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Tether (USDT)

Report: Bitcoin Manipulated by One Person in 2017

Remember when bitcoin struck the $20,000 mark in December of 2017? Would you believe that it was probably a single entity or individual that made that happen?Bitcoin: Manipulated By a Single Person?This is the news being spewed out by a recent report, which states that the bitcoin price may have been manipulated over the course of 12 months – between March 2017 and March 2018 – by a single person. During this time, the market cap of bitcoin reached a whopping $326 billion, and about half of...

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Huobi US to Rival Binance.US as Huobi Global Planning to Freeze Accounts of U.S. Residents

Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...

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Bitcoin Hit $20K in 2017 from Manipulation by One Single Market Whale

Most of the crypto community, especially Bitcoin hodlers, are almost always hoping for a spike like the one that happened in 2017, which saw the king coin hit its current all-time high of $20,000. Even though a terribly bearish market followed some months after, the spike is still often referred to as not just a game-changer, but a point where Bitcoin needs to reach again, to break out of its frequent periods of disappointing consolidation. However, some analysts have suggested that the...

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Bitfinex Sparks Controversy Allegedly Manipulating $20,000 Bitcoin Price High

Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale. Bitfinex whale manipulating Bitcoin price surges Initially reported by Bloomberg, the paper, which is an update on an earlier one by the same...

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Binance.US Exceeds $15 Million Daily Trading Volume One Month after Launch

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

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Ethereum Price & Technical Analysis: ETH Keeps Selling, Bearish Activity Subsiding

Photo: ShutterstockDmitriy Gurkovskiy, Chief Analyst at RoboForex, shares his vision on the possible scenarios of price movements for Bitcoin and some popular altcoins.ETH/USD price analysisTether has transfered 300 million tokens to the Ethereum blockchainThe CFTC is ready to approve the ETH futuresOn W1, the downtrend has slown down for a correction. The current dynamics, upon approaching 61.8% ($146.68) Fibo, start looking as a triangle. It should be mentioned that the quotations have...

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DAI and USDT to Lead the Way for Stablecoin Adoption

The cryptocurrency sector is largely an exciting one and there are always new events every day, which shows that there are growth and development being recorded. While crypto adoption is improving, there is a lot more focus on increasing the use cases for Bitcoin (BTC) than most of the others. However now, stablecoins including DAI and Tether’s USDT, are starting to game some traction with traditional institutions for everyday use cases.DAI AdoptionAccording to reports, the DAI stablecoin can...

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IEOs Are Not Dead: Kava Reached 180% ROI On Binance Early Trading

Binance has just completed its most recent Initial Exchange Offering (IEO) called Kava. The event brought a return of around 180% which is a shadow of what IEOs used to generate in the not so distant past. It also highlights the fact that if Binance is to keep these exchange offerings live, it needs to keep selecting quality projects in order to retain the interest of the investors and to make sure they won’t incur losses.The KAVA IEO On Binance Launchpad: 180% ROIThe Binance Launchpad just...

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Crypto Capital President Arrested for Alleged Drug Trafficking and Money Laundering

The president of the crypto services company, Crypto Capital, has been arrested by authorities in Poland for his alleged involvement in the crime. Ivan Manuel Molina Lee was recently picked up by Polish police under the accusation that he is deeply involved in several illegal activities including being a member of an international drug dealing cartel as well as money laundering accusations which were allegedly done by him using Bitfinex.According to local Polish media platform RMF24, Molina...

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The First Eurasia Blockchain Summit Sees Turkey Becoming a Blockchain Powerhouse

Press Release ISTANBUL, Oct. 22, 2019The first-ever Eurasia Blockchain Summit, hosted by Huobi Group and Kemer Partners, was held last weekend and hosted a medley of local and overseas representatives to talk about a “blockchain revolution” already taking place in the region. 1,400+ attendees and 70+ speakers from leading blockchain companies, Turkish Government and banking sectors, startups, and media joined the discussion. The two-day event saw major companies disclose ambitions to...

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