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Project Mariana's proof of concept used a hypothetical euro, Singapore dollar and Swiss franc wCBDCs between simulated financial institutions. The project relied on "a common token standard on a public blockchain which facilitates interoperability and seamless exchange of wCBDC across varied local payment and settlement systems maintained by participant central
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The leading cryptocurrency by market value rose 2% to $26,750 even as the U.S. dollar index, which gauges the greenback's value against the major currencies, reached a fresh 10-month high of 106.48. A rise in the dollar index usually has a bearish impact on risk assets, including cryptocurrencies. Source
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The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sep. 22, indicating growing confidence in the U.S. dollar compared to other fiat currencies like the British pound, euro, Japanese yen, and Swiss franc.DXY "golden cross" confirMoreover, investors are concerned that this surge in demand for
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Renowned crypto analyst EGRAG Crypto has unveiled a fresh XRP price prediction, introducing the community to a less-known indicator, the “Average Sentiment
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Cross-margin trading is a risk management tactic in cryptocurrency trading whereby traders utilize the whole balance of their accounts as collateral for their open positions. Using account balance as collateral implies that the entire amount of the account is at risk in order to cover future trading losses. Cross
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"No one really expects a change in the policy rate or balance sheet guidance at this meeting," Scotiabank said in a preview note to clients on Friday. "Instead, it will focus upon tweaks to forward guidance on the policy rate, updated macroeconomic projections and guidance that [Fed Chair Jerome] Powell
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Prices of oil in the US hit a 10-month high as oil shortages are expected until the end of the year following Russia and Saudi output cuts. In response to fears of weaker supply, the prices of oil rose on Thursday. The West Texas Intermediate (WTI) crude climbed 1.6% to $90.04
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A death cross indicates a potential long-term bearish shift in momentum while a golden cross suggests the opposite. Source
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Ether nursed double-digit losses at the end of 12 months following the death cross confirmations dated April 11, 2018, Aug. 2, 2021 and Jan. 28, 2022. In other words, a trader holding a short for 12 months following the occurrence of these death cross would have made handsome returns. Source
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Solana (SOL) has found itself under the shadow of a foreboding technical pattern known as the “Death Cross.” This ominous occurrence, defined
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