JPMorgan analyst says weakness in Bitcoin ‘appears to be at its end phase’

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The lack of volume and the sloping RSI also suggest that NEO prices might be vulnerable to a fresh decline.with a potential for further losses if the price falls below the triangles horizontal support line near $51.

Source:TradingViewThe current daily candle also shows bulls are trying to buy the latest dip but may need a little more volume to surmount the bearish challengeThe Sandbox environment will enable firms to test their solutions in a simulation with more than 100 core banking-based APIs and they will also experience the utility of their solution amid digital currency APIs from MastercardThe shortlisted projects will be able to present their solution at the Singapore FinTech Festival in front of a panel of judges and an international audience that is scheduled to take place in November 2021.000) will be fast-tracked by the MAS under the central banks Financial Sector Technology and Innovation (FSTI) Proof-of-Concept Scheme.

digital identity and hardware wallets to submit solution proposals that address the problem statements to reach the final of the challenge.The 15 finalised projects will now receive direct mentoring from the central bank of Singapore and prototype their solutions in the APIX Digital Currency SandboxThe Monetary Authority of Singapore (MAS) has announced the 15 finalists who have been shortlisted from over 300 submissions across 50 countries in the Global CBDC Challenge.

Retail CBDC projects like the ones being supported by MAS seek to serve as a medium for settlement at point of sale both online and offline.

Central bank digital currencies are the digital versions of fiat money that enable countries to promote cashless transactions.Video Chat and MessagingTo Reach Everyone: WhatsApp and Zoom.

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