US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been...
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a...
Centre Obliges Government Request, Freezes Address With $100,000 USDC
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement.” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing...Interesting 13
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