Indian Exchange Launches Lending Program for 5 Cryptocurrencies

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An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com. Also read: Crypto Enthusiasts Unite in 4 Indian Cities…

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

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For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest…

New Evidence Suggests Tether Does Not Have the Dollar Reserves It Claims

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Reports from the Central Bank of the Bahamas indicate that Tether Ltd. may have never deposited funds into the country. These findings could suggest that Tether may be holding their reserves elsewhere, or not have any reserves at all. In either case, the results could be catastrophic for the cryptocurrency markets. Investors have become increasingly…

Bitfinex Has Enabled Margin Trading for Tether?

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Strangely enough, the cryptocurrency exchange Bitfinex has introduced margin trading for Tether’s controversial stablecoin, USDT. The purpose of USDT is to trade at parity with the dollar, providing the stability of the dollar with the utility of a cryptocurrency. In an unusual announcement, Bitfinex has introduced a feature to enable margin trading, the process of…

Markets Update: Dump Drives Record BTC Volume on Binance, XRP Extends Lead Over ETH

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Cryptocurrency markets have continued to see significant losses, with BCH, BTC, and ETH posting new lows for 2018. Despite also losing fiat value, XRP’s gains when priced in BTC have extended its dominance over ETH. Also Read: ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs  BCH Posts All-Time Lows BCH has continued to produce…

Bitcoin Plunges to $5400: 12 Month Low, Market Sheds $25 Billion

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Bitcoin hits a historic 12 month low of $5400. The pre-eminent cryptocurrency has cratered 11 percent just within the last four hours. The enormous drop in price appears to be driven by major Bitcoin and derivatives exchange BitMEX, representing 34 percent of 24-hour market volume. The bear market continues. Following the hysteria experienced during the…

Tether Clears Air with New Banking Partner and Balance Sheet

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In an apparent attempt to bring an end to USDT’s unrelenting solvency saga, Tether Limited has procured a new banking partner and laid bare its “portfolio” reserves in an account statement dated Oct. 31. We are pleased to be able to confirm that Tether has an account with Deltec Bank & Trust Limited https://t.co/LSn64soUsC .…