What Are Stablecoins and How Do They Work?

how do stablecoins work

While cryptocurrencies are known for their significant price fluctuations, stablecoins offer a solution by mimicking the value of a fiat currency. This makes them an appealing option for those who seek the benefits of digital assets but without the risk of wild price swings. In this article, we’ll explore the different mechanisms behind stablecoins and … Read more

Bitcoin vs Gold. Future of Bitcoin and Gold

Lately, you might have seen on the news about the funds moving from gold into Bitcoin. Does that mean that the precious metal is weakening and giving way to the first cryptocurrency? Will Bitcoin replace gold as the common safe haven asset?  In short, we can’t say for sure yet. There is strong growth in … Read more

Ethereum 2.0 is Coming. The Future of Ethereum!

On December 1 2020, an event that has been anticipated for the latest several years took place — Ethereum 2.0 went live. Its launch has been rescheduled several times, while the expectations from a new stage of Ethereum development are extremely high.  With all the advances that will be implemented in the network in the … Read more