Tether (USDT)
Ethena USDe Stablecoin Surges 72%—Tether’s Market Lead at Risk
Ethena Labs has entered the stablecoin market with its new, Ethena USDe (USDe). This comes as the market has long been dominated by Tether (USDT) and USD Coin (USDC). As...
USDT Demand Soars, Echoing 2021 Trends as Bitcoin Gains 50% in November
Data from IntoTheBlock shows Tether has minted over $13 billion in USDT since the beginning of November. The crypto market analysis platform revealed on X that the last time USDT...
XRP Becomes Third-Largest Crypto: Bold Predictions Emerge
The altcoin XRP has become the third-largest digital asset by market capitalization, surpassing Tether’s stablecoin, USDT. This has triggered bold predictions from the crypto community, but analyst Tony Edward, founder...
Tether Mints $1 Billion USDT on Tron to Meet Market Demand
Tether continued its aggressive stablecoin expansion, minting $1 billion USDT on the Tron blockchain just weeks after a similar Ethereum issuance. This latest issuance caps a record-breaking month for Tether,...
WazirX Founder Confirms Asset Distribution Will Be in Tokens, Not Fiat or USDT
In a tweet earlier today, Nischal Shetty, founder and CEO of WazirX, India’s embattled crypto exchange, revealed a key detail of the company’s ongoing restructuring efforts. Shetty confirmed that WazirX...
Wintermute’s Hidden Hand in SLERF’s Price Action
SLERF’s recent price movements have drawn attention to Wintermute’s activity. An analysis of a Wintermute-linked portfolio on Solana reveals a $13.9 million balance, with a recent dip of $398,840. This...
Galaxy Digital Eyes BTC Dip? $30 Million Moved to Binance as Bitcoin Falls Below $90K
Bitcoin fell below the $90,000 mark in the past 24 hours, dropping by 2.56%. Seemingly taking advantage of this dip, Galaxy Digital, the digital asset and blockchain firm, transferred 30...
Bitcoin’s Surge to $89,500 Coincides With Tether’s $4B USDT Mint
Tether’s latest activity was spotted by Lookonchain when it minted $2 billion in USDT two days earlier and another $2 billion nine hours thereafter. This $4 billion increase in stablecoin...
Tether Releases Wallet Development Kit and Plans USDT Chain Swap
Tether released the Wallet Development Kit (WDK), which is an open-source toolkit that simplifies the process of adding USDT and Bitcoin to applications. This solution targets businesses and developers. It...
Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal
Tether has stepped into the global trade sector by financing a high-profile crude oil transaction in October 2024 through its investment division, marking Tether’s first transaction in the Middle East....
Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K
Tether, the stablecoin firm behind USDT, injected a massive 1.845 billion USDT into exchanges on the Ethereum blockchain network, which may be one reason why the price of Bitcoin (BTC)...
Binance Futures Adds PONKEUSDT Perpetual Contract with 75x Leverage
Binance Futures expands its trading products with the introduction of the PONKEUSDT perpetual contract, designed to enhance the trading experience for its users. The new contract, launching on November 4,...
TON Network’s USDT Volume Crosses $1 Billion, Up 670%
The USDT volume on the TON network has crossed $1 billion, according to Burak Kesmeci, a Cryptoquant analyst. Kesmeci reported that the TON network’s USDT volume surged 670% in six...
KuCoin Launches Options Trading with BTC and ETH, Offers 100K USDT in Rewards
KuCoin, a major cryptocurrency exchange, has officially introduced an Options Trading feature, giving users a new tool to trade various cryptocurrencies. This feature is available on mobile for app versions...
Stablecoins Take Over South Korea’s Trade Sector Driven by Tether on Tron
Stablecoin adoption in South Korea is benefiting the financial market, with Tether (USDT) transactions leading the way. Government reports indicate that roughly 10% of domestic trade transactions now involve stablecoins....
Tether Tackles AI Bias with User-Controlled Development Kit
Researchers are raising concerns about ideological bias in large language models (LLMs). These models, widely used for tasks like summarization and question answering, reflect their creators’ worldviews. A new study...
Bitcoin ETFs See $1B Weekly Inflow as Bitcoin Battles to Break $70K, Dominance Spikes to 59.75%
Bitcoin struggles to break $69K, consolidating around $65K after strong institutional ETF inflows of nearly $1 billion this week. This past week brought heightened volatility across the crypto market. Bitcoin...
Tether FUD Returns? Bitcoin Price Dips, Then Recovers
Bitcoin experienced significant volatility in the closing hours of Friday’s trading session, dropping nearly 5% in a few hours, after news broke about a U.S. government investigation into Tether, the...
DOJ Investigating Tether for AML Violations, CEO Denies Claims
The U.S. Department of Justice (DOJ) is reportedly investigating Tether, the largest stablecoin issuer, over potential anti-money laundering (AML) and sanctions compliance violations. However, Tether’s CEO, Paolo Ardoino, denies these...
Tether CEO: US Crypto Regulations Are Coming, and That’s Good
Tether CEO Paolo Ardoino expressed optimism that the US will soon adopt sensible cryptocurrency regulations, leading to further innovation in the stablecoin sector. Speaking via video link at DC Fintech...
Northern Data Group’s Q3 Revenue Soars 235% on AI Computing Demand
Northern Data Group, a provider of AI and high-performance computing (HPC) solutions, announced stellar Q3 2024 financial results, with revenue surging to EUR 59 million, a 235% jump year-on-year. This...
Ripple to Prioritize RLUSD Stablecoin for ODL Over USDC and Tether
Ripple CEO Brad Garlinghouse revealed the company will prioritize its own stablecoin, RLUSD, over USDC and Tether for its On-Demand Liquidity (ODL) product. In a talk session with Thinking Crypto,...
USDT’s User Base Reaches 330 Million, Driven by Tron, BSC, and Ethereum
Tether announced its stablecoin, USDT, saw a dramatic increase in its user base. By the end of Q3 2024, the network recorded 330 million on-chain wallets, solidifying its position in...
Stablecoin Market Cap Explodes to $173 Billion — Is This Bearish for Bitcoin?
The total market capitalization of stablecoins has surged to $173 billion, a level not seen since May 2022. This significant increase in stablecoin demand could foreshadow a pullback in Bitcoin’s...
Falling USDT Dominance Hints at Potential Altcoin Market Rebound
The dominance of Tether (USDT), the largest stablecoin by market capitalization, has dropped significantly over the past year, possibly indicating an impending altcoin rally. This decline coincides with Bitcoin’s struggle...
