Controversial stablecoin Tether issues another batch of tokens worth $50 million
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Controversial Stablecoin Tether Issues New Batch of USDT Tokens Worth $50 Million
Category: Tether
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An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend
Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD […]
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Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact
A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. Also read: Yahoo! Japan Confirms Entrance Into […]
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Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban
Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. Also read: Yahoo! […]
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Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT
In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced […]
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Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’
During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting. Binance is one of the largest holders of Tether. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay […]
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The Daily: Coinbase Introduces GBP Pairs, Hitbtc Adds EURS, Bitpanda Offers EOS
In today’s Bitcoin in Brief, we cover several decisions made by leading cryptocurrency exchanges regarding new trading options offered to clients. UK customers of Coinbase will be able to purchase cryptocurrencies with British pounds, Hitbtc has added support for the new euro-pegged stablecoin, EURS, and European exchange Bitpanda offers EOS. Also in The Daily, US […]
The post The Daily: Coinbase Introduces GBP Pairs, Hitbtc Adds EURS, Bitpanda Offers EOS appeared first on Bitcoin News.
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Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish
On Tuesday, July 31 a great majority of cryptocurrency prices dropped in value with many coins losing anywhere between 3-10 percent during the last 24-hours. Currently, with the sudden cryptocurrency market turbulence, bears have taken control of the exhausted bulls. In one intra-day of trading, the entire cryptocurrency market capitalization of all 1,600+ coins ($270Bn […]
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July 2018 Volume Rankings Report: BTC Extends Dominance
During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4.6%. Also Read: Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners BTC Extends Lead Relative […]
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Media: Crypto Exchange Huobi’s OTC Trading Platform to Support India Rupee Transactions
Huobi, currently the world’s third largest crypto exchange by daily trade volumes, is set to support Indian rupee transactions on its proprietary peer-to-peer trading platform
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