Bitcoin's Future: Positive Note or Bleeding Out?

1 min read
Source: CoinDesk
TL;DR Summary

Bitcoin has risen 7% in the past seven days, trading between $27,000 and $30,000. The European Central Bank is considering issuing a retail central bank digital currency and wants its centralized-financial settlement systems to better interact with distributed ledger technology. Binance is set to begin operations in Japan after acquiring the regulated Sakura Exchange BitCoin. San Francisco-based First Republic Bank's shares dropped 50% after revealing its deposits fell by $100 billion in the first quarter. Franklin Templeton's CEO will discuss developing crypto-linked investment products in a bear market.

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