With Bitcoin and its smaller siblings gaining so much momentum in 2017, governments and central banks now have little choice but to acknowledge that cryptocurrencies are here to stay. Volatility is still a major setback, especially with Bitcoin, which has swung by $8,000 in just seven days. Of banks and cryptocurrency, Peter Smith, CEO of Blockchain, told CNBC in an interview last week: This year will be the first year we start to see central
Tag Archive: Stablecoins
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MakerDAO has been working towards creating a cryptocurrency that will support a stable, decentralized digital global economy. The result is Dai, the first fully-decentralized stablecoin on Ethereum. MakerDAO was formed three years ago with a big vision of creating a stable, decentralized digital global economy. It has worked its way out of the grassroots to finally launch Dai, a promising cryptocurrency that promises stability in currency valuation. Understanding Dai’s Valuation Dai is currently worth 1 USD.
Altcoin News, Altcoins, News, News teaser
Trading cryptocurrencies can be a wild ride, and it is definitely not for the faint-hearted. There is no regulation, no protection, and no safety net, but for many, this is the appeal. However, what if there was a coin that had the best of both worlds: some stability and regulation but all of the technical advantages of the blockchain network? The concept of a stablecoin is one that has real world value in either fiat
Altcoin News, Altcoins
After raising an initial $150,000 USD, Minex continues its ICO until the end of December. Between now and the close of the crowdsale, the team has distributed a list of “4 reasons to join the MineCoin ICO this week.” Disclaimer: This article is sponsored by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and or services. ‘MineCoin Can Be Used to