Bitcoin / 629 posts found
Tron’s Justin Sun Follows in the Footsteps of Terra, Announces USDD Stablecoin Backed by TRX
Cryptocurrency Summary: Tron’s Justin Sun has announced the launch of an algorithmic stablecoin backed by TRX Known as USDD, the stablecoin will be decentralized Tron’s USDD will be launched on May 5th, 2022, and be available on Ethereum and the Binance Smart Chain Justin Sun’s plans for a stablecoin backed by TRX are similar to Terra’s UST backed by Bitcoin and Avalanche (AVAX) The Founder and former CEO of Tron and now Ambassador and Permanent Representative of Grenada to the WTO, Justin Sun, has announced plans to launch a decentralized algorithmic stablecoin backed by TRX. According to the official announcement […]
Gold, Stocks, and Bitcoin (BTC): Weekly Overview — April 21
This week’s price movements for Bitcoin (BTC) and gold -and our stock pick is Robinhood. BTC Bitcoin (BTC) has struggled a bit over the past two weeks, trading at roughly $43,500 on April 7 – and falling by $1,000 by April 9. Despite rising to $43,250 the next day, BTC dropped further to $39,500 on April 11. After some spikes it rose again to $41,500 by April 14, only to fall back down later in the day. Rising above $40,000 the next few days, it dropped again to nearly $35,750 on April 18, before shooting up later in the day, […]
Kraken Daily Market Report for April 20 2022
Cryptocurrency Cryptocurrency Overview Daily spot trading volume: $765.3 million, 30 day average spot: $832.5 million. Total futures notional: $192.3 million. The top five traded coins were (for a fourth day in a row), respectively, Tether (0%), Bitcoin (-0.3%), Ethereum (-0.8%), USDC (0%), and Solana (-2.7%). Super strong returns from 0x (+50%) and ApeCoin (+25%). April 20, 2022 $765.3M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.0002 ↑0.0% $269.0M BTC $41369. ↓0.3% $149.2M ETH $3077.5 ↓0.8% $113.4M USDC $0.9999 ↓0.01% $37.2M SOL $105.60 ↓2.7% $29.4M…
The Download: How AI capitalizes on catastrophe, and the Bitcoin cities of Central America
Crypto millionaires are pouring money into Central America to build their own cities El Salvador’s Conchagua Volcano, home to a lush ecotourism retreat amid its sun-dappled forest, is set to host a glittering new Bitcoin City, the country’s president announced in November 2021. A vast construction project to remodel virgin forest into a vibrant metropolis could soon be underway. While some politicians and residents believe in crypto’s potential to jump-start the economy, others see history repeating itself. As El Salvador’s experiment takes shape in the form of Bitcoin City, a similar development is already underway in Honduras—but backlash from locals […]
Robinhood revives plans to launch in the UK with deal to buy crypto app Ziglu
Cryptocurrency A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood said Tuesday it has agreed to buy Ziglu, a London-based fintech app that allows users to trade bitcoin and several other cryptocurrencies. The acquisition will help in its expansion plans in the U.K. and Europe, the company said. The announcement comes nearly two years after Robinhood halted plans to launch in the U.K. At the time, the company said it was prioritizing its business at home over international expansion. Shares of Robinhood climbed more than 5% […]
The Daunting Task of Making Crypto Climate-Friendly
Cryptocurrency (AP Photo/Kin Cheung, File) Crypto-mining chips get more efficient each year. So why does bitcoin still use more energy than Finland? Read Full Article » Read More