Tag Archives for " Tether "

Markets Update: Bitcoin Spot Prices Slide After CME Group Opens Futures

Market Updates Bitcoin markets took a slide on Sunday evening December 17 about an hour after CME Group launched the company’s futures markets. Even though the beginning of the derivatives sessions were quite bullish with contracts above $20K, bitcoin’s spot markets dipped to a low of $17,925 across many exchanges. Also Read: Bitcoin Fees Have Become […]

Continue reading

Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

Altcoins 1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days. Also Read: Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex Tether First Emerged […]

Continue reading

Markets Update: Bitcoin’s Value Climbs After Cboe Opens XBT Trading

Markets and Prices Bitcoin’s value has been climbing since the recent opening of Cboe’s futures markets. The spot price of BTC had dipped a good 3 percent an hour prior to Cboe’s Sunday evening trading sessions, but volume immediately spiked at precisely 6 pm ET when the futures trading opened. At the moment bitcoin is […]

Continue reading

Altcoin Flash-Crashes and Leaked Report to Shareholders Renews Concerns Surrounding Bitfinex

Markets and Prices All eyes have been on Bitfinex in recent days, with the exchange experiencing dramatic flash crashes on select altcoin markets after having been the subject of a distributed denial-of-service (DDoS) attack last week. A quarterly shareholder update from the company has also been leaked, evidencing that Bitfinex is one of the major […]

Continue reading

Markets Update: Bitcoin Bulls Set Their Sites for the $10,000 Target

Markets and Prices The price of bitcoin has grown significantly since our last price report when BTC surpassed US$9,000 per token. Now the cryptocurrency is setting its sites on the $10,000 target just two days later as the price has been hovering around $9,850-9,950 over the past six hours. Bitcoin has already touched the $10K […]

Continue reading

Bitcoin Cash Sees Significant Support and Adoption Over Four Months

Emerging Markets The Bitcoin Cash (BCH) network is almost four months old from when it split away from the legacy chain on August 1. Since then the protocol, community, and infrastructure has grown significantly since the decentralized currency’s network was released into the wild. See also: Questions Mount as Bitfinex Stay Silent in the Wake of […]

Continue reading

Exchanges Suspend USDT Transactions After $30 Million Tether Treasury Wallet Hack

Altcoins The company behind the controversial Tether altcoin has revealed a few hours ago that it suffered a cyber attack in which the alleged hacker made off with over $30 million worth of USDT. The company also announced some steps to rectify the situation, including one that is effectively a temporary hard fork, leading exchanges […]

Continue reading

Five Countries Where Bitcoin is Illegal

Emerging Markets To those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone […]

Continue reading

Markets Update: Cryptocurrencies See Volatile Prices After Canceled Fork

Markets and Prices The price of bitcoin (BTC) has been on a bearish run over the past 72 hours, after reaching $7,900 the day the Segwit2x fork was ”canceled”. Since then bitcoin’s market cap has shaved off over $20B, and the price per BTC is hovering just above the $6,500 range. Moreover, while bitcoin has […]

Continue reading