Altcoins

Spending cryptocurrencies such as Bitcoin and Ethereum in shops and restaurants is getting easier by the day. More and more merchants grasp the potential of cryptocurrencies and adopt them in one way or another. Several cryptocurrency debit cards have recently popped up to help businesses offer digital assets as a payment method. Just like any other conventional ones, cryptocurrency debit cards allow you to conduct day-to-day transactions using BTC, ETH, XRP, and other...

With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space. How Much Lower Will Bitcoin Go? 2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it...

For many years, crypto traders were under the impression that someone named John Dobbertin was the elusive man behind the legendary Zcash, an anonymous form of cryptocurrency. It now looks like that name is nothing more than a pseudonym to hide the real identity of one of the coin’s main developers. That developer is Edward Snowden, the NSA whistleblower who fled to Russia in 2013. Edward Snowden and His History with Zcash Snowden is a former employee of the National...

Ist Staking das neue Mining? Als Krypto-Börse geniesst Bitpanda grösstes Vertrauen bei seinen Nutzern. Jetzt können Anleger Bitcoin und Co staken und dadurch passiv Geld verdienen. Dies ist insbesondere dann interessant, wenn die Kurse fallen. Wer möchte, kann bis zu 27 % effektiven Jahreszins einheimsen und so sein Geld für sich arbeiten lassen. Dabei darf man sich auf wöchentliche Auszahlungen freuen – ohne Lock-in. Mit diesem neuen Feature...

Stable Corp – a leading Canadian fintech firm and a partner in the development of Canada’s first digital dollar (known as Digital Deposit Receipts or DDR) – has earned more than $1.5 million in growth capital from equity partners like Circle Ventures, Genesis, and the Stellar Development Foundation. Stable Corp Gets a Lot of New Funding In an interview, Alex McDougall – president and chief operating officer Stable Corp – announced: We are thrilled to welcome Circle...

The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market meltdown, global financial regulators started proposing different legislations to regulate stablecoins better and prevent similar incidents from occurring in the future. UK to Legalize and Regulate Stablecoins Over the weekend, the United Kingdom Treasury revealed plans...

Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is down more than 40% over the past seven days. It stated that the slump had been caused by investors flipping tokens into stablecoins in preparation to cash out into fiat. However, the massive slump in token prices would also have impacted TVL, a dollar-based figure. At the time of writing, DappRadar was...

If you’re in Ohio, Kentucky, or Indiana and you fancy purchasing an automobile with cryptocurrency, you may want to stop by the Jeff Wyler Automotive Family auto center. Recently, the company completed its first vehicular cryptocurrency sale, having sold a certified pre-owned 2021 Mercedes-Benz S580 to someone in Saudi Arabia. Jeff Wyler Automotive Sells a Mercedes for Crypto The news is solid in that it’s pushing the goals of cryptocurrency and bitcoin closer to being...

Bitcoin has calmed just under and around the $30,000 level after the recent massive volatility that brought the asset south by five digits. Most altcoins are also quite stagnant on a daily scale, with a few exceptions, such as Polkadot, Bitcoin Cash, and Monero. Bitcoin Stands Still Below $30K The past ten days were nothing short of a volatile rollercoaster for bitcoin and the rest of the market. The largest digital asset stood close to $40,000 before it plummeted by $4,000...

The VeChain Foundation has published its Q1 report, stating that its treasury amassed $1.2 billion in cryptocurrencies by the end of the quarter, a slight drop from $1.38 billion as recorded in Q4 2021. Surprisingly, the foundation behind VeChain only spent roughly 4.1 million during the first three months of 2022 – mainly for business development and operational costs. Expenses Overshadowed by the Treasury Fund According to the report, the Foundation ensured investors that...