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Tether (USDT)

Bearish Signs for Ripple Appear, Will $0.40 Hold? (XRP Price Analysis)

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...

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EURM: Entsteht in Spanien der erste Digitale Euro?

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...

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XRP Battles for $0.40 as Bears Starting to Poak Their Heads (Ripple Price Analysis)

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...

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BitKeep Expects to Compensate All Victims of $8M Exploit by March-End

Multi-chain crypto wallet BitKeep revealed that it will launch the compensation portal in the first week of February, and 50% of the funds are expected to be returned to users by the end of the same month. The remaining funds will be distributed by the end of March. To avoid fluctuation, the asset valuation of the compensation will be converted to USDT stablecoin. In a series of tweets, BitKeep said that its technical team, as well as security agencies, devised a closed-loop...

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OKX Releases Proof-of-Reserves Report With $7.5B “Clean Assets”

After the excessive turmoil in the crypto market triggered by the FTX liquidity and bankruptcy scandal, several crypto service providers began publishing their reserve funds. Popular crypto exchange OKX released its third Proof-of-Reserves (PoR), in which it revealed holding “clean assets” worth $7.5 billion in BTC, ETH, and USDT. In a statement, OKX’s Chief Marketing Officer Haider Rafique said, “Security, transparency, and trust are core tenets of the OKX business process...

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Tether schlägt Mastercard und Visa im Transaktionsvolumen 2022

Der digitale Stablecoin Tether (USDT) übertrumpfte im Jahr 2022 die bislang führenden, bargeldlosen Zahlungsanbieter Visa und Mastercard. So verarbeitete Tether im letzten Jahr Transaktionen in der beachtlichen Höhe von 18,2 Billionen US-Dollar. Im Vergleich hierzu setzte Visa im Jahr 2022 Finanztransfers im Wert von 14,1 Billionen USD um. Noch darunter lag Mastercard mit „nur“ 7,7 Billionen US-Dollar. Das deutliche Wachstum der Stablecoins Das...

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LBank Exchange Will List Jencoin (JEN) on January 11, 2023

INTERNET CITY, DUBAI, Jan 6, 2023 – LBank Exchange, a global digital asset trading platform, will list Jencoin (JEN) on January 11, 2023. For all users of LBank Exchange, the JEN/USDT trading pair will be officially available for trading at 12:00 UTC on January 11, 2023. Built on BSC, Jencoin (JEN) aims to create a decentralized platform where users can transfer money using its currency. Its native token JEN will be listed on LBank Exchange at 12:00 UTC on January 11,...

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India’s WazirX Releases Proof-of-Reserves With Over 1:1 Liability Ratio

Indian crypto exchange WazirX released its proof-of-reserves (PoR) report disclosing its reserves-to-liability ratio of over 1:1. Alongside the paper, published by CoinGabbar, a third-party platform that tracks crypto assets, WazirX also made its wallet addresses, and list of exchanges available to the public. At press time, the Indian company had over $283 million of total user assets in the form of stablecoin USDT. Proof-of-Reserves WazirX, in a statement, highlighted that...

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