Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Marke...
Tag: 12Week
Ethereum Prices Tap 12-Week High as Network Activity Increases
Ethereum narratives continue to strengthen as on-chain metrics indicate increased usage and activity. This is all positively affecting demand for the asset and ETH prices. Ethereum on-chain activity c...
Banking Heavyweights Start 12-Week Digital Dollar Pilot
A number of significant banks have started a pilot study with the Federal Reserve Bank of New York to see if it is feasible to use tokens that represent digital dollars to enhance the settlement of ce...
NY Fed launches 12-week CBDC pilot program with major banks
The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot for a central bank digital currency, or CBDC. In a Nov. 15 anno...
Bitcoin breaks 12-week downtrend, what’s next?
An 11% swing to the upside on Friday closed the day at $41,600. Although Saturday saw a tapering of activity, closing 0.6% down, Sunday and Monday saw a continuation of bullish form. Crypto YouTuber L...