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China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Stablecoins went wild in the days before Bitcoin’s recent surge
23.10.2020
Retail investors are buying into Bitcoin, says CryptoQuant CEO
Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’
23.10.2020
ALSO: PayPal is said to be in talks to purchase cryptocurrency firms including BitGo. What does that mean for crypto?
Chinese Authorities Crack Down on Gambling Sites Using Tether Stablecoin
23.10.2020
Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency
Almost half a billion USDT minted in past 36 hours as Bitcoin rallies
22.10.2020
Of the 450 million new USDT tokens, more than 185 million have been distributed with 126.9 million USDT going to Binance alone
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
21.10.2020
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading...
First Mover: PayPal Rushes in and Bitcoin Breaches $12K, While USDC Gains on Tether
21.10.2020
PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether
Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi
21.10.2020
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades
Imagine Regulators Shutting Tether Down - What Happens to Bitcoin?
18.10.2020
Bitcoin (BTC), as a cryptoasset, is tethered to tether (USDT) tightly. Ever since becoming tradable in 2015, USDT has come to occupy an increasingly important part of the bitcoin and wider cryptocurrency ecosystem.
Now, USDT is the third-biggest token by market capitalization, and by virtue...
Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark
16.10.2020
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways
Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
14.10.2020
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume
Tether's market cap could overtake Ethereum’s next year — Bloomberg report
14.10.2020
Expect Bitcoin in the number one spot and Tether second by market capitalization before 2022
Crypto Market Sentiment Strenghtens Again; Tether Wins the Week
12.10.2020
Crypto market sentiment seems to be well on its path back to the positive zone. Following last week's growth to 5.18, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has made a larger step upwards this Monday, reaching...
Market Update: Bitcoin Captures $11K, Flash Buy Signals, Bollinger Band Squeeze
9.10.2020
Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340...
Cloudbet Launches Second Major Stablecoin With USDC
7.10.2020
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Coin to the portfolio of coins available to customers, marking the operator’s second major stablecoin integration after launching USD Tether in May. With the integration of USDC and USDT, Cloudbet now supports the biggest...
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
Total Stablecoin Supply Nearly Doubled in Q3, Adding Record $8B
1.10.2020
“2020 seems to be the year of stablecoins,” said Tether CTO
BuySellVouchers Indirectly Gives the Opportunity To Shop in the Popular Retail Chains With Bitcoin
30.9.2020
It is looking like good times in the retail industry as BuySellVouchers gives a solution that allows users of the platform to shop in the most popular retail chains with cryptocurrency. The innovative solution from one of the leading online marketplaces for digital goods allows shoppers to purchase...
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization
29.9.2020
The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s...
Bitfinex Launches Tether-Settled Perpetual Contracts Based on European Equities
28.9.2020
The perpetual contracts will be open for trading 24/7, unlike equity exchanges which are open for business for a limited number of hours, five days a week