Fundamental analysis is a method of evaluating securities by analyzing their underlying economic, financial, and other qualitative and quantitative factors. Unlike technical analysis, which focuses on past price and volume data, fundamental analysis looks at the underlying factors that could affect a security’s value. In the context of cryptocurrency trading,…
CryptoYuan
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts believe that the collective actions of all the participants in the market, such as buyers and sellers, are reflected in the price movements of a security and…
When it comes to trading or investing in cryptocurrency, choosing the right exchange is crucial. Cryptocurrency exchanges are online platforms that allow users to buy, sell, and store digital currencies. With so many options available, it can be overwhelming to choose the right one. In this article, we will provide…
The cryptocurrency market is a rapidly growing and highly volatile industry that has attracted a lot of attention in recent years. Understanding the market is crucial for anyone looking to invest or trade in cryptocurrencies. In this article, we will explore some of the key aspects of the cryptocurrency market,…
Cryptocurrency trading is the process of buying, selling, or holding digital currencies in order to make a profit. Cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, are decentralized digital assets that use encryption techniques to secure and verify transactions on a distributed ledger called a blockchain. One of the main advantages…
The new function will appear in a mobile application developed by the People’s Bank of China. Payment of bills can be made without linking a bank card. Chinese residents will be able to pay their electricity bills in crypto yuan using a mobile app developed by the People’s Bank of…
The Crypto Yuan was first used in China to buy plane tickets, and Spring Airlines began accepting this form of payment in Shanghai. The first ticket paid in CryptoYuan, worth ¥ 560 (about $ 86), was purchased on a Shanghai-Shenzhen flight, marking the beginning of the use of Chinese cryptocurrency…
Last October, Xi Jinping stated that the development of blockchain technology is one of the priorities of the Chinese government. By that time, it was already known that in the territory of the Middle Kingdom, since 2014, a state cryptocurrency was being developed with the support of the People’s Bank…
Shanghai New World City and Daimaru New World, as well as food provider Taikang Food Store, processed thousands of digital RMB transactions over the weekend, Shanghai Daily reported. As part of the trial, retailers introduced e-payments in RMB as part of a sales campaign to mark International Women’s Day. Shanghai…
The Suzhou authorities in China introduced the next round of Crypto Yuan testing. In total, about $ 5 million will be distributed among citizens. According to financial experts will now check the end-to-end infrastructure for future Crypto Yuan transactions.This year, 150 thousand Suzhou residents will be involved in testing a…