Tether (USDT)

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...

Uh oh. Is Tether behind bitcoin’s latest surge?Tether Is At It AgainOver the years, rumors have swelled that Tether has been tied to bitcoin as a way of boosting its price. University of Texas finance professor John Griffin has put out reports in the past suggesting that the 2017 bitcoin burst we all witnessed was actually caused by traders using Tether – a controversial stable currency – to purchase bitcoin whenever it’s price went down.Stable coins are those supported by fiat currencies,...

TRON, a popular blockchain platform and decentralized content ecosystem have just announced its move into the world of decentralized finance (DeFi), with the launch of JUST – a decentralized lending platform with its associated stablecoin, USDJ.JUST and USDJ are Now LiveTRON’s first DeFi project is JUST, a new platform that allows TRX holders to receive a new stablecoin called USDJ in return for locking up TRX in a collateralized debt position, or CDP.Like Tether (USDT), TRON’s new USDJ token...

Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.Tether Mints 1.6B USDT in April.From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion.Tether minted 480 million USDT tokens in...