Crypto markets have been curiously resistant to the latest macroeconomic utterances. With a few blips, bitcoin has been trading in a range between $29,000 and $31,500 for much of the past two months. It was recently changing hands at $29,100, down more than 3% over the past 24 hours. “It will take a fresh catalyst to excite Bitcoin traders,” Edward Moya, senior market analyst at foreign exchange market maker Oanda wrote in a Monday note.
Hong Kong, China Expand Cross-Border Digital Yuan Trial With E-CNY Wallets for HK Residents
The HKMA intends to continue working with the PBOC to expand the application of the e-CNY. The HKMA plans to...