Month: January 2023

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs – Finance Bitcoin News

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The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank to Propose Platforms for Digital Currency Payments in Foreign Trade Moving forward with efforts to introduce its central bank digital currency (CBDC) amid sanctions and financial restrictions, the Bank of Russia is preparing to offer solutions for processing cross-border CBDC payments, the Russian press unveiled. The proposals are…

ApeCoin Climbs 21% In Last 7 Days As Sentiment Remains Bullish

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Investors and traders of ApeCoin (APE) have been seeing some big gains since the start of 2023. With the crypto market experiencing a surge in prices, ApeCoin has been riding the bullish wave upwards showing gains on almost all timeframes.  ApeCoin is riding the bullish momentum, while Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) remain some of the dominant collections available on the NFT market.  According to DappRadar, the two collections are first and second in terms of trade volume in the past month.…

Bulls Could Aim $0.4 or Higher

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Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone. Ripple is currently rising above the $0.35 resistance zone against the US dollar. The price is now trading above $0.350 and the 100 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $0.3495 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could rise further higher if there is a clear move…

Ethereum Price Consolidate Gains and Seems Poised For Upside Break

Ethereum climbed higher above the $1,320 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently consolidating gains. Ethereum started a decent increase above the $1,300 and $1,320 resistance levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $1,280 support zone. Ethereum Price Eyes More Upsides Ethereum…

Must-have Cryptocurrencies for 2023: Flow (FLOW), EOS, and Orbeon Protocol (ORBN)

Place/Date: – January 11th, 2023 at 6:23 am UTC · 3 min read Source: Orbeon Protocol As 2023 has just begun, there are three cryptocurrencies that investors should definitely have on their radar: Flow (FLOW), EOS, and Orbeon Protocol (ORBN). The latter is particularly noteworthy, as it uses equity-backed non-fungible tokens (NFTs) to revolutionize venture capital. ORBN, the native token for Orbeon Protocol, has already seen strong growth in the presale phase, rallying over 980%. Flow (FLOW) Dapper Labs developed Flow (FLOW), a high-speed blockchain that aims to increase user…

Aptos (APT) and Kava (KAVA) Are Both Up Over 11% Recently But Snowfall Protocol (SNW) Is Still This Market’s Clear Winner!

Place/Date: – January 11th, 2023 at 6:22 am UTC · 3 min read Source: Snowfall Protocol When searching for the best-performing crypto assets, Aptos (APT) and Kava (KAVA) are both up over 11% in the past 24 hours. Aptos (APT) is currently trading at approx. $4.92 while Kava (KAVA) is trading at around $0.743. However, the clear winner of the crypto market at the moment is Snowfall Protocol (SNW). SNW has seen an increase in price in just a few weeks, with its current value hovering at $0.17. This makes…