Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Australia. RCB
Reserve Bank of Australia Plans to Launch Digital Currency on Ethereum
The Reserve Bank of Australia (RBA) has started exploring a central bank's digital currency's possibilities. The Apex bank has partnered with Australia’s two largest banks and Ethereum software company ConsenSys to explore its digital currency. Findings from the research are expected to be presented in early 2021. The Assistant Governor of the Reserve Bank of Australia, Michele Bullock, further explained the project's details. According to him, the project is to research and test the viability of a CBDC for wholesale…
5 years ago