The Daily: Tether Regains Ground, Coinbase Does Dublin

The Daily: Tether Regains Ground, Coinbase Does DublinToday’s edition of The Daily starts where Monday’s left off: by looking at the latest on Tether, whose stablecoin anchors so much of the cryptoconomy. In related news, we detail Bitfinex’s banking situation and reveal why Coinbase has chosen Dublin to be its European headquarters. Also read: Tether Sheds Its Peg Tether Regains Ground The […]

The post The Daily: Tether Regains Ground, Coinbase Does Dublin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Fall of Tether and What It Means for the Cryptocurrency Markets

The Fall of Tether and What It Means for the Cryptocurrency MarketsThe demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the […]

The post The Fall of Tether and What It Means for the Cryptocurrency Markets appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

USDT Price Volatility Continues Despite Binance Debunking Delisting Rumors

NullTX USDT price Volatility

No one will deny Tether’s USDT stablecoin is a bit controversial. That image has only been reinforced today, as the currency proves to be anything but stable in value. A current market dip pushes the below per USDT below the $0.96 mark. A very odd situation for a currency allegedly pegged to the value of […]

The post USDT Price Volatility Continues Despite Binance Debunking Delisting Rumors appeared first on NullTX.

Go to Source

Powered by WPeMatico

The Daily: Tether Sheds Its Peg

The Daily: Tether Sheds Its PegWhat kind of a world are we living in when bitcoin and tether, two of the stablest currencies in the cryptosphere, break out at the same time? Bitcoin is headed north while tether has taken a tumble in events that are closely linked. Of course, there’s other news in this edition of The Daily, like […]

The post The Daily: Tether Sheds Its Peg appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitfinex Strongly Refutes Insolvency Claims

Bitfinex Strongly Refutes Insolvency ClaimsBitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a […]

The post Bitfinex Strongly Refutes Insolvency Claims appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

September Volume Report: Altcoins See Increase in Trade Activity

September Volume Report: Altcoins See Increase in Trade ActivitySeptember saw all but three of the top twenty cryptocurrency markets post an increase in monthly trade volume. XRP pairings saw the strongest month-over-month volume gain, with 30-day volume tripling when compared with August. Also Read: Markets Update: Crypto-Traders Patiently Wait for a Break Out  BTC Stagnates, USDT and ETH Post Strongest Volume Since Q2 Despite […]

The post September Volume Report: Altcoins See Increase in Trade Activity appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Exchanges Roundup: Tether, Bitfinex Drop Noble Bank, Bitmex Hires COO

Exchanges Roundup: Tether/Bitfinex Drops Noble Bank, Bitmex Hires COOIn recent news pertaining to cryptocurrency exchanges, Noble Bank is looking to sell after reportedly losing Bitfinex and Tether as clients, Bitmex has announced the former compliance head of Hong Kong Exchanges and Clearing Limited as its new chief operating officer, and Huobi’s director of research into blockchain applications has discussed the company’s goals for […]

The post Exchanges Roundup: Tether, Bitfinex Drop Noble Bank, Bitmex Hires COO appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico