Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg

The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source […]

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A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K

In the absence of motivating factors, BTC/USD experienced what could be called a commemorative pump Tuesday. Bitcoin (BTC) saw a sudden surge Dec. 18 to regain support at $3,500, sparking a fresh round of gains across major cryptocurrencies. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 confirmed the unexpected reversal in Bitcoin’s […]

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Blockstream Launches 5th Satellite Streaming Bitcoin Blockchain From Space

Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin blockchain to all of Earth’s major land masses Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses, Forbes reported Dec. 17. The wider coverage — […]

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Report: Traditional Investors Shift to Over-The-Counter Bitcoin Markets

Research firm Diar has found that institutional traders have shifted to OTC Bitcoin markets. In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets. Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange […]

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Hong Kong’s New Regulation ‘Might’ Be Harmful for Local Crypto Industry, Experts Say

Hong Kong’s stricter rules for crypto businesses that force them to get licenses for trading might be harmful for the industry, local experts say. New regulations for crypto-related companies, which Hong Kong’s Securities and Futures Commission (SFC) earlier announced, might prevent crypto entrepreneurs from entering the market. Expert comments on the situation were reported by […]

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