The price of the world’s leading stablecoin, Tether (USDT), which is designed to be pegged 1:1 to a cash reserve of U.S. dollars, has dropped to below $ 0.95. This unprecedented market action has likely shaken investors that currently rely on the stablecoin as a relative digital asset safe haven, driving the conversion back to Bitcoin (BTC). […]
On September 13 the Money Button launched, allowing people the ability to integrate a Bitcoin Cash-powered payment button into any website or application. This week we tested the Money Button’s user interface with a website to see how easy it is to add a digital currency payment button.
According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is stored now prevents BTC from becoming a global reserve asset.