Bitcoin's 2020 recovery saw peculiar stablecoin action

2020-7-5 20:00

If you've been in the cryptocurrency space for a while, you'll know that the second most important coin in the market is Tether. While the categorization of the stablecoin under the tag "cryptocurrencThe post Bitcoin's 2020 recovery saw peculiar stablecoin action appeared first on AMBCrypto.

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stablecoin bitcoin action saw 2020 recovery peculiar

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Stablecoin Exchange Inflow Mean Hits ATH, Why This Could Be Bullish For Bitcoin

On-chain data shows the stablecoin exchange inflow mean has reached a new all-time high, here’s why this might prove to be bullish for Bitcoin. Stablecoin Exchange Inflow Mean Has Surged Up To A New ATH Recently As pointed out by an analyst in a CryptoQuant post, these inflows can be positive for Bitcoin in the long term, but might be bearish in the short term.

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US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation.

2018-11-21 23:00


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South Korea: Kakao and Terra Partner to Create Blockchain Ecosystem, dApps, and Stablecoins

Kakao, South Korea’s largest mobile carrier, has signed a partnership with stablecoin project Terra to collaborate on a blockchain-based payments system, reported Korea Times on November 15, 2018. Kakao and Terra Partnership Kakao’s native blockchain platform “Klaytn” is a highly-scalable protocol with average block times of one second and the ability to deploy decentralized applications (dApps) for end users which.

2018-11-17 06:00


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Some very strange details have surfaced regarding Donald Trump’s newly appointed acting attorney general, Matthew Whitaker, and his involvement with a cryptocurrency for time travel. For years, Whitaker sat on the advisory board of World Patent Marketing, a marketing firm that has since been shut down by order of a federal judge, reports Mother Jones (via Cointelegraph).

2018-11-15 17:55


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CoinJar Cryptocurrency Exchange Founder Says Stablecoin Will Transform the Crypto World

At a time when stablecoins have become the rave of the moment in the cryptoverse, with several startups from Circle Internet Financial, Gemini, and others launching own dollar-backed altcoins, Asher Tan, the co-founder of CoinJar, a digital assets platform, has predicted a bright future for the price-steady alternatives according to a Financial Review report on November 12, 2018.

2018-11-13 06:00


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Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate

The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank.

2018-11-12 17:59


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