Tether (USDT)

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...

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...

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...

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...

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...

Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase.This interesting development was made public on Monday by Binance CEO, Changpeng Zhao, at the Open Innovations conference held in Moscow, Russia. He revealed that in the next two weeks the fiat trading option for Russian rubles should be available on the exchange, making...

Bitfinex, the cryptocurrency exchange which has been enmeshed in a legal tussle for a while now, has filed an application with the US Court in the Central District of Southern California, through its parent company, iFinex Inc. Filed on the 18th of October 2019, Bitfinex wants the Court, through a subpoena, to help recover more than $850 million that has been unreachable by the exchange because of supposed problems being faced by the company’s payment processor Global Trade Solutions AG,...

Binance recently launched a futures trading platform – Binance Futures – that allows traders to use leverage and to open both short and long positions. After our first look and test positions, we can say that the platform is very similar to that of Binance’s spot exchange, which makes the transition very easy. The user experience is just as smooth, and trading is relatively simple.Quick NavigationBinance Futures Security 9.9 Coin Variety 7.0 Liquidity 9.8 ProsBinance-branded productHigh...

Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...

Samsung’s announcement that TRON CEO Justin Sun would speak at the company’s forthcoming Developer Conference took many by surprise. The San Jose event, to be held over two days from October 29, will play host to developers, creators and technologists, with blockchain certain to be a major talking point.What to make of the Samsung-Sun linkup? Or is it premature to refer to it in such terms? After all, Sun is ostensibly in town to be a guest speaker tasked with discussing how the future of...