Bitcoin price drops to $13.3K after matching peak of 2019 bull run

Briefly challenging $14,000 produced major volatility for BTC/USD, which subsequently retreated by over $500 in hours. Bitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection.  Cryptocurrency market overview from Coin360 Data from Cointelegraph Markets, Coin360 and TradingView showed volatility rising during Wednesday after BTC/USD […]

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Digital yuan will work with WeChat and Alipay, says bank exec

Details regarding the digital yuan’s characteristics are taking shape. The forthcoming digital yuan will reportedly be compatible with major payment networks within the country.  Mu Changchun, the head of the People’s Bank of China’s digital currency research institute, said that the central bank-backed digital yuan will be compatible with major mobile payment wallets like WeChat […]

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