Tag Archives for " Tether "

Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin

Regulation U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency […]

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No letup for bitcoin as cryptocurrency drops further below $9,000

Pressure on bitcoin showed no signs of letting up on Friday, as the No. 1 cryptocurrency stumbled further below $9,000 to reach fresh November lows. Bitcoin BTCUSD, -6.69%  was most recently changing hands at $8,579.31, down 5%, according to research and news site CoinDesk.com. Bitcoin moved below $9,000 for the first time since November on […]

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Why these early retirees won’t touch bitcoin or other cryptos — and neither should you

As early retirees, the question we’ve started getting more than any other, from people who are pros at investing to folks who want to start from scratch is, “Should I buy bitcoin? You guys own bitcoin, right?” Bitcoin and other cryptocurrencies have been getting a lot more news lately as valuations have skyrocketed and plummeted, […]

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Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

Market Updates Cryptocurrency markets are suffering from new lows on the first of February as nearly every digital asset is down 3-20 percent. Since the last week of December 2017, bitcoin core (BTC/USD) markets are seeing a continuous downward spiral not seen since 2014. At the moment BTC is desperately trying to climb above the […]

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Tether Severs Ties With Its Auditor, Leaving Its Accounts Shrouded in Mystery

Markets and Prices Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began […]

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Tether and Bitfinex face U.S. regulatory scrutiny, according to reports

Reuters Bitcoin under pressure as regulators ramp up oversight of altcoins. The Commodity Futures Trading Commission sent subpoenas last month to the largest cryptocurrency exchange Bitfinex and sister company Tether, according to reports. Tether Limited, says mints coins that are pegged one-to-one to U.S. dollars, and according to its own ‘transparency report’ it has about […]

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U.S. Regulators Send Tether and Bitfinex Subpoenas

News There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to […]

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Why Bitfinex, Tether are raising nagging questions in the cryptocurrency market

Tether, a cryptocurrency that claims to be backed by hard cash, is in the spotlight after reports that the Commodity Futures Trading Commission last month subpoenaed documents from the digital-asset platform. Tether and its sister company Bitfinex have been raising eyebrows within the digital-currency community, as critics question the accuracy behind assertions that every tether […]

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This Week in Bitcoin: Japan Gets Goxxed and Iota Gets Into a Tangle

News For the first time in forever, this week in bitcoin was strangely subdued. No major price movements, no regulatory crackdowns and no Tether collapse. Iota got into a bit of a pickle and then blamed everyone else, as Iota is apt to do, but that’s all. Everything was uneventfully ticking over, right up until […]

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Singapore Mall Sells Cryptocurrency Mining Hardware

Mining Cryptocurrency miners in Singapore can now buy their rigs pre-assembled right at the mall as more retail computer hardware shops enter this booming market. This is another strong sign of how retailers are diversifying away from their traditional costumers such as PC gamers, all due to the allure of cryptocurrency earnings. Also Read: Dr. […]

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