Category: Altcoin

Stablecoin growth could affect credit markets, rating agency warns

The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned. In a commentary note, the agency explained that coins that are fully backed by safe assets pose a lesser risk for the financial markets. The agency gives USD Coin (USDC),

Crypto Exchange Co-Founder Buying Bitcoin, Ethereum, Solana Plus ‘No Brainer’ Altcoin Amid Market Recalibration

The co-founder of the crypto derivatives exchange Hxro says he’s accumulating several crypto assets during the market downturn. In a new episode of Delta-Fi, Rob Levy says he’s not concerned about nailing the exact bottom of the crypto correction.   As the markets search for direction, Levy says he’s accumulating Bitcoin, Ethereum, the relatively new

Platform Boosting New Altcoin Projects Has Delivered Massive 1,154% Returns to Crypto Holders, According to Binance

Binance says its crypto crowdfunding platforms have earned crypto holders significant gains since their inception. The exchange says Binance Launchpad and Binance Launchpool initially distributed a total of $143 million worth of tokens to crypto holders.   All told, those crypto assets are now worth a total of $934 million, marking 553% worth of gains.

BTC, ETH, UNI, ICP, AAVE

In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25%

A guide to XCH token farming using a hard drive

Chia Network recently entered the cryptocurrency scene and has quickly piqued the interest of many miners and investors. There are several reasons for this: First, the Chia blockchain operates using a novel proof-of-space-and-time (PoST) protocol, which means that proof of the space used and time spent on the task is required to farm the cryptocurrency.