The RBI has formed an internal committee that is reportedly weighing up options about the launch of India’s official digital currency.
Over the last few days, altcoins have seen price surges, but bitcoin remained strong. By now, it has become quite clear that all cryptocurrencies will ascend together.
PayPal CEO Dan Schulman said that they are working on an extensive roadmap around blockchain, crypto, and digital currencies.
The euphoria around the launch of CME Ether Futures pick up heavily as the open interest in futures spike nearly 50% in a single day.
The new Gemini Earn product allows customers an options to earn lucrative interest yield on their crypto deposits. Gemini Earn facility shall be available across all 50 states in America.
In its response to the SEC, Ripple has noted that the XRP liquidity and functionality is fully compatible with securities regulation.
Tesla CEO Elon Musk added Bitcoin to his Twitter bio showing support for the world’s largest cryptocurrency.
The worldwide financial market has seen considerable changes in behaviour, all thanks to Reddit proving its influence over the stock market through significant GME long positions.
With DogeCoin, Crypto traders have been trying to emulate the GameStop short squeeze which has left the Wall Street in surprise.
The RBI said that it is looking to explore the digital alternative of its fiat currency aka Digital Rupee since the payments sector is innovating rapidly.