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It’s an intense crypto dogfight as dogecoin (DOGE) and shiba inu (SHIB), two of the most popular meme coins, battle it out for the ninth spot on the list of top digital assets by market capitalization. Some traders are profiting from the action by taking spread trades.

Cryptocurrencies, utility tokens, security tokens, privacy tokens… digital assets and their classifications are multiplying and evolving right alongside cryptographic and blockchaintechnology. Non-fungible tokens (NFTs) are one of the fastest-growing sectors in the crypto industry. In this guide, we explore what they are, how they work, and how they're being used.

By Scott Chipolina Senator Rand Paul (R-Ky) has been amazed at the growth of cryptocurrencies, and wonders if crypto could one day act as a global reserve currency. Senator Rand Paul (R-Ky) believes cryptocurrencymay become the reserve currency of the world in the future, according to an interview that aired last weekend.  “I’ve started to question whether or not cryptocurrency could actually become the reserve currency of the world as more and more people lose confidence in government,” Paul told Axios.  This is not the first time the senator from Kentucky has made crypto-related headlines.  In 2015, the then-presidential hopeful said he would accept Bitcoin donations for his campaign—a move that has only recently started gaining traction across the American political aisle. Paul, a libertarian,...

The parody cryptocurrency shiba inu coin just climbed to an all-time high and is one of the biggest digital currencies by market value. Shiba coin — which appears to be inspired by dogecoin, itself a meme currency — is up more than 40% over the last seven days, according to CoinGecko. The website ranks the coin as the 11th biggest cryptocurrency. The token has gained more than 45 million percent in the past year, the site indicated. It later fell about 10% from its all-time high after Tesla CEO Elon Musk — who is a big fan of dogecoin — tweeted that he does not own any shiba coin. Musk's tweets have frequently moved crypto markets. Like another quirky digital currency Dogecoin — which is the...

“You wouldn’t need stablecoins; you wouldn’t need cryptocurrencies, if you had a digital U.S. currency,” Powell said. “I think that’s one of the stronger arguments in its favor.”