Cryptocurrency news today 15 Oct

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Cryptocurrency news today 15 Oct

Team Cryptocoins.group presents to your attention our regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

Monday October 15, the cryptocurrency market have sharply moved. Morning stars out Coinmarketcap showed 10 percent growth in most of the top crypto-currencies, by mid-day growth rates decreased approximately two times. Bitcoin and ether added 5.5%, a 7% increase in cryptocurrency XRP. Other top cryptocurrency has gained 3-4%.

The biggest surprise Monday was the fall stablon Tether. The coin, which rate shall be pegged to the dollar at a 1:1 ratio, at some point fell to $0,93. At the end of the day USDT is trading at $0,96, which is also far from the desired prices.

This morning on Bitfinex cryptocurrency exchange bitcoin exchange rate jumped to $7788. Most major shopping areas, the rate stayed at $6750 – the difference amounted to more than $ 1,000. On Kucoin and Bittrex bitcoin at some point rose above $ 7000 dollars.

On Bitfinex the rise of bitcoin coincided with the fall of the Tether to 0.93 dollars. Some users even suspect that the company Tether lost control of his steilcoom or even went bankrupt. On the other cryptomeria, which traded USDT, bitcoin price was also higher in the market. On Kucoin for a few hours having problems with the input and output USDT, which further excited the market. However, the platform has resumed Tether after a few hours. The cryptanalyst Alex Kruger, commenting on the event he wrote on his page on Twitter: “would Be a great irony if the collapse of the Tether will help bitcoin to get out of a bear market”.

While it is not clear why such a sharp drop USDT, but experts have build different hypotheses. Many people associate the collapse of the Tether with the problems in banking, but in the course of coins could also be affected by the rumors about delisting USDT with the world’s largest crypto currency exchange Binance. The user boxmining has published on his page in Twitter message that allegedly came to him in the mail from Binance, which reports the delisting Tether. A message immediately appeared suspicious to many, one of the paragraphs was copied from the letter on the actual delisting of four assets, which Binance officially announced last week. After a few hours the situation commented the head of the Binance Chunpeng Zhao, who noted that the message is an obvious fake, and representatives of the crypto currency exchange would have never called the popular cryptocurrency “the big Scam” – and such a formulation appeared in a letter.

The crypto currency exchange OKEx, last week after Binance announced the delisting Bytecoin, announced the addition of the platform just four tablconv: TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX). Users can make deposits in these currencies, and the ability to make transactions starting on Tuesday. Interestingly, all these coins will be traded in pairs like bitcoin and Tether.

The test network broadcast Ropsten, at the block 4,230,000, was activated by the update of Constantinople. The launch was not without rough edges: for some time the blockchain stalled on the block 4,299,999, and when the condition was resolved, it turned out that the network does not pass the transaction. The representative team of the African Shodan commented with testator, stating that problems occur not because of flaws in the update, and due to the fact that many miners have not updated. Shodan told about the problems with the consensus in Ropsten. In his opinion in the core network hardwork will be held until next year.

The Monero team is also preparing to upgrade its network. It should be held October 18 on the block 1685555. The update will allow you to integrate the blockchain cryptocurrency technology Bulletproofs, which will improve the system of evidence of the transaction.

Stay tuned not to miss any important event from the world of cryptocurrency!

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