The e Rupee will offer pivotal features like trust, safety, and settlement finality. The e Rupee can be deposited to banks, according to a statement made by the authorities.
It is by far, the second most traded crypto in the entire market – with 24 hour volumes of over $7 billion (excluding stablecoins), second only to the king coin itself – Bitcoin.
The press release from BlockFi said that the company is filing for bankruptcy as a part of its restructuring efforts, but their operations will be continued in the meantime.
Between October to November, 2020, these 100 to 100,000,000 ETH addresses have triggered ETH’s price to rise by a staggering 50% in just 5 weeks.
From our observations, we can say that Dogecoin is in a relatively safe place with limited downside and also, a limited upside for the time being.
The FTX collapse has raised a lot of questions from investors regarding unregulated exchanges.
In latest developments – Ethereum developers recently concluded a meeting where they are expected to consider eight Ethereum Improvement Proposals or EIPs for inclusion into the Ethereum Shanghai Upgrade.
Several comments have been thrown at Zhao for being born in China and Binance has been called a chinese exchange for the same reason.
Nike revealed plans to not only explore the minting of digital apparel as NFTs but also introduced an NFT collectibles partnership with Disney.
Bitcoin’s fear and greed index is at 20, indicating extreme fear - at the same time hash rate is ranging around its ATHs.
The recent collapse of FTX has brought the market cap of crypto to less than a trillion dollars.
Privacy coins are essentially cryptos that are designed in a way to protect the privacy of the user and their transactions on the blockchain.
With Greenland's work to explore blockchain technology, the news has surfaced again for the world.
According to the announcement provided to Cointelegraph, the project said that the stablecoin will be backed by excess collateral in the form of crypto stored in a reserve.
According to Wall Street, the bank may file for bankruptcy if they do not receive monetary relief. The investment bank had seeked Binance for fresh capital, but was refused as they had a conflict of interest..
According to Dune Analytics, Uniswap V3’s MEV robotics activity has seen a surge in the last seven days. The average daily total volume of the MEV bot activity was at $1,256,263,553.
Back in November 2021, DeFi applications has made it possible for them to store more than $10 billion on the Solana network alone!
Summarizing from the observations from the technical analysis point of view, ALGO price is at a very precarious position right now, trading just around the last surviving support level – a breakdown below which could be devastating.
During the FTX collapse led crypto market crash, it did almost touch the lows but quickly recovered and managed to sustain above those levels too.
The overall crypto market cap has fallen from over $1 trillion at the end of October to now close to $800 billion only.
After careful analysis of metrics like liquidations data and market cap dominance - Binance Smart Chain’s native crypto token has been performing much better than most of the other top altcoins
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