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BITCOIN PRICE: 4,786.51     HIGH: 5,553.37     LOW: 4,694.44

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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: Tether

BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens by the End of 2018

Category: Altcoins, Bitcoin, Blockchain, Business, News, Platform, Tech

BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens by the End of 2018

BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins  currently on the market, including Circle’s USDCoin (USDC), Gemini  Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018. BitGo Targets the 100 Cryptoassets Mark Per sources close to the matter, BitGo…

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Binance Will List Circle And Coinbase’s “Center” Stablecoin

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Binance Will List Circle And Coinbase’s “Center” Stablecoin

Binance, the world’s largest cryptocurrency exchange by daily trade volume announced that it would list the USDC on Friday, November 16 at 10:00 pm Eastern Standard Time (EST). According to the Centre Consortium’s Medium blog post, Binance will open deposits for USDC and will enable trading for two pairs, the USDC/BTC and USDC/BNB. USDC Met With Widespread Adoption As previously…

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Bitcoin Remains Firms Despite China Reiterating Its Warning About Crypto

Category: Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

Bitcoin Remains Firms Despite China Reiterating Its Warning About Crypto

The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. China’s central bank has reportedly reiterated its warning on the use of cryptocurrencies through a newly…

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Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account

Category: Altcoins, Ethereum, Finance, Investment, News, Platform, Tech

Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account

Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves. Headquartered in the Commonwealth of The Bahamas, Deltec released a signed statement confirming the account’s “portfolio cash…

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Tether Burns More than 500 Million USDT

Category: Altcoins, Business, Finance, News

Tether Burns More than 500 Million USDT

Tether, the company that issues the world’s largest stablecoin USDT, announced via Twitter that they redeemed 500 million USDT tokens from the Tether treasury wallet. According to the press release published on October 24, 2018, Tether will leave the remaining 466 million USDT in the wallet to prepare for future USDT issuances. Tether Destroys USDT from Treasury According to Tether,…

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Noble Bank no Longer Profitable, Looking for a Buyer

Category: Altcoins, Business, Exchange, Finance, News, Regulation

Noble Bank no Longer Profitable, Looking for a Buyer

Noble Bank International, the Puerto Rican financial services firm whose clients were some of the biggest names in the cryptocurrency world, is looking for a buyer as it’s no longer profitable. The report from Bloomberg cited an unnamed source October 2, 2018. Seeking a Sale Puerto Rico-based Noble Bank International is reportedly looking for a buyer due to the company’s…

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Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price

Category: Bitcoin, Blockchain, News, Platform, Tech

Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price

A recent academic study by Dr. Wang Chun Wei, a researcher at University of Queensland Business School, concluded that the “kingpin” of stablecoins, Tether (USDT), had no impact on the price of the bitcoin (BTC) during last year’s cryptocurrency bull run. The study provides an interesting perspective on the claims that the USD backed stablecoin was the prime culprit for…

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London Block Exchange to Launch British Pound-Backed Stablecoin

Category: Altcoins, Business, Finance, News

London Block Exchange to Launch British Pound-Backed Stablecoin

London Block Exchange to Launch Cryptocurrency Pegged to British Pound The London Block Exchange (LBX) recently announced plans to launch the LBXPeg, a new stablecoin backed by the British Pound. According to an article published by Business Insider on September 29, 2018, LBX gained permission from their banking partner to move forward with the crypto pound, which will be backed…

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Bitcoin, Ethereum and Litecoin Trading Now Available on Yahoo Finance

Category: Altcoins, Bitcoin, Blockchain, Development, Ethereum, News, Tech

Bitcoin, Ethereum and Litecoin Trading Now Available on Yahoo Finance

Yahoo Finance has quietly integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform, Morgan Creek Digital founder announced in an August 29 tweet. “The Virus Is Spreading” In what many news outlets have described as a big step forward for mainstream crypto adoption, Yahoo Finance has launched a new option allowing its users to buy and…

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Crypto Pumps and Dumps Are Over, but Its Troubles Are Far from Finished

Category: Altcoins, Bitcoin, Business, News

Crypto Pumps and Dumps Are Over, but Its Troubles Are Far from Finished

After Tether faced accusations of propping up Bitcoin prices in 2017, it’s becoming increasingly hard to pump amid the dump in the $209 billion cryptocurrency market. However, the potential market stabilization doesn’t mean cryptocurrencies’ troubles are over. Decline in Cryptocurrency Market Cap a Result of Market Manipulation? Tether, one of the most-traded digital assets in the world has been accused…

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