Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.
20 Dec 2021 1 minute read 0 comments Yugocean
India's central bank had called for a complete ban on cryptocurrencies in meeting of board of directors,; however, the government overlooked this demand due to the large number of cryptocurrency consumers and strong demand by industry to legalize i...
22 Nov 2021 1 minute read 0 comments Yugocean
Nayib Bukele's government is now building Bitcoin City. This is new step of BTC development in El SalvadorFor this new plan, Bukele has issued bitcoin bonds worth $1 billion. (issuance of bitcoin bonds is a unique initiative in itself).In this new Bi...
10 Nov 2021 1 minute read 1 comment Yugocean
The market value of cryptocurrencies is above $3 Trillion, which is more than the GDP of countries like India, UK, France. The Bitcoin, emperor of the cryptocurrencies is enjoying the market cap of above $1 trillion. The growing cryptocurrency market...
8 Nov 2021 1 minute read 1 comment Yugocean
Most of the fiat-based stablecoins are based on UDS, with only a few being used extensively in trades. Here I am informing about 5 good but less popular USD based Stablecoins - Stable USD (USDS) It is issued by Stable Corporation, a financial techno...
6 Nov 2021 1 minute read 2 comments Yugocean
There are many cryptos of the same name in the cryptocurrency market. An investor or trader can also get confused while searching for or using a particular crypto around this name. Yesterday, while searching for a crypto $SUPER, I found thre...
4 Nov 2021 1 minute read 1 comment Yugocean
A stablecoin, true to the name, is a stablecoin; it is based on the mirror image of a real-world fiat currency.Most of the stablecoins are based on United States Dollar (USD), like USDT, USDC, DAI, USDP. Even multiple exchange platforms have USD base...
