Tether (USDT)

Tether Holdings Limited – the company behind the largest stablecoin USDT – revealed a net profit of around $700 million in the fourth quarter of 2022. It ended last year with excess reserves of $960 million and at least $67 million billion in consolidated total assets. Tether Remained Unfazed by the Bear Market Even though 2022 devastated the entire cryptocurrency sector, Tether’s net profits increased by over $700 million in Q4. It reduced its secured loans by $300 million...

The goal of the BNB Greenfield is to unleash the power of decentralized blockchain and storage technology on data ownership and data economy. Das Entwicklerteam des BNB-Netzwerkes hat mit „Greenfield“ die neueste Ergänzung seines Ökosystems vorgestellt. Ein neues Protokoll soll es Entwicklern und Nutzern ermöglichen, ihre Daten über ein dezentrales Netzwerk von Speicheranbietern zu hosten. Die Binance Coin (BNB), die native Währung von Binance, soll...

The Singapore-based cryptocurrency platform Juno announced that all services are “now up and running again.” It increased daily withdrawal limits at the beginning of the year and urged customers to transfer their holdings into self-custody wallets, citing issues with its previous custodian partner – Wyre.  Back on Track Juno temporarily halted cryptocurrency purchases on its platform in early January and auto-converted the stablecoins – USDC, USDT, mUSDC – to USD. It also...

XRP’s price has not yet shown any significant strength as it continues its struggle to surpass a critical resistance level over recent weeks. Things are not looking much better against BTC, with a major support level getting broken to the downside. Technical Analysis By: Edris XRP/USDT Daily Chart On the daily chart, the price has been consolidating in a tight range below the $0.43 resistance level for quite a while. The 200-day moving average, located around $0.4, has been...

2022 was not a great year for decentralized finance (DeFi). The industry saw implosion in itself thanks to the unsustainable high yields that eventually caused the model to collapse. But DeFi is far from dead. A similar sentiment was echoed by prominent Web3 developer Andre Cronje, who said he does not believe that high yields are “long gone” and that DeFi is seeing almost “zero growth.” DeFi Will Still Simply be DeFi At present, the real yields for ETH, USDT, DAI, and USDC...

Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to Alameda Research’s consolidation wallet. According to Etherscan, the address labeled “Alameda Consolidation” received $13 million worth of crypto assets from three different wallets. The first belongs to the leading crypto exchange Bitfinex. It transferred approximately 6 million USDT and 1,545 ether (ETH), amounting to roughly $8.5...

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Presently, XRP’s price action is not looking overly promising against either USDT or BTC. Things could worsen in the coming days if all remains as it is right now. Technical Analysis By: Edris XRP/USDT Daily Chart On the daily chart, the price continues its struggle to break above the $0.43 resistance level, following a push above both the 50-day and 200-day moving average lines. In case the cryptocurrency finally moves beyond the aforementioned level, a rally toward the...

Viele Zentralbanken planen die Einführung von digitalen Währungen. In China können Menschen bereits mit einem digitalen Yuan zahlen. Aber auch in vielen anderen Ländern laufen bereits gross angelegte Tests. Es gibt bereits einige vielversprechende Stablecoins und Projekte, wie beispielsweise Tether (USDT). Doch wann kommt der erste Eurotoken? Vielleicht schon bald. In Spanien hat die Zentralbank einem privaten Unternehmen grünes Licht gegeben: Das Fintech-Unternehmen MONEI darf als privates...

Ripple’s price has been on the rise over the last couple of weeks following Bitcoin’s rally. However, there are still significant resistance levels that should be claimed before a bullish shift in the market structure takes shape. Technical Analysis By: Edris XRP/USDT Daily Chart: On the daily USDT chart, the price has been rallying following a rebound from the critical $0.3 level earlier in the month. Ripple is currently trapped between the 50-day and 100-day moving...