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…
China Goes a Step Further
China Goes a Step Further to Introduce 3,000 Digital Yuan ATMs
China is advancing deeper into its Digital Yuan use. Consequently, commercial banks have just erected over 3,000 automated teller machine(ATM) locations across Beijing that folks will use to convert digital yuan to cash. Digital Yuan in China The Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China(ABC) are the two financial organizations that support the withdrawals and deposits of the two variants of the yuan. According to an article, the Chinese Industrial and Commercial Bank of…
4 years ago