Hedge funds now bet against USDT, shorting the stablecoin using the Genesis platform. — Controversial stablecoin Tether ($USDT) is frequently making headlines concerning the lack of transparency, the reserves backing it, and the inefficiency of its executives to proceed with an independent audit from a top firm. It is quite possible for Tether ($USDT) to face serious issues soon, as new reports suggest hedge…

Sometimes everyone can be wrong, especially when we have to deal with the enormous volatility of the cryptocurrency market. All markets can be irrational for so long that it is difficult to estimate. Nobody expected Musk would enter a frenzy mode by publishing hundreds of Tweets to pump the price…

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…

Where money is, there is also danger, and cryptocurrency exchange hacks will always be a threat, reminding us that funds are not “safu” when we park our coins in centralized services. The notorious North Korean hacking team, Lazarous Group, is often accused of hacking cryptocurrency exchanges exploiting DeFi contracts, and…

Each cryptocurrency bull run has to come to an abrupt end with tears, sorrow, and drama overwhelming the crypto communities during the bearish cycle that follows. This time, Terra Luna initiated the crypto descent with its stablecoin (UST) that de-pegged and collapsed, dragging down the entire market and evaporating hundreds…

The current price of Bitcoin Cash is the direct effect of the two splits in the part of the Bitcoin community that proceeded with scaling and upgrading the code. Was it egoism that led the two teams that left Bitcoin Cash to proceed with a centralized version of Bitcoin Cash? …

Is Bitcoin Cash ($BCH) a sell at $100, or perhaps speculators sustain the price at historic lows while increasing their stack? I created this simple meme yesterday warning against selling BCH for fiat or BTC. Selling means losing hope. …

Beyond the rising Bitcoin Cash merchant adoption worldwide, the most recent news presents a wave of multinational corporations deciding to incorporate Bitcoin Cash as a payment method, with the use of Bitpay as a third-party processor facilitating transactions for the business side. Recently two more established companies announced they were…

Ignoring the overall market decline and negative sentiment that reminded us of the previous bear market, there is a short-term indicator we should not overlook. We examine the relation of BCH daily transactions with the market cap changes of another network (Litecoin) performing similar tasks (payments). While the functionality of…