Top 4 News from the Crypto World
1. Adoption by Traditional Banks:
- Banks in India encourage the use of e-rupee. The Reserve Bank of India promotes digital currency by offering card-like rewards. e-rupee has been integrated with the UPI system, seeking to attract more users.
2. Rising Prices and ETF Speculation:
- Bitcoin appreciated, reaching $35,000. This increase follows the expectation of the launch of Bitcoin ETFs, which could increase demand.
3. Reduction of Transactions and Regulatory Concerns:
- Daily Bitcoin transactions fell 46%. Factors include regulations and geopolitical tensions. Centralized mining pools are criticized for contradicting Bitcoin's decentralized principles.
4. News in Altcoins:
- Shytoshi Kusama of Shiba Inu suggests partnerships, while Cardano (ADA) can innovate. Bitcoin's Lightning Network faces security challenges.