The competition to launch CBDCs has picked up pace, with China upping the ante on testing of its digital yuan. The PBOC revealed this week that the e-CNY, the official name for the digital yuan, will be accepted in all the major cities in the country, thus expanding the world’s largest CBDC project. The new launch follows several years of testing the digital yuan in a handful of regions, and marks a major shift towards the implementation of the digital currency across the country. PBOC officials estimated that more than 200 million people are using the technology and 5 million…
Author: cadmin
The cryptocurrency market remains a very dynamic market and remains to attract investors from across the world with Bitcoin being the largest cryptocurrency. As of today, the global crypto market cap is $1. 98 trillion, this was 4. 60 percent drop over the past 24 hours. This slight decline has not affected the overall flow of cryptocurrency as trading volumes are still high in most trading platforms. Bitcoin The first and the most popular cryptocurrency is Bitcoin, which is now at $56,334. 99, showing a 4. five fold increase in the last 24 hours and a 5. That is 27%…
DOJO Protocol (DOAI) has also given a fairly good account of itself and is currently trading at $0. 03064, with a 0. This is up by 48% within the last 24 hours. The token’s market capitalization has also experienced a 0. grew by 48% and its worth rising to $13. It ranks #873 in the Cryptocurrency market capitalization with a total market cap of $56 million. There is still a lot of trading going on around the DOAI with a daily volume of $10. 53 million, a 2. It has seen a 45% growth within the last month putting it…
DOGS token has also been on the rise in the recent past in the cryptocurrency market with the price of the token standing at $0. 001092 after an 8. This has gone up by 72% within the last 24 hours. This upward movement has taken the company’s market capitalization to $564. 2 million, a 9. It has also posted a 42% gain which has placed it at 96th position of the most traded cryptocurrencies. This is in line with the increase in DOGS’ market capitalization which points towards enhanced investors’ interest as witnessed by the 20. The Trading Volume has…
Global integrative mobile cross industry (IMX) has in the recent past faced a 3. ; it has lost about $1 and its value is currently 81% decreased. 27. Immutable currently sits at 36th on the list by market capitalization and the company’s market cap now stands at around $1. 5 proceeded to net 99 billion from the ISDA fixed rate notes and the drop in the total value was comparable to the previous day’s decline of 99 billion. What has caught the eye of investors and market analysts is this particular drop and they now seek to dig deeper into…
In the recent past Conflux (CFX) has seen its value soaring by about 3. it has reduced its value by 85% and as of now, it trading at $0. 1243. After sinking to be now the number 100 smallest cryptocurrency by market capitalization, Conflux’s market cap has now shrunk to around $539. 41 million , making a growth of 3. This means that the number has reduced to 10 percent of what it was a day ago, a 90 percent decline. These declines were enough to warrant assessment of what caused Conflux to go down in value and what this…
In the ever-evolving landscape of cryptocurrency, 2024 has emerged as a pivotal year, with significant developments and promising forecasts capturing the attention of investors worldwide. As the market continues to mature, various cryptocurrencies are making headlines, each offering unique opportunities and challenges. This article delves into the current state of the crypto market, highlighting key trends and potential investment opportunities. One of the most talked-about cryptocurrencies this year is Ethereum (ETH). As the second-largest cryptocurrency by market capitalization, Ethereum has consistently been at the forefront of blockchain innovation. In 2024, market forecasts suggest that Ethereum’s price could exceed $3,000, driven…
Two high-profile corruption trials have recently begun, each captivating public attention due to the prominence of the individuals involved and the grave allegations against them. In Chicago, the trial of former Alderman Ed Burke has commenced, with prosecutors alleging Burke’s involvement in multiple criminal schemes, including extortion and bribery, leveraging his influential positions within the city’s political landscape. The charges detail Burke’s alleged attempts to coerce developers and business owners into hiring his private law firm for tax assistance in exchange for favorable action on their projects from the city. This trial is expected to offer a deep dive into…
Communities around the globe are taking innovative steps to protect the environment and address climate change. These local initiatives range from adopting more eco-friendly practices to rallying for significant legislative changes. One creative approach includes simple yet effective methods such as organizing trash pick-up events, enhancing neighborhood walkability, starting community composting programs, and establishing community gardens. These actions not only promote a cleaner, healthier environment but also foster a sense of community and collective responsibility towards the planet. In more structured responses, cities like New York have seen community leaders and elected officials demanding a comprehensive climate plan that aligns…
ChatGPT ChatGPT Astronomers have recently made two significant exoplanet discoveries, shedding new light on the diversity and characteristics of planets beyond our solar system. First, a team of astronomers has identified a cold, Neptune-like exoplanet named HD88986b, which boasts the longest orbital period (146 days) among known exoplanets smaller than Neptune or Uranus with precise mass measurements. HD88986b, discovered using the SOPHIE spectrograph at the Haute-Provence Observatory in France, has an estimated mass of approximately 17 times that of Earth. Observations from NASA’s TESS and ESA’s CHEOPS satellites helped estimate its diameter to be about twice that of Earth. With…