Tether (USDT)

Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this profit stemmed from net operating gains, largely derived from interests in the US Treasury, with the remainder mainly coming from the appreciation of gold and Bitcoin reserves. Notably, there was a substantial increase in excess reserves, reaching a historic high of $5.4 billion, with an additional $640 million directed...

[PRESS RELEASE – Warsaw, Poland, January 30th, 2024] Flipster, the number one trading platform for altcoin liquidity and the fastest-growing crypto derivatives platform, has finally announced its Flipster Earn Pool campaign. First teased in December last year, the trading platform had been slow with news on this highly anticipated addition. The launch was worth the wait, as the platform is promising users the chance to earn up to 10K USDT a day* (at launch on 1st of February)...

CoinspeakerSpot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC's short-term pullback after the US Fed’s rate decision. Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance

CoinspeakerZetaChain Launches Mainnet Beta, Users Can Start Claiming ZETA Tokens The ZetaChain Mainnet Beta unveiled ZetaHub, a user-friendly entry point enabling active engagement with ZetaChain. The native crypto ZETA is already live on KuCoin exchange. ZetaChain Launches Mainnet Beta, Users Can Start Claiming ZETA Tokens

CoinspeakerVisa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries Users can swap the digital assets directly from their self-custodial wallets, such as MetaMask, onto their Visa debit cards.  Visa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries

Ripple’s price is continuing its downward momentum on both the USDT and BTC pairs. According to technical analysis, the price is yet to reach a potential turning point on either chart. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, the price has been trapped inside a descending channel over the last few months. Since the breakdown of the 200-day moving average (currently located around the $0.60 mark), the market has been dropping...

Tether (USDT) reserve on Bitfinex has seen a significant increase owing to whales on the platform. According to CryptoQuant’s analysis, the whales on Bitfinex have opted to close their leveraged positions, leading to a substantial surge in the USDT reserve on the platform. This strategic move has garnered attention, shedding light on intriguing aspects of market behavior. Tether Reserves on Bitfinex Amid recent fluctuations in crypto prices, significant traders are choosing...

Dans une interview réalisé par The Big Whale, Mark Karpelès évoque son projet d’agence de notation dédiée aux plateformes d’échange de cryptomonnaies. Ungox est actuellement enregistré aux États-Unis dans le Delaware, mais il souhaite déménager le siège en France. L’ex CEO de MtGox revient également sur ses mésaventures au Japon, la liquidation de sa plateforme et l’enquête qui a mené à...

Ripple’s price action against both USDT and BTC has been bearish for the last few months. Analyzing the charts might provide clues on the potential direction of the market in the short term. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, XRP has been on the decline since getting rejected from the resistance $0.7 level. The price has been trapped inside a descending channel, failing to break it to the upside on multiple occasions....

Stablecoin giant Tether quietly bought over $360 million worth of Bitcoin (BTC) at the start of the year, according to on-chain data. The purchase brings the company’s total Bitcoin holdings up to 66,400 BTC worth $2.7 billion. Tether’s Massive Bitcoin Buys According to Bitcoin market intelligence provider CryptoQuant, a blockchain address previously identified as Tether’s saw its balance rise from 57,500 BTC to 66,400 BTC on January 4. That’s the largest single-day rise for...