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Tag Archives: Tether

Bitfinex Introduces Margin Trading for Tether (USDT)

Hong Kong-based cryptocurrency exchange Bitfinex announced on Friday it had launched margin trading for Tether (USDT) against US dollar, as it seeks to improve its stablecoin offering “in line with market evolution and consumer demand”. “Today, adding margin trading on USDT/USD pair will not only allow for more efficient price …

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Bitcoin Cash (BCH) Rallies as Volumes Recover

Bitcoin Cash (BCH) gained more than 24% overnight, starting a series of jumps on Monday around 16:00 UTC. It reached $115.49 on volumes above the equivalent of $283 million. The recovery is still far from compensating for the losses incurred after exchanges awarded the BCH ticker to the BCHABC market. …

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EOS Stages Impressive Recovery as Users, Addresses Grow

EOS managed a dramatic recovery in the past day as markets went into positive territory. The coin, which had prompted shorting and predictions of dropping to $0.50, rallied strongly instead, gaining nearly 30% in one day. EOS reached $2.52 as of 6:00 UTC, climbing to number four by market capitalization …

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CV Market Watch™: Weekly Trading Overview (7-14 December)

Bitcoin (BTC) remains highly unstable, and is creating expectations of dramatic moves below the $3,000 range. BTC expanded its year-on-year loss to greater than 80% as the markets face pessimism and a lack of fresh investment. Bitcoin (BTC) Regains Trading Dominance as Market Prices Fall Bitcoin (BTC) had a relatively …

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Bitcoin (BTC) Regains Trading Dominance as Market Prices Fall

Altcoin fatigue has taken over the crypto markets, and most trading activity has circled back to concentrate on Bitcoin (BTC). Typically, the original cryptocurrency takes up around 30% of all trades, but the proportion increased to more than 37% as of December 14. While prices struggle to remain in their …

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Tezos (XTZ) Price Spikes on Huobi Global Listing

Tezos (XTZ), one of the top 20 cryptocurrencies by market cap, rose more than 3% on a daily basis on Thursday morning UTC after digital assets exchange Huobi announced support for the coin on its international platform. XTZ will not be added to the trading rosters of Huobi Korea and …

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Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token

Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its financials, including the euro reserves backing the startup’s EURS token. The engagement aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros. Many cryptocurrency investors and traders …

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Stablecoin Issuer Stasis Promises Full Audits of Euro-Backed Crypto Token

Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its financials, including the euro reserves backing the startup’s EURS token. The engagement aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros. Many cryptocurrency investors and traders …

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Crypto Exchanges Bitfinex, Ethfinex List Package of Stablecoins

Virtual asset market Bitfinex and its sister Ethereum ERC20-orientated exchange Ethfinex have launched a package of US dollar-pegged cryptocurrencies. The moves were made simultaneously on Tuesday and came around two weeks after the United States Department of Justice (DOJ) began an investigation into Bitfinex and Tether (USDT) links and their …

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Thai Exchange Operator Satang Plans $10M Security Token Sale

After the precipitous drop in initial coin offering (ICO) investments, several companies are regrouping and planning security token offerings (STOs). The latest Asian venture with such intentions is Satang Corp, a Thai-based crypto exchange operator, Nikkei Asian Review reported. Satang is undertaking the token sale with the support of the …

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Crypto Volatility Continues as Bitcoin Remains in $4,000 Range

Investing.com – Cryptocurrencies were lower on Tuesday, with Bitcoin struggling to get out of the $4,000 range. Bitcoin fell 0.85% to $4,009.40 on the Investing.com Index, as of 9:06 AM ET (14:06 GMT). Digital coins have fallen dramatically in recent weeks, with Bitcoin trading at 80% less than its value …

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Ripple’s XRP (XRP) Gets Listed on KuCoin Cryptocurrency Exchange

Singapore’s virtual currency exchange KuCoin announced on Monday support for Ripple’s cryptocurrency XRP (XRP) in eight trading pairs. The move came around two weeks after the coin overtook Ethereum (ETH) as the second-most-valuable digital asset. KuCoin added XRP to all of its markets at 0930 UTC on Monday. The platform …

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