Addresses with large USDT holdings are moving their assets off exchanges. Tether’s market cap dominated Circle, but earlier high sentiment has reduced. Over the weekend, stablecoins became “unstable” ...
Tag: Tether
Whales Withdraw $4B Tether Amid Market Volatility: Crypto Crash Or Enticing Opportunity?
According to on-chain analytics provided by Lookonchain, a crypto whale made over $3.3 million over the weekend by purchasing USDC at its lowest point during the USDC de-pegging incident. The whale t...
Tether Stablecoin Dominance Hits Highest Point in 18 Months
Stablecoin tether (USDT) continues to dominate the market as traders and investors shun major rivals in favor of the world’s largest digital asset pegged to the US dollar. A view of USDT’s market domi...
Tether Benefits From USDC Chaos, USDT Dominance Now 58%
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin’s dominance has now hit 57.8%. Tether (USDT) Dominance Has Surged To 57.8% Now As per t...
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums – Market Updates Bitcoin News
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded...
Tether triumph over other stablecoins
Until a few months ago, many argued that among the major stablecoins pegged to the U.S. dollar Tether (i.e., USDT) was the most problematic. Instead, the last few weeks have shown the exact opposite. ...
Stablecoins depegged, Tether remains the king of all stablecoins
Some stablecoins observed their value drop from their pegged value; meanwhile, USDT stood still. Over the past few weeks, markets have shown high volatility. In the first week of March, one of the ban...
Lugano After One Year on its Bitcoin and Tether Standard
It’s been one year since the Swiss city of Lugano established Bitcoin and Tether (USDT) as de facto legal tender within its borders. Since then, how has its adoption initiative fared?On Monday, Tether...
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked by the depeg of Circle’s USDC stablecoin on March 11, according to Cry...
TMS Network (TMSN) Disrupts Trading Industry with Innovative Ideas, While Tether Emerges as Leading Stablecoin as BTC Faces Rate Fears
Advertisement     Join us as we explore the two players revolutionizing cryptocurrency investment: Tether (USDT) and Bitcoin, and learn about the revolution that TMS N...
USDC and DAI remain at about $0.90 following Circle’s disclosure of funds at SVB
The fallout from the collapse of Silicon Valley Bank spread overnight to the USDC stablecoin, which lost its peg to the U.S. dollar and dropped as low as $0.88. Following Circle’s disclosu...
Avoid Market Volatility With Big Eyes, Stablecoins Tether And Origin Dollar
Here is why stablecoins like Tether and Origin Dollar are ideal for those who wish to avoid the instability of altcoins. Although it isn’t a stablecoin, Big Eyes is doing all it can to keep investors ...
USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed
Following the second-largest bank collapse in American history on Friday, market participants are worried about which firms might be caught up in the contagion surrounding Silicon Valley Bank (SVB). ...
Tether Fights Back as It Accuses WSJ of Biased Reporting and Ignoring Real Culprits in Cryptocurrency Industry
The battle between Tether, one of the largest stablecoins in the cryptocurrency market, and the Wall Street Journal (WSJ) has been long and arduous. Tether has been fighting against what it claims is ...
Tether dominance is still increasing- The Cryptonomist
Tether’s USDT has always been the leading stablecoin in crypto markets. In 2022, however, the implosion of the algorithmic stablecoin UST had put fears into circulation that also concerned Tether’s re...
$3 Million Worth Tether USD (USDT) Account Has Just Been Frozen, What’s Going On?
Gamza Khanzadaev Here’s why account with $3 million worth Tether USD (USDT) may have just been frozen According to Whale Alert, another address on the TRON network was frozen today, containing U...
CFTC head says stablecoins are in agency’s jurisdiction without ‘clear direction from Congress’
The head of the Commodity Futures Trading Commission views most stablecoins as commodities, barring new law that could change their classification. “Not withstanding that, they are a commo...
Bullish Movement For Best Altcoins Tether and Ethereum As Top Presale Big Eyes Coin Raises Over $31 Million
Ever since US regulators decided it was finally time to reign in crypto, there have been a few incidents that look to be forever changing the way the very structure of the market. Bitcoin was hit imme...
Tether shines as leading stablecoin in evolving market
Ad Following the FTX disaster in November, the stablecoin market has significantly changed, losing $12 billion in value. More recently, the issue was compounded by troubles at BUSD as the New York Dep...
Tether Responds to Allegations of Fake Documents, Says Reports Wholly Inaccurate and Misleading
Tether is pushing back against a report that alleges those backing its stablecoin project falsified documents to remain connected to the banking world. In a new blog post, Tether refutes a story publi...
BoJo donor Christopher Harborne named as intermediary in Tether fraud claims
Big-time Brexit and Boris Johnson donor Christopher Harborne has been named in disclosures first reported by the Wall Street Journal (WSJ) that suggest Tether evaded blocks by US banks through falsify...
Tether stablecoin responds to WSJ attack
Tether stablecoin has responded to a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts. Specifically, Tether accused the WSJ of “stale allegations” o...
Tether whale Heka Funds manager explains 100% returns
Following our reporting last week on Heka Funds, the Tether whale surrendered its investment license to the Malta Financial Services Authority (MFSA). In the wake of this news, Protos got in touch wit...
Tether Responds to WSJ FUD Regarding Falsified Bank Documents
Leading stablecoin issuer Tether has once again slammed mainstream media, The Wall Street Journal, for publishing a report that claimed the firm and its affiliates falsified documents and shell compan...
Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts
The company behind stablecoin Tether (USDT) has rebuffed a report by The Wall Street Journal (WSJ) claiming it had ties to entities that faked documents and used shell companies to maintain access to ...
Tether companies allegedly used fake documents to access banking services
Some companies behind Tether (USDT) reportedly used fake paperwork and shell companies to get bank accounts after the stablecoin’s then-banking partner, Wells Fargo, halted services for several of Tet...
Tether Used Account Involved in Terrorist Money Laundering: WSJ
A new report by the Wall Street Journal alleges that Tether accessed global banking accounts through crypto firms that used fraudulent documents and shell companies. Investigations by the Wall Street ...
Tether denies WSJ allegations of falsified bank documents
Ad Tether has denied reports on March 3 suggesting that it was involved in external attempts to obtain bank accounts through falsified documents. WSJ claims Tether exec signed false documents On March...
Tether Used Fake Documents to Open Bank Accounts: WSJ
Tether’s troubles continue. According to a Friday WSJ report, companies backing the world’s biggest stablecoin used fake documents and shell companies to help its parent company get into the banking s...
The Weekend Shift: Tether, Silvergate, and more
Welcome to the 108th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
Did Tether falsify documents to fool cautious banks?
Stablecoin giant Tether falsified documents that were provided to its banking partners, according to reporting from the Wall Street Journal (WSJ). The company is also reportedly under investigation by...
Tether Refutes WSJ Report On Using Fake Documents To Gain Banking Access
Stablecoin issuer Tether on Saturday responded to the Wall Street Journal’s report on using fake documents and shell companies to gain banking access. The USDT issuer remarks the report as another FUD...