DOJ and CFTC Investigate Tether and Bitfinex

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Last May, the Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) opened a general investigation into price manipulation. Bloomberg reported on Tuesday that they appear to be investigating Bitfinex and Tether (USDT) specifically. This isn’t the first such investigation into Bitfinex and Tether Ltd The CFTC subpoenaed both in December of 2017. There … Continue reading “DOJ and CFTC Investigate Tether and Bitfinex”

Guide: The Best Exchanges to Buy Dash Cryptocurrency

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Dash, often called ‘digital cash’ is one the rapidly growing cryptocurrencies with an expanding market capitalization. It was launched in 2014; and since then it featured as one of the top digital currencies with the highest rate of adoption. As its name suggests, the aim of the cryptocurrency is to improve the usability of digital … Continue reading “Guide: The Best Exchanges to Buy Dash Cryptocurrency”

$2 Target: Why MobileGo (MGO) Has More than Doubled this Week

Posted on Categories Bitcoin, Blockchain, Cryptocurrency, Ethereum, Exchanges, General, News, Technology, UncategorizedTags , , , , , , Leave a comment on $2 Target: Why MobileGo (MGO) Has More than Doubled this Week

The MobileGo (MGO) token gained over 100% in just 4 days, pushing it into the Top 100 on CoinMarketCap.com.  In fact, it ranks at 84. MGO — The Xsolla Catalyst Gaming company Xsolla announce it will accept MobileGo for payments. Additionally, Bitfinex announced it will list the asset on its platform. “MGO will accelerate transformative … Continue reading “$2 Target: Why MobileGo (MGO) Has More than Doubled this Week”

Tether (USDT) Continues to Drop, More Tokens Pulled from Circulation

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The leading stablecoin Tether (USDT) continued to plummet by another 2.2 billion in the last 24 hours.  Additionally, another 250 million coins are out of circulation.  Customers continue to withdraw based on suspicion about whether the currency is actually fiat-backed.  Furthermore, the company still didn’t provide proof of this. Tether (USDT) does not reveal this … Continue reading “Tether (USDT) Continues to Drop, More Tokens Pulled from Circulation”

Tether (USDT) Stablecoin Sinks as Its Reputation Remains in Question

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Tether (USDT) is a  long-standing stablecoin.   Historically, its price remained at around the dollar mark, but today it’s closer to $0.90.  Its reputation has repeatedly come into question, leading to a massive withdrawal of investors. As a stablecoin, Tether (USDT) alleges to be backed by the USD However, some aren’t so sure.  And though Tether … Continue reading “Tether (USDT) Stablecoin Sinks as Its Reputation Remains in Question”

Venezuela’s Controversial Petro on Sale in November

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To hear Venezuela’s President Nicolas Maduro tell it, the Petro coin will be a game-changer for his country. In fact, he just announced the coin would go on public sale this November 2018. A website was just created for it.  Even a wallet is available on Google Play.  And, according to Maduro, all oil purchases … Continue reading “Venezuela’s Controversial Petro on Sale in November”

Bitfinex: Partners with EOS to Launch EOSfinex

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Cryptocurrency exchange, Bitfinex just partnered with blockchain platform to launch a new on-chain decentralized exchange. Beta Version is EOSfinex In fact, the new service will allow users to exchange their crypto against other currencies in a peer to peer transaction.  In addition, the network will be decentralized, which will guarantee better transparency. EOSfinex hopes to … Continue reading “Bitfinex: Partners with EOS to Launch EOSfinex”

Coinbase Joins Forces with Caspian for Cryptocurrency Adoption

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Coinbase is no stranger to great accomplishments in the crypto-verse. For example, the San Francisco-based global player in cypto-exchanges just forged a new deal with Caspian. Caspian Represents Something Completely New In Digital Assets Exchanges What makes Caspian unique is that it is the world’s first full-stack, institutional level risk management and trading platform. It … Continue reading “Coinbase Joins Forces with Caspian for Cryptocurrency Adoption”

Bitcoin: Market Remains Bearish Despite Recovery

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Bitcoin recovered from the 25-day lows over the weekend. However, this has not yet ended the bearish trends in the market, according to technical sources. Bitcoin Bearish Trends Continue BTC attained a price low of $6,119 on Bitfinex on Saturday, which was the lowest ever since August 14. This only served to bolster the bearish … Continue reading “Bitcoin: Market Remains Bearish Despite Recovery”

Mystery Wallet Moves $100 Million to Binance and Bitfinex

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Everyone loves a good conspiracy theory, and the cryptocurrency universe also happens to be one of mystery, intrigue, and shadows. There has been an enormous movement in Bitcoins and the Bitcoin forks from a large wallet. These had sat idle for nearly four years. Most fascinating is that they hold a billion American dollars in … Continue reading “Mystery Wallet Moves $100 Million to Binance and Bitfinex”