Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Related Posts
Government-Backed Tokenized Gold With ‘Killer Features’
A crypto consortium including Bittrex Global, Ledger, CertiK, and Uphold, has launched a gold token backed by the world’s largest refiner of newly minted gold. 5048 Total views 23 Total shares The Universal Protocol Alliance — a consortium of crypto firms comprising Bittrex Global, Ledger, CertiK, and Uphold — has launched a token backed by…
Vitalik Buterin expects lots of ways to exchange CBDCs for crypto
Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. 2462 Total views 4 Total shares Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes.Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that…
Pro traders close Ethereum longs even after today’s $1.15B options expiry
Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge in gas fees for Ethereum transactions likely played a part.To better assess these…
The USA can (and should) dedicate more energy to Bitcoin mining
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.
Reddit mods dumped tokens hours before blockchain program termination
Analysis of token movements from Redditor moderators' wallets suggests at least three moderators dumped thousands of dollars worth of Moon tokens just minutes before the actual announcement. 193 Total views 2 Total shares Popular social network platform Reddit announced the wind-down of its blockchain-based community points program on Oct. 17 citing scalability issues. The announcement
Uber’s Largest Shareholder Softbank Denies Deal With Bitmain, Other Investments Uncertain
An official from Softbank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech…
IBM CTO Tells US Congressmen ‘Let’s Get Government Ready for Blockchain’
IBM and members of the U.S. Congressional Blockchain Caucus discussed the use of blockchain for ID systems, payments, and supply chains during a meeting today, September 24, according to a press call attended by Cointelegraph.IBM recently published a report entitled “The Impact of Blockchain for Government: Insights on Identity, Payments, and Supply Chain” made in…
DeFi’s critical missing piece: Credit scores
Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens or even hundreds of times higher than standard…