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Tether (USDT)

Tether Treasury Mints 450M USDT in Two Days as Bitcoin Rallies to New 2020 ATH of $13,184.57

Over the years since its inception, USDT has provided unique services that most digital assets fall short of.The Tether Treasury has generated almost half a billion new USDT tokens in the past two days according to whale alert as observed by news outlet Cointelegraph.The new Tether batch coincided with major cryptocurrency events, whereby American payment giant PayPal Holdings Inc (NASDAQ: PYPL) entered the crypto sphere triggering Bitcoin and most altcoins to rally. According to Whale alert,...

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PayPal steigt in Bitcoin Markt ein

Die Nachricht wurde gestern veröffentlicht und schob den BTC Kurs an. PayPal steigt in den Cryptomarkt ein. Zum ersten Mal seit mehr als einem Jahr schoss der BTC Kurs wieder über die Marke von 13.000 US-Dollar. Allerdings ist auch Vorsicht bei der Ankündigung PayPals geboten.Bitcoin News: PayPal steigt in Bitcoin Markt einEs war nicht die Meldung allein, die den BTC Kurs zu einem Jahreshoch verhalf. Auch Tether’s Stablecoin spielte eine Rolle, da eine beträchtliche Menge an Neukapital in den...

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Bybit Adds New Trading Pairs as Exchange Volume Grows

To promote the launch of four new trading pairs, Bybit is offering users a discount on trading fees and is running a lottery program to incentivize participation.Bybit has added support for several new trading pairs to its derivatives exchange, bringing the number of cryptocurrencies it supports to seven. Perpetual contracts for USDT with ETH, LTC, XTZ, and LINK have been added to the derivatives platform, which continues to go from strength to strength.The introduction of new markets, at a...

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Bybit Launches New USDT Perpetual Trading Pairs with ETH, LTC, XTZ and LINK

[Press Release] Singapore, Oct 21, 2020 — Four new perpetual trading pairs, ETH/USDT, LINK/USDT, LTC/USDT, and XTZ/USDT, will be listed on crypto trading platform Bybit and begin trading today. The new USDT pairs join the existing markets of BTC/USDT, BTC/USD, ETH/USD, EOS/USD, and XRP/USD on the Bybit exchange. The move significantly increases traders’ choices, as the open interest on the Bybit platform reaches new heights. “In response to popular demand, we are bringing...

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Tether May Become the Second-Largest Cryptocurrency Soon

Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the second-largest cryptocurrency by market cap as early as next year, and will only be smaller than bitcoin, but how long will that last?Is Tether About to Get Much Bigger?The world of stable coins has doubled in the past few months, and it looks like average traders and retailers alike are getting into the stable coin craze. Even Atari, a video...

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Tether (USDT) Dominates Exchanges with Cumulative Transaction Volume of Over $600 Billion

Tether (USDT) staged an unprecedented run in the last 30 days to a 20% increase in volume to reach the cumulative transaction volume of the stated amount.Tether (USDT) has emerged as one of the most engaging digital currencies recording a cumulative transaction volume of over $600 billion, putting it in a better position to rub shoulders with Bitcoin. Tether (USDT) staged an unprecedented run in the last 30 days to record a 20% increase in volume to reach the cumulative transaction volume of...

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Stablecoin Market Cap Reaches $20 Billion: Same as Crypto Market Cap in February 2017

The combined stablecoin market recently topped a valuation figure of $20 billion. Apparently, this was the total market value of all cryptocurrencies in the pre-bull run month of February 2017. Also, stablecoins together are contributing to $26 billion worth of trading volume.The Crypto Stablecoin Market Is BoomingAs per the latest statistics, the total market cap of all stablecoins in circulation has topped $20 billion. This, as per crypto Twitter commentator, Dan Romero, was the value of...

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Stablecoins Market Capitalization Surpasses $20 Billion with Tether Controlling Over Three-Quarter

As CoinGecko reports, stablecoins market capitalization stood at $20,727,163,727. The success of the stablecoin industry is an indication of the growing crypto market in relation to the fiat currencies.Stablecoins global market is another booming crypto industry beyond the DeFi ecosystem that has led the recent crypto volatility. According to figures provided by CoinGecko, stablecoins market capitalization stood at $20,727,163,727 at the time of writing with Tether (USDT) being the leader of...

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Analysis: Almost $20 Million of KuCoin Stolen Funds Already Sold Through DEXs

Almost $20M of the $281M worth the tokens drained from the KuCoin exchange are already sold on decentralized exchanges (DEX). This is the standpoint of London-based blockchain analysis provider Elliptic.DEXs Were The Only Route For The Hackers   According to a recent report, KuCoin hackers have sold $17.1 million of the $281 million in cryptocurrency tokens on DEXs.The official analysis reads that the hours after the theft, the hacker attempted to sell part of the tokens at two regular...

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Bitfinex Launches Tether (USDT)-Settled Perpetual Contracts to Track Europe 50 and German 30

Bitfinex will provide perpetual contracts to traders 24 hours a day seven days a week, unlike equity exchanges that are open for business five days a week.Cryptocurrency exchange Bitfinex with stablecoin project Tether (USDT), will now enable its customers to track Europe 50 (EUROPE50IXF0: USTF0) and Germany 30 (GERMANY30IXF0: USTF0) through perpetual contracts.“This is the first time that an exchange from the digital asset space has launched a product that bridges the gap with traditional...

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