What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?

Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform's underlying blockchain, the Ronin Network.AXS/USD dropped to $46.69 on Monday, its lowest level since March 16, signaling a dampening buying sentiment among traders and investors following the hacking incident. Independent market…

The S&P 500 rose for the fourth successive week as investors cheered on signs that inflation may have peaked. Bitcoin (BTC) and select altcoins also extended their recovery, suggesting that investors are increasing their exposure to risk assets.A similar trend has played out in the cryptocurrency markets. Altcoins, led by Ether (ETH), have outperformed Bitcoin…

$40,000 remains a hurdle for BTC price, but traders still agree that the current range is a zone for accumulation. 662 Total views 15 Total shares Traders faced another day of red markets on April 14 after the weakness in equities markets continued to put a damper on crypto prices. Data from Cointelegraph Markets Pro and…

Support.com and Greenidge Generation are expected to complete the merger in the third quarter of 2021. 2901 Total views 15 Total shares Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com.In an announcement today, Greenidge said it had…

BTC price targets now feature the 2021 all-time highs of $69,000 as optimism on Bitcoin mounts.

Technology is changing fast, but the role of the central bank stays the same, Williams tells an audience of officials, scholars and financial industry leaders. 604 Total views 6 Total shares Get ready for a fundamental change in money and payments, John Williams, president and CEO of the Federal Reserve Bank of New York, told…

There are now more than 20,000 new scholars in the guild, which is still seeing sustained demand for play-to-earn gaming. 251 Total views 26 Total shares The popular gaming guild YGG has reached a milestone in terms of new scholars for the Axie Infinity platform and various other play-to-earn games.Yield Guild Games reported 20,700 unique…

"Millennials are buying more of the Bitcoins and the cryptocurrencies," says Ruchir Sharma.

Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center. Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in Sweden, driven by the country's burgeoning renewable energy surplus. The new operation is located in the far North…