BitDigest April 20 · Issue #884

• Crypto pricing lower but holding after last weekend’s sell off
• The UK opens central bank accounts allowing participants to hold central bank issued money
• UAE adds legal authentication services to government blockchain

Crypto Fear & Greed Index

The Fear & Greed Index for bitcoin and other large cryptocurrencies has surprisingly remained basically unchanged, only dropping one point compared to last week. The index is holding in the ‘Greed’ band and has posted between 70 and 79 every day since March 28th. The index did jump to the 79 high this week before sliding back to 73 today. In past crypto sell offs, the index has dropped below 50, but I believe the index has posted higher given the strength of ‘alt’ coins that have gained greater dominance as bitcoin (BTC) dominance has dropped to a recent level of 51%.  

PwC CBDC Global Index

📝Yesterday, I reported that PwC had ranked the Bahamas and Cambodia as the top two sovereign digital currencies based on their retail CBDC initiatives. Here is a copy of the PwC report.

The Headlines

Exchange, Custody and Product News

Cryptos are back

Long time readers of BitDigest will recall that I used to include a daily cartoon, well @the_cryptos has started publishing again, so I plan to share their daily cartoon as long as they continue.