US Treasury report encourages instant payment, recommends more CBDC research
In one of three reports released simultaneously Friday, the Treasury Dept. talks cautiously about stablecoins and CBDC in the context of wider payment technology.
In one of three reports released simultaneously Friday, the Treasury Dept. talks cautiously about stablecoins and CBDC in the context of wider payment technology.
submitted by /u/pcmasterrace4201 [link] [comments]
https://www.weforum.org/agenda/2022/09/ethereum-merge-crypto-currency-sustainability/ https://preview.redd.it/euwxo1u4e9o91.png?width=2492&format=png&auto=webp&s=fa91dd87a75b85b018a3623d8e76db297276efb8 submitted by /u/rrogerstx [link] [comments]
I am wondering because the merge happened, seemingly successful. Isn't that great news? Shouldn't the rate of Ethereum improve now? So why do we have such a decrease? submitted by /u/Kiraa7 [link] [comments]
whitehouse briefing Link: https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/ https://preview.redd.it/7ldi79g999o91.png?width=1976&format=png&auto=webp&s=ab11dac25a1cabe79458bf95c9f3f47398b4b443 submitted by /u/xukre [link] [comments]
Critics claimed the Biden administration’s reports focused on environmental concerns over crypto’s energy consumption and illicit uses rather than the technology’s benefits.
The avatar in question can be seen here. For some more context: OpenSea trading volume today vs. 18 days ago. It's primarily a select few popular collections right now though. There was a small peak in interest about a week ago after which things quieted down a bit. At this point there are only a…
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Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more. Dogecoin Makes Top 10 After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of Dogecoin and rather a decline in the price of Polkadot (DOT) over the past week. Related Reading: Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive Where DOGE had seen a price decline of 6.24% in the last 7 days, Polkadot had suffered a worse fate, losing more than 12% of its value in the same time period. DOT had inevitably lost its footing above $7, and its market cap dropped to $7.64 billion. At the time of writing, Dogecoin’s market cap was sitting at $7.9 billion, less than $300 million higher than the market cap of DOT. This means that the meme coin is not completely out of the woods, and DOT could overtake the 10th position if DOGE’s price fails to hold up against the market. DOGE Price Still Struggles The re-entry into the crypto top 10 has not meant much for the digital asset. DOGE’s price is still sitting perilously below $0.06 and shows no sign of any positive recovery anytime soon. The bear market has not done the cryptocurrency any favors either because it has only recorded a 0.7% growth in the last 24 hours. Investors have also felt the impact of this decline as profitability has been down over the last couple of weeks. Presently, there are more Dogecoin investors who are recording losses than those who are currently in profit. Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin A total of 50% of all wallets holding DOGE are currently in the red, while 48% are in the green. The rest (2%) are currently sitting in neutral territory. DOGE’s price is also more than 91% down from its all-time high price of $0.70, performing badly compared to its fiercest competitor, Shiba Inu. Nevertheless, whales continue to be very active in the meme coin. Over the last 7 days, large transactions with values of over $100,000 have come out to a total volume of almost $1 billion. The meme coin also boasts more than 4.4 million holders, indicating strong hold sentiment among community members. Featured image from Bitcoinist, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because Arcnes is more than just a marketplace; it’s a tool for blockchain-based gaming and NFT projects. In addition, the platform will assist project founders […]
In times gone past, the undoing of crypto has generally been a little more isolated to itself and not due to other markets, with bull runs and bear crawls occurring outside of the world’s most recent major economic downturns (like 2008). This time, here in splendid 2022 post/during covid – I really don’t know anymore…
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