June 26 BTCUSD BingX Chart Analysis and Today's Headline
Bitcoin recently surged to over $31,400, registering a year-to-date gain of over 80%. Other cryptocurrencies followed suit, highlighting the resilience of the crypto market. However, Bitcoin subsequently retraced below the initial support level of $30,250, which warrants careful attention as a critical support. Following the upward movement, Bitcoin's momentum stalled, leading to a pullback from its recent highs and resulting in a short-term consolidation within a narrow range.
Today’s Cryptocurrency Headline
Italy's Central Bank Has Launched a CBDC Pilot Project
According to Finextra, the Bank of Italy has initiated a pilot project for a central bank digital currency (CBDC) called "Project Leonidas." Eighteen Italian commercial banks and the Italian Banking Association (ABI) will participate in the project, which aims to "explore blockchain applications that promote financial stability and consumer protection." Participating banks will use a shared ledger for interbank payments, streamlining the payment process.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Today’s Cryptocurrency Headline
Italy's Central Bank Has Launched a CBDC Pilot Project
According to Finextra, the Bank of Italy has initiated a pilot project for a central bank digital currency (CBDC) called "Project Leonidas." Eighteen Italian commercial banks and the Italian Banking Association (ABI) will participate in the project, which aims to "explore blockchain applications that promote financial stability and consumer protection." Participating banks will use a shared ledger for interbank payments, streamlining the payment process.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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