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Markets Update: BTC Prices Suffer from a 65% Loss Since December

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Bitcoin prices and cryptocurrency markets, in general, have been declining in price for the past six weeks straight with a few bounces here and there. Currently, BTC/USD markets have reached the lowest price in weeks touching $6,600 on February 5, 2018, erasing the past three months worth of gains. Also Read: China Censors Cryptocurrency Ads on … Read more

Trading Tip `The Wall´ – I Was Wrong

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Last week, I made an analysis of the bitcoin price situation. My analysis noted that while the rumors of Wall Street price manipulation was most likely false, the fear was real. Despite that, the price did not break under $10,000. Because my inclination towards bitcoin is bullish (based on the the positive sentiment around the … Read more

Tether Printed One-Third of All USDT After Receiving Subpoena

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Following the recent announcement that Tether received a subpoena from the United States Commodity Futures Trading Commission on the 6th of December, it has become apparent that over one-third of the total supply of Tether was created after the date of the subpoena’s delivery. Also Read: U.S. Regulators Send Tether and Bitfinex Subpoenas Supply of USDT … Read more

Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

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Cryptocurrency markets are suffering from new lows on the first of February as nearly every digital asset is down 3-20 percent. Since the last week of December 2017, bitcoin core (BTC/USD) markets are seeing a continuous downward spiral not seen since 2014. At the moment BTC is desperately trying to climb above the $9K region … Read more

U.S. Regulators Send Tether and Bitfinex Subpoenas

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There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming … Read more

Tether Severs Ties With Its Auditor, Leaving Its Accounts Shrouded in Mystery

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Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began to wonder whether … Read more