How To Understand Cryptocurrency And Why It's Popular

Relevance is automatically assessed so some headlines not qualifying as crypto currency news might appear. It seems like a lot of people came to Miami not for the conference but for the party scene — specifically, the NFT party scene. The current interest in NFTs and Web3 highlights Bitcoin’s inflexibility.

• They are meant to be less volatile than other cryptocurrencies like bitcoin or ether, which can swing wildly throughout the day.
• As for blockchain technology itself, it has numerous applications, from banking to the Internet of Things.
• Bloomberg cited people familiar with the matter, saying senior administration officials are holding several meetings and drafting an executive order that will be presented to President Joe Biden in the coming weeks.

We offer many thought leadership opinions from blockchain experts and leaders of the industry. Terra’s problems started from a combination of withdrawals of hundreds of millions, perhaps billions, of dollars from Anchor, a platform that supported the stablecoin. Combined with https://lenincoin.com/ worries overall about cryptocurrencies, and the drop in bitcoin’s price, Terra started to lose its peg to the dollar. The bitcoin that Terra held was also worth less than they paid for it, and selling those bitcoin into the market caused bitcoin prices to fall even further.

Daily Coin covers Bitcoin, Ethereum, Altcoins and teaches beginners how to get into crypto. There’s also a section dedicated to regulations and global policies that you might want to check out if you’re often on the move. It’s hard to find unbiased news reports these days, but that’s exactly what you’ll get on Crypto Daily. The site covers a variety of topics, mainly Bitcoin, Ethereum and other trending crypto. As the market expands and more content is poured into the mix, readers end up spending more time deciding which source is more reliable than actually consuming the information. If you’re tired of looking around for trusted outlets on the ever-changing topic of crypto, here’s a list of some of the most reliable sources we have found.

Goldman Sachs And Barclays Investment In Elwood Tech A Major Triumph For Crypto Adoption

All videos about Bitcoin, Ethereum, cryptocurrency and the advent of the decentralized web. All podcasts about Bitcoin, https://diigo.com/0ol093 Ethereum, cryptocurrency and the advent of the decentralized web. While most stablecoins are backed by reserves, algorithmic stablecoins use maths and incentive mechanisms to maintain their fiat peg.