The Fall of Tether and What It Means for the Cryptocurrency Markets

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The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the…

Predicting Bitcoin to Go to Zero Will Send Your Reputation to Zero

Predicting Bitcoin to Go to Zero Will Send Your Reputation to Zero

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It’s been a good week for bitcoin (BTC), which is up 8%. But you wouldn’t think so to read the news. Alight on one of several mainstream media (MSM) outlets and you might have learned that bitcoin is crashing and on its way to zero. Taking cheap shots at bitcoin is great for attracting rage…

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

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Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins…