,224 #XRP (192,347,323…
