MtGox Creditors Repayment Is Just Days Away! — Imagine being forced to “hodl” Bitcoin for eight years, watching the market volatility and the new Bitcoin ATH. Knowing you possess life-changing wealth but not having the option to move or use it. This is exactly what the MtGox users experienced. The announcement of the MtGox collapse appeared at a…

Tether ($USDT): A Single Point Of Failure For The Crypto Industry — Vitalik mentioned Tether in the past, calling it a “ticking time bomb” for Bitcoin (BTC). However, Vitalik didn’t analyze the effect of a Tether implosion in the overall industry, especially in Ethereum DeFi, a predominantly USDT-based market. Considering the volumes of Tether ($USDT) trades in top Ethereum DeFi platforms and…

During bullish cycles, prices of cryptocurrencies rise abruptly, while profitability in mining operations of PoW networks flourishes as miners expand their operations and increase hashrate. New mining farms appear, and new ASIC models are sold out immediately. Things are not always rosy in the Cryptoverse, though. Euphoria doesn’t last, but…

USDT, a stable coin with limited transparency and a model that attracts various allegations, so far manages to survive unhindered by market downturns. USDT delivers a perfect indicator for the market direction, since traders can “play” the stablecoin’s new mints or the rare occasions Tether burns USDT to stabilize and…

How The “Merge” Process Will Split The Ethereum Chain! — A community split and division is not a reason to celebrate. With Ethereum’s “Merge” hard fork the chain will split. The “Merge” process will mark the end of the Proof-of-Work era (mining) for Ethereum, as with this upgrade, Ethereum embraces Proof-of-Stake (staking). Miners that secured the network for eight years…

Why Tether Will Never Be Audited — Tether ($USDT) reached close to the market cap the CTO of the stablecoin predicted at the beginning of the 2020–2021 boom cycle for cryptocurrencies. Paolo Ardoino (Tether’s CTO) predicted USDT could easily reach a $100 Billion market cap, a move that suggests the circulation of 100 billion $USDT tokens in…

How to Deinvest at the Top of the Next Bubble! — We plan for the best and the worst and set our investing targets. We have already explored in previous articles how to improve our results and how to spot the market top and bottoms, although we concluded this can’t be done with accuracy. We do not know where exactly the…

Bitcoin Cash Celebrates Its Fifth Anniversary! — Today, Bitcoin Cash celebrates its fifth anniversary. As a brand, Bitcoin Cash first appeared in 2017. As a network, it is the continuation of the Bitcoin blockchain, tracing its lineage back to Bitcoin’s Genesis block. On August 1st, 2017, the Bitcoin upgrade increased the blocksize limit following the vision of…