Author name: Peter

Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China

Standard Chartered Bank (China) Participates in China's CBDC Pilot Standard Chartered Bank (China) has become one of the first foreign banks to participate in China's central bank digital currency (CBDC) pilot. The bank, with 165 years of experience in the Chinese market, is optimistic about the development prospects of the digital yuan. Standard Chartered Bank […]

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Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop

Ethereum Price Movement Similar to bitcoin's price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical indicators offer a nuanced perspective on ethereum's market

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Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government’s Request

A federal judge has issued an order restricting former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court determines whether to approve the government's motion to force the ex-Binance boss to stay in the U.S. until sentencing. CZ Cannot Leave the U.S. for Now A federal judge has barred former Binance CEO

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The Week in Crypto: Bitcoin and Ethereum Show Modest Gains, BLUR Token Soars

Bitcoin and Ethereum's Modest Increase In the past week, bitcoin and ethereum, the two most popular cryptocurrencies, experienced modest gains against the U.S. dollar. Bitcoin saw a 2.7% increase, while ethereum rose by 6.5%. Although these gains were not significant, they indicate a positive trend in the market. BLUR Token's Impressive Surge While bitcoin and

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Former NYSE President Expects Crypto Industry to Experience Influx of Money with Bitcoin ETF Approval

Introduction In a recent interview, former New York Stock Exchange (NYSE) President Tom Farley expressed his belief that the crypto industry will witness a significant influx of money once the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). Farley, who currently serves as the CEO of the cryptocurrency exchange Bullish, highlighted

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Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days

Stablecoins Experience Multi-Billion-Dollar Market Expansion in Three Weeks Over the past few weeks, the market value of leading stablecoins has seen a significant increase. The economy of these fiat-pegged tokens has grown from $123.66 billion to the current $129.14 billion. This substantial growth of nearly $6 billion comes after the stablecoin industry lost tens of

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