Tether (USDT)

Ethereum’s rally has come to a halt, as the price has failed to continue above the $4,000 level once more. However, not all hopes for a new bull run are lost just yet. Technical Analysis By TradingRage The Daily Chart The price has been decreasing in the last two weeks based on the daily timeframe of the ETH/USDT chart. This short-term downtrend has begun since the cryptocurrency has been rejected from the $4,000 resistance level once again. Currently, the $3,500 level...

Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. Still, with exchange supply dropping to December 2021 lows, data suggest that a bullish reversal could be in the offing. Bitcoin Scarcity on Exchanges According to Santiment’s tweet, bitcoin’s supply on exchanges has reached its lowest since December 2021....

Fiat-pegged stablecoins have grown in market cap over the past ninety days as they collectively witnessed $16 billion flow into their side of the crypto market. However, the past month has been relatively calm for the stablecoin economy. USDT’s (Tether) market cap has grown to $112.5 billion on June 8 from $101.18 billion in March. That is over $11 billion in the three months, with USDT representing 69% of the $16 billion that flowed into stablecoins. Its market cap barely rose over the past...

Following weeks of consolidation, Ripple’s price is finally showing signs of beginning a significant move. However, this is not good news, as the anticipated move seems to be bearish. By TradingRage The USDT Paired Chart Against USDT, XRP has been consolidating inside a symmetrical triangle pattern over the last couple of months since dropping below the 200-day moving average. On Friday, the market experienced a sudden drop. While the price has recovered more than half of its...

The largest stablecoin issuing company, Tether, has recently made a lot of investments in emerging crypto and artificial intelligence firms. These investments and the firm’s advancement beyond stablecoins show that the entity is keen on expanding its operations. Over the past few months, Tether has dipped its foot into other sectors like peer-to-peer communication, Bitcoin mining, renewable energy, and artificial intelligence. Tether’s Latest Investments XREX Group is the...

[PRESS RELEASE – Port Charlotte, United States, June 2nd, 2024] $TRUMP Coin: A Revolutionary Cryptocurrency with Real-World Utility and Philanthropic Mission. TrumpCrypto.io is excited to announce the launch of the $TRUMP Coin Initial Coin Offering (ICO), a groundbreaking cryptocurrency designed to merge digital innovation with tangible real-world benefits. With a total supply of 8,000,000,000 tokens and a pre-sale price of 0.016 USDT per token, $TRUMP Coin offers a unique...

CoinspeakerBitdeer Announces Up to $150M in Private Placement Financing During the pre-market trading, the shares of Bitdeer rose more than 10%, priced at $6.44. The movement of shares indicates the impact that the digital asset sector has on the traditional finance industry. Bitdeer Announces Up to $150M in Private Placement Financing

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...

The Web3 Epic Challenge organized by OGCommunity  has rallied key players from the Web3 and GameFi realms, including notable names such as Hello Pixel, Terminal, ZarGates, The Sandbox, Hexacore, MemeFi Club, WorldShards, Xyro, TweetScout. Gamers embarking on this epic journey will face challenging tasks crafted by each project, vying for prestigious prizes along the way.  Click, complete tasks and grab prizes A substantial reward pool awaits the participants, with the $50,000 USDT bounty...