Bitcoin price has formed a double-top pattern on the daily chart. It has also formed a bearish flag pattern on the four-hour chart. Bitcoin price remained in a tight range this week as concerns about the industry continued. The BTC/USD pair was trading at 26,000,
The newly launched FedNow Service aims to empower banks and credit unions. FedNow will allow for the execution of transactions 24/7 365 days a year. 35 banks and credit unions, including the U Bureau of the Fiscal Service of the US Department of the Treasury,
Key takeaways Worldcoin’s protocol launch is slated for today, July 24th. The project will also launch its WLD token today, months after raising over $100 million. Sam Altman’s Worldcoin to go live today Sam Altman’s crypto project Worldcoin is slated to launch its mainnet protocol
Caldera developers can leverage Espresso Sequencer for greater scaling and decentralisation. The rollup-as-a-service (RaaS) platform recently partnered with Manta Network and SupraOracles. Caldera, a rollup-as-a-service (RaaS) platform, and blockchain infrastructure company Espresso Systems have announced a partnership that will see them work together towards enabling
Key takeaways The Bank of Italy will use the Polygon blockchain to help institutions experiment with DeFi and asset tokenisation. The Bank will also use crypto custodian Fireblocks. The Bank of Italy to help institutions experiment with DeFi The Bank of Italy’s innovation hub has
Key takeaways Fintech firm PayPal has launched a stablecoin on the Ethereum blockchain. The stablecoin is backed by the US Dollar and was launched in partnership with Paxos. PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it
The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations spread
Key takeaways The Shiba Inu team is working on reopening its Shibarium blockchain to the public in a few days. This comes after the team botched the blockchain’s launch last week Shiba Inu’s Shibarium to reopen soon Shiba Inu developers are currently working to reopen