In the U.S. during the current presidential campaign, some candidates are opposing the launch of a digital government currency known as the digital dollar.
According to a Bloomberg report, opponents of the digital version of the dollar include Florida Governor Ron Desantis and politician Vivek Ramaswamy.
These candidates speak out against the Federal Reserve's (Fed) plans to implement a digital version of the dollar. They cite executives from a number of U.S. banks and cryptocurrency companies who also do not support the CBDC. For example, Circle, the issuer of the USDC Stablecoin, also does not welcome the idea of a digital currency.
Vivek Ramaswamy compares the digital dollar project to China's plans to launch a digital yuan, while Desantis is convinced that a law prohibiting CBDC development is needed. Both politicians believe that launching a digital version of the dollar would violate the basic rights of citizens.
Chartered Bank analysts predict that bitcoin is poised to take off again and reach the $100,000 mark by the end of 2024.
This is supported by the recent banking crisis in the U.S., which has reduced confidence in traditional financial instruments and increased the attractiveness of alternative assets. In addition, the Fed's gradual withdrawal of tight monetary policy may lead to an influx of capital into risky assets, including bitcoin.
Bitcoin's share of the cryptocurrency market is expected to reach 50-60%. One of the review authors, Jeff Kendrick, calls bitcoin a scarce asset that can be used to accumulate and transfer funds.
The BNB Chain network held a validator vote
BNB Chain held a vote among validators who expressed support for the decision to reduce the fee by 40 percent, from 5 GWEI to 3 GWEI. This was taken in order to ensure competitiveness with other Ethereum second-tier networks. Currently, BNB ranks fourth in market capitalization after BTC, ETH and USDT.