Algorithmic Stablecoins Temporarily Lose Pegs as Crypto Markets Crash

Crypto markets have lost roughly 30 percent off of their total market capitalization over the past seven days. As crypto prices continue to tumble, and traders scramble to close their volatile holdings, the stablecoin market is surging: according to CoinTelegraph, the total stablecoin supply has grown by roughly 190% over the past 90 days. However, not all stablecoins are created […]

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Stellar Lumen (XLM) Price Eyes Fresh Rally above $0.45

Stellar lumen price is recovering losses from $0.3000 against the US Dollar, similar to bitcoin. XLM price could start a strong recovery if it breaks the $0.4500 resistance. Stellar Lumen Price Analysis (XLM to USD) In the past few sessions, stellar lumen price saw a strong decline below the $0.5500 support against the US Dollar. The XLM/USD pair even broke […]

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Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services – Regulation Bitcoin News

On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended its cloud-mining operations and other crypto services to customers in mainland China. Rumors of China and Bitcoin’s Uneasy Relationship Continue It was […]

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Home block reward miners to face ‘heavy fines’ in Iran

People in Iran who turn to mining digital currency via their domestic electricity supply will now face heavy fines, according to a spokesperson for the Iranian government. Mostafa Rajabi, a spokesperson for the Energy Ministry in Tehran, said users would be subject to significant fines if caught mining from home, citing block reward mining as one of the major threats […]

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Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network's Environmental Impact – Bitcoin News

Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops Accepting Bitcoin Donations Greenpeace has […]

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Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity – Featured Bitcoin News

Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards are seemingly over. Meanwhile, only eight block rewards from 2010 have been […]

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David Rubenstein: Crypto Will Not Disappear

Billionaire investor David Rubenstein says that crypto has crossed a line into mainstream territory, and that the likelihood of digital assets disappearing at some point in the future is slim to none. David Rubenstein: Crypto Is Here to Stay Crypto has taken the world by storm over the past year. Bitcoin, for example, is the world’s largest and most popular […]

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