The ongoing coronavirus crisis may lead the world to a new way of economic thinking. Cryptocurrency traders are also contending with the volatile markets. Explore shortly the weekly trendings of Digital Asset Market and comment your predictions!
Dear Forum Members,
Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment and having a better investment and trade decision.
Here is the Top 7 News Highlights of last week.
Date: 16-23 March 2020
1. “CBDCs can mitigate the risks by providing a sound domestic internet based payments system for a wide range of consumer Applications- Coindesk’s Opinion”
Read More:https://www.coindesk.com/4-reasons-central-banks-should-launch-retail-digital-currencies
2. “The cost of managing cash can be very high on account of geography, and access to the payments system may not be available to the unbanked, rural, or poorer population’”- IMF
Read More: https://cointelegraph.com/news/imf-weighs-the-pros-and-cons-of-a-central-bank-digital-currency
3. China Launches National Blockchain Network in 100 Cities. Proponents say it will reduce the cost of doing blockchain-based business by 80 percent.
Read More: https://spectrum.ieee.org/computing/software/china-launches-national-blockchain-network-100-cities
4. More Bitcoin Buying Opportunities Are Emerging. European Central Bank, the Federal Reserve and the Bank of England have all introduced investors and clients alike to what they’re calling new “asset-purchase schemes.
Read More: https://www.livebitcoinnews.com/banks-are-helping-people-to-buy-bitcoin/
5. Bitcoin average block creation time slows down, this will impact the upcoming Bitcoin halving. It could take place in April but, the estimated day now is May 13th.
Read More: https://cryptopotato.com/bitcoin-halving-delayed-following-recent-bitcoin-sell-off-average-block-time-increased-to-14-minutes/
6. MoneyGram reports $11.3 million in revenue as a result of its Ripple partnership. Although MoneyGram’s total revenue continues to decline, embracing Ripple has clearly been positive for the company.
Read More: https://bitcoinist.com/moneygram-made-millions-selling-ripple-xrp/
7. Vitalik Buterin outlined six ways he thinks Ethereum is going to be better than Bitcoin. But it’s going to take some time.
Read More: https://decrypt.co/22908/vitalik-buterins-latest-thoughts-on-ethereum-2-0
Do you think these news highlights are useful to you?
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Thanks!
Topic: 7 Crypto Things of Last Week you must Know (Read 140 times)
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