BITCOIN

China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank of China (PBOC), said Saturday that it is adding more pilot cities to test its central bank digital currency (CBDC), the digital yuan (e-CNY). The new pilot cities are Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen, and six cities in the Zhejiang province that will host the 2022 Asian Games in September. The six cities are Hangzhou, Ningbo, Wenzhou, Shaoxing, Jinhua, and Huzhou. The digital yuan is already being tested in 10 major cities: Shenzhen, Shanghai, Suzhou, Xiong’an, Chengdu, Hainan, Changsha, Xi’an, Qingdao, and Dalian. It was also tested at the Winter Olympics in Beijing. Commenting on its digital currency, the Chinese central bank stated: Policies must be designed to stimulate creativity and enthus

It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Ertha’s players will travel instantly between their home planet and Moon – a brand new Sci-Fi-inspired metaverse. Portals are an easy source of passive income. Players will need to purchase tickets to travel through and pay fees to transport cargo to its destination. Landowners earn revenue from each transaction. Purchasing a portal in Ertha is a smart investment. Each portal goes two ways, so owners in Ertha receive a portal NFT in Moon – for free (and vice-versa)! This new utility is also set to increase the value of the land surrounding each portal. Due to the convenience of player and resource transportation, they will also earn owners passive revenue due to the fees players will pay to travel through them. Portals will consistently have a high volume of activity. Just like E

Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance. Ethereum started a fresh increase after it cleared the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the $3,400 support zone. Ethereum Price Eyes More Gains Ethereum remained well bid above the $3,400 pivot level. ETH formed a base and started a fresh increase above the $3,450 resistance zone. There was a clear move above the $3,500 level and the 100 hourly simple moving average. The price even spiked above the $3,550 level and traded as high as $3,580. The price is now correcting lower and consolidating near the $3,500 level. There was a move below the 23.6% Fib retracement level of the upward