Tether CEO to take ‘cautious’ approach to US expansion, eyes larger profits

On November 3, renowned Bitcoin advocate, Andreas Antonopoulos, took to Twitter to claim that URL shortening service, Bit.ly (Bitly), had blocked crypto-related links from his upcoming book.Cointelegraph has reached out to Bitly, and learned that the links “had been inadvertently blocked,” while the company has reportedly resolved the issue. Nevertheless, crypto-related bans still exist in…

A cross-market platform called LH-Crypto says its service gives traders the opportunity to transact across a plethora of cryptocurrencies and 200 other financial instruments — including forex on fiat currencies, precious metals, shares and commodities.Its beta version also enables users to participate in margin trading — a feature that it says helps distinguish its ecosystem from crypto…

Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewChina, US rumors lead the BTC sell-offCointelegraph Markets Pro and TradingView showed a brutal hour for Bitcoin bulls everywhere early on Sunday as the market went from $59,000…

For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.

Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about…

Evan Kuhn, the co-founder of Toronto-based cryptocurrency exchange Coinberry, has claimed Bitcoin (BTC) is more efficient for paying taxes than bank cards.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn said his company takes much lower fees than the ones that card institutions impose on their clients, adding: “A credit card company charges…

Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network. 735 Total views 6 Total shares Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total…

While game developers seem to hate the idea of Web3 coming into games, players who compete in gaming tournaments for a living seem to be open to trying out blockchain gaming. Professional Dota 2 player Erik Engel for Gaimin Gladiators, more commonly known by his gamer tag “Tofu,” expressed his thoughts on Web3 and how it…

Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13.Source ostensibly familiar with the matter told the WSJ that the firms — extending across the finance, e-commerce, venture capital and…