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Showing posts with the label retail

Ethereum Breakout Is ‘Imminent’ Amid $3,850 Retest – Analyst Eyes $5,000 For This Quarter

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Reddit adds Bitcoin and Ethereum as retail interest in crypto fuels Bitbot’s presale

Reddit investment underlines growing retail interest in crypto. Bitbot empowers retail traders with institutional-grade technology. BITBOT presale has accelerated amid bullish crypto expectations. Social platform Reddit has been allocating its excess cash to Bitcoin ( BTC ) and Ethereum ( ETH ). The revelation came after an initial public filing with the US, sending huge expectations in crypto markets. The cryptocurrency news favours Bitbot .  Bitbot’s presale, which has been in high demand, surged past $672,000 on rising demand. Optimism is that Bitbot might ride the retail interest in digital assets to attain unparalleled success. Bitbot: The first self-custodial trading bot ignites bullish expectations Telegram trading bots have been on the rise lately. Their ability to enable seamless buying, selling, and managing of crypto assets makes them preferable to many. As of today, the cumulative trading volume on Telegram bots has exceeded $9 billi...

India explores new features for CBDC amid weak retail activity

The Reserve Bank of India is said to be working with local banks to link the digital version of e-rupee with the country’s national payments system. India’s central bank, the Reserve Bank of India (RBI), is reportedly collaborating with local financial institutions to make its central bank digital currency (CBDC) also known as e-rupee, more interoperable, Reuters has learned, citing sources familiar with the matter. According to the report, the RBI wants to boost the usage of CBDC as the current retail activity with the digital currency reportedly remains way below the target set for 2023 (18,000 operations a day vs. 1 million expected). Sources close to the matter said the central bank is trying to find a way to enable offline e-rupee transactions and link the digital currency to the Unified Payments Interface (UPI), India’s national real-time payments system. The report says the RBI and the local banks are exploring a payment option which would make the e-rupee...

Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant

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“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph. The world’s largest Bitcoin (BTC) conference, Bitcoin 2023, in Miami, Florida, passed without major fanfare this year. Past conferences announced nation-state adoption, massive crypto integrations in the United States, and islands and territories worldwide embracing Bitcoin.  Nonetheless, at Bitcoin 2023, one partnership with a potentially significant impact on the world’s 15th-largest economy flew under the radar. We're thrilled to announce our partnership with Grupo Salinas. Looking forward to seeing the positive impact this collaboration will have.️ #Bitcoin #bitcoiconference2023 https://t.co/rkAjWnmKsK pic.twitter.com/yWIWc6751B — IBEX ️ (@PoweredbyIBEX) May 18, 2023 José Lemus, the CEO of Ibex Mercado, closed out the Bitcoin 2023 Industry Day. He announce...