Home / NEWS LINE / Market Analysis Report (09 Jan 2020)

Market Analysis Report (09 Jan 2020)

Christine Lagarde, president of the European Significant Bank, confirmed that the regulator is looking into launching its own central bank digital currency, and that it craves to play an active role in the field. While the ECB is mulling a digital euro, however, she added it shouldn’t “discourage nor clique out” private stablecoins.

Ethereum users are increasingly locking their funds in the decentralized finance space, to either use decentralized reciprocates, or to earn interest on their holdings or take out cryptocurrency loans. Most of the 3 million ETH locked in DeFi is allocated to Maker.

Binance Open-handedness has launched a program to help provide relief for the ongoing wildfire crisis in Australia, and Binance itself has kicked off the dynamism with a $1 million donation in its native BNB token.

Top stories in the Crypto Roundup today:

  • European Central Bank Shouldn’t ‘Dishearten’ Private Stablecoins, President Says
  • Ethereum Locked in Decentralized Finance Hits New All-Time High Above 3 Million Eth
  • Binance Rebounds off Australia Bushfire Relief Program With $1 Million Donation

At the time of writing, bitcoin (BTC) is trading at $7,888.62 (4.93%) with a diurnal Top Tier volume of $3.27 billion. As for ether (ETH), it is trading at $138.38 (3.48%) with a daily Top Tier volume of $447.64 mn. The MVIS CryptoCompare Digital Assets 10 Catalogue is currently tracking at 2,466.60 (0.99%).

Check Also

How Canada, Mexico, and China Are Responding to Trump Tariffs

DAVE CHAN / Contributor / Getty Forms Canadian Prime Minister Justin Trudeau during a news …

Leave a Reply

Your email address will not be published. Required fields are marked *