Can the 2020 Stablecoins Finally Bring Competition to Tether?

In the cryptocurrency world, there is no shortage of stablecoin action. Despite numerous competitors launching, Tether continues to dominate this landscape with ease. Despite the uphill battle, several new products will come to market throughout 2020.  More Stablecoins Attempt to Dethrone Tether The question is whether they can be more successful than those stablecoins launching … Read more

New Stablecoins Commence a Fresh Assault on Tether

Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone. This year, the king of stablecoins faces a renewed assault … Read more

Market Outlook: Bullish Trend Sends Crypto Prices Northwards

Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read: Close to 11 Million BTC Haven’t Moved in … Read more

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District

Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. … Read more

Market Update: Top Cryptos Face Strong Resistance Ahead

On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in … Read more

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