In a live stream on Wednesday, The Bank of England estimates that 20% of deposits all over the world could potentially move toward CBDCs, which will affect strongly permissionless finances like DeFi and Stablecoins.
Bitcoin (BTC) price continues to fluctuate strongly when dipping under $56,000. The total crypto market capitalization is also in a downtrend. However, analysts showed that there is still a silver lining for a reservation.