Cryptocurrency Analysis and News Portal
The crypto payment provider BitPay has enhanced its payment processing systems to include 3 more stablecoins which are Circle’s USD Coin (USDC)trade, Gemini Dollar (GUSD), and Paxos Standard Token (PAX). Tether (USDT), the most popular stablecoin by huge margins (and occasionally even the most traded cryptocurrency by volume), is still
Read More
Controversial cryptocurrency payment processor BitPay has announced it is adding three stablecoins to its list of supported tokens. In a press release on Dec. 10, BitPay confirmed businesses could now accept payment in USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX). All are pegged to the U.S.
Read More
On today’s episode, we’re talking bitcoin's bearish juncture, tokenization troubles, and new allegations filed against stablecoin Tether Source
Read More
Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless,." Source
Read More
A paper that was initially released in 2018, which was claiming that Tether (USDT) manipulation was the cause behind the 2017 Bitcoin(BTC)trade bull run, has recently been updated with new analysis reinforcing its argument. Now, a different research is refuting this thesis.According to Professor John Griffin from the University of
Read More
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred. Source
Read More
Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14.OKEx first announced its intention to launch USDT-settled futures trading with up to 100x leverage at the end of October. Now,
Read More
The stablecoin Tether (USDT) has been in the news pretty much since Bitcoin(BTC)trade skyrocketed to its all-time high of $20K at the end of 2017. Several controversies and lawsuits have been hovering around Tether, alleging it manipulatively pushed the Bitcoin’s price to astronomical heights.Several researchers have even published a thorough
Read More
Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained:“Wright has
Read More
Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price.The responseTether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, an announcement that
Read More