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Steem (STEEM) Trading Down 14.6% This Week
Monday, April 19, 2021 3:36 AM

There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD). Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power. Steem Power is basically Steem that is locked in a vesting fund for 3 months. Converting Steem backed dollars into STEEM takes 5 days. Steem gets converted to Steem Backed Dollars and sent to the content creator.

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Centric Cash Market Cap Reaches $6.42 Million (CNS)
Monday, April 19, 2021 3:36 AM

One Centric Cash coin can currently be bought for about $0.0020 or 0.00000004 BTC on cryptocurrency exchanges. Centric Cash has a market cap of $6.42 million and approximately $2.05 million worth of Centric Cash was traded on exchanges in the last day. Centric Cash’s official Twitter account is @CentricRise and its Facebook page is accessible hereAccording to CryptoCompare, “In the Centric economy, there are two currencies, Centric Cash and Centric Rise. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Centric Cash using one of the aforementioned exchanges. Receive News & Updates for Centric Cash Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Centric Cash and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

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ForexLive Asia FX news wrap: Weekend BTC dump
Monday, April 19, 2021 3:00 AM

Forex news for Asia trading for Monday 19 April 2021Bitcoin dropped sharply over the weekend. US stocks opened the week (Sunday night Globex equity futures trade) on a heavy note, declining initially but since recovering (as I post) to be positive for the session. Local equity markets in the region gained. On the FX front its been a mixed bag, with EUR quite weak against the dollar but, after earlier being much the same, some recovery for AUD, NZD, GBP. Regional equities:Japan's Nikkei +0.2%, Topix +0.1%China's Shanghai Composite +1.19%Hong Kong's Hang Seng +1%Australia's S&P/ASX 200 +0.21%

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PwC Ranked Central Bank Digital Currencies. China Isn’t Number 1
Monday, April 19, 2021 2:39 AM

(Bloomberg) -- Mainland China is third behind the Bahamas and Cambodia in a ranking of the maturity of central banks’ retail digital currency projects, according to a report from PwC.More than 60 central banks are now exploring digital currencies, with retail projects more active in emerging economies given the importance of financial inclusion, while interbank or wholesale applications tend to be more predominant in advanced economies, the report said.The Bahamas and Cambodia take top marks in retail because their projects are already live, while China is still in the test phase. Only 23% of retail projects have reached implementation stage, while nearly 70% of wholesale projects are running pilot programs, according to the report.“CBDCs will contribute significantly to the modernization of the international monetary landscape, hand-in-hand with reconfiguration in both payment and financial infrastructure,” PwC said. “They will generate numerous opportunities for further digitization in both corporates and financial institutions, as their integration in payment and financial infrastructure progresses.”Read More: Central Banks Edge Toward Money’s Next Frontier in Digital WorldCentral bank efforts at digital currencies accelerated first after Bitcoin became more popular and then once the Facebook Inc.-backed Libra project, now named Diem, was announced.With China in the testing phase on its digital yuan, other countries have accelerated their efforts. Jurisdictions like Sweden and the European Union are starting to make some headway. The Federal Reserve, though, has signaled it’s in little rush to get a digital dollar off the ground.Digital YuanChina’s efforts to create a digital yuan are aimed at domestic use and its goal for internationalizing its currency is not to replace the dollar, a senior official from its central bank said Sunday.As for interbank or wholesale projects, Thailand and Hong Kong SAR tied for the top ranking, according to the PwC report. They’re followed by Singapore, Canada and the U.K.The report also said more than 88% of CBDC projects at pilot or production phase use blockchain as the underlying technology. While it isn’t always necessary for such projects, it helps offer secure transfer of ownership, transparent audit trails and increasing interoperability with other digital assets, the report said.“The general public will be one of the biggest beneficiaries of CBDCs as it will give them access for the first time to a digital form of central bank money,” said Henri Arslanian, global crypto leader at PwC. “And that is a big milestone in the evolution of money.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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Bitcoin slumps 14% as pullback from record gathers pace
Monday, April 19, 2021 2:36 AM

Representations of the Ripple, bitcoin, etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. Bitcoin was last trading down 10% at $53,991 as of 1320 GMT, a whopping $12,000 below record highs set on Wednesday. "The power outage does expose a fundamental weakness; that although the Bitcoin network is decentralized the mining of it is not," Sully added. Some widely-followed blockchain analysts on Twitter pointed to a sharp drop in "hash rate" due to the outage. A hash rate reduction slows transactions, which ironically makes it harder to move coins to exchanges for sale.

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ForTube (FOR) Price Hits $0.10 on Top Exchanges
Monday, April 19, 2021 2:34 AM

ForTube (CURRENCY:FOR) traded 6.3% lower against the dollar during the twenty-four hour period ending at 22:00 PM E.T. ForTube has a market cap of $45.05 million and approximately $48.49 million worth of ForTube was traded on exchanges in the last day. One ForTube coin can now be purchased for $0.10 or 0.00000181 BTC on popular exchanges. “ForTube Coin TradingIt is usually not possible to buy alternative cryptocurrencies such as ForTube directly using US dollars. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ForTube using one of the aforementioned exchanges.

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BitTorrent (BTT) Price Reaches $0.0080 on Top Exchanges
Monday, April 19, 2021 2:34 AM

BitTorrent has a total market cap of $5.31 billion and $2.25 billion worth of BitTorrent was traded on exchanges in the last day. The official website for BitTorrent is www.bittorrent.comAccording to CryptoCompare, “BitTorrent Protocol is a decentralized protocol with over 1 billion users. BitTorrent Inc. invented and maintains the BitTorrent protocol. While there are many implementations of the BitTorrent software, BitTorrent and µTorrent (often called “utorrent”) remain two of the most popular. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitTorrent using one of the aforementioned exchanges.

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Davinci Coin (DAC) Price Up 3.6% Over Last 7 Days
Monday, April 19, 2021 2:34 AM

One Davinci Coin coin can currently be purchased for $0.0130 or 0.00000023 BTC on major exchanges. Davinci Coin has a total market cap of $75.46 million and approximately $8.31 million worth of Davinci Coin was traded on exchanges in the last 24 hours. Davinci Coin Coin ProfileDavinci Coin (DAC) is a proof-of-work (PoW) coin that uses the X11 hashing algorithm. “Davinci Coin Coin TradingIt is usually not presently possible to purchase alternative cryptocurrencies such as Davinci Coin directly using U.S. dollars. Receive News & Updates for Davinci Coin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Davinci Coin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

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ChatCoin 24 Hour Trading Volume Hits $879,084.00 (CHAT)
Monday, April 19, 2021 2:33 AM

ChatCoin (CURRENCY:CHAT) traded 12.9% lower against the dollar during the 24-hour period ending at 22:00 PM E.T. During the last seven days, ChatCoin has traded down 0.4% against the dollar. ChatCoin has a total market cap of $6.63 million and $879,084.00 worth of ChatCoin was traded on exchanges in the last day. “ChatCoin Coin TradingIt is usually not currently possible to buy alternative cryptocurrencies such as ChatCoin directly using U.S. dollars. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ChatCoin using one of the exchanges listed above.

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