Tether

Bitcoin has remained relatively stable over the past 24 hours of trading only moving a small -0.1%. The cryptocurrency king is currently trading at a price around $6583, at the time of writing, after seeing a +3.98% price hike over the past 7 trading days.  

The famous Bitcoin proponent and billionaire investor Mike Novogratz has criticised the stable-coin U.S. Dollar Tether (USDT) for failing to provide a Crypto industry optimist Mike Novogratz has blamed Tether for dwindling trader confidence. He also responded to "Dr Doom's" criticisms.

Elements Group agency: Bitfinex does its best to save Tether’s USD peg

Amidst speculation about the future of Tether, the biggest holders of USDT have been revealed. Data from Element Group shows that Binance and Huobi both currently hold more Tether than Bitfinex, the company behind the top stablecoin.

Leading crypto exchange Binance is currently looking into an expansion of its stablecoin offering. The exchange, which currently offers trading of Tether along with two other stablecoins, is now hoping to list "a few more".

What is happenening in cryptocurrency circles around the world? Here we will provide all the important weekly news from South America.

Bitcoin without the energy consumption for the long term survival of life on this planet. Bitcoin but better…

Crypto exchange Gemini has appointed former Citadel and Goldman Sachs employee Esther Babb as its new director of business development.

According to a lot of research groups, Bitfinex and Tether have reportedly been “partners in crime” in a lot of malicious activity that has surrounded either the exchange or the stablecoin. The ugly relationship seems to be surfacing again as a recent research released by Elements Group suggests that Bitfinex...

Tether Limited, a government registered company that is responsible for the issuance of Tether USDT, has withdrawn almost 25 percent of all USDT from circulation. The number of USDT has fallen from…

Billionaire investor and entrepreneur, as well as one of the most vocal cryptocurrency advocates  Mike Novogratz,  has said Tether’s lack of transparency is the leading reason behind the stablecoin’s recent troubles, Bloomberg reports.

Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg.

Der Tether-Krimi geht weiter: Schaukelt Bitfinex einen 2-Milliarden-Dollar-Schatz von Bank zu Bank, wie auf der Flucht – oder existiert das Geld gar nicht? Während die Börse ein neues Bankkon…

Welcome Vaultorians, to another update on the weekly movements of Bitcoin and gold. BTC/USD - Bitcoin Gets Untethered Bitcoin is currently trading at $6,395. Events this week have been dominated by uncertainty around Tether, and you may notice I have switched to chart the Bitstamp version, which is

FOREWORDWhile the crypto market, as measured by total market capitalization, further declined in Q3 2018, we have witnessed some signs of stabilization in the second half of September.Liquidity remained low through the quarter and only some positive news related to individual crypto assets caused an increase in trading volumes of...

FOMO Moments More declines as we approach the weekend; Bitcoin Cash, Iota and Tezos sliding. The lassitude continues as we end another week in crypto

Bitcoin Price Key Highlights Bitcoin price appears to be turning from the resistance at the top of its descending triangle on the 4-hour chart. Price Bitcoin price seems to be having trouble sustaining its earlier climb as the top of the descending triangle is holding as resistance.

In view of recent customer demand, Huobi has upgraded Huobi Wallet, our professional multi-chain light wallet, to support six additional…

Binance sees stablecoins like tether, and potentially the Gemini Dollar, as "critical for our ecosystem," the exchange's chief financial officer says.

Bitfinex’ed stated in an interview that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services.

Users willing to mine cryptocurrencies using their Android phones get fooled by an app that is designed to show only ads.

In 2014, we saw the birth of tether, with the aim of tackling price volatility. Upon its release, the current tether controversy was about as far from our minds as could be.

CoinCola is a crypto exchange which offers both OTC (over-the-counter) trading and coin-to-coin pair trading and has now partnered with dash.

Bitfinex and Tether recently announced new banking partnerships in Hong Kong and the Bahamas, respectively.

After discovering the connection between Bitcoin and Tether, Texas finance professor John Griffin wants to expose “the fruitless deeds of darkness.”

Digital currencies have lost their lustre in 2018, with valuations plummeting after last year's cryptomania – but there's a new kid on the block: the stablecoin. Stablecoins are usually pegged to a hard or 'fiat' currency such as the US dollar.

Whalepool, a community of day traders recently posted on Twitter that there isn’t a single dollar-backed stablecoin that has provided their complete audit, including TrueUSD, Gemini Dollar, Paxos, and Circle’s USDC, AMBCrypto reports.

Tether’s market cap has fallen close to its lowest level for the year, down from $2.8 billion to now circa $2.1 billion in the biggest drop it has ever seen....

Recently, Whalepool, a community of day traders posted on Twitter that not a single US Dollar backed stablecoin provided their complete audits which included TrueUSD [TUSD], Gemini [GUSD], Paxos [PAX], and Circle [USDC]. The stablecoin platforms were accused of only providing attestations which proved their reserves but there was no proof of a...

Tether and its USDT token have caused some panic on the market leading to a large dumping of the coin. This made the price of Bitcoin go up with 4%.

FOMO Moments Sideways trading for another day; Stellar and Neo slowly moving up, 0x dropping back. Crypto markets are slowly losing ground as gains made

Bitcoin recently consolidated inside a pennant or symmetrical triangle pattern just above an area of interest.

As Tether faces credibility issues in the cryptocurrency market, holders are taking a 5 percent haircut as they exchange the stable coin for other cryptocurrencies, including Bitcoin, on the Bitfinex exchange. The increased fear that each token issued may not be backed by one U.S. Dollar has resulted in a premium...

Stablecoins, which are tokens on the blockchain pegged to stable assets like gold or fiat currencies like US dollars, provide a convenient way for avoiding risks in this extremely volatile crypto world and transferring values between different crypto exchanges.Among all stablecoins, the most successful one is USDT. Pegged to

The stablecoin from Goldman Sachs-backed cryptocurrency firm Circle has clocked some impressive growth numbers since its launch three weeks ago.

A spokesperson for HBUS says the exchange has seen a massive increase in USDT/TUSD trading this week after tether broke the proverbial buck.

Listen to the 16 October 2018 BitcoinNews.com Daily Podcast below. On this edition of the BitcoinNews.com Daily Podcast, we discuss how Bitfinex has implemented a distributed banking solution for fiat deposits, and how other stablecoins have risen above parity with the USD due to Tether falling below parity. Learn about the...

The USD Tether [USDT] saga continues to unfold along with exchange platform Bitfinex, as fiat deposits to their exchange are becoming increasingly arcane. While this is not an uncommon occurrence for the exchange, the platform has recently come under flak for multiple problems with the supposed ‘stable coin’. The exchange...

Cryptocurrency exchange OKEx announced the listing of four new stablecoins on its platform — including TrueUSD, Paxos, USD//Coin, and Gemini Dollar.

The Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins' month-old stablecoin. Its volume surged when tether's peg broke.