Cryptocurrencies like Bitcoin have captured the imagination of many, but if you’re new to this buzzy world, terms like blockchains and cold wallets can be confusing. Moreover, cryptocurrencies are volatile assets that can lose value as quickly as they spike up. This volatility can be a major hazard to new users who are looking to invest. Scammers have also abused the popularity of cryptocurrencies to make money, promoting schemes such as ‘rug pulls’ and ‘pump and dump’.
With all this uncertainty, it’s important to keep up-to-date on cryptocurrency news so you can stay ahead of the curve. We’ve rounded up the most relevant and interesting cryptocurrency news to help you stay informed about the latest trends in the space.
Founded in 2012, Bitcoin Magazine shares expert commentary on all things crypto, including breaking news about the Bitcoin ecosystem and in-depth research reports. Its recently launched subscription service lets you earn cryptocurrency rewards by staking the digital currency ACS.
Stablecoins are a form of cryptocurrency that attempts to be more stable in price than other cryptocurrencies, by being backed by existing assets. However, high profile price collapses have raised concerns over their stability. A new bill would regulate stablecoins and open the door to central bank digital currencies (CBDC) – something critics say could lead to a cashless society controlled by governments. PANews reports that US Congresswoman Marjorie Taylor Greene is concerned that the GENIUS stablecoin bill could serve as a backdoor for this.
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