Stablecoins Must Be Backed By Cash, Says Pro Crypto Senator Cynthia Lummis

Cynthia Lummis – Republican Senator and ardent crypto supporter – is showing caution around stablecoins. She recently said that they need to be cash-backed and regularly audited. Ensuring Proper Stablecoin…

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Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’

President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world”…

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Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021

The eerie deja vu scenario can see Ethereum hit $13,000 within six months if history repeats.

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Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners

The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing…

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