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Tether and Bitfinex face new fraud lawsuit in Washington state, second in months

A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT. Tether has issued a response categorically rejecting wrongdoing and has dismissed the latest complaint as “absurd and groundless. дальше »

2019-11-25 11:28


Don’t Be Fooled by the Rise in U.S. Housing Starts; Real Estate Is Still Headed for Recession

U. S. housing starts rebounded sharply in October, while building permits jumped to fresh 12-year highs, offering signs that the real estate market is racing back to health. But as CNBC noted in its coverage of the monthly report, the rise in real estate activity largely coincides with a gradual decline in mortgage rates. дальше »

2019-11-20 01:30


US Federal Reserve: Stablecoins Can Be a Modern Medium Of Exchange If Well Designed And Regulated

The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […] дальше »

2019-11-19 00:53


Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase

Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

2019-10-29 09:00


Bitcoin Price Analysis: BTC Starts Fresh Rebound To $7,800

After a sharp decline, bitcoin price consolidated above the $7,400 level. Finally, BTC to USD started an upside correction and it is now trading above the $7,520 resistance. Key Takeaways: BTC/USD Bitcoin price is currently correcting higher and is trading above the $7,600 level against the US Dollar. BTC/USD broke the $7,520 resistance and a […] дальше »

2019-10-25 15:26


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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges

Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries. дальше »

2019-10-18 14:00