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Tether (USDT)

Open Interest on Binance Futures Up 180% in June Despite Lower Trading Volume

Binance Futures traders held more open positions in June compared to May, even though trading volumes declined month-on-month. Open interest on Binance Futures rose 180% in June compared to May, from 220 million USDT to 580 million USDT. Binance concluded that this might anticipate an increase in Bitcoin volatility.Traders Held More Open Positions in BTC Contracts Than in MayBinance released its monthly report discussing the activity on its futures trading platform. While trading volume...

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#919 Cardano Staking Coinbase, geringe Bitcoin Volatilität & Digitaler Yuan vs Tether

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 919. Heute sprechen wir über folgende Themen: Cardano Staking auf Coinbase, historisch niedrige Bitcoin Volatilität & Digitaler Yuan wird es schwer haben gegen Tether. [embedded content] 1.) Historisch niedrige Volatilität hat die Liquidität von Bitcoin ins Wanken gebrachthttps://coincierge.de/2020/historisch-niedrige-volatilitaet-hat-die-liquiditaet-von-bitcoin-ins-wanken-gebracht/ 2.) Cardano Staking kommt – starke Woche für...

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Tether (USDT) Market Capitalization Tops $10 Billion

The market capitalization of Tether (USDT) has grown to $10 billion. This puts the cryptocurrency token at third place behind Bitcoin (BTC) and Ethereum (ETH).Tether (USDT) market capitalization has crossed $10 billion level yesterday. This has made Tether (USDT) climb to the third place in the cryptospace. At the start of this year, USDT had a market capitalization of $4.1 billion. However, there are slight variances across aggregators. Coingecko has reported a capitalization of $10 billion...

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Bitcoin Price Analysis: BTC Bears Eye $8,600 As RSI Divergence Grows

On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels.Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level at $9,780.The pump was subsequently followed by a sharp sell-off below the previous weekly open at $9,300 (white line on the following chart), which...

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Binance Rolls Out 50x Leverage For Compound (COMP) While OKEx Adds Support For Spot Trading

Binance, the world’s largest cryptocurrency exchange, has announced its plans to roll out a COMP/USDT Perpetual Contract. This is coming barely two weeks after the COMP governance token was launched by DeFi largest protocol, Compound Finance.Trading COMP With 50x LeverageStarting tomorrow, Tuesday, June 30 at 09:00 AM (UTC), Binance Futures traders will be able to both long and short COMP on perpetual contracts, using leverage between 1x and 50x.Unlike traditional futures contracts, a...

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Ethereum Price Analysis: ETH Sideways Action Around $230 Continues, Huge Move Coming Up?

Ethereum saw a slight price drop today as the coin falls from $250 into the $233 level.Luckily, Ethereum found support at the rising trend line as the buyers battle to remain above.Against Bitcoin, Ethereum is re-testing the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $275.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Returns To Trend Line...

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Tether International Leads Celsius $10 Million Funding Round

Tether was among a select group of investors that were accredited to take part in the Celsius funding round.Tether International, the issuer of USDT is among the investors in the recent Celsius funding round. Celsius, the decentralized finance network announced that the sister company to Bitfinex is the highest investor in the round that has seen Celsius valuation at $120 million.The company is a decentralized lending platform that claims it manages a $680 million portfolio with $17 million...

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Bityard Review

Platform: BityardURL: https://www.bityard.com/Company: BItyard Blockchain LimitedCountry: SingaporeLicenses: Bityard is regulated and licensed under the Singapore’s ACRA, USA’s MSB from FinCEN, US Dept. of Treasury, Estonia’s MTR, and Australia’s AUSTRACTrading Instruments: BTC/USDT, ETH/USDT, LTC/USDT, XRP/USDT, BCH/USDT, ETC/USDT, EOS/USDT, TRX/USDT, DASH/USDT, LINK/USDTPayment Methods: BTC, ETH, XRP, EOS, TRX, HT, USDT (Omni, ERC20, TRC20), Visa, MasterCardMotto: “Complex Contract, Simple...

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This Is Why Bitcoin and Altcoins are Correlated On The Short Term, Investor Explains

Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years. Whenever there’s a serious move in the price of BTC, altcoins are almost always following the lead.A well-known startup investor and trader, Qiao Wang, took the opportunity to comment on the matter, outlining the reason for this correlation.Why Bitcoin and Alts Are Correlated?According to the specialist, the correlation between Bitcoin and alternative cryptocurrencies has a lot to do with...

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Ethereum Price Analysis: Bullish Trend Intact But ETH Is Testing Critical Support

Ethereum dropped by a small 1% over the past 24 hours as it fell to $232.The cryptocurrency is still trading above a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum found support at 0.0243 BTC as it looks to tackle 0.025 BTC again.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0235 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bullish...

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