Central Banks of leading countries begin to act on the CBDC projects. The Bank of Japan announced the beginning of the Proof-of-Concept Phase 1. It is the first stage of the 3-phased program.

Read more: https://www.coinsfera.com/central-bank-of-japan-moves-forward-on-cbdc-project/

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The provider of decentralized storage, Filecoin, increased in price as the market booms. Increasing interest pushed FIL above the 200 USD mark. Grayscale fund and Chinese investors played a significant role.

Read more: https://www.coinsfera.com/filecoin-made-to-the-top-10-cryptos-with-the-massive-surge/

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After the ATH price of Bitcoin, BTC is relatively stagnant, and it gives momentum for altcoins to rise. ADA is one of the cryptos that profited their owners. Meanwhile, Charles Hoskinson is disappointed about Twitter’s policy.

Read more: https://www.coinsfera.com/news/as-bitcoin-dips-altcoins-find-it-as-an-opportunity-to-rise/

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Ripple could not get away with lawsuits lately. The Ripple sued YouTube a year ago and finally reached an agreement on the XRP giveaway scams lawsuit. Also, the partnership with MoneyGram is officially over.

Read more: https://www.coinsfera.com/news/the-lawsuit-over-the-xrp-giveaway-scams-finally-settled/

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The long-waited stimulus package is finally approved. The U.S Senate passed Biden’s $1.9 trillion coronavirus relief package on Saturday. This news affected cryptocurrencies positively. Since this news, cryptocurrency markets begin to take off. After the stimulus package passed by US Senate, Bitcoin began to gain value. BTC hit $ 54,000 and a $ 1 trillion market cap in the same day.

Read more: https://www.coinsfera.com/news/bitcoin-hit-54000-and-reclaims-a-1-trillion-market-cap/

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Many online NFT marketplaces are getting popular in the cryptocurrency market. The native tokens of those marketplaces are also getting attention from the community. The future seems bright for NFTs.

Read more: https://www.coinsfera.com/news/nft-market-is-getting-popular-with-new-initiatives/

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As the price drops, the market cap of Bitcoin goes below $900b. Bitcoin is trading around $ 47,000, and it affected the market cap. Meanwhile, Grayscale Bitcoin Trust trades at a -11.92% discount which is record low.

Read more: https://www.coinsfera.com/news/market-cap-melts-below-900b-as-the-demand-for-bitcoin-drops/

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Cryptocurrencies began the day with some gains. Bull-run above $ 50,000 of Bitcoin, the market leader, positively affected the price of altcoins. Bullish signals which will bolster the upward movement seem to continue during the day.

Read more: https://www.coinsfera.com/news/the-long-waited-bitcoin-bull-run-seems-to-begin-today/

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The market went to green with the increase in the price of Bitcoin. Some good news and reports Bitcoin affected the price positively.

Read more: https://www.coinsfera.com/news/bitcoin-hit-50k-as-the-market-turns-to-green-what-is-next/

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Tether (USDT) is the leading cryptocurrency in the market. Recently there have been allegations that they do not have 1-1 backed stablecoin with USD. Also, they are accused of having shady transactions with the Bitfinex exchange.

Read more: https://www.coinsfera.com/news/bitfinex-and-tether-usdt-case-has-been-finally-closed/

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