USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
[Jun 15, 2023 12:55 AM] USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.
10 / 13 Relevant items tagged with #USDT
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Tether Shuffles The Deck: 750 Million USDT Shifted From Tron To Ethereum
[Jun 14, 2023 4:04 AM] The company behind the issue of USDT stablecoin, Tether Holdings, has announced that it will work with a third-party exchange to convert 750 million USDT from Tron to Ethereum ERC20 via a chain swap. With a current market valuation of $83.37…
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
[Jun 13, 2023 7:45 PM] While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes.
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
[Jun 11, 2023 7:30 PM] People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank…
Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin
[Jun 9, 2023 6:30 AM] On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain…
Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment
[Jun 8, 2023 1:00 PM] According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the…
Bitcoin, Ether Trade at Premiums on Binance.US as Investors Flee Following SEC Actions
[Jun 7, 2023 11:04 AM] The U.S. Securities and Exchange Commission was seeking to freeze assets on Binance.US after suing the exchange and its global sister-entity Binance, CoinDesk reported Tuesday.
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Tether invests in El Salvador's $1B renewable energy project
[Jun 5, 2023 1:38 PM] El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether.
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
[Jun 4, 2023 11:46 PM] Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
[Jun 1, 2023 5:24 PM] USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
[May 31, 2023 9:00 AM] The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
[May 30, 2023 1:30 PM] After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex
Crypto Market Alert: Tether Market Cap Fuel Hopes For Major Rally
[May 24, 2023 2:04 PM] Despite lackluster trade volume and price movements in the cryptocurrency market, Tether’s market cap is rising, nearing its all-time high of $82.9 billion. Tether, also known as USDT, is a stablecoin pegged to the U.S. dollar, making its…
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
[May 22, 2023 1:08 PM] Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
Stablecoin survival: Navigating the future amid global de-dollarization
[May 19, 2023 4:41 AM] The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
[May 18, 2023 10:45 AM] U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services…
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse
[May 14, 2023 12:40 AM] Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, the stablecoin has reclaimed its stable…
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
[May 13, 2023 12:00 PM] Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of…
Tether has $1.5B in Bitcoin reserves: BDO Italia
[May 10, 2023 2:30 PM] The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High
[May 10, 2023 1:00 PM] Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the…
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
[May 10, 2023 10:10 AM] The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
[May 6, 2023 3:30 PM] A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also…
Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete
[Apr 20, 2023 11:00 AM] The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share. In addition, the top 4 stablecoins’ market capitalization has…
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
[Apr 19, 2023 1:00 AM] It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending…