Tether (USDT)

Euro Pacific Capital CEO Peter Schiff seems to think that bitcoin is likely to crash soon thanks to the downfall of marijuana stocks.Schiff: Cannabis Falls, So Bitcoin FallsSchiff explained his bearish sentiment in a tweet, writing:Many of the speculators who were buying pot stocks were also buying #bitcoin. With heavy losses in the former, perhaps they will look to realize some gains on the latter or mitigate their losses before the bottom drops out of the crypto market, too.This is one such...

The crypto world is seeing a huge influx of gold-backed stable currencies, and now Tether is adding a new one to the mix.Tether Is Getting Involved in GoldThe world could see the new “Tether Gold” cryptocurrency by the time Christmas rolls around this year. What is it about Christmas that seems to bring either great renown or floor-scraping gutter waves to the crypto space?Remember in 2017 during the holiday season when the number one cryptocurrency by market cap (we’re talking about bitcoin)...

eToroX, the blockchain subsidiary of global investment platform eToro, has added five new fiat stablecoins, a new cryptoasset, two further established stablecoins and a crypto-commodity pair, signalling its rapid growth, having only launched only six months ago. There are now 26 tradable assets available on the exchange.The new assets announced today are:Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX), Hong Kong Dollar (HKDX), and Singapore Dollar (SGDX)Peer-to-peer...

With many issues that have made premier cryptocurrency exchange Bitfinex controversial, it seems that the exchange is set to get its groove back in 2020 as per revelations by its CTO Paulo Ardoino in a podcast with the BlockCryto. In the podcast, Paulo discussed a wide range of issues ranging from the allegations of market manipulations to upcoming products that Bitfinex plans to offer including options and a gold-backed stablecoin.While much has been said about Bitfinex’s growing Twitter...

By pretty much any standard, Craig Wright easily became the most controversial person in crypto over the years. For a long time now, Wright has been at the center of a suit brought against him by the Kleiman estate, representing Dave Kleiman, Wright’s former business partner.Wright has also proclaimed himself as the real Satoshi Nakamoto, creator of Bitcoin, and has even gone ahead to bring legal action against people who have refuted this claim. A few months ago and in his usual fashion,...

Craig Wright claims to have invented bitcoin, and he’s suing a podcaster who alleges otherwise. Wright’s lawsuit now faces a challenge from the creator of the fourth-largest cryptocurrency. Bitcoin’s most thrilling scandal continues to grow more and more exciting. As if the Craig Wright saga couldn’t grow any more mesmerizing, the most controversial person in the bitcoin industry now finds himself squaring off against the most controversial company in crypto. Tether, the issuer of $4.1...

TRON (TRX), one of the largest altcoins, will be listed on the cryptocurrency exchange – Poloniex on November 12th. The news comes after the exchange was recently sold to new owners who are reportedly set to increase Asian involvement.TRON To Be Added On PoloniexAccording to an official statement, TRX, which is currently ranked as the 11th largest cryptocurrency, will be listed on one of the popular exchanges, Poloniex. TRX sits on a market cap slightly over $1.1 billion and marks a slight...

Not long ago, it was reported that a user of the cryptocurrency trading platform Bitfinex was responsible for the manipulation that ultimately caused bitcoin to reach the $20,000 mark in December of 2017. However, the company is now rejecting this report, saying that it was built on false evidence and a “house of cards.”Bitfinex: The Report Is Not TrueThe report was co-authored by John Griffin, a University of Texas finance professor who issued a separate report last year first making claims...

After a few days of sideways trading, Bitcoin made a move. The cryptocurrency lost around $800 in the last 48 hours. At the time of this writing, the cryptocurrency is trading at about $8,800.Two weeks ago, the Chinese President announced that the country should put more effort into embracing blockchain-based technology, and Bitcoin’s price skyrocketed by severe 40%. After that, however, the price retraced to around $9,300 and traded in this range for a while.Yesterday,...

A recent study published by two US academics claimed that Tether and Bitfinex manipulated Bitcoin’s parabolic rally in 2017. Days after the publication, Tether has issued an official response denying the merits of the report, saying that the paper lacks credibility.Tether’s ResponseA few days ago, two university academics updated a paper they have previously published in 2018 regarding a possible price manipulation in the cryptocurrency market. As per their report, the 2017 price surge was...