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US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities

South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities

South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

The founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP.

TRON Credited with Powering Record USDT Growth

TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

THETA Sets New All-Time High as Theta Mainnet 3.0 Launch Anticipated for April

THETA Sets New All-Time High as Theta Mainnet 3.0 Launch Anticipated for April

The price of THETA has increased ten-fold in the past three months and has risen by over 200% since March. The strong driving force behind this comes from the anticipation of Theta Mainnet 3.0's launch in April.

Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board

Cryptocurrencies Added to the List of Top Threats to Investors by Texas Security Board

According to the latest Texas Investors Guide, Texas regulators have added cryptocurrencies to the list of top threats to investors. In an edition of the states Securities Board's “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulatory body included cryptocurrencies to the list of investments with potential red flags. The report described cryptocurrencies as extraordinarily volatile and challenging to grasp for people who are not professional traders.

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.

C10: An All-Weather Approach to Investing In Cryptocurrencies

C10: An All-Weather Approach to Investing In Cryptocurrencies

The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

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