Distribution

RBI Proposes Support for CBDC Distribution via Non-Bank Payment Operators

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Several countries, including India, are expanding central bank digital currency (CBDC) trials, hoping to integrate then with their existing financial systems. The Reserve Bank of India has proposed the expansion of support for the digital rupee CBDC within the retail ecosystem beyond banks. In the coming days, the RBI is expected to start circulating the … Read more

PEPE Fades 100-day Average Breakout as ‘Distribution’ Continues

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Pepe , the world’s third-largest stablecoin by market value, has failed to keep gains above the 100-day simple moving average (SMA) amid continued distribution or selling by holders. The cryptocurrency briefly topped the 100-day SMA at $0.00001009 early Monday before reversing the spike to trade 1% lower at $0.00000992 as of writing, according to CoinDesk … Read more