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Argentinian Government Advances the Creation of a National CBDC – News Bitcoin News

The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts Argentina on the trail of countries like Brazil and Mexico, that are already involved…

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4-digit ENS domains spike in demand this week and continue soaring
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4-digit ENS domains spike in demand this week and continue soaring

Since Ethereum Name Service, or ENS, released 10,000 four-digit .eth domains ranging from 0000 to 9999, the nonfungible token collection has caused a stir among NFT investors, speculators and enthusiasts alike. After all 10,000 ENS names sold out in one day, the number of people registering for ENS names and purchasing these digit number names on secondary markets has significantly…

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Tech Start-up 'Picture This' Drops First Photography NFT With Renowned Photographer Christian Houge – Sponsored Bitcoin News
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Tech Start-up ‘Picture This’ Drops First Photography NFT With Renowned Photographer Christian Houge – Sponsored Bitcoin News

sponsored On April 29, photography-focused tech start-up Picture This is finally launching the ‘Polar Bear’ NFT, which raises awareness and money towards climate change and the impact humans have on our planet. Digital artworks have seen a booming rise in sales and popularity since the start of the decade. Minting art as an NFT has enabled artists to reach audiences…

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Market Sentiment Is Not As Strong As On-Chain Activity

Market sentiment is the public interest in the underlying assets and the behavior of traders on derivatives markets. Thanks to sentiment analysis, one can identify the attitude of long-term investors, as they always sell during the uptrend to short-term speculators and buy the dips with a statistically positive expectation. On the contrary, the crowd psyche is irrational, as they often…

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2 key metrics point toward further downside for the entire crypto market
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2 key metrics point toward further downside for the entire crypto market

The total crypto market capitalization has been holding a slightly ascending trend for the past 3 months and the $1.75 trillion support was most recently tested on April 27 as Bitcoin (BTC) bounced at $38,000 and Ether (ETH) at $2,800 on April 27. Total crypto market cap, USD billion. Source: TradingView The crypto market’s aggregate capitalization showed a 3.5% decrease…

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There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits
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There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits – Technology Bitcoin News

In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for Specific Benefits and Objectives Burning…

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Synonym Launches Lightning Service Provider For Bitcoin
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Synonym Launches Lightning Service Provider For Bitcoin

Synonym Software has launched Blocktank, a new Lightning service provider (LSP) targeted at Lightning Network-based businesses interested in providing a better experience for their customers. The suite of open-source tools and services offered by Blocktank promises to help wallets, applications, exchanges and merchants better navigate the requirements for sending and receiving effective and reliable payments on Bitcoin’s second-layer scaling network.…

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ECB, Eurosystem begins experimental prototyping of digital euro customer interface
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ECB, Eurosystem begins experimental prototyping of digital euro customer interface

Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-facing payments services. Payment service providers, banks and other relevant companies were invited to express interest in the project in an announcement released Thursday. Eurosystem, which comprises the ECB and…

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