Tether (USDT)

In what seems like a plus for the cryptocurrency community, Dubai-based cryptocurrency exchange BTSE has decided to raise $50 million of its token come March 2020. Sources also further indicated that the exchange plans to issue a total supply of 200 million tokens in the due course of time at $1 each and then to buy them back and burn 100 million. The pitch deck for the offering reads:“Funds raised will be allocated toward user acquisition to increase overall platform revenue, platform...

The iPhone users now able to trade Bitcoin and Ethereum futures contracts thanks to Binance‘s robust engine tested on Android.Exchanges Allow Dumping Savings at the Speed of LightningYou don’t even have to use a PC to dump money anymore: convenient Binance iOS app allows you to do it from anywhere. So, mom won’t guess where all the money goes even if she really wants to.Using your precious iPhone, as a Binance customer you are now able to trade BTC/USDT contracts with up to 125x leverage. The...

Cryptocurrency exchange OKEx announced it decided to launch Bitcoin options trading by the end of this year.According to the announcement, the Malta-based exchange currently offers spot trading meaning purchase or sale of foreign currency, financial instrument or commodity for instant delivery on a specified spot date. It also offers futures trading and both of it in cryptocurrencies, A per the company, starting cash-settled options trading in BTC/USD pair begins on December 27 due to...

Ethereum, one of the world’s most popular networks for the deployment of smart contracts and development of decentralized applications (DApps), has undergone a hard fork. Dubbed ‘Istanbul,’ the system update adds new features and improvements to the existing solution.Ethereum’s Istanbul Hard Fork Goes LiveEthereum’s network underwent its long-awaited hard fork called Istanbul. It took place at block number 9,069,000, and it represents the third network-wide upgrade in 2019. Interestingly...

Bitcoin seems to be charging at $7,600 as it marks a slight increase of around 2.1% in the past 24 hours. The cryptocurrency seemed stuck in the same confluence price zone between $7,300 and $7,400 but has managed to break above it, and it now trades at around $7,550.As CryptoPotato reported earlier, an important resistance level to watch for is $7,700, which is where the bullish spike reached out. However, to see a real market reversal, we would have to see Bitcoin closing above $8,000. In...

In what seems like migration for the future, sources have indicated that Waves, a popular decentralized cryptocurrency exchange, has shut down its operations on its decentralized platform and is migrating to a new hybrid-based system that is intended to combine the best of both worlds. The exchange indicated this yesterday in a press release stating that it is shutting down operations on the old website and is shifting to the new Waves.Exchange site where the development of its hybrid model...

According to the popular cryptocurrency monitoring resource, CoinMarketCap, 93% of all Litecoin in circulation changed hands yesterday, December 2nd. As pointed out by one of the prominent analysts in the field, the issue with wash trading is getting out of hand and it’s undoubtedly something to be considered.Wash Trading Volumes On CoinMarketCapMati Greenspan, one of the more prominent and popular cryptocurrency analysts in the field, pointed out yesterday that the issue with displaying wash...

Last week was quite impressive for Bitcoin as the cryptocurrency recorded a bullish reversal from a low of $6,750 to $7,800 in two days. The bulls were unable to defend the new region, swinging the price back to $7,230 during today’s early hours.Bitcoin is currently down about 1.29% on the day as it trades at around $7,316 at the time of this writing.BTC/USD. Source: TradingViewThe altcoin market, on the other hand, is in a mixed state as some cryptocurrencies are recording slight gains while...

Ethereum co-founder Vitalik Buterin is signing a petition to free recently arrested developer Virgil Griffith. Buterin argues that Griffith’s North Korean speech was basically public knowledge anyway. Reasoning aside, Griffith still ignored a U.S. travel ban. Ethereum co-founder Vitalik Buterin has come to the aid of estranged developer Virgil Griffith. FBI officials recently arrested the somewhat rogue developer in Los Angeles on Thanksgiving after he reportedly aided North Korea in its...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...