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An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend

Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD […] The post An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend appeared first on Bitcoin News. дальше »

2018-8-13 03:10


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Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT?

After dropping within a hair of $6,000, Bitcoin (BTC) price bounced around in a tight $120 range before mysteriously spiking $400 in just 30 minutes. Was this simply a breakout from consolidating prices, or did Tether (USDT) have something to do with it? Bitcoin Price Market Overview Loads of people believe that Bitcoin , and other cryptocurrencies are being manipulated by cryptocurrency exchanges, whales, and a particular stablecoin that has been implicated in multiple scandals Read More The post Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT? appeared first on Bitcoinist.com. дальше »

2018-8-12 14:00


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Taiwanese Dollar Tethered Stablecoin Introduced

Reports out today highlight that a new stablecoin has been introduced that will exist as a tether to the Taiwanese Dollar. As this will be a stablecoin, the idea is simply that the coin will follow the price of the Taiwanese Dollar and will offer a crypto alternative for the FIAT currency, in the same way Tether currently operates alongside the US Dollar. дальше »

2018-7-13 16:00


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Former Bank Analyst as Chief Compliance Officer Tether Hires

Tether, the company behind the controversial, dollar-tied “stablecoin” known as USDT, has hired a chief compliance officer from the eighth-largest bank in North America. Leonard Real is a former anti-money laundering (AML) analyst for the Bank of Montreal, where he worked for four years in three different positions. In a statement, Real said that he looks дальше »

2018-7-13 00:10


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‘Crypto Virgins’ Are Driving The Price Of Bitcoin

Very recently, news has found that stablecoin, Tether, has been accused of being used to manipulate the price of Bitcoin. You can see our coverage of this story, here- https://cryptodaily. co. uk/2018/06/new-reports-find-that-tether-is-being-used-to-manipulate-bitcoin-price/ We all know that the cryptocurrency markets are volatile and thus, we all know that lots of influencing factors can change the price of Bitcoin, be that political, traditional-financial or indeed, crypto-financial. дальше »

2018-6-26 13:30


Tether Prints 250 Million Tokens, Nearly Ousts Tron as 10th Largest Crypto

Popular stablecoin, USDT, pegged to the price of one U. S. dollar, has just granted another 250 million tokens, adding to the discussion surrounding this often controversial crypto asset. The Tether ‘Controversy’ Continues Despite its widespread use, Tether has been the topic of controversy within the cryptocurrency community, as users speculate about the legitimacy of the project. дальше »

2018-6-26 23:30


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