Crypto markets are hard to predict. It’s true. It’s doubtful that Satoshi (whoever he or she may be) would have anticipated the 2017 Bitcoin bubble. However, with so much now in play here and an excessive amount of wealth held by crypto whales and institutions, why are we–the majority of […]
Tag: tether
Bitcoin Price Watch: Currency Remains at $6,400, Good Sign Things Aren’t Slumping
At press time, bitcoin remains in the lower $6,400 region, and is virtually unchanged from yesterday. The father of crypto – like every digital asset in today’s market – has exhibited heavy signs of volatility over the past week, typically hopping around between $6,000 and $6,500. Thus, it’s nice to […]
Unusual Activity Suggests Tether Trading on Kraken Is Being Manipulated: Report
Three weeks after a University of Texas professor published a report alleging that Tether and Bitfinex had manipulated the price of Bitcoin all throughout 2017, a new report has emerged that questions the stablecoin’s trading pattern on Kraken, an American crypto exchange. The report was published on Bloomberg and included […]
OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue
The cryptocurrency industry has grown tremendously over the past few years. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. As such, exchanges need to be wary of any developments which could pose a threat to their businesses. The […]
Positive News Keeps Flowing in, but Bitcoin’s Price Still Down
There was a time when even the slightest hint that a new development was taking place in the crypto industry would drive prices up instantly. Reddit accepting Bitcoin was enough to drive the price of Bitcoin up by hundreds of dollars in just a few hours; rumors that Coinbase would […]
Law Firm Hired by Bitfinex Confirms Tether Reserves
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. However, a June 20 report suggests the […]
Researchers Claim Tether and Bitfinex Manipulated the 2017 Bitcoin Price Surge
Rumors regarding Bitcoin and price manipulation have been present for quite some time. It seems things are accelerating in this regard, with multiple investigations taking place as of right now. A new study indicates that Tether may have been involved in market manipulation in more ways than one. The Tether […]
Bitcoin Price Watch: Currency Falls By $500
In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate […]