Tether (USDT) announced a staggering $1.48 billion in profits in Q1 2023 and announced it would buy Bitcoin (BTC) regularly with 15% of net profits. Tether (USDT) has already added a whopping $1.5 billion of BTC to its reserves, and traders view this sustained buy pressure positively.
With Tether (USDT) supporting Bitcoin (BTC), it allows the rest of the market to move upwards, and analysts have put the spotlight on Tradecruve (TCRV), a new AI-specialized trading platform they believe will surge 5,000% in the coming weeks.
Tradecurve (TCRV) Democtaziing Access to Financial Markets
Tradecurve reimagines the trading experience and powers a futuristic experience, all while users maintain anonymity. No KYC is required to use the platform, and investors can begin trading with just an email account. The protocol blends the best of decentralized trading platforms (self-custody & anonymity) with the best features of centralized trading platforms (institutional-level liquidity) to deliver the ultimate trading experience.
Tradecurve goes beyond a regular derivatives service provider with an integrated Metaverse trading academy, social trading features such as copy trading, and its artificial intelligence trading algorithms. These features are unlockable through token ownership, causing analysts to forecast massive buy pressure for $TCRV. They further stated it could quickly 50X in the coming weeks before the presale closes.
The platform will introduce Proof of Reserves to ensure legitimacy. And detailed in the whitepaper is a thorough plan for registering 100,000 traders within three months of operation.
With 500:1 leverage, low latency trades, and access to multiple markets, including forex, commodities, stocks, and cryptos from a single interface, Tradecurve has democratized access to financial markets for millions of retail investors globally and will grow in line with this outstanding value proposition. A pioneering derivatives service provider and an investment opportunity investors would be foolish to miss.
Tether (USDT) Adds Bitcoin to its Reserves
Tether (USDT) initially launched in 2014 and is the crypto market’s largest stablecoin ranked via market cap. Tether (USDT) was a beneficiary of the USDC depeg event as traders, users, and even whales rotated from USDC to Tether (USDT). Tether (USDT) has been doing excellent business as the FED has raised interest rates. Tether (USDT) holds billions and billions of dollars in short-dated treasury bills to back the value of Tether (USDT), which can be sold when investors want to exchange Tether (USDT) at a 1:1 ratio for dollars.
As short-dated yields hit decade highs, Tether (USDT) has been clipping coupons and pocketing interest payments from the United States. Tether (USDT) has now decided to use some of this funding to buy Bitcoin (BTC), and this steady buy pressure should help markets rise.
Seasoned investors realize that this buy pressure will bolster markets in general. Hence, the best strategy for high returns is to ignore Bitcoin (BTC) and focus on altcoins, especially those with solid fundamentals such as Tradecurve.
Find out more about the Tradecurve presale here:
Website: https://tradecurve.io/
Presale:https://app.tradecurve.io/sign-up
Telegram: https://t.me/tradecurve_official
Twitter: https://twitter.com/Tradecurveapp
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2023/05/tether-usdt-bought-some-bitcoin-is-tradecurve-a-better-bet-for-investors