As the idea of issuing the Central Bank Digital Currency (CBDC) is gaining traction worldwide, China makes practical steps to make their digital yuan release closer. Now, the country is going to expand its trials to test the CBDC potential on a larger scale.
Since the launch of cryptocurrency and its underlying technology, blockchain, many were puzzled as to how it would revolutionize various sectors of the economy. Now, businessmen have found a new use case for blockchain technology in the sale of used mobile phones.
Bitcoin will more likely experience major swings from April 11th through 19th since many countries including the US have strengthened restrictive measures to halt the COVID-19 pandemic. But despite the market facing pressure, just like any other markets, the general interest in BTC increases.