Category: Tether
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January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume
The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar…
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The Wrapped Bitcoin Project Has Officially Launched on Ethereum
On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of…
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Analysis: Will the Cryptocurrency Market’s Long Tail Trend Ever End?
The cryptocurrency market has its very own long tail trend that sees the majority of all value flow to BTC, with altcoins left to fight for the scraps. With a $60 billion market cap and a dominance of 53 percent, BTC has ruled the market since day one. As altcoin investors endure the persistent pain…
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Sideshift App Demonstrates a Trade Between Lightning Network BTC and Tether
Back in October news.Bitcoin.com reported on the influx of development tied to Drivechain, a project initiated by software developer Paul Sztorc. At the time we also covered the project’s extension applications coded by the programmer Andreas Brekken. One of those applications Brekken conceived allowed any Drivenet coins to be swapped between any blockchain protocol. On…
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The Next Big Thing or a Total Monstrosity? Four Experts Weigh in on Stablecoins
Stablecoins have long divided opinion in the crypto community, with some believing they’re needed to gradually convert the masses away from fiat, whereas others have grave concerns about these dollar-pegged assets. Four experts – Gabriel Cardona, Roger Ver, Miko Matsumura, and Vin Armani – recently shared very different stablecoin opinions on the Bitcoin.com podcast. Also…
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December Volume Report: Top Markets See Strongest Trade of H2 2018
The five most traded cryptocurrency markets saw an increase in volume during December, when compared with the previous month. Despite the spike in trading activity posted by the dominant markets, many crypto assets ranked below the top five saw a decline in month-over-month volume. Also Read: Report: Indian Government Updates Progress on Crypto Regulation USDT and…
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New Evidence Suggests Tether Does Not Have the Dollar Reserves It Claims
Reports from the Central Bank of the Bahamas indicate that Tether Ltd. may have never deposited funds into the country. These findings could suggest that Tether may be holding their reserves elsewhere, or not have any reserves at all. In either case, the results could be catastrophic for the cryptocurrency markets. Investors have become increasingly…