Cryptocurrencies have skyrocketed as they approach the overbought zone. At the time of writing, USTC, LUNC, IOTA, ROSE and INJ are rallying while others are pulling back to regain their upward momentum.
The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain network.