Crypto markets are mostly green, with Bitcoin holding just below $6,500 and most major coins seeing little change, capped within a 2 percent range
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Crypto Markets See Little Movement, Bitcoin Continues to Trade Just Below $6,500
Category: Tether
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Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits
Bitfinex brought back fiat deposits, but users are still reporting delays in processing transactions. Do the rumors of the exchange’s insolvency have something to do with its suspended banking partner relations and the sale of USDT?
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Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz
Tether’s transparency shortcomings highlighted by investor and crypto bull Michael Novogratz
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Important Aspects of Stablecoins: The Difference Between Pegging, Collateralization, and Redeemability
Who says you can’t have a stablecoin backed by Ether and pegged to the Japanese Yen?
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The Daily: Peak Blockchain and Stablecoin Drama
Differentiating truth from fiction isn’t always easy, especially in the realm of blockchain. We’ve got distributed ledger stories both real and fanciful in this edition of The Daily, as well as hardware wallet news, an update on bitcoin futures, and the obligatory smattering of stablecoin drama. Also read: Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance […]
The post The Daily: Peak Blockchain and Stablecoin Drama appeared first on Bitcoin News.
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Markets Update: Stable Cryptocurrencies and Unstable Pegged Coins
Since our last markets update, cryptocurrencies have been steadily moving sideways as traders are patiently waiting for the next big move. On Wednesday, Oct. 17, bitcoin core has been hovering between $6,400-6,550, while bitcoin cash has been coasting along around $425-500 per coin. The market capitalization of all 2,000+ cryptocurrencies hasn’t budged much over the […]
The post Markets Update: Stable Cryptocurrencies and Unstable Pegged Coins appeared first on Bitcoin News.
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Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg
Cointelegraph explores the history of stablecoin Tether, which is fighting to return to $1 per token
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Bitcoin Price Watch: Currency Moves Up, Correlates with Stock Behavior
At press time, the father of cryptocurrency has moved up from its recent drop and is trading for over $6,400. While this doesn’t compare with the oh-so-spectacular $6,500 range of roughly one and two weeks ago, the currency is making headway considering its recent – and frightening – drop to $6,200. Late last week, bitcoin […]
The post Bitcoin Price Watch: Currency Moves Up, Correlates with Stock Behavior appeared first on NullTX.
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USDT Price Hits $1 Again but Only on Bitfinex
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 […]
The post USDT Price Hits $1 Again but Only on Bitfinex appeared first on NullTX.
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Bitfinex Introduces Top Secret Banking System
Bitfinex 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 […]
The post Bitfinex Introduces Top Secret Banking System appeared first on Bitcoin News.
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