• Home
    • Bitcoin News
    • Ethereum News
    • Scam News
    • Regulation News
    • Mining News
    • CBDC News
    • NFT News
  • Blockchain News
    • Web3.0
    • Metaverse
    • DeFi
  • New to Crypto?
  • Press Release
    • Sponsored
    • Advertise at Todayq News
Facebook Twitter Instagram
Todayq News
  • News
    • Bitcoin
    • Ethereum
    • Scam
    • Regulation
    • CBDC
    • Mining
    • NFT
  • Blockchain
    • Web3.0
    • Metaverse
    • DeFi
  • New to Crypto
  • Press Release
    • Sponsored
    • Advertise at Todayq News
Crypto Trading Experts
Twitter Facebook Instagram LinkedIn
Todayq News
News

Digital Lira testing in 2021 to Bitcoin is ‘best investment ever’

By Mukul Anand27 December 2020, 07:47 PM
Digital Lira testing in 2021 to Bitcoin is 'best investment ever'

1) Turkish central bank digital currency will be practically tested in 2021.

Naci Agbal, Governor at Central Bank of Rep of Turkey announced that “conceptual” research had been completed on Digital Lira. He said

There is an R&D project initiated on digital money. Currently, the conceptual phase of this project has been completed. We aim to start pilot tests in the second half of 2021.

Turkey has been researching on CBDC since 2019 and in November of 2019 Turkish president Recep Erdoğan had announced that tests for a digital Lira will be done by end of 2020. Therefore, they are already running a bit late as planned.

2) Mexico’s second richest man calls Bitcoin purchase as his best investment ever.

Ricardo Salinas Pliego in an Interview explained that he had bought his first Bitcoin in 2013 when it was worth around $200 and that was his “best investment ever”. He had held it till 2017 highs, he sold all his positions at $17,000 and rebought it later at a lower price. He also claimed that he was initially attracted by Bitcoin as a means of exchange and now is convinced that Bitcoin’s potential resides in its store of value features.

3) David Sønstebø discloses details about his split with the IOTA Foundation.

IOTA founder David Sønstebø opened up about his split with the IOTA foundation on his blog. He mentioned in the blog

The “official” reasoning for my departure was communicated on the basis that there was some kind of contradiction between my interests and that of the organization. I categorically reject this blatantly false, dubiously motivated and defamatory depiction of my person. I founded the project, raised the capital for the Foundation, built the initial team, single-handedly selected and empowered every current Board member and have never taken a single cent in compensation. Rather, in context, the truth is that if forced, my number one allegiance is to IOTA.

4) XRP still stays bearish with a 50% downfall within last 7 days .

The SEC thing has been too hot to handle for Ripple. The lawsuit claimed that Ripple’s former CEO and founder Christian Larsen and its current CEO Bradley Garlinghouse violated securities laws by selling XRP over a seven-year period starting in 2013. Just after the news Exchanges started building barriers around XRP. MoneyGram a global leader in cross-border P2P payments and money transfers in a press release clarified things about their partnership with Ripple. Bitwise Asset Management, one of the largest crypto fund managers has stopped investing in Ripple after SEC’s complaint.

5) Bitcoin reaches ATH and its price surges towards $28,000.

According to Coinmarketcap, Bitcoin had reached a record high of $27,509. To this Josh Rager, an analyst tweeted

Kind of wild that Bitcoin is closer to $30k than $20k now

Bitcoin Jack also tweeted

$BTC $26.6 to 30K is a region in which a potential overthrow could develop, only confirmed by falling below the diagonals again, leading to a large correction Without overthrow, the price will continue scarily steep towards 36-42K it seems Current PA similar to March-May 2017

Bitcoin CBDC David Sønstebø Digital Lira IOTA Naci Agbal Ricardo Salinas Pliego Ripple
Share. Facebook Twitter LinkedIn Telegram WhatsApp Reddit
Must Read

Crypto exit scams surpass DeFi exploits in May; over $45 million losses compared to $17 million

Central Banks of Hong Kong and UAE to work on Crypto regulation and fintech development

US debt ceiling bill removes the Crypto tax; receives bipartisan support

Instagram
Recently CryptoQuant, an on-chain analytics firm, published insights on Bitcoin’s supply and investor sentiment for May 2023. The firm revealed that the exchange reserves have significantly declined as the investor’s holding sentiment has continued to grow.
In a significant development for the world’s leading cryptocurrency, Bitcoin, long-term holders (LTHs) have reached an all-time high, now holding a staggering 78% of the total circulating supply.
In a recent development, Bitcoin miners have been observed moving their assets, which could potentially trigger further selling pressure if these assets are liquidated.
According to a recent report, Turkey recorded the highest growth in crypto ownership from 2021 to 2022. Reportedly the crypto ownership in Turkey has marked a splendid 27.1% increase from July-September 2021 to July-September 2022.
Company
  • About Us
  • Careers
  • Terms & Conditions
  • Privacy Policy
Products
  • Crypto Signals
  • Todayq News
  • Koinpr
  • Todayq Education
Support

Advertise

Email: news@todayq.com

Connect With Us
  • Twitter
  • Facebook
  • Instagram
  • LinkedIn
All rights reserved by Todayq Technologies Private Limited

Type above and press Enter to search. Press Esc to cancel.