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Tether (USDT)

BTC and ETH Price Analysis: The Birth of a New Weekly High

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.The cryptocurrency market is currently trading in the green as bullish sentiments are stirring industry-wide price gains beings led by Bitcoin (BTC). Per a deep observation of the market, the rejuvenation was spiked in the early hours of the morning as Bitcoin specifically carried over some losses from the past weekend’s trading activity.A number of...

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My Neighbor Alice (ALICE) Jumps Over 220% on Binance from Initial Private Token Sale Price

Seeking to unite gamers, token holders, and NFT collectors, ALICE is currently trading at $30 on Binance, with a 24-hour volume of over 1.3 billion USDT.My Neighbour Alice (ALICE) rose to about $22 on Binance, a 220% increase from its private sale price. At this price, it is at a 175% increase from the public sale price.With Binance as the current and most active trading market, ALICE has a total supply of 100,000,000. My Neighbour Alice has raised $2.2 million from two rounds of token sales,...

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Swiss Company UGPay Group AG Launches A New Generation Backed Stablecoin

The backed stablecoin under ticker USDU by a Swiss company UGPay Group AG allows executing fast and affordable transfers with minimum transactional costs. The USDU stablecoin is backed by deposits in a different stablecoin, USDC. A Swiss financial company GTI NET AG with an asset management license acts as a guarantor for tokens liquidity and security of the deposit. The stablecoin USDU operates on the CryptoUnit blockchain that was launched on the 2nd February 2021...

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NY’s Letitia James: You Must Be Very Careful Investing in Crypto

New York attorney general Letitia James has issued a statement to all residents of New York warning them that cryptocurrencies are risky, and that they should think twice before investing in them. Letitia James Warns Against Crypto Usage In the statement, she also takes aim at all cryptocurrency businesses, claiming that if they do not follow the rules set forth by New York and the rest of the country, they are likely to face serious monetary and legal consequences. This...

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Tether Gets 500 BTC Ransom: Sender Threats to Leak Harmful Documents

Tether, the company issuing the most widely-used stablecoin, USDT, has revealed that it got a ransom demand for 500 BTC. The sender has threatened the company to leak documents to the public that would “harm the bitcoin ecosystem.”Tether Gets a 500 BTC Ransom DemandTether, the issuer of the popular USDT stablecoin, took it to Twitter to reveal that someone had threatened to leak documents to the public in an attempt to “harm the bitcoin ecosystem.”The company explained that “forged documents...

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Tether, Bitfinex Settle Major Legal Case in New York

Tether and Bitfinex have settled their case with the New York Attorney General’s office. Both companies have agreed to pay as much as $18.5 million to make the issues of the past finally disappear. The Tether Bitfinex Fiasco Has Come to an End Both companies have been under serious investigation for the last few years after having been accused of working to cover up an $850 million loss of both corporate and client funds. As a result of the settlement, both Tether and...

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4 Useful Bitcoin Wallets of 2021

These days Bitcoin, Litecoin, and other digital assets are used by millions of people. With cryptocurrencies, people pay at Cookie Casino Canada, Netflix, or other online platforms. Moreover, these tokens can be a great investment. Yet, these coins should be stored in wallets, and these are the best options for 2021. Stormgain Multicurrency cryptocurrency wallet Stormgain was created as part of an exchange bearing the same name, registered in the Virgin Islands in 2019....

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Settlement With NYAG Reached: Tether and Bitfinex to Pay $18.5M and Stop Servicing NY Clients

Tether and Bitfinex will no longer be able to trade with New York citizens and will have to pay $18.5 million in penalties as their two-year-long legal case with the New York Attorney General office came to an end. The case started in April 2019 when the NYAG office alleged the popular exchange Bitfinex of losing $850 million and using Tether funds to secretly cover the losses to the payment processor Crypto Capital. The funds were actually confiscated by government authorities from the US,...

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Top 5 Crypto Picks Besides Bitcoin to Look at in The Last Week of Feb

This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...

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Ethereum Sets $1,900 ATH but Bulls Target Is $3,000

Ethereum has set a new ATH. In the last 24 hours, the second largest coin has climbed above $1,900. The digital asset is slowly inching closer to a much revered $2,000 price tag.Little stands in the way of Ethereum doubling its 2017 high. After showing strong resilience at $1,800 and setting news ATH, Ethereum now looks set for a breakout. As Ethereum (ETH) price nears $2,000, it is becoming clear that doubling the 2017 high could be easier than expected.Among the best performers in the...

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