Category: Tether

Venture Capitalists Have Invested Over $200M in Stablecoins

Venture Capitalists Have Invested Over $200M in StablecoinsDoes the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses Crypto and Central Bank Digital Currency […]

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Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 Rally

Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 RallyCrypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has been criticized for failing to understand that mass inflows of tether (USDT) to the cryptoconomy are not indicative of a single source accounting for all […]

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Market Update: Crypto Prices Hold Steady After Massive Bullish Spike

Market Update: Crypto Prices Hold Steady After Massive Bullish SpikeDigital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days […]

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104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research RevealsThe ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the […]

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Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex

Tether Created the Largest Bubble in Human History Claims Lawsuit Against BitfinexA common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble […]

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto PricesOn September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are […]

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Market Update: Low Volumes and Uncertainty Shake Crypto Traders

Market Update: Low Volumes and Uncertainty Shake Crypto TradersThe majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 […]

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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

An In-Depth Look at Merge Mining and Anchored Blockchain ProjectsSince 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article […]

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Crypto Facilitates Money Transfer for Restricted China

Crypto Facilitates Money Transfer for Restricted ChinaCrypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money can […]

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Connecting Cash to the Internet Using Stablecoins

Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across developed and emerging market countries since […]

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Bitcoin.com’s Premier Cryptocurrency Exchange Is Now Live

Bitcoin.com's Premier Cryptocurrency Exchange Is Now LiveWe’ve just launched our premier trading platform exchange.Bitcoin.com and registered users can access it right now. Since we announced pre-registration last month, over 10,000 accounts have signed up with our exchange and the platform is ready to provide a world-class trading experience for crypto newcomers and veterans alike. Also Read: Check Out the New Featured […]

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Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Plans to Mint a Digital Yuan and Commodity Coins, Says Bitfinex ShareholderTether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch […]

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ERC20 Tether Transactions Flip Their Omni Equivalent

Ethereum Tether Transactions Flip Omni-Based USDT TransactionsCrypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the […]

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Market Update: Economists Envision Global Recession While Crypto Prices Soldier On

Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards that could send […]

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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Markets Update: Prices Drop as Crypto Sentiment Plunges Below the Fear ZoneCryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility, […]

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Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks

The Benefits of Tokens Built on Bitcoin Cash Outshine the CompetitionSatoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens and right now the Simple Ledger Protocol is one of the cheapest most […]

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Pre-Register for Bitcoin.com’s New Crypto Exchange to Win Bitcoin Cash Prizes

Pre-Register for Bitcoin.com's New Crypto Exchange to Win Bitcoin Cash PrizesOver the last few years, Bitcoin.com has striven to make digital assets more accessible to everyone in the world. In June we launched our peer-to-peer bitcoin cash marketplace Local.Bitcoin.com and this September we’re launching our very own exchange with over 50 trading pairs. Today we’re starting pre-registrations so people can get a head start before […]

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Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms

Market Outlook: Crypto Prices Consolidate as Economic Uncertainty LoomsDigital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty, economists worldwide are predicting a great […]

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Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

Honestnode Founder Discusses the First Stablecoin Built on Bitcoin CashOn June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week news.Bitcoin.com spoke with the founder of Honestnode, Jian […]

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Competing Stablecoins Can’t Topple Tether

Competing Stablecoins Can’t Topple TetherLove, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past year, a flurry of new stablecoins have entered […]

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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next

Market Outlook: After Crypto Prices Tumble Observers Weigh in on What's NextBitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With […]

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Markets Update: Cryptocurrency Prices Continue to Accelerate

Markets Update: Cryptocurrency Prices Continue to Show Accelerated GrowthDigital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures $368 Billion Cryptocurrency markets have […]

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More than One Year Later, BTC Price Skyrockets Past $10K

Over a Year Later BTC Price Skyrockets Past $10KOn June 21, the price of bitcoin core (BTC) crossed the $10,000 mark for the first time since March 08, 2018. At the moment BTC has a $180 billion dollar market capitalization as the cryptocurrency gathered more than 166% over the last six months. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so […]

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Markets Update: Digital Currency Economy Surpasses $300 Billion

Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers […]

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