A New Stablecoin Backed Up by the US Dollar Has Launched

Stablecoins, cryptocurrencies tied to fiat ones, are still very much in trend. More and more crypto exchanges list tokenized dollars and pounds, and the new coins emerge quite often.

This time was no exception to the rule. A crypto startup Stably has come out with its own USD-pegged stablecoin called StableUSD.

The blog post states:

StableUSD will utilize a proven centralized model to fully back every token issued with an equivalent unit of US Dollars held in escrow accounts managed by a regulated trustee.”

Hopefully, this stablecoin will stay truly stable, unlike its predecessors. We remind you:

Roger Ver: Stablecoins Aren’t Stable

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Cryptocurrency Prices Today, March 22: Cryptocurrencies Slightly Moved to the Red Zone

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) lost 0.64% in the past 24 hours. The price at the time of writing is $4004 per coin.

Cryptocurrencies are showing a slight decrease:

Bitcoin Cash lost 3%, Bitcoin SV dropped by 0.8%, the value of the coins is $153 and $65, respectively;

Ripple fell by 1.7% and costs $0.31;

EOS lost 2.7%, and its price is $3.61;

Litecoin decreased by 1.9%, and its value is $58;

Cardano added 4.2%, and its cost is $0.056;

Stellar dropped by 3.4% and costs $0.10;

IOTA grew by 3.4%, and its cost $0.30;

Dash became cheaper by 2%, and its price is $90;

Monero fell by 3% and costs $53.

Over the past 24 hours, Ethereum lost 1.8%. The exchange rate of the coin is $136.

The total market capitalization is $139 billion. Bitcoin accounts for 50.9% of the total volume. In monetary terms, this is $71 billion.

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Cryptocurrency Prices Today, March 20: Cryptocurrencies Are Slightly Moving To The Red Zone

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Rate

According to the Coin360 online platform, Bitcoin (BTC) has remained stable over the past 24 hours and added 0.11%. The price at the time of writing is $3980 per coin.

Cryptocurrencies are mostly decreased:

Bitcoin Cash dropped by 1.42%, Bitcoin SV has lost 0.33%, the value of coins is $155 and $65, respectively;

Ripple fell down by 0.9% and costs $0.31;

EOS minus 1.66% and its price is $3.66;

Litecoin decreased by 0.4% and its price is $59;

Cardano added 3.28% and its value is $0.051;

Stellar dropped by 2.9% and costs $0.11;

IOTA minus 0.5% and its cost is $0.29;

Dash increased by 0.75% and its price is $91;

Monero added 2.6% and costs $53;

Over the past 24 hours, Ethereum has lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.9% of the total. In monetary terms, this is $71 billion.

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Cryptocurrency Prices Today, March 19: Bitcoin Remains in Place

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) remained stable over the past 24 hours and lost 0.08%. The price at the time of writing is $3982 per coin.

Cryptocurrencies are mostly in the green zone:

Bitcoin Cash added 0.75%, Bitcoin SV lost 1.84%, the value of coins is $157 and $65, respectively;

Ripple minus 1.78% and costs $0.31;

EOS plus 0.13%, and its price is $3.7;

Litecoin added 0.3%, and its value is $59;

Cardano dropped by 0.65%, and its cost is $0.049;

Stellar added 6.7% and costs $0.11;

IOTA gained  1.7%, and its cost $0.29;

Dash fell by  1.36%, and its price is $91;

Monero added 1.25% and costs $52

Over the past 24 hours, Ethereum lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.8% of the total volume. In monetary terms, this is $71 billion.

Cryptocurrency Prices Today, March 15: Cryptocurrencies Are Rising in Price

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) added 0.48% in the past 24 hours. Price at the time of writing is $3888 per coin.

Cryptocurrencies moved to the green zone:

Bitcoin Cash added 3%, Bitcoin SV gained 1%, the cost of the coins is $133 and $65, respectively;

Ripple grew by 0.25% and costs $0.31;

EOS increased by 1.3%, and its price is $3.6;

Litecoin added 1.9%, and its value rose to $56;

Cardano grew by 7.6%, and its cost is $0.049;

Stellar lost 2.6% and costs $0.10;

IOTA added 2.9%, and its value is $0.29;

Dash increased by 2.5% and its price $89;

Monero gained 0.4% and costs $51.

Over the past 24 hours, Ethereum became more expensive by 1.3%. The rate of the coin is $133.

The total market capitalization is $135 billion. Bitcoin accounts for 50.9% of the total volume. In monetary terms, this is $69 billion.

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Cryptocurrency Prices Today, March 14: Cryptocurrencies Are Stable

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: cryptocurrency rate

According to the Coin360 online platform, Bitcoin (BTC) remains stable over the past 24 hours and has lost only 0.43% in price. The price at the time of writing is $3863 per coin.

Cryptocurrencies have not changed significantly in price:

Bitcoin Cash added 2.9%, Bitcoin SV lost 0.9%, the value of coins was $129 and $65, respectively;

Ripple dropped by 0.2% and costs $0.31;

EOS grew by 1.4% and its price is $3.57;

Litecoin increased by 1.75% and its price is $55;

Cardano lost 1.25% and its value is $0.046;

Stellar added 6.4% and costs $0.10;

IOTA has become more expensive by 1.4% and its cost is $0.28;

Dash decreased by 3.9% and its price is $87;

Monero added 1.9% and costs $51.

Over the past 24 hours, Ethereum has lost 1.56%. The rate of the coin is $131.

The total market capitalization is $134 billion. Bitcoin’s share is 51.1% of the total. In monetary terms, it is $68 billion.

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Alibaba Group Won Its Right To Solely Use “Alibaba” Logo, Alibabacoin Agrees To Change Its Name To ABBC

The controversy between Chinese e-commerce giant Alibaba and Dubai-based crypto firm Alibabacoin had begun long time ago and, finally, this week it has come to end. Two firms settled an agreement, according to which, Alibaba Foundation has to change its name to ABBC Foundation.

Alibaba filed lawsuit to the US court

The dispute started when Dubai crypto firm had conducted a successful initial coin offering (ICO) under the name of Alibaba. The Chinese company immediately filed a lawsuit to the US Manhattan court. However, the later did not accept charges that were put against Alibaba Foundation.

That time Alibabacoin claimed that this name is commonly used in Arabic countries, thereby no one possesses it individually, and it does not belong to any entity. Moreover, Alibaba Foundation stated that there were no grounds to confuse Alibaba customers, since China imposed a ban on ICO in the country.

The representatives of Alibaba Group said that when Alibabacoin was promoting its coin, the customers might think that it was connected to Alibaba Group.

Agreement between two sides

Finally, this controversy came to end. The Alibabacoin Foundation agreed to change its name to ABBC coin, the company expressed its regret considering any public confusion that had arose from its previous name Alibabacoin. The statement reads:

“Alibaba Group Holdings Ltd. (Alibaba) and ABBC Blockchain IT Solutions LLC (ABBC) today announced that they had reached a worldwide settlement of claims involving use of the name ALIBABACOIN, with ABBC agreeing not to use trademarks that include the term ALIBABA worldwide.”

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