Tether (USDT)
New York Attorney General Uncovers Tether’s Chinese Securities Link
According to Bloomberg, recently disclosed documents from the New York Attorney General’s office shed light on Tether’s involvement with Chinese securities, contradicting the company’s persistent denial of such claims. Renowned...
Whales Dump Millions of USDT, Concerns Cause USDT to De-Peg
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...
USDT-Dominance Swings as Analyst Predicts Imminent Altseason
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...
USDT Mint on Ethereum: Tether Creates 1B Tokens for Chain Swaps
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...
Smart Money Investor Prepares To Utilize Altcoin Market Downturn
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....
USDT Cap Hits New ATH, Dominating Stablecoin Market with 64.34%
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 Buys 52,670 Bitcoins in Q1, Set To Outpace MicroStrategy
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...
Tether Mints 1B USDT to Replenish Inventory on Ethereum Network
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...
Analyst Accuses Tether of Manipulating Q4 2022 Attestation Report
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,...
Hong Kong Banks Support Crypto, More Funds to Move into Stablecoin: CZ
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’...
Tether Becomes the Biggest Buyer of US Treasuries, Says Report
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’s Excess Reserves and Projected Profits Offer Reassurance
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...
USDC and USDT Sustain Tight Stablecoin Dominance Contest
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...
Binance CEO CZ Calls Attention to USDT’s Growing Market Cap
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...
Whales Move $1B USDT Off Crypto Exchanges In The Past Four Days
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 Label WSJ’s Report On Suspicious Activities As FUD
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...
USDT and USDC Gain Momentum Following BUSD Collapse
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...
Security Platform Identifies USDT Scam Syndicate on YouTube
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 Working With Binance To Reduce Tron’s Withdrawal Fees
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...
Tether Has Moved Reserves to Capital Union and Two Other Firms
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...
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
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...
Tether is Owned by Scant Experienced Founders, Says Report
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...
‘Tether Never Borrowed From Celsius,’ Says Tether CTO Paolo Adroino
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...
Circle’s December 2022 Report Says USDC is Overcollateralized
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....
Tether Overpowers Visa and Mastercard Concerning Settlement Volume
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...
