Bitcoin (BTC) price has retracted from trading above $21k, but on-chain data suggest further upside remains at play. The instrument was exchanging hands around $20,730 during the early Asian and Londo...
Tag: stimulate
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services – Regulation Bitcoin News
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parlia...
Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine
To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardan...
City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the city of Shenzhen will airdrop 30 million digital Chinese yuan (e-CNY) to local residents in an attempt to revitalize consumer spending. Th...
Terra’s Additional 2508 Bitcoin Buy Fails To Stimulate Prices, Here’s Why
Terra community The Luna Foundation Guard (LFG) on Wednesday added about 2508 bitcoins worth over $100 million to its Bitcoin treasury. The latest buy has increased the LFG’s wallet address holding to...
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Since the London Hardfork or EIP-1559 upgrade went live in August 2021, the supply of Ethereum continues to be depleted based on the burning mechanism incorporated. The scarcity on the Ethereum (ETH) ...