![Stablecoins, a type of cryptocurrency often backed by traditional assets such as fiat money, leapt onto policymakers' agendas last year when Facebook revealed plans for its Libra token [Dado Ruvic/Illustration/Reuters]](/wp-content/uploads/2020/05/5d1b35080382400ebb51a2069dd8be1d_18.jpeg?resize=570%2C380)
Major EU states are asking for strict regulation of asset-backed cryptocurrencies.
Crypto
![Instead of just passively consuming, tech giants and others are adjusting their operations hour by hour to access the cheapest, and in some cases cleanest, power [File: Bloomberg]](/wp-content/uploads/2020/09/0ceca30cda0f4d788cb3d066a398e040_18.jpeg?resize=570%2C380)
Recently, when power prices in Texas topped $200 a megawatt-hour, Layer1 reaped returns of 700%, says its founder.
![Report by Chainanalysis found that the stablecoin Tether that is pegged to the US dollar accounted for $18bn in cryptoassets that left East Asia last year [File: Bloomberg]](/wp-content/uploads/2020/08/386a205fd4a3473ca1d6a2a3c6baf27d_18.jpeg?resize=570%2C380)
Report may indicate investors could be using stablecoin Tether to dodge rules to limit capital flight...
![Bitcoin, which crypto fans have often touted as 'digital gold', had been hovering near its 50-day moving average for weeks before pulling above it in the past couple of days [File: Bloomberg]](/wp-content/uploads/2020/07/0ea17dc5baee43f58808159170fbf5ac_18.jpeg?resize=570%2C380)
Gains quickly fizzle, then the coin rallies again, climbing 4.7 percent to $10,357 as of 10:11am in...
![Should the US Securities and Exchange Commission greenlight Coinbase's listing it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement [File: Mike Segar/Reuters]](/wp-content/uploads/2020/07/ab48aa8f118c4c08b2dc733ab663dc99_18.jpeg?resize=270%2C180)
The move would make Coinbase the first major US cryptocurrency exchange to go public, sources tell Reuters.
![Bitcoin has flirted with $10,000 since May, failing to sustain a rally above that level after the closely watched 'halving' industry event that reduced the amount of the cryptocurrency earned by so-called miners that process transactions [File: Bloomberg]](/wp-content/uploads/2020/06/d220e979cfdd4286a1378ee052cf8714_18.jpeg?resize=270%2C180)
For the first time since the end of April, the token dipped below its 50-day moving average.
![Facebook's Calibra blockchain division, which was being confused with its Libra cryptocurrency, is now called Novi - a combination of two Latin words: novus, meaning 'new,' and via, meaning 'way', Facebook said in a blog post on Tuesday [File: Dado Ruvic/Illustration/Reuters]](/wp-content/uploads/2020/05/5d1b35080382400ebb51a2069dd8be1d_18.jpeg?resize=270%2C180)
Facebook renames its blockchain division that was being confused with the Libra cryptocurrency.
![Halving is an intentional feature programmed into Bitcoin to control inflation [File: Luke MacGregor/Bloomberg]](/wp-content/uploads/2020/03/a15616a4d9634b8f95b3e1727cb2a000_18.jpeg?resize=270%2C180)
The price of the largest digital token plummeted on speculation its anonymous creator moved coins mined in early 2009.
![Following a run-up last week, bitcoin tumbled over the weekend, declining about 13 precent to around $8,675. It rebounded to about $8,840 as of 10am in New York trading on Monday [File: Bloomberg]](/wp-content/uploads/2020/05/65d3b59de0ef47ebaa2eef3f20862e0c_18.jpeg?resize=270%2C180)
The rewards bitcoin miners receive for verifying transactions could be cut in half as early as today.
Bitcoin halvings that happen about once every four years cut the rewards miners receive for processing transactions.
![Gains in Asian stocks on Friday followed a positive session on Wall Street that was lifted by better-than-expected corporate earnings [File: Kiyoshi Ota/Bloomberg]](/wp-content/uploads/2020/05/1fb20522a1b444feacf9fed0a54fa1ab_18.jpeg?resize=270%2C180)
US-China trade talks, corporate earnings give shares a boost despite expectations of more bad US employment data.
![The internet is glutted with second-by-second countdown clocks of bitcoin's upcoming halving on May 12, and the mania is even spurring a hike in hiring by crypto firms worldwide [File: Bloomberg]](/wp-content/uploads/2020/05/8a390fbae96647f0a96ba8cdbcb993a1_18.jpeg?resize=270%2C180)
Bitcoin halvings, which slow down the rate at which new tokens are created, happen once every four years or so.
![Monday's rout extends the recent crypto selloff into a second week and comes as stock gauges globally plunge into bear markets amid the coronavirus crisis [Bloomberg]](/wp-content/uploads/2019/12/e104321117cf44a2ae59ce3acca17cc9_18.jpeg?resize=270%2C180)
Bitcoin loses ground for fourth straight day, falling as much as 18 percent on Monday.
![Bitcoin has lost more than 30 percent of its value in the past five days, outpacing sharp losses for assets from stocks to oil as the coronavirus pandemic wreaks havoc on the daily life of millions [File: Dado Ruvic/Reuters]](/wp-content/uploads/2020/03/2ba91ca631614b48a7cfbd8e69bf4f9d_18.jpeg?resize=270%2C180)
The world’s most valuable cryptocurrency is being sold off along with most other asset classes amid market turmoil.