Search
Crypto Market Sentiment Leaves the Positive Zone; Only Tether Green
1.3.2021
Source: iStock/da-kuk
Along with the drop in prices this past week, came a drop in the market sentiment as well. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell out of the positive zone after three weeks, recording 5.77 today, compared to last week's...
Tether hit with 500 Bitcoin ransom demand — but says it won't pay
1.3.2021
The USDT stablecoin issuer says it received a $23 million ransom demand payable by March. 1. The deadline has since passed, and Tether isn't paying
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
1.3.2021
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin...
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions
28.2.2021
Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out
Law Decoded: Loose ends and long dramas, Feb. 19–26
26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
24.2.2021
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the...
Tether And Bitfinex Settle With the New York Attorney General's Office
23.2.2021
Source: iStock/standret, Cryptonews.com
Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office.
"After 2.5 years and 2.5m pages of info shared,...
Tether to report reserves and pay $18.5M fine after settlement with NYAG
23.2.2021
New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents
Crypto Market Sentiment Remains Positive, Tether Drops
22.2.2021
This week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins remains positive at 6.25 out of 10, but it is slightly lower compared to the previous week’s 6.43, according to crypto market sentiment analysis site Omenics data.
The top cryptocurrency - bitcoin...
Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel
20.2.2021
Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
19.2.2021
"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says
Binance Coin Topples USDT to Become the Number Three Crypto After a 300% Price Surge
19.2.2021
The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19. At the time of writing the token is fluctuating around its all-time...
Bitcoin and Ethereum Hold Gains, BNB Flips Tether and Tests USD 250
19.2.2021
Bitcoin price started a short-term downside correction from the USD 52,750 all-time high. BTC declined below USD 52,000 and USD 51,500. However, the bulls were active and the price is currently (05:00 UTC) trading well above the USD 50,500 support zone.
Besides, there were mostly positive moves...
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...
USDT-settled futures contracts are gaining popularity, here’s why
15.2.2021
Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader?
Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher
12.2.2021
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans
Too late for Tether 'FUD' as Bitcoin price poised to hit $63K, says trader filbfilb
10.2.2021
Accusations around Tether bringing down Bitcoin at a later date are dead in the water, the analyst argues in the wake of S&P500 adoption
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
5.2.2021
Bitfinex says early Friday it repaid fully of the loan to Tether