Stablecoins: why they crashed and what it means for cryptocurrencies

Popular cryptocurrencies like bitcoin and ethereum have seen their prices plummet in recent weeks, but stablecoins are also having their moment in the spotlight – and for all the wrong reasons. TerraUSD, a top stablecoin, broke its peg to the dollar and is now trading near zero, precipitating a broader crash and even top-tier cryptocurrencies … Read more

What are cryptocurrencies, stablecoins and CBDCs, and how do they differ?

Credit: Unknown / Shutterstock Cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs) are gaining traction around the world. Market watchers expect lawmakers to tighten cryptocurrency regulations in the coming years. Several nations are likely to follow in China’s footsteps and ban all cryptocurrencies and stablecoins. Others are likely to follow in El Salvador’s footsteps and … Read more

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt | WITF

May 14, 2022 | 9:15 a.m. Kin Cheung/AP FILE – An advert for the Bitcoin cryptocurrency is displayed on a street in Hong Kong, Thursday, Feb. 17, 2022. It’s been a crazy week in crypto, even by crypto standards. Bitcoin plummeted, stablecoins were anything but stable, and one of the most prominent companies in the … Read more

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt

As the old maxim goes, sometimes the bigger they are, the more they fall. Bitcoin and other cryptocurrencies have exploded during the pandemic, turning many amateur investors into millionaires, at least on paper. Bitcoin, for example, hit an all-time high of nearly $68,000 in November. Today, it is trading at less than half that amount … Read more

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt

A Bitcoin logo is seen during the Bitcoin 2022 conference at the Miami Beach Convention Center in Miami on April 8. Cryptos such as Bitcoin have fallen in recent days as part of a storm that has hit all kinds of markets. Marco Bello/Getty Images hide caption toggle caption Marco Bello/Getty Images A Bitcoin logo … Read more

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt

As the old maxim goes, sometimes the bigger they are, the more they fall. Bitcoin and other cryptocurrencies have exploded during the pandemic, turning many amateur investors into millionaires, at least on paper. Bitcoin, for example, hit an all-time high of nearly $68,000 in November. Today, it is trading at less than half that amount … Read more

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt

As the old maxim goes, sometimes the bigger they are, the more they fall. Bitcoin and other cryptocurrencies have exploded during the pandemic, turning many amateur investors into millionaires, at least on paper. Bitcoin, for example, hit an all-time high of nearly $68,000 in November. Today, it is trading at less than half that amount … Read more

Explanation: what are stablecoins, the asset that rocks the cryptocurrency market?

Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration photo taken June 2, 2021. REUTERS/Florence Lo/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, May 12 (Reuters) – Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to hold constant … Read more