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Clear Waters? Tether (USDT) Recovers, Bitfinex Bitcoin Premium Subsides

Insiders: Bitfinex, Tether Finally Establish Banking Relationships  Both Tether (USDT) and Bitfinex, which are two formidable names in the cryptosphere, recently lost their primary banking partner, Noble Bank, in a move that sent this nascent market and industry into a frenzy. Now, just three weeks…

Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded…

Crypto Startup Coinbase Doubles Down On Expansion Efforts

Crypto Startup To Open Dublin Office Amid Brexit Concerns Amidst tumultuous market conditions, on Monday night, America’s foremost crypto startup revealed that it had plans to expand its presence in the European market, divulging plans to open a new office in Dublin, Ireland. This startup is,…

Bakkt COO: Crypto Market Is Shifting, Institutions Will Enter

Bakkt Gives Status Update, Confirms Adam White News As reported by Ethereum World News last week, those familiar with the matter divulged that Adam White, Coinbase Institutional’s head, had unexpectedly left the San Francisco-based startup to join Bakkt, an up and coming crypto platform that…

Fidelity Opens Crypto Custody, Trading Desk For Institutions

Despite the suppressed crypto market, Wall Street firms are still showing an unprecedented level of interest in this nascent industry. Most recently, Fidelity Investments, one of the foremost financial institutions on planet Earth, has revealed plans to foray into the cryptosphere. Fidelity Finally Forays Into Crypto…

Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg

Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U.S. Dollar (USD) reserves…

“Dr.Doom” Misses 100x Upside on Bitcoin (BTC)… Woops

Nouriel Roubini, dubbed “Dr.Doom” for his pessimism and cynicism, recently doubled-down on his efforts to bash the cryptosphere, calling this market a “stinking cesspool.” However, this wasn’t the first time that he has slammed this nascent industry with scalding comments, as he began to attack…

Crypto Hedge Funds Boom Amid 2018’s Bear Market — Bullish Sign

Despite Nouriel Roubini’s cries that the cryptocurrency market, which he dubs a “stinking cesspool” is in a meltdown, the widespread establishment of crypto-focused hedge funds indicates that this industry is still seeing substantial growth. 20% Of Hedge Funds Launched In 2018 Are Crypto-Focused Per research…

Ethereum Co-Founder Vitalik Buterin And “Dr.Doom” To Go Head-To-Head In Debate

Nouriel “Dr.Doom” Roubini Bashes Crypto And Blockchain Industry Dr.Nouriel Roubini, one of NYU Stern’s economics professors, recently bashed the nascent cryptocurrency and blockchain world through a series of scalding comments and rants. For those who are unaware, Roubini infamously predicted 2008’s financial crisis, leading some…

Crypto Market Bounces, Ethereum (ETH) Surges Amid Short Seller Qualms

Bitcoin (BTC) Stagnates Amidst Altcoin Surge As covered by Ethereum World News previously, the cryptocurrency market finally broke its weeks-long streak of non-action on Wednesday, as a majority of crypto assets tumbled by upwards of 10%. Bitcoin, for one, moved under $6,300 for the first time…