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DAI at 1xBit. New Stable Coin – Your Next Ride!
6.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Meet DAI at 1xBit - an Ethereum-based stable coin with its value of 1 USD, the key in the MakerDAO lending system.
MakerDAO develops technology and resources for borrowing, lending, and saving money using...
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
5.7.2021
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk...
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
2.7.2021
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....
Centre to Expand USDC to Ten More Blockchains; Launches on Tron
1.7.2021
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only...
Elon Musk Tweet Sends New Baby Doge Coin Soaring — Meme Token’s Daily Gains Jump 228%
1.7.2021
While dogecoin and the ERC20 token shiba inu have surprised the masses with phenomenal gains this year, another dog token has entered the fray. A coin project called “Baby Doge” has risen 228.3% during the last 24 hours and even more so after Tesla’s CEO Elon Musk tweeted about...
DeFi Coin (DEFC) Lists on Vindax!
1.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
With all the key elements needed to lead the cryptocurrency area, DeFi Coin was listed on the Vindax exchange platform on June 30th at 8 AM (UTC).
You didn’t hear about DeFi Coin yet? Then read further and find...
Coin Race: Top Winners/Losers of June, Q2 and First Half of 2021
1.7.2021
It’s already July, meaning that the world left another month, quarter and half a year behind, and so did crypto. And what an eventful time it was. A rollercoaster type of eventful. The first quarter was entirely green, with nearly all coins recording triple-digit rises. The second quarter – not...
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra...
As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
1.7.2021
The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%....
Price analysis 6/30: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
30.6.2021
Bitcoin and altcoins are witnessing selling near key overhead resistance levels, but a shallow pullback may suggest further upside is in store
Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Mysterious John McAfee Website Appears for Two Days — Whackd Token Climbs Over 700%
28.6.2021
Following the death of the former antivirus tycoon John McAfee, an ERC20 token called whackd (WHACKD) has seen its valuation rise significantly. Three days ago, the Ethereum-based coin was swapping for less than a U.S. penny, but then the token skyrocketed by 733% reaching over $0.07 per unit....
Faze Clan Members Skewered By Fans Following Huge Crypto Losses
28.6.2021
Faze Clan, a video game group known for its vlogs and streetwear releases, is under hot water over cryptocurrency endorsements that have cost fans money. While a scam has not been outright proven, many are questioning whether or not members of the group capitalized on their fame to put a...
Price analysis 6/28: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
28.6.2021
Select altcoins are looking to capitalize on Bitcoin’s range-bound trading below the 20-day moving average
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Palestinians Ponder Digital Currency as Move for Monetary Independence
26.6.2021
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. Digital Currency to Help...
Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
26.6.2021
The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools
Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Still Outshined BTC
25.6.2021
The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest...
Price analysis 6/25: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
25.6.2021
Sellers are jumping on top of every breakout from Bitcoin and altcoins, indicating that the bears are in no hurry to let go of their advantage
Absa Bank (S. Africa) Bars Clients From Dealing With Binance
25.6.2021
Imposing a ban on the purchase of digital coins, a Bank in South Africa, Absa Bank, has prohibited clients from purchasing cryptocurrencies on the Binance crypto exchange. Absa Bank, one of the largest banks in the region, has taken the step owing to Binance’s non-compliance with its policies...