Posts Tagged: Tether

Bitcoin Drops; Tether Stability Challenged

Even though last week’s market was quite bullish and the trading volume remained consistently high, Bitcoin still failed to break past $5,800 over the past few days and establish a new support level. With bearish pressure appearing near the end of last week, the cryptocurrency slid down, putting hopes of

Bitcoin Takes a Plunge; Who Is To Blame?

Bitcoin suffered one of its worst weeks in 2018, dropping down below $5,000 for the first time this year. On Wednesday last week, the cryptocurrency was trading near $6,300, while only a day later a big sell-off hit the market that continued right until yesterday. Luckily, things have picked up

Bitcoin Hits $6,700; Search for Stable Coins Continues

A week after suffering a drop below $6,000, Bitcoin is again in the green zone and trading around $6,700, fueled by a predominantly bullish market. While the past weeks have shown that Bitcoin and other alternative cryptocurrencies are still quite vulnerable to shifting market sentiments, what’s positive to note is

Bitcoin Drops Below $10K; Facebook Bans Crypto-ads

Bitcoin’s struggle continues this week as the cryptocurrency fails to break away from correction and repeat the growing streak that took it to an all-time high of $20,000 last December. After rising to $12,000, Bitcoin started sliding at the beginning of the week and dropped again below $10,000. And judging

Bitcoin Over $12,000; Tether Fears Emerge

It is no longer surprising to see Bitcoin set new records, at least not with the mass attention the cryptocurrency has received from influential media houses and the tech/finance community. After losing some of its gains on Wednesday and Thursday, following a sell-off on the trading market, Bitcoin began recovering

Bitcoin back at $8,300 after Tether Hack

Bitcoin went through yet another stormy week-start as a hack of the Tether cryptocurrency caused panic on the trading market and sent the BTC price plunging by over $400 dollars in a matter of a few hours. Luckily, the price drop was only temporary and Bitcoin began climbing back to