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Tether, the company behind the biggest stablecoin in the world, has launched Tether Gold, a digital asset providing exposure to physical gold. According to the company’s announcement, XAU₮ will be available both on Ethereum and on TRON and will represent one troy fine ounce of gold. Tether diversifies into traditional assets, launches gold-backed cryptocurrency Tether […]

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4.6 billion. Pornhub […]

If you were around on Crypto Twitter last week, you likely remember Peter Schiff—CEO of Euro Pacific Capital and a long-time skeptic of Bitcoin—was all the rage on the weekend; I opened up my timeline and Schiff’s name appeared again and again and again. For those who missed the memo, on Saturday he wrote in […]

The Bitcoin price tends to move in a trend that deals maximum pain for both bulls and bears in the market — and this time is seemingly no different. Based on previous fractals, one popular cryptocurrency technical analyst said that the Bitcoin price is more likely to pull back to the low $5,000s to establish […]

Following President Xi Jinping’s decision to embrace blockchain technology, different federal agencies within China stepped forward to abide by the new order. Now, several industry experts held a seminar to create an elaborate digital system of governance. A new social credit system using blockchain technology On Jan. 14, a seminar was held in Beijing dubbed […]

The latest Coin Metrics report found that about 72 percent of all Bitcoin in circulation now has unrealized gains. The huge rise from December’s 50 percent shows that the vast majority of Bitcoin has an estimated cost basis of less than $12,000. At these levels, only a small price increase could trigger a bull market, […]

Trading volume for Bitcoin (BTC) options from the Chicago Mercantile Exchange, or CME Group, has increased by over 100 percent in just the first week after their launch. Bitcoin options volumes more than doubled in the seven days following their introduction on January 13, 2020. The volume recorded, as of January 17, was 122 contracts, […]

Bitcoin and Ethereum have been highly correlated over the past couple of years. The association between the top two cryptocurrencies by market capitalization shows the lack of diversification opportunities that investors have in this industry. The highest correlated asset Investopedia defines the term correlation as a statistic that measures the degree to which two assets […]

Ethereum has been able to begin gaining some tempered momentum following its recent drop to lows of $162, as ETH has now pushed its way back up towards the $170 region. Although the cryptocurrency is still trading down slightly from its recent highs of $177 that was set this past Saturday, its ability to hold […]

The Cardano Foundation is making significant strides to push forward the adoption of its native cryptocurrency. The non-profit organization has set up a new release cadence, with new updates and releases expected every week that are meant to improve the network. The massive amount of work put into the development ADA could soon pay off. […]