Tag: tether

Can the 2020 Stablecoins Finally Bring Competition to Tether?

In the cryptocurrency world, there is no shortage of stablecoin action. Despite numerous competitors launching, Tether continues to dominate this landscape with ease. Despite the uphill battle, several new products will come to market throughout 2020.  More Stablecoins Attempt to Dethrone Tether The question is whether they can be more successful than those stablecoins launching in 2019. With the likes of USD Coin taking another stab, Binance’s own BUSD, and …
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Longhash Claims There was no Whale Manipulating the Bitcoin Price in 2017

There are still plenty of people who believe the 2017 crypto price surge was a massive manipulation effort. LongHash researchers now indicate the “one whale theory” can’t be true, for a variety of reasons. In the research document, the company explains what really happened to the Bitcoin price during the 2017 rally.  There is no Tether Manipulation By creating their own Tether-related metric, they deemed it impossible for one user …
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Any way to stop Bitcoin falling?

Bitcoin broke our hopes again. We’ve watched it rise to almost $20 000 and drop back to $3k. In July with Bitcoin growing to $14k everyone expected it would skyrocket to $1 M. Unfortunately, anew, we see the falling star.  So, what’s wrong about Bitcoin? Bitcoin is a decentralized currency, which means that no authority or government regulates it. And this is not possible ever to change. In terms of …
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The Existence of Tether Whales is a Threat to Cryptocurrency

Very few cryptocurrency or blockchain projects make an impact on the scale of Tether and their USDT asset. In the case of this company, the public’s perception is anything but positive, despite how popular its asset has proven to be. New research by Coin Metrics confirms there are enormous Tether whales out there who own over $1m worth of digital dollars. The bigger question is whether these individuals and companies …
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