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Technical Indicator Suggests Tether Trouble Has Put an End to Bitcoin Rally

This week, a scandal involving Bitfinex and Tether parent company iFinex being accused by the New York Attorney General’s office of misappropriating funds has shaken up the cryptocurrency market. Bitcoin and other cryptocurrencies have rallied…
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Bitfinex and Tether Exodus Leads to 7th Most Confirmed Bitcoin Transactions in a Day

Yesterday’s news of Bitfinex being accused by the New York Attorney General’s office of potentially covering up the loss of $850 million using Tether reserves has caused Bitcoin and the crypto market to plummet and investors to panic, not…
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Tether Turmoil Twist: Stolen Reserves Proves Crypto Stablecoin Was Once Backed

The crypto community is in an uproar following the New York State’s Attorney General’s office accusation that prominent crypto exchange Bitfinex – tied closely to the controversial stablecoin Tether – had hidden a $850 million loss at…
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Tether Volume Surpasses Bitcoin at $18 Billion: Should Crypto Investors Take it Seriously?

In a continuation of bullish events this week, total volume reached an all-time high of $89 billion on the 3rd April. This compares to $28 billion when Bitcoin was at its peak in mid-December 2017. However, with accusations of fake volume still…
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Tron (TRX) May Remain Under Pressure Until Q2 2019

Tron price down but bullish Partnership with Tether is positive for TRX Transactional levels low but stand to rise in days ahead The collaboration between Tron and Tether should further innovation and provide extra liquidity for Tron based…
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After $10B Drop, Crypto Market Slightly Recovers: Why a Trader Expected Today’s Bounce

Following yesterday’s widespread crypto market plunge, most major cryptocurrencies have bounced slightly today, but they are still down significantly from where they were a week ago. The market’s recent volatility has led Tether, the largest…
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Bitcoin Futures Battle Heats Up With New Player, Will it Drive Crypto Market Recovery?

A lot of hopes have been pinned on institutional heavyweights entering the crypto space in 2019. The promise of more Bitcoin futures and crypto products from the big players could be the catalyst that drives market recovery. A new exchange has…
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Cryptocurrency Market Update: Tether Tops Stellar Taking Fourth Spot

FOMO Moments Crypto markets lick wounds from fresh lows; Stellar dropping back, Maker making moves. Crypto markets have made a very slight recovery from their fresh lows over the weekend but they are still on the floor. Total market capitalization…
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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD…
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Is Tether Trying to Price Itself out of the Stablecoin Wars?

Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to redeem USDT for USD) and in turn, Tether, with nearly $2 billion it outstanding units, had to re-establish…