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Join Our Telegram channel to stay up to date on breaking news coverage On the 14th of August, at the resistance price level of $0.500, Loopring began to trend downwards. At first, the downtrend was strong and continuous, but later we begin to see bulls struggling with bears for the price, especially at the major support price levels in the downtrend. When the price gets to $0.2433 support, the bulls became strong enough to fight the bearish move. Loopring Market Price Statistic: LRC/USD price now: $0.314  LRC/USD market cap: $$531,665,435.85  LRC/USD circulating supply: 1,330,133,546  LRC/USD total supply: 1,374,513,896  LRC/USD coin market ranking: #80 Key Levels Resistance: $0.3500, $0.4000, $0.4500 Support: $0.2500, $0.2000, $0.1500 Loopring Market Price Analysis: The Indicators’ Point of View Loopring secured another support which is higher than the $0.2433 support. The new support was formed in yesterday’s market at $0.254. Th...

Join Our Telegram channel to stay up to date on breaking news coverage The United States has been dragging its feet in launching a central bank digital currency (CBDC). The US Federal Reserve Board governor, Christopher Waller, has now said that a digital dollar will not improve the qualities of a US Fiat dollar that foreign entities value. Digital dollar will not enhance the qualities of a US fiat dollar In a speech on October 14, Waller, who is quite skeptical about CBDCs, said he supported having a dollar-backed stablecoin. Waller said that the primary nature of the US dollar made it beneficial to the US and the other countries where the country was used as a reserve currency. He added that the primary nature of the US dollar was not because of technological factors. Therefore, launching a US CBDC would not affect why the US dollar was adopted. He also dismissed claims that the shifting payments sector, because of the growing use of digital assets and CBDCs, would threa...