USD

USD Coin Volume Increases Following Visa's Acceptance of Cryptocurrency Payments
Mar 30, 2021 at 10:17
News
USD Coin Volume Increases Following Visa's Acceptance of Cryptocurrency Payments
The trading volume of USD Coin (USDC) has increased dramatically following the announcement by Visa of accepting the cryptocurrency for payments. Visa Inc. will become the first payments giant to allow its over 60 million merchants to settle transactions in USDC, a 12th cryptoasset by market cap and a stablecoin that is backed by US dollar (USD) created on the Ethereum blockchain.
Cryptocurrency Market Analysis: 5 Biggest Losers of February, 2021
Mar 03, 2021 at 10:39
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Cryptocurrency Market Analysis: 5 Biggest Losers of February, 2021
It looks like February was a bullish month for most of the top 100 cryptocurrencies in the market. In the past 30 days, out of 100 top coins, there are just 3 cryptocurrencies that are trading in red – meaning the rest are all in green (they did not decline in price). Let’s analyze the 5 biggest losers among the top 100 digital currencies in the industry.
Cryptocurrency Mining on the African Continent: Challenges and Opportunities
Dec 08, 2020 at 14:42
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Cryptocurrency Mining on the African Continent: Challenges and Opportunities
It is more than 10 years since the first cryptocurrency appeared on earth. The emergence of crypto attracted varied reactions from the different countries of the world. Africa, the second-largest continent is especially lagging in crypto trading and mining. What challenges and opportunities lie on the way of crypto mining growth in Africa?
Cryptocurrency Could Have Prevented the Killing of George Floyd
Jun 08, 2020 at 10:07
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Cryptocurrency Could Have Prevented the Killing of George Floyd
Last month (May 25, 2020), a US white policeman Derek Chauvin killed a 46-year-old black man George Floyd from Minneapolis, Minnesota, after the victim was suspected of using a fake currency of $20 USD bill to purchase a cigarette at one of the shops in the area. If the digital payments services such as credit cards, mobile money, cryptocurrencies, Bitcoin, were in place, George wouldn’t have died.
Digital Currencies Threaten USD Dominance of Global Financial System
May 25, 2020 at 09:55
News
Digital Currencies Threaten USD Dominance of Global Financial System
It is indisputable, the dollar is considered the “global currency” due to its wide usage in global savings, trading key commodities such as oil and issuance and settlement of debts. This might not be the case anymore with the massive disruptions brought about by digital currencies.
Bitcoin Falls Back to $8,800, a Short-term Retreat is Possible
May 02, 2020 at 11:23
News
Bitcoin Falls Back to $8,800, a Short-term Retreat is Possible
The cryptocurrency market has continued its upward trend. Bitcoin is closing the week at the level of around $8,800 after it had hit the high of $9,400 and then retrieved below the $9,000 mark.
Bitcoin May Be Preparing for Another Massive Bull Run
Apr 27, 2020 at 14:32
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Bitcoin May Be Preparing for Another Massive Bull Run
In the past 24 hours, Bitcoin (BTC), the market's number one digital currency, has continued to increase slightly, changing hands at around $7,788. Bitcoin may be preparing for another massive bull run like that happened sometime back.
Stablecoins Don’t Affect Prices of Other Digital Currencies
Apr 24, 2020 at 13:35
News
Stablecoins Don’t Affect Prices of Other Digital Currencies
A study has been published showing that issuing stablecoins such as Tether and Circle’s USD Coin (USDC), don’t cause the prices of other digital currencies like Ether, Ripple, etc. to surge. So far, there have been few sentiments in the cryptoasset industry that the connection between stablecoin issuance and digital currency price is large.
US Democrats Want to Create a Digital Dollar to Withstand the COVID-19 Crisis
Mar 26, 2020 at 10:44
News
US Democrats Want to Create a Digital Dollar to Withstand the COVID-19 Crisis
Recently, the US Democrats in the house of Representatives proposed two bills both leading to the creation of a digital version of the USD. The Dems say the bill is meant to empower personal income during the raging COVID-19 Crisis.
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