Cryptocurrency meltdown is wake-up call for many, including Congress – PBS NewsHour

NEW YORK (AP) — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled.

When the stablecoin TerraUSD imploded last month, an est…….

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Cryptocurrency markets in red again; Bitcoin, Ethereum nosedive – Business Today

Cryptocurrency markets have slipped in the last 24 hours. The global market cap is down by 0.46 per cent in the last 24 hours and is at $1.26 trillion as of 7:30 AM IST, CoinMarketCap data showed.

Bitcoin is down by 0.20 per cent and is trading at $29,663.

Ethereum also showed major downtrend and is at $ 1,946 after sliding 1.48 per cent.

The USDT Tether showed no change…….

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Cryptocurrency executive order – Spectrum News

GREENSBORO, N.C. — Interest in cryptocurrency doesn’t seem to be going anywhere any time soon, especially after President Joe Biden signed an order calling for more research on it. Triad residents, like many others, have their eyes on digital currencies, and a professor and a hobbyist weigh in with their thoughts on tech money and its popularity. 

Biden signed an executive orde…….

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Why the cryptocurrency community is celebrating Biden’s executive order – The Verge

The White House’s plan for digital asset regulation is here, and though the order doesn’t say much, cryptocurrency advocates are treating it as a win. Maybe that was inevitable, after a great deal of Twitter FUD (investor-speak for fear, uncertainty, doubt) about what the order would contain. The actual text, despite being a bit vague, is nonetheless a positive for the indust…….

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Is It Too Late to Buy This Top Cryptocurrency? – The Motley Fool

Since its public launch in July 2015, Ethereum (CRYPTO:ETH) has generated a monster return of 106,000%, absolutely crushing the broader stock market. The volatile nature of digital assets might scare some people away, but the possibility of life-changing returns means that astute investors shouldn’t ignore the huge potential of this new industry. Whether you decide to invest in cryptocurrencies…….

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