Markets Update: Exchange News from South Korea Brings the Bitcoin Bears

Cryptocurrency prices are sliding downwards since our last markets update, as the top ten digital assets are all seeing a loss of gains on January 8. BTC/USD markets reached a high of $17,200 on Saturday evening on January 6, but the value has dropped since then to a low of $13,900 per BTC. The price … Read more

After The Rise of its Controversial ”Digital USD” Tether Releases EURTs

Tether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics … Read more

Tether Issues USDT and EURT Tokens on Top of the Ethereum Blockchain

The Tether company has quickly made an impact in the world of cryptocurrencies. Although there are some concerns about the company and its liquidity, it is moving ahead in an effort to expand its presence. Its latest venture involves using both USDT and EURT on top of the Ethereum blockchain. It is a pretty interesting development, considering that both of these currencies … Read more

Markets Update: Cryptocurrencies See Big Gains After New Year’s Day

The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during … Read more

Tether Won’t Redeem Americans, Terrorists and Other Bad Actors

Living in a country known for having some of the toughest financial regulators in the world has its advantages and disadvantages. While it may deter the more cautious international scammers from targeting you it can also hurt your ability to conduct normal business. American cryptocurrency traders are now facing this situation with Tether. Also Read: Exchanges … Read more

Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to … Read more

Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days. Also Read: Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex Tether First Emerged in … Read more