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Thanks to Facebook-based Libra project, “stablecoins”, the latest craze in the cryptocurrency space, have attained great.

Bitcoin price extended the downtrend to $9,250 following the multiple rejections it has suffered at $10,000. The granddaddy of cryptocurrencies is valued at $9,489 amid a recovery push to at least.

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When Facebook unveiled Libra, its cryptocurrency project, there were two distinct entities — the Libra Association, a not-for.