Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes as well. In fact, cryptocurrencies that claim to be […]
The post 5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums appeared first on Bitcoin News.
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Digix adds quarterly dissolution project to its DigixDAO platform
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Every day, the cryptocurrency space sees new and exciting developments and progress. One particular area that has seen heightened exposure of late is the stablecoin. Stablecoins play an interesting role in decoupling blockchain utility from market volatility, and it’s likely that the niche will serve a vital role in the public adoption of cryptocurrency. Stablecoins, as the name suggests, represent a category of cryptocurrencies that are not subject to price volatility. They are stable in nature, and this stability typically comes from the backing of some alternative value. Perhaps the most prominent example of a stablecoin is Tether (USDT), which, of course, maintains a value equal
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Picking a winner in this year’s crypto markets has been a tough task. With assets deprecated across the board, even the best performing coins are in the red. To put it more accurately then, these are the least worst performing cryptocurrencies of 2018. Also read: Eight Ways to Profit in a Crypto Bear Market None of […]
The post These Are the Best Performing Cryptocurrencies of 2018 appeared first on Bitcoin News.
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It seems the DigixDAO price is not done just yet. Whereas its bullish momentum began forming a few days ago, most people assume a price retrace would set in soon enough. So far, that has not happened in the slightest, as the DigixDAO price simply keeps rising to new heights in quick succession. It is a remarkable trend, yet it shows good money can be made in cryptocurrency when the going gets tough. DigixDAO Price Rise Continues Unabated It is quite remarkable to see how far the DigixDAO price has come over the past few days. Although most people see
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With the weekend behind us, it appears most cryptocurrency markets will slowly start recovering lost value again. So far, nothing in the top twenty stands out exactly, but further down the list, we see the DigixDAO price ramp up pretty quickly. With a current value of $417.27, the DigixDAO price has reached a new all-time high. DigixDAO Price is Surging Hard It is quite interesting to see how far some of the older cryptocurrency projects have come in the past few months. While most people have seemingly paid little attention to the DigixDAO project, even though it has a lot
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After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, only 28 have seen USD gains of 1% or more. While a majority of these coins consist of undocumented market caps, as well as coins with negligible volume and market cap, a top performing member of this group is
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Finding a stable store of value in the cryptocurrency world is a lot more difficult than most people believe. Most cryptocurrencies are inherently volatile, yet efforts are underway to combine the best of cryptocurrency with stable assets. The DigixDAO is a very interesting project in this regard, as it is a Distributed Autonomous Organization which resides on the Ethereum blockchain. There is a lot to this project; that much is evident. Why Does DigixDAO Exist? The concept of a distributed autonomous organization doesn’t have the best of track records. This became incredibly apparent once The DAO got hacked several times and
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