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Based on the Reverse Bank of Australia's (RBA) presentations conducted in the presence of a senate, queries in light of the established technologies assimilated by the financial institution were made and followed concerns raised based on introductions of the digital dollar of Australia. The primary function that is expected to establish the utilization of the digital AUD is focused on facilitating faster transactions that are done explicitly by major commercial institutions and even corporate companies in the Australian region.  Submission…

A rejection approximated at about $0.2250 was reflected on the XRP/USD pair prices, leading to a downward movement under the $0.2150 and $0.2100 zones. Although there was a significant upsurge in its price, the initial value was maintained at levels, not beyond the $0.2250 zone. It further encouraged the decrease reported to hold at the level of $0.2150 support.  Following this analysis, a downward trend was recorded that illustrated price maintenance below support levels of $0.2100 considered at the 100 hourly…

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, revealed a report stating his own opinions concerning BTC and its related future adoption race framed within the cryptocurrency domain. His thoughts were directed at the rise in the value of the cryptocurrency in the year. The report focused immensely on two primary factors that aided Bitcoin in its parabolic rise between hurdles ranging between $9,000 to $10,000. The report stipulated these factors based on supply and store value. These were primarily based on the fixed supplies, and the second factor…

With the occurrence of the Australian Bushfire that led to lots of destruction, Binance has shown it's in-depth concerns over the incident where the company recently announced the creation of a charity project aimed at assisting the relief efforts that followed the outbreak of the Australia bushfire. In light of this charity project, Binance donated approximately $1 million cryptos to the Australia Bushfire Donation project that was also part of a contribution made in showing the commitment of funds related to relief efforts in…

Based on recent reports, the Enterprise Blockchain platform's launch has been confirmed following its launch by Ant Financial. The platform's primary focus is directed at enterprises and is termed as "Ant Blockchain Open Alliance," which is generally an Alibaba affiliate.  Comments by the Ant Financial Group Vice President  Following the Ant Financial Group vice president's review, Jiang Guofei made it on the 8th of January. He stipulated the full operational chain's expected to launch that was presided by the beta version launch…

Generally, the current BTC/USD price pair significantly shattered powerful resistance that was closely ranged between $7,500 and $8,000. Following Bitcoin's immense upsurge, the price rise expectations are anticipated through amounts ranging from $9,100 to an even $10,000 this year. Also, following major upside moves of the BTC value complemented the critical assurance over the $7,500 hurdle, and also daily chart reports on BTC/USD also showed various significant breaks that were bullish.  BTCUSD Daily Charts Based on the daily charts of the BTC/USD pair observed,…

Following Binance announcement, it explains the collaboration exchange with Satang Corporation, which is considered as the oldest digital currency exchange in Thailand. Based on this collaboration, the main point of focus was in light of the Thai Baht (THB) fiat channel establishment following exchange in Malta.  Binance Collaboration  Satang co-founder, Poramin Insom, expressed his opinions regarding the collaboration. He explained his thoughts stating that he was impressed and proud of the introduction of digital currency assets to the citizens of the…

CaixaBank is considered the leading bank in Spain, which recently developed new features approving access to blockchain technology by its customers. On the 3rd of January, the financial institution introduced, We.trade, in its services based on blockchain technology. We.trade falls under the management of IBM, introduced in the year 2017. A total of 15 consortium financial bodies from all over Europe fueled the creation of the ecosystem. The We.trade Platform  The platform's major function, based on its development and implementation…

By selling its cryptos, EOS raised approximately $4 billion within one year from June 2017 through 2018. A year after Block.One took this action, the token faced a 30% drop in its value. Influences of this factor came about due to the decline in EOS's price and its genuine users. The current price of the EOS/USD pair is about $2.79. EOS suffered the same fate of massive dumping as many cryptocurrencies during the significant event in 2018, termed "crypto winter."  Current Analysis of EOS At the beginning of…