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Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »

2019-5-1 19:30


Tron’s [TRX] Justin Sun postpones USDT incentive program indefinitely in the wake of Bitfinex-Tether drama

The cryptoverse saw a tectonic shift after news broke about the Bitfinex- Tether [USDT] episode, with repercussions being felt a week after it first came to light. In the latest twist to the story, Justin Sun, Founder and Chief Executive Officer of the Tron Foundation, announced that the much-hyped USDT rewards program will be postponed […] The post Tron’s [TRX] Justin Sun postpones USDT incentive program indefinitely in the wake of Bitfinex-Tether drama appeared first on AMBCrypto. дальше »

2019-5-1 09:31


Will Bitcoin complete the double bottom pattern or has the bull run actually started?

Bitcoin collapsed by 9% on almost all exchanges when the Bitfinex and Tether news broke out, however, on Kraken, the price fell as low as, ~$4,300. Based on past data, it can be assumed [with a grain of salt] that there is a possibility of the formation of a double bottom pattern, as it did […] The post Will Bitcoin complete the double bottom pattern or has the bull run actually started? appeared first on AMBCrypto. дальше »

2019-4-29 01:30