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Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.

Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Blockchain.News has been delighted to reach out to Garcia-Herrero for her to share some thoughts on central bank digital currencies around the world. Central bank digital currencies (CBDCs) have increasingly sparked interest in recent years. With the notion of China’s central bank, People’s Bank of China (PBoC) announcing its plan to issue its digital currency (DCEP) and Facebook’s Libra stablecoin emergence, the world has been paying more attention to CBDCs.

Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Bitcoin futures open interest is back to all-time high once again based on the present price surge which has seen the BTC price gain over 900% since 2018.

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Recent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market

Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.

Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.

The Issuance of China's CBDC On The Horizon, According to Insiders

The Issuance of China's CBDC On The Horizon, According to Insiders

The issuance of central bank digital currencies (CBDCs) has been gaining traction as various nations have shown interest. The People’s Bank of China (PBoC), China’s central bank, has finished the development of a CBDC’s basic function and relevant laws are being drafted to set the ball rolling for its circulation.

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.

38 Million XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb, When Will His Supply Run Out?

38 Million XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb, When Will His Supply Run Out?

Amid the SEC lawsuit, Ripple’s former Chief of Technology Officer (CTO) and co-founder Jed McCaleb has been getting rid of his XRP stash at a steady rate.

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