Category: Tether
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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are…
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Tether becomes 4th largest crypto, demonstrating intensity of market blood bath
On Sept. 25, the crypto market experienced one of its steepest falls in recent years as the bitcoin price abruptly dropped by more than $1,500 in merely hours, sending many cryptocurrency investors to Tether. Tether, a stablecoin said to be run by iFinex, the parent company of a major cryptocurrency exchange in Bitfinex, has often…
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Market Update: Low Volumes and Uncertainty Shake Crypto Traders
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24…
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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model
[youtube https://www.youtube.com/watch?v=anj4BCs8GaI&w=560&h=349] Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The…
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Half of all Tether trading volume happens on one obscure exchange
One obscure exchange dominates half of all Tether trading volumes. Meanwhile, top-tier exchanges saw their largest decline in volume to date. Half of all USDT traded on D-rated exchange The data-driven analysis provided by CryptoCompare is an invaluable asset to those monitoring the crypto-sphere. The company’s monthly reviews offer a fresh perspective on the state…
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Crypto Facilitates Money Transfer for Restricted China
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $50,000 in fiat money in a day, without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that…
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Connecting Cash to the Internet Using Stablecoins
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across developed and emerging market countries since…
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Bitcoin.com’s Premier Cryptocurrency Exchange Is Now Live
We’ve just launched our premier trading platform exchange.Bitcoin.com and registered users can access it right now. Since we announced pre-registration last month, over 10,000 accounts have signed up with our exchange and the platform is ready to provide a world-class trading experience for crypto newcomers and veterans alike. Also Read: Check Out the New Featured…