Tether (USDT)

Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...

Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...

Leading cryptocurrency exchange Binance is rolling out new leverage products called “Binance Leverage Tokens (BLVT),” two months after delisting FTX’s Leveraged Tokens.Binance Leveraged Tokens – BTCUP and BTCDOWNLeveraged tokens are designed to give traders exposure to the crypto markets without the nitty-gritty that comes with managing a leveraged position.Launching this week, the exchange will list the first pair of the Binance Leveraged Tokens – BTCUP and BTCDOWN – on May 14, for trades in...

Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.Tether (USDT) has become the third-largest cryptocurrency. This occurred as the Bitcoin halving event occurred seamlessly. Sources report large inflows of the world’s largest stablecoin into exchanges.Tether (USDT) now has a market capitalization of about $8.8 billion. This places the Ethereum-based token as the second most capitalized altcoin after Ethereum (ETH).As of...

Binance Futures is the leveraged trading platform of Binance, the leading cryptocurrency exchange by trading volume worldwide.Since its launch less than a year ago, Binance Futures is showing constant growth and is one of the top Bitcoin futures platforms by volume. Just like its big brother Binance, offers an easy-to-use interface, high liquidity, and above all, the widest variety of trading pairs with leverage levels of up to 125X.Exclusive For CryptoPotato: 10,000 USDT AirdropHow to...

Since the launch of bitcoin (BTC) in 2009, one of the biggest concerns in the cryptocurrency ecosystem has been price volatility. Despite the launch of hundreds of crypto coins after Bitcoin, these didn’t bring stability to the cryptocurrency market. That was until the launch of Tether USDT, a stablecoin, in 2014.Unlike traditional cryptocurrencies based on supply and demand on a decentralized network, stablecoins such as Tether USDT are backed by fiat currency, including the EUR, USD, GBP,...

According to a recent report, a group of international campaigners and campaign groups claiming to work to tackle sexual exploitation have contacted numerous credit card companies to block payments to adult websites.If successful, this could raise the case for cryptocurrencies to replace credit and debit cards, and to serve as payment options.Credit Card Companies To Block Porn Sites?Per the BBC report from yesterday, more than ten campaigners and campaign groups have signed and sent a letter...

Tether is not slowing down in its USDT printing spree. The amount of tokens the stablecoin issuer has minted within the last week now equals what it printed in the first half of April.Tether Prints 480 Million USDT In 5 DaysRecords from Whale Alert suggest that the Tether Treasury has printed five batches of fresh tokens in the last five days, totaling 480 million USDT ($480.4 million), which was the same amount with what was minted within the first 14 days of the previous month.In a previous...

It is believed to be a correlation between USDT’s market cap and Bitcoin’s price movements. The majority of investors expect a rise in Bitcoin price after a significant boost of Tether (USDT). What can traders do while waiting for the bull?Years later, when we looked back to 2020, we might call it “The Year of Cryptocurrency”, for we get to not only experience the third halving of Bitcoin but also witness an unprecedented surge of stablecoin supply since March. Up to May 3, the total market...

A new analysis implies an inverse correlation between the price of Bitcoin and the total supply of USDT on cryptocurrency exchanges. According to it, the declining amount of Tether sitting on exchanges could soon propel another increase in BTC’s price.Bitcoin’s Price Related To USDT On Exchanges?New data compiled by the cryptocurrency monitoring company, Santiment, relates the movement of Bitcoin’s price over the past three months to the total supply of USDT on exchanges.BTC Price/USDT On...