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Bitfinex Vows to End Deposit Freeze as ‘Stablecoin’ Tether Falls Below 90 Cents

USD-backed stablecoin Tether (USDT) fell below $0. 90 on Bitfinex as concerns over its reserves forced traders to buy Bitcoin and other digital assets.   Tether Drops 5 Percent While Major Assets Jump Data from Coinmarketcap shows a sudden fall in USDT , countered by a 5 percent rise in the price of Bitcoin (BTC) , coinciding with news that exchange Bitfinex would resolve its ongoing fiat deposit freeze by Tuesday. дальше »

2018-10-15 12:30


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »

2018-9-13 18:07


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Report: Tether Printing is Failing to Pump Bitcoin and the Crypto Market

Pumping the cryptocurrency market is proving to be a difficult task for “whales” and digital asset exchanges, researchers at Bloomberg believe. $500 Million USDT in August Alone As observed by the Bloomberg, over $500 million in controversial stablecoin Tether (USDT) has been “printed” throughout August, without a significant increase in Bitcoin’s (BTC) price. дальше »

2018-8-25 00:00


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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


IBM и Stronghold выпустят новый stablecoin

В ближайшее время на криптовалютном рынке появится ещё один стабильный токен, который выпустит стартап Stronghold в партнерстве с американским технологическим гигантом IBM. Как и USDT, новый стейблкоин USD Anchor будет привязан к доллару США, и будет построен на платформе Stellar. дальше »

2018-7-17 18:51


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Malta-based Company Launches Stablecoin Backed by Euro: EURS

Stasis, a financial tokenization platform recently announced the launch of EURS, a new stablecoin built on the EIP-20 standard of the Ethereum network, which will be backed 1:1 by real Euros. This move was to be expected upon seeing the success that other stablecoins like USDT and TUSD have had in the crypto-verse as means […] The post Malta-based Company Launches Stablecoin Backed by Euro: EURS appeared first on Ethereum World News. дальше »

2018-7-14 07:50


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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


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