• Analysts Can’t Agree on What Prompted Big Spike in New Bitcoin Addresses 
• China Central Bank Official Reveals Results of First Digital Yuan Pilots
• Inside the Estonian CBDC Experiment That Could Shape the Digital Euro.

• Bitcoin hovering at 10,700 USD$

Analysts Can’t Agree on What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

This could also be a sign of old whales moving their coins to different addresses.

China Central Bank Official Reveals Results of First Digital Yuan Pilots

An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities.

The digital wallets processed RMB 1.1 billion ($162 million) across 3.1 million digital yuan transactions between April and August when the pilots launched and ended, Fan said, making it the most widely used central bank digital currency (CBDC) in a commercial setting. 

Inside the Estonian CBDC Experiment That Could Shape the Digital Euro.

In 2017's ICO popularity spike, European Union member Estonia said it had the digital structure to issue its citizens a national cryptocurrency, “Estcoin.”

The ECB’s changed position today signifies how serious the discussion around a digital euro has become, said Luukas Ilves, head of strategy and innovation at Guardtime, the technology provider assisting Eesti Pank, the central bank of Estonia.  

  Thank you for reading my article, and until next time, stay cool crypto world!