BitFinex

Auto Added by WPeMatico

Tether Printed One-Third of All USDT After Receiving Subpoena

by

Following the recent announcement that Tether received a subpoena from the United States Commodity Futures Trading Commission on the 6th of December, it has become apparent that over one-third of the total supply of Tether was created after the date of the subpoena’s delivery. Also Read: U.S. Regulators Send Tether and Bitfinex Subpoenas Supply of USDT … Read more

Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

by

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 $9K region … Read more

U.S. Regulators Send Tether and Bitfinex Subpoenas

by

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 “Overwhelming … Read more

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

by

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 to wonder whether … Read more

Report Finds Correlation Between USDT Issuances and BTC Price Moves

by

The Tether Report, a pseudonymously authored analysis examining the speculative assertion that bitcoin price volatility is highly correlated to the issuance of new USDT, has claimed that approximately 48.8% of bullish price movements have occurred within the two-hours immediately following ninety-one individual Tether grants. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion … Read more

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

by

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 Friday, … Read more

You have not selected any currencies to display