104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research RevealsThe ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the […]

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide MarginThe BCH-centric web portal Bitcoinbch.com published on September 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives […]

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Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market

Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates the Crypto MarketThe operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read: Zimbabwe Bans Popular Mobile Money Services From Paying out […]

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German Bank Predicts BTC at $90,000 After Next Halving

German Bank Predicts BTC at $90,000 After Next HalvingYou wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]

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