The e Rupee will offer pivotal features like trust, safety, and settlement finality. The e Rupee can be deposited to banks, according to a statement made by the authorities.
It is by far, the second most traded crypto in the entire market – with 24 hour volumes of over $7 billion (excluding stablecoins), second only to the king coin itself – Bitcoin.
The press release from BlockFi said that the company is filing for bankruptcy as a part of its restructuring efforts, but their operations will be continued in the meantime.
In latest developments – Ethereum developers recently concluded a meeting where they are expected to consider eight Ethereum Improvement Proposals or EIPs for inclusion into the Ethereum Shanghai Upgrade.
According to the announcement provided to Cointelegraph, the project said that the stablecoin will be backed by excess collateral in the form of crypto stored in a reserve.
According to Wall Street, the bank may file for bankruptcy if they do not receive monetary relief. The investment bank had seeked Binance for fresh capital, but was refused as they had a conflict of interest..
According to Dune Analytics, Uniswap V3’s MEV robotics activity has seen a surge in the last seven days. The average daily total volume of the MEV bot activity was at $1,256,263,553.
Summarizing from the observations from the technical analysis point of view, ALGO price is at a very precarious position right now, trading just around the last surviving support level – a breakdown below which could be devastating.
After careful analysis of metrics like liquidations data and market cap dominance - Binance Smart Chain’s native crypto token has been performing much better than most of the other top altcoins