📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $44,320
Bitcoin price has touched as high as $45,113 today, as price convincingly breaks through and holds the $44,000 level.
Top-20 altcoins have cooled off from their multi-day rally, as Ethereum remains unchanged, BNB falls less than 1% and Cardano sees a 6% correction.
Top Stories for March 25, 2022 🔥
👉 Bipartisan Crypto Bill In Development By Senators Lummis & Gillibrand
Pro-crypto US Senator Cynthia Lummis is working alongside Senator Kirsten Gillibrand from New York on a crypto regulatory framework.
Gillibrand and Lummis are performing an in-depth review of the industry, working on a framework that will involve the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC).
Both senators share a common goal of addressing crypto market safety, consumer protection and certainty for markets.
👉 Exxon Tests Crypto Mining Using Wasted Flare Gas
Energy giant Exxon is reportedly running a pilot program in North Dakota, using wasted natural gas to power crypto mining operations on-site.
The project was launched in January 2021 and appears to have been hailed a success – with similar operations now planned for several other countries across the world. The program utilizes gas that would have been burned off otherwise, while contributing to cryptocurrency networks.
👉 Terra’s Anchor Protocol To Adjust Interest Rates On Monthly Basis
Terra blockchain’s Anchor protocol has passed a proposal which will adjust interest rates on a monthly basis, by 1.5% per adjustment. The periodic adjustments are designed to make the protocol more sustainable, with Anchor previously paying up to 20% annually to UST stablecoin depositors.
Whether the adjustment is an overall increase or decrease depends solely on the movement of the protocol’s yield reserves.