stablecoins vs Bitcoin Archives

Bitcoin Dominance Surpasses 50% as Cryptocurrency Market Evolves.

24Jun

By OLAJIDE SAMUELNo Comments

Bitcoin

Bitcoin Dominance Surpasses 50% as Cryptocurrency Market Evolves.

In a significant milestone for the cryptocurrency market, Bitcoin dominance has officially surpassed 50%, reflecting the growing influence and resilience of the world's largest cryptocurrency. This achievement marks a turning point in the ever-evolving landscape of digital currencies as Bitcoin consolidates its position as the leader amid a diverse range of alternative cryptocurrencies. With Bitcoin Magazine breaking the news, the milestone underscores Bitcoin's enduring appeal and serves as a testament to its longevity and market acceptance. Read Also: Potential Synergy between Bitcoin and Shiba Inu (SHIB) Sparks Speculation of Explosive Growth https://twitter.com/BitcoinMagazine/status/1672341650188713985 Bitcoin Dominance Reaches New Heights Bitcoin, the pioneering digital curre...

SEC Grants Approval for Launch of First Leveraged Bitcoin Futures ETF in the United States

In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has approved the launch of the first-ever leveraged Bitcoin futures exchange-traded fund (ETF) in the United States. The announcement, shared by Bitcoin Magazine via Twitter, marks a milestone for both the cryptocurrency and traditional finance sectors as investors gain access to new avenues for Bitcoin exposure. Read Also: Binance Empowers Global Law Enforcement with Cybercrime Combat Training in Kazakhstan https://twitter.com/BitcoinMagazine/status/1672282268495392768 SEC Agrees to The Leveraged Bitcoin Futures ETF The SEC's decision to greenlight the leveraged Bitcoin futures ETF reflects a growing acceptance and recognition of cryptocurrencies within the regulatory fr...

Stablecoins vs Bitcoin: Are They The same?

The world of cryptocurrency has grown tremendously in the last decade, with Bitcoin being the most well-known and widely used cryptocurrency. However, in recent years, there has been a rise in the popularity of stablecoins, which have been hailed as a more stable alternative to Bitcoin. This article will compare stablecoins and Bitcoin, looking at their similarities, differences, and their use cases. What are Stablecoins? Stablecoins are a type of cryptocurrency that is designed to maintain a stable value relative to a particular asset or basket of assets. The most commonly used asset is the US dollar, although some stablecoins are pegged to other currencies such as the euro or yen. Some stablecoins are pegged to commodities such as gold. Stablecoins are designed to be less volatile t...