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Tether (USDT)

Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume

CoinspeakerVisa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume Over the years, Tether's USDT has dominated the industry as the preferred stablecoin among its pairs, trading as the third largest crypto after Bitcoin and Ethereum, with a market capitalization of $110.64 billion.  Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume

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SlowMist Exposes Scam Using Malicious RPC Node Modifications

SlowMist, in collaboration with imToken, has uncovered a new breed of cryptocurrency scam that targets users in physical offline transactions, utilizing USDT as the mode of payment. This fraudulent scheme operates by tampering with Ethereum node Remote Procedure Calls (RPC) to defraud unsuspecting victims. Scammer’s Strategy Initially, the scammer persuades the target to download the legitimate imToken wallet and fosters trust by transferring 1 USDT and a small amount of ETH...

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XRP Bull Run Nowhere to Be Seen as Bears Eye $0.5 Next: Ripple Price Analysis

Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as the market is in a critical area. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has dropped aggressively below the 200-day moving average around the $0.6 level and has yet to climb above. However, the $0.5 support zone has held the price, and the market is consolidating above it. If the...

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Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions

Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. Venezuela’s PDVSA Turns to Tether Amid Sanctions According to a Reuters report, Venezuela’s state-run oil company, PDVSA, transitioned to using Tether’s USDT after facing...

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Calm Before the Storm: XRP Anticipating Massive News (Ripple Price Analysis)

Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon. Ripple Price Analysis: Technicals By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6...

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Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report

Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to speed up its use of crypto, particularly USDT, the largest stablecoin by market capitalization, to circumvent US sanctions. The Venezuelan oil company gradually started integrating USDT for oil sales in 2023, and reportedly has a new policy in place mandating new customers to have a digital wallet holding cryptocurrency. Venezuela Turning to USDT for Oil Exports According to Reuters, PDVSA’s intention...

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ApeBond Introduces Flash Bonds: A Structured Opportunity to Purchase Discounted Bitcoin

[PRESS RELEASE – Grand Cayman, Cayman Islands, April 23rd, 2024] The cryptocurrency sector is continually evolving, and ApeBond is at the forefront with its new offering: ⚡Flash Bonds. This feature enables participants to acquire Bitcoin (BTC) at specific discounts. ⚡Flash Bonds will be launched on the ApeBond website on April 23rd at 17:00 UTC, with transactions being conducted in USDT. Exclusive Access, Exclusive Rewards ⚡Flash Bonds offer a structured way to purchase BTC...

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