Chinese city to host digital currency lottery as part of DCEP trial

Officials in L.uohu District, Shenzhen, are set to give out as much as 10 million yuan ($1.49 million USD) to local residents in the form of China’s long-in-the-making digital currency for a week-long trial run.  The lottery attempts to promote demand for the new digital yuan. Dan Wang, the chief economist at Hang Seng Bank […]

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British fintech to expand banking services to Indian crypto customers By Cointelegraph

British fintech to expand banking services to Indian crypto customers The London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank — or internet bank — in India. Kuman Gaurav, the founder of Cashaa, told Cointelegraph that Cashaa India will allow Indian businesses and individuals to open a savings account with them and […]

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Ethereum DeFi’s Top Ranked STAKING Altcoins Revealed!

Today we take a deep dive into our favorite DeFi based stackable cryptos! Why!? Staking cryptocurrency is one of the best ways to earn passive income just by doing what you already do. HODLING! Today, we break down two staking cryptos involved with cross asset exchange transfers & one which will bring chaos to DeFi […]

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Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin is flashing green as Square converts some of its cash to crypto while ether options traders are making lots of bets for December expiration. Bitcoin (BTC) trading around $10,890 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,532-$10,962 BTC above its 10-day and 50-day moving […]

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