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Tether Mastermind Behind BTC Surge, Stays True To Its Position


Tether, the cryptocurrency that claims to be backed by a dollar for each USDT issued, is majorly a tool to mitigate risk against speculations rather than being an investment. Time and again, the coin has been staying true to its position in the crypto market. It has been a very engaging sight...

Bitcoin and Altcoins Under Pressure, Risk Of More Losses


This week, there was a fresh decline in bitcoin and altcoins. BTC/USD settled below the USD 11,000 support level to move further into the red zone. Recently, there was a sharp drop below the USD 10,500 support. The price even broke the USD 10,000 weekly pivot support and it could continue to move...

Bitcoin Transactions May Grow By $1 Million In Dark Net This Year


The price of Bitcoin may grow up or fall; the regulators from across the world may try hard to regulate it. Ordinary people may doubt its potential. But it is increasingly getting adoption in the dark web. According to a news published in Bloomberg today, there will be a record hike in the use...

Share of Illegal Bitcoin Transactions Declined to Less Than 1%


The proportion of bitcoin transactions tied to illicit deals is declining, according to blockchain research company Chainalysis. Illegal activity has accounted for less than 1% of all bitcoin activity so far this year — down from 7% in 2012, Bloomberg reported, citing Hannah Curtis, senior product...

Bitcoin Sell-off Continues, Price Drops Below USD 10,000


The most popular cryptocurrency, bitcoin, just declined below the psychologically important level of USD 10,000, where it was more than 10 days ago. At pixel time (05:44 UTC), bitcoin trades at c. 9,880 and is down by more than 11% in the past 24 hours and by 13% in the past week. In June, bitcoin...

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