ETH price reached a three-week high, trading as high as $2,400 on major exchange Coinbase. The London hard fork comes with changes that aim to make ETH a deflationary coin Ethereum’s price has tested the $2,400 resistance level for the first time since 17 June. Ether traded as high as $2,406 on the Bitstamp exchange and $2,400 on Coinbase during early morning deals on … [Read more...] about Ethereum (ETH) Tests $2,400 as London Upgrade Is Set for 4 Aug
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Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Israel's central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum's technology. The claim was made by the Israeli financial news site Globes and later reported by BNN Bloomberg.Globes' sources for its claims are not disclosed: the report alleged that the Bank of Israel (BOI) completed its pilot in an … [Read more...] about Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Banque de France tests digital currency-based securities settlement
The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC).On Monday the bank officially announced the successful completion of a CBDC experiment with major Switzerland-based cryptocurrency bank SEBA.Conducted in collaboration with SEBA, Banque Internationale à Luxembourg, and Luxembourg central … [Read more...] about Banque de France tests digital currency-based securities settlement
Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in Casper Labs surging after signups on CoinList breached 100,000 on … [Read more...] about Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike