#USDT

Tether (USDT) Market Cap Sees 65% Surge Since Bitcoin’s April Bull Rally

June 13, 2019 by Anthonia Isichei at News

Since the beginning of April 2019, Tether (USDT) market capitalization seems to be growing in tandem with the recent bitcoin price surge. The current USDT market cap which stands at $3.34 billion surged 65 percent since the bull rally on April 1, 2019. In the meantime, Tether’s current performance comes...

Scope of DAI Use Cases are Exponentially Widening

June 9, 2019 by Ashwath Balakrishnan at News, Stablecoins

A recent report from MakerDAO digs into the growing adoption of the DAI stablecoin. Issuance of DAI may be done through Maker debt contracts, but usage is being leveraged across the Ethereum dApp ecosystem, June 8, 2019. DAI Use Case Bolsters Ethereum DeFi As a landmark year for cryptocurrency development...

Tether (USDT) to Launch on EOS Blockchain Network

June 2, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Paolo Ardoino, CTO of Bitfinex, a Hong Kong-based cryptocurrency exchange revealed that Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019's end, according to reports released on May 31, 2019....

Bitfinex, Tether Claim a Legal “Victory” against the NYAG

May 23, 2019 by Aisshwarya Tiwari at Regulation

The cryptocurrency exchange Bitfinex on May 23, 2019, had a sigh of relief amidst the ongoing Tether (USDT) controversy as it won a partial block on demands for information from the New York Attorney General (NYAG) Office, Bloomberg reports. A Temporary Respite Sources state that New York Supreme Court Judge, Joel...

Tether Admits Buying Bitcoin with USDT Reserve

May 23, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019. The...

Bitfinex Tokens Coming out of a Cardboard Box

Bitfinex Cryptocurrency Exchange Gives Details on Utility Token LEO

May 19, 2019 by Aisshwarya Tiwari at Altcoins, Exchange, News

Hong Kong-based cryptocurrency exchange Bitfinex on May 17, 2019, revealed details about its utility token UNUS SED LEO. The native cryptocurrency will officially commence trading on Bitfinex from May 20, 2019. Bitfinex’s Answer to Binance’s BNB The rapidly increasing number of cryptocurrency exchanges has no doubt heated up market competition....

Bitcoin Pump: Trade War Narrative Solidifies

May 16, 2019 by Ashwath Balakrishnan at Adoption, Bitcoin, Investment, News

One of the more popular justifications for the current bull market floating around the Internet is the growing hostility between China and the USA. Several experts and industry insiders believe Chinese investors are pulling their money out of the Yuan in anticipation of further depreciation, as reported by Forbes on...

Bitcoin Running out the door of an Exchange

Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally

May 16, 2019 by Aisshwarya Tiwari at Bitcoin, Exchange, Investment, News

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly...

Bitcoin Moves Towards $6,000 Mark as Momentum Remains Positive Despite “Untethered” Tether

May 6, 2019 by Alex Lielacher at News, News Digest

The price of bitcoin rallied by over nine percent week-on-week despite the revelations that market-leading stablecoin USDT is not fully backed by US dollars as we were made to believe. On Sunday evening, BTC/USD traded at $5,785. The Big Stories At the start of last week, Tether finally admitted to...

CoinMarketCap Bitfinex Not allowed Bitcoin

Bitfinex Prices Are now Excluded from CoinMarketCap

May 6, 2019 by Ashwath Balakrishnan at Bitcoin, Exchange, News

After recent concerns regarding Bitfinex's liquidity and price premium, CoinMarketCap (CMC) has excluded the exchange's activity from their Bitcoin price, as reported by Finance Magnates on May 6, 2019. Bitfinex has traded at a $300 premium from the market for several months now. Twists and Turns for Bitfinex The Bitfinex...

Pages: 1 2 3 4 5