El Salvador Aims To Bring Investment To Bitcoin City – Ambassador
El Salvador became the first nation to make Bitcoin a legal tender in September 2021. Currently, the country is focused on building a Bitcoin City. There have been many delays ...
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Tag: Bitfinex
Suspect ‘Shadow Banker’ Reggie Fowler Wants A 6-Month Sentencing Delay
Reggie Fowler is a former NFL team owned who is also an alleged ‘shadow banker.’ He might face 30 years of imprisonment once convicted. He asked the court of the ...
CFTC Hands Tether And Bitfinex A Cumulative $42.5M Fine
On October 15, 2021, the Commodity Futures Trading Commission (CFTC) handed sister cryptocurrency firms Bitfinex and Tether fines totaling $1.5 million and $41 million respectively. The fines were handed citing ...
Tether Stablecoin Is Wholly Backed – New Assurance Report
Tether Holdings Limited has published an assurance opinion to acknowledge that Tether tokens are entirely backed by its reserves. The company is behind the world’s biggest stablecoin Tether (USDT). Tether’s ...
Tether Market Cap Exceeds $40B, Growing 1000% In 12 Months
On March 24, Tether (USDT), the world’s most liquidated stablecoin, recorded another major milestone as its supply growth continues to surge. The market’s biggest stablecoin surpassed $40 billion in market ...
Massive Leverage Caused $500M Worth Of BTC Liquidations In An Hour
Data shows that the latest bitcoin correction resulted in a record $500 million worth of BTC liquidations within 60 minutes on major exchanges. The BTC markets strongly rejected the $60,000 ...
Goldman Sachs Is Not A Bearish Indicator For The Bitcoin Market
Bitcoin has been on a roller coaster in recent months, Since breaking above $20,000 in mid-December, the flagship crypto has gained to peak at just above $58,000 before correcting by ...
Bitfinex Denies Bitcoin Price Manipulation, Say Tether Is Fully Pegged
Bitfinex executives have come out to deny allegations that Tether (USDT) is used to manipulate the bitcoin price. Tether is a stablecoin that is backed 1-to-1 to the US dollar. ...
Bitcoin Whales Cluster To Form A Major Support Level Underpinning The Rally
Bitcoin whales are not missing out on the party. BTC whale clusters show that $23,409 is a critical support zone. That means the current rally has a strong support floor. ...
Tether (USDT) Market Cap Surpasses $20 Billion
A record high for the biggest stablecoin comes as BTC cools around its highest-ever levels around $23,000. Tether (USDT), the biggest crypto stablecoin, has now surpassed a $20 billion market ...