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Tether (USDT)

Polygon Labs Announced Upcoming Updates for Products and Events Expected in December

The Polygon community is looking forward to several community updates announced for this year, beginning with the Connect event in India. Polygon cofounder Sandeep Nailwal has shared a few updates the Polygon community should expect as the year comes to an end. In a post on X (formerly Twitter), Nailwal promised the community “exciting days ahead”. Polygon fam, as we approach the year end, some exciting days ahead for us. Save the dates. 7/12/23 : At Polygon Connect, We bring in an...

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Calm Before the Storm? XRP at a Strong Support as Big Move Seems Imminent (Ripple Price Analysis)

Technical Analysis By TradingRage Ripple’s price has been experiencing a pullback on both the USDT and BTC pairs over the last few weeks. Yet, the market might begin another bullish move soon, as the price is currently at strong support levels. The USDT Paired Chart On the USDT paired chart, the price has been on the decline over the recent weeks after it failed to move past the $0.7 mark. The $0.6 support level is currently preventing the price from dropping lower. Yet,...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price started a downside correction from the $2,135 resistance against the US Dollar. ETH price is now trading below $2,050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $1,975 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,975 support zone. Ethereum price is declining below $2,050 against the US Dollar. ETH/USD remains at a risk of more...

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Tether: 500 Millionen ins Bitcoin-Mining in Uruguay

Der grösste Stablecoin-Emittent Tether diversifiziert seine Einnahmequellen weiter, indem er Bitcoin-Mining-Anlagen in Uruguay, Paraguay und El Salvador baut und in bestehende Anlagen investiert. Mit einer Leistung von 40 bis 70 Megawatt pro Anlage strebt Tether an, in Zukunft für 1 Prozent der Rechenleistung des gesamten Bitcoin-Netzwerks verantwortlich zu sei. Um die Erfolgsquote dieses Vorhabens zu beurteilen, müssen wir Vergleiche mit den...

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Binance Futures Unveils Its Grand Trading Tournament with $2 Million USDT in Prize

Alongside the traditional trading competition, Binance futures participants can engage in a Copy Trading Competition and a Trading Bots Competition. On Monday, September 27, Binance Futures, the leading crypto derivatives exchange globally, has unveiled the highly anticipated Binance Futures Grand Trading Tournament. Boasting the largest prize pool in the tournament’s history, participants have the chance to compete for up to $2 million in USDT. In an exciting development, this edition of...

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Tether and Bitfinex Decline to Contest FOIL Request, But There’s a Catch

In response to a New York Freedom of Information Law (FOIL) request initiated by Coindesk, Tether and Bitfinex announced dropping their opposition. According to the official blog post on November 24th, the decision underscored the companies’ “commitment to transparency” within the crypto sector, which aligns with the broader intention to maintain a balanced approach to document release. While emphasizing the core principle of transparency, Tether and Bitfinex, in a joint...

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Crypto-Friendly Swiss City of Lugano Adopts Polygon for Swift Payments

Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the crypto-friendly Swiss city has upgraded its payment platform MyLugano by integrating its Proof-of-Stake (PoS) network to make payments more...

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Ripple Tumbles 7% Weekly, Here’s the Critical Support to Hold (XRP Price Analysis)

Technical Analysis By TradingRage Ripple’s price has been trending down over the past couple of weeks as it failed to sustain its bullish momentum. At the moment, the market is in a critical area against both the USDT and BTC. The USDT Paired Chart On the USDT paired chart, the price has been on the decline recently and is currently testing the $0.6 support level. In case this level breaks down, the 200-day moving average located around the $0.55 mark would be the next...

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Bitcoin und Gift Cards passen perfekt zusammen

Im Coop mit Bitcoin bezahlen? Kaufe Geschenkkarten & Handy Guthaben in 180+ Ländern mit BTC, ETH, LTC, USDT oder DOGE. Bitcoin und Gutscheinkarten (Gift Cards) ergänzen sich hervorragend, da sie beide digitale und flexible Zahlungsmittel darstellen. Hier sind einige Gründe, warum sie gut zusammenpassen: Digitale Natur: Sowohl Bitcoin als auch Gutscheinkarten sind in der digitalen Welt verankert. Bitcoin als Kryptowährung existiert ausschließlich...

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DOJ Investigation Leads Tether to Freeze $225M Associated with Human Trafficking Ring

Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in their own market.  According to Tether, it traced the frozen funds to an international human trafficking ring in Southeast Asia. This move followed a collaboration...

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