Over the last 7 days, cryptocurrency prices have faced a short decline, yet we are nowhere close to a bear market, as values are likely to increase once again. With this in mind, in the case of bitcoin, a price peak of $9,339 was reported this week.
In one of the biggest hacks in the tech industry, hackers managed to get access to the Twitter accounts of high-profile personalities and corporates which in turn asked to send Bitcoins to a particular wallet address.
The BoE Governor Andrew Bailey said that the central bank is actively thinking of accommodating a CBDC in the country’s financial framework.
Check out some of the top performing alt coins which are grabbing the limelight.
The Spanish banking giant will use Ripple’s blockchain-based solution to get a strong hold in the rapidly changing international payments’ market.
Over the last 7 days, the cryptocurrency market has felt a slight degree of volatility, but all around, the values have remained mostly the same.
Coinbase’s public listing could be landmark victory for the crypto industry as it will encourage more crypto firms to join the mainstream markets.
As part of its initial stage tests in the market, China’s central bank has entered a strategic partnership with Didi to test the use of Digital Yuan across its customer base.
The Bank of Japan has said that it will be testing the technical viability of having a CBDC which can work both online as well as offline in its cash-dominant financial ecosystem.
The Visa Chief added that CBDCs can be the future of money and global digital transactions and will have major weight on monetary policies.