USDT Price Hits $1 Again but Only on Bitfinex

NullTX USDT price Struggle

It would appear Tether’s stability struggles are not over just yet. The current still remains below $0.97 for the second day in a row, and it seems retaking the $1 level will be challenging. In fact, the only exchange trading USDT at the correct price is Bitfinex, which won’t really surprise anyone. USDT Price Isn’t […]

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Bitfinex Introduces Top Secret Banking System

Bitfinex Introduces Top Secret Banking SystemBitfinex has restored the ability of customers to make fiat currency deposits. Details of its new deposit system remain shrouded in secrecy, however, with the exchange going to extraordinary lengths to conceal the identity of the bank(s) in question. Its “distributed” system, designed to circumvent censorship, has brought the critics out in full force. Also […]

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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 […]

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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 […]

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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 […]

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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 […]

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