カテゴリー: Tether

Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims

Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study ClaimsOf the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term “working products” in a study recently published online. Newer ecosystem website, Invest in Blockchain, commissioned the study. It’s sure to be debated, and hotly, as to which coins made the cut to 36, but the authors attempt to […]

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Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, CanadaChinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into […]

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Markets Update: Bloody Crypto-Markets Suffer More Losses

Markets Update: Bloody Crypto-Markets Suffer More LossesLeading up until this Tuesday a great majority of cryptocurrency markets have lost considerable value over the past few days. Since our last markets update this past Saturday, the overall cryptocurrency capitalization as a whole has dropped significantly by losing $20 billion USD. All eyes will surely be fixed on digital asset charts this week […]

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Turkish Bitcoin Volume Soars as Traders Flee the Lira

Turkish Bitcoin Volume Soars as Traders Flee the LiraTrading volume on Turkish cryptocurrency exchanges has soared over the last 24 hours as citizens have sought refuge from the weakened lira. Turkey’s national currency has faced a torrid time on a day when President Recep Tayyip Erdogan accused the US of trying to “stab it in the back”. Trade volume on domestic exchange Btcturk […]

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An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend

An In-Depth Look at the Cryptocurrency Economy's 'Stablecoin' TrendBack 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 […]

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Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact

Stablecoins Gaining Popularity in India to Minimize Central Bank’s ImpactA growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. Also read: Yahoo! Japan Confirms Entrance Into […]

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Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban

Huge Demand for 'P2P' Crypto Trading Seen in India After RBI BanExchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. Also read: Yahoo! […]

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Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT

Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDTIn recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced […]

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Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’

Binance CEO Changpeng Zhao: With Tether 'Concern is Always There'During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting. Binance is one of the largest holders of Tether. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay […]

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The Daily: Coinbase Introduces GBP Pairs, Hitbtc Adds EURS, Bitpanda Offers EOS

The Daily: Coinbase Introduces GBP Pairs, Hitbtc Adds EURS, Bitpanda Offers EOSIn today’s Bitcoin in Brief, we cover several decisions made by leading cryptocurrency exchanges regarding new trading options offered to clients. UK customers of Coinbase will be able to purchase cryptocurrencies with British pounds, Hitbtc has added support for the new euro-pegged stablecoin, EURS, and European exchange Bitpanda offers EOS. Also in The Daily, US […]

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