Bitcoin spiked to $11,600 as the United States Federal Reserve committed maintaining the inflation rate at 2% on average. After the speech, BTC/USD was lower at around $11,390, up 0.7% on the day amid heightened volatility.
BTC/USD 1-day chart on August 26, 2020. Source: Coin360
Galaxus completes electronic commerce payment transactions with Digital Swiss Franc (DCHF) issued by Sygnum Bank, transactions was enabled by Coinify. The first regulated stablecoin in Switzerland is entering e-commerce.
📣Announcement: @coinify & @Galaxus enable world’s first e-commerce payment using Sygnum Bank #DCHF stablecoin. The Sygnum Digital Swiss Franc (DCHF), pegged 1:1 with the Swiss Franc, eliminates the need for card systems, reduces costs & fraud, & processes real-time transactions.
— Sygnum Bank (@sygnumofficial) August 27, 2020
