Tether concerns are arising again as whales have recently initiated a dumping spree of USDT, causing it to account for more than 73% of the Curve 3pool. This surge in...
In recent analyses, a trader with the Twitter handle @el_crypto_prof has identified two key indicators that have historically preceded an altcoin surge: the emergence of a head and shoulders pattern...
Tether, a prominent issuer of stablecoins, has recently minted 1 billion USDT tokens on the Ethereum blockchain as a means to replenish its inventory. While there are perceptions that the...
Lookonchain revealed earlier today that an address deposited millions of USDT to Binance. .The analysis firm believes the address could be gearing up to buy altcoins at the market bottom....
Tether USDT, the most widely used stablecoin, has reached a significant milestone by surpassing its previous all-time high market cap. According to a recent report by Tether, the firm’s market...
Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. The stablecoin issuer could outpace MicroStrategy if it sustains accumulation strategy and pace. The stablecoin issuer...
Recently, the Tether treasury minted 1,000,000,000 USDT tokens, equivalent to $1,000,400,000, on the Ethereum blockchain. The transaction attracted a fee of 0.0132594 ETH worth $25.72. According to Paolo Ardoino, Tether’s...
Tether’s Q4 2022 quarterly report has been criticized by an independent analyst with the Twitter handle Intel_jakal. The analyst asked why the Stablecoin issuer did not pay its non-token debt,...
A recent tweet by the CEO of Binance, Changpeng Zhao (CZ), suggests that Hong Kong (HK) banks are beginning to support cryptocurrencies. Zhao stressed the significance of the HK banks’...
Gabor Gurbacs, the Strategy Advisor at the global investment firm VanEck Associates Corporation, shared on Twitter that while foreign central banks are selling U.S. Treasuries, the asset-backed stablecoin Tether is...
Tether, the cryptocurrency firm that issues the popular USDT stablecoin, has announced it has around $1.6 billion in excess reserves to back the digital currency. The company’s technology chief, Paolo...
Data from Cryptoquant, the on-chain data platform, reveals a close contest between USDC and USDT stablecoins in terms of dominance. According to a Cryptoquant analyst, the market capitalization share of...
Changpeng Zhao, the man behind the world’s largest crypto exchange Binance, took to Twitter earlier today to point out the current environment in the stablecoin market. The Binance CEO began...
In a recent update, market intelligence platform Santiment reported that there had been a surge in large transfers of stablecoin Tether (USDT) over the past year, with eight of such...
Tether fanatics and maximalists have taken issue with a recent report from the Wall Street Journal which alleged that the USDT issuer used falsified documents and shell companies in order...
Following the recent regulatory scrutiny faced by the stablecoin market, USDT, the world’s largest stablecoin, has witnessed massive growth. As reported earlier, New York-based Paxos Trust Company, which mints Binance’s...
Corporate Cyber Securities Solutions platform WhiteSecure has identified a USDT scam trend on YouTube. WhiteSecur’s discovered cases are in their thousands and suggest a growing pattern that could escalate if...
Justin Sun, the founder of Tron, has addressed the recent hike in the withdrawal fees from Binance on its platform. The increase in withdrawal fees was promoted by the approval...
According to the latest report, Tether Limited Inc., the leading cryptocurrency exchange that launched the asset-backed stablecoin Tether has moved a major share of its reserves to three financial institutions...
Founder of Dynamo Defi Analytical Space Patrick Dynamo Defi has tweeted about the blockchain-based platform Tron’s performance. According to his tweet, “more than 50% of USDT,” was present on the...
According to a recent Wall Street Journal article, new information about the founders and owners of Tether holdings have emerged. The documents reviewed by the WSJ revealed that the $68...
The fallout from the sensational report filed by Celsius’ examiner has caught the world’s largest stablecoin in its crosshairs. The independent examiner claimed in her final report that Tether had...
The USDC stablecoin issuer, Circle, has released its December 2022 report, as reviewed by the Grant Thornton accountancy group. The report reveals details of Circle’s overcollateralized assets backing USDC tokens....
Reportedly, the leading stablecoin Tether (USDT) has outdone the major credit card providers including Visa and Mastercard in terms of settlement volume. Notably, the settlement volume of USDT is $18.2...
During the Crypto Finance Conference, at St. Moritz, Switzerland, Eswar Prasad, Professor at Cornell University warned that the fall of the major stablecoins could severely impact the US bond markets....