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This year and most recently, Bitcoin has made several headlines in mainstream media as the largest crypto asset rallies to set a new all-time high. Despite the March 12 global market sell-off which saw Bitcoin lost over half of its value, trading around the $3k neighborhood, the digital asset…
Starting with France, more than 40 countries have allegedly proposed a state-backed digital currency (CBDC) to lead the era of a cashless economy.  Unlike Bitcoin that is completely decentralized, CBDCs are centralized digital currencies and will be prone to central control brewing a lot of privacy concerns.  A robust…
Grayscale, the world’s largest crypto asset manager, recently gained approval from the United States Security and Exchange Commission (SEC) for Grayscale Ethereum Trust to become the first publicly quoted ETH investment product to go live. Image source: bitrazzi This was confirmed on the Grayscale official website: “Grayscale Investments®, the…
A stablecoin is a type of cryptocurrency that has relatively low market fluctuations. Stablecoins achieve stability by backing up each coin with a stable asset like USD dollar. In the highly volatile cryptocurrency market, stablecoins provide much-needed stability to investors. The significance of stablecoin became even more evident after…
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