The Top 10 Cryptocurrencies of 2018 to Know About

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Ever since its inception, Bitcoin has managed to maintain its spot on the top the most sought out cryptocurrencies, despite incessant volatility. While the year 2017 started with exponential growth, 2018 saw the prices crash.  However, there are still standout coins in the chaos.  Here are the Top 10, in our opinion. The Top 10 … Continue reading “The Top 10 Cryptocurrencies of 2018 to Know About”

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”

Malta-Based Binance Rolls Out a Third Stablecoin

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Lately, Binance cannot grab enough headlines. The Malta-based largest cryptocurrency exchange in the world is now adding a third stablecoin to its exchange lineup. In fact, the company revealed that it is now accepting PAX Paxos Standard Token deposits. Binance is doing something unusual with this particular new cryptocurrency offering. It is accepting the deposits … Continue reading “Malta-Based Binance Rolls Out a Third Stablecoin”

Stablecoin Market Champion Tether Losing Crown to TruUSD?

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Not so long ago, the Tether coin reigned supreme as the undisputed champion of the stablecoin galaxy. Suddenly that appears to be changing rapidly. Digifinex the Singapore-based digital assets exchange revealed that it will replace the stablecoin on its platform. They will dump USDT in favor of the TrueUSD of TrustToken. This is only the … Continue reading “Stablecoin Market Champion Tether Losing Crown to TruUSD?”

Despite Ban, Chinese Traders Still have Access to Cryptocurrencies

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Despite the crackdown on cryptocurrencies, Chinese traders are still trading them with Virtual Private Networks (VPNs). VPNs + Tether: Cryptocurrency Trading In fact, Chinese traders have been successfully using the tether (USDT) stablecoin to successfully enter and exit crypto markets without a problem. One US dollar backs every token issued for the Tether cryptocurrency. This is … Continue reading “Despite Ban, Chinese Traders Still have Access to Cryptocurrencies”

Tether (USDT) now the Eighth Most Valuable Cryptocurrency

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Tether may be no stranger to controversy. But it’s not stopping the coin from inching its way into the Top 10 cryptocurrencies. Record high hit by Tether Market Cap In August 2018, the cryptocurrency “printed” tokens worth $415 million. As a result, Tether now has a market cap of $2.7 billion, marking a new all-time … Continue reading “Tether (USDT) now the Eighth Most Valuable Cryptocurrency”