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Unlike other cryptocurrencies, stablecoins aim to maintain their worth better by being redeemable for something else of tangible value
A mere 5 per cent of the respondents saw India as a leader in blockchain currently, which is expected to remain largely unchanged in the next few years
Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index's decline since November 16 to 23 per cent
Bitcoin's price has tumbled to near $4,000, down 30 per cent in a month, 50 per cent in six months and almost 80 per cent since December
By mid-afternoon, it was trading around $4,750 on the Bitstamp exchange