The leading cryptocurrency by market value traded as high as $28,400 late Sunday, up from about $25,900 the previous week. At press time, bitcoin is changing hands at just under $28,000. Prices, however, were still down about 5% for May in what would be the first monthly decline of the year, assuming things hold through Wednesday. Ether at the moment is up modestly in May after trading in a tight range for most of the month.
The European Central Bank has finalized prototypes for a digital euro as it prepares to take a decision later this year over whether to develop the EU's fiat currency in a new format, according to. The ECB says its potential central bank digital currency can be designed to boost innovation, but appears more skeptical about using Web3-style