18 / 23 Relevant items tagged with #tether

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Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer

[Jun 10, 2023 4:00 PM] On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%…

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…

Tether’s game plan in El Salvador: Why invest in Volcano Energy?

[Jun 9, 2023 2:33 AM] Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC.

Binance vs. SEC: How low can BNB price go?

[Jun 8, 2023 6:30 AM] BNB is clinging on to its short-term bullish bias amid the Binance-SEC fiasco, but a 30% price decline is still on the cards.

El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment

[Jun 7, 2023 2:28 AM] Volcano Energy said the funds would go toward developing a 241-megawatt power generation park.

Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

[Jun 5, 2023 2:00 PM] Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano…

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.

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

[Jun 5, 2023 8:00 AM] Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar

[Jun 5, 2023 3:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a…

Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

[Jun 2, 2023 3:30 PM] This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.

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

[Jun 1, 2023 8:30 AM] On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by…

Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps

[Jun 1, 2023 5:22 AM] At a time when USDT is touching new market cap highs, other stablecoins are struggling to keep their market share.

TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch

[May 31, 2023 12:00 PM] Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data.

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 To Begin Bitcoin Mining Operations In Uruguay

[May 30, 2023 1:23 PM] Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company…

Tether moves into Bitcoin mining in Uruguay

[May 30, 2023 10:15 AM] As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.

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.

The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT

[May 29, 2023 2:30 PM] Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin…

USDT market share jumps amid economic uncertainty, USDC shrinks

[May 28, 2023 11:39 AM] Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture.

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.

Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more

[May 20, 2023 2:12 PM] This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service.

Strike moves global headquarters to El Salvador, expands to 65 countries

[May 19, 2023 9:33 PM] According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”

Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market

[May 19, 2023 3:45 PM] The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT.

U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M

[May 19, 2023 1:39 PM] An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan

[May 19, 2023 4:50 AM] Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.

Stablecoin issuers have spent over $1.3M lobbying Congress since 2022

[May 18, 2023 11:54 PM] Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.

Should We Worry About Tether’s Bitcoin-Buying Plan?

[May 18, 2023 12:51 PM] Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.