[Feb 5, 2024 1:00 PM] On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable…
[Feb 2, 2024 10:00 PM] Bitcoin (BTC), the largest cryptocurrency by market capitalization, closed January above the $40,000 threshold, signaling positive price action. However, market expert Justin Bennett suggests that Bitcoin’s bottom has yet to be reached. …
[Feb 1, 2024 9:00 AM] The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin…
[Feb 1, 2024 8:30 AM] In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8…
[Jan 31, 2024 11:36 AM] Announced today, Tether, the leading stablecoin issuer, has emerged with a robust balance sheet showcasing ownership of over $2.8 billion in Bitcoin. The information comes to light following an audit conducted by BDO, a renowned auditing firm, as…
[Jan 31, 2024 8:30 AM] In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in…
[Jan 24, 2024 6:30 AM] A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such…
[Jan 19, 2024 5:00 PM] In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio. Tether…
[Jan 18, 2024 9:46 AM] The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
[Jan 17, 2024 3:13 PM] Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT. Maybe it’s time we all started to believe in Tether, despite the “truthers”?
[Jan 17, 2024 3:30 AM] Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to…
[Jan 16, 2024 2:30 PM] Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor…
[Jan 16, 2024 12:39 PM] Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behemoth: Does Tether have the…
[Jan 16, 2024 5:30 AM] The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are…
[Jan 16, 2024 5:25 AM] Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.
[Jan 16, 2024 4:00 AM] Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: a United Nations report linking USDT to a…
[Jan 8, 2024 4:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina…
[Jan 3, 2024 3:30 PM] A bitcoin wallet, believed to be linked to Tether, the leading stablecoin issuer, has ascended to become the tenth largest holder of bitcoin. This elevation occurred after an accrual of 8,888 bitcoin from Bitfinex as the year concluded. Presently…
[Jan 2, 2024 10:30 AM] The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged…
[Dec 24, 2023 8:30 AM] Trader and financial analyst Peter Brandt says that BTC “halving hype is a whole lot of excitement over nothing,” while developments point to imminent SEC action on the spot bitcoin exchange-traded fund (ETF) front. In other popular…
[Dec 19, 2023 11:28 AM] Stablecoins are “something we're putting strong resources towards, because we know it's a growing area both in traditional and new financial areas,” a leading S&P analyst said.
[Dec 17, 2023 7:30 PM] Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are…
[Dec 16, 2023 11:24 AM] Tether has reacted to lawmakers' requests for DOJ action over its stablecoin use, claiming it wants to be a "world class partner to the U.S."
[Dec 13, 2023 9:58 AM] USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
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