Tether calls thesis behind USDT short-selling ‘flat out wrong’

Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using a thesis that is “incredibly misinformed” and “flat out wrong.”  In a blog post from July 28, Tether pointed to a June 28 Wall Street Journal podcast in which host Luke Vargas […]

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Aave passes decentralised stablecoin proposal

A proposal to have the Aave DAO introduce a decentralised, multi-collateral-backed stablecoin dubbed GHO, has passed following a community vote, Aave Companies has announced. According to the platform, the USD-pegged stablecoin received a greenlight from the DAO community with an overwhelming support of 99.99%. The community has given the greenlight 🟢 for GHO 👻 The next […]

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Pro traders may use this ‘risk averse’ Ethereum options strategy to play the Merge

Ether (ETH) is reaching a make-it or break-it point as the network moves away from proof-of-work (PoW) mining. Unfortunately, many novice traders tend to miss the mark when creating strategies to maximize gains on potential positive developments. For example, buying ETH derivatives contracts is a cheap and easy mechanism to maximize gains. The perpetual futures […]

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Bitcoin mining is a bounty that’s good for all of humanity: Burnett

Blockchain infrastructure and cryptocurrency mining company Blockware Solutions analyst Joe Burnett stated that the crypto community must debunk the myth that Bitcoin is bad for the environment. The expert discussed the need to adopt a complex and multidimensional view on energy use for crypto in the first edition of Cointelegraph’s research panel. Explaining his belief […]

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Philosophically, It Doesn’t Matter Whether Cryptos Are Securities; Practically, It Does

Of course, if this practicality applies to you specifically, then yes, it does matter. In that case, you should weigh the probability of bitcoin or ether being labeled as securities (which seems low at this point) and weigh the probability of other cryptocurrencies being labeled as securities (which seems higher at this point after the […]

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6 Questions for Kim Hamilton Duffy of Centre – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Kim Hamilton Duffy, director of identity and standards at Centre Consortium — an open-source technology project designed to […]

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Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%

Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bart Simpson” greets traders into BTC monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD canceling out all its gains from early in […]

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