Hello everyone, let’s take a look at the BTC to USDT chart over the 4 hour timeframe on 07.09.2022. As you can see, the price is moving below the local downtrend line Let’s start with the ...
Tag: USDT
Coinbase Adds Popular DeFi Token and Five Additional Altcoins to Roadmap, Makes USDT Available in 31 Countries
Coinbase just added six new altcoins to its listing roadmap, which puts the tokens on the path toward being listed on its burgeoning roster of tradable digtal assets. The exchange says it plans to inc...
Bitcoin (BTC) to USDT chart over a 1 day timeframe…
Hello everyone, let’s take a look at the BTC to USDT chart over a 1 day timeframe on 06.09.2022. As you can see, the price is moving below the local downtrend line. Let’s start with the de...
Huobi announces USDT 2M trading contest to celebrate ETH 2.0
Huobi Global is a leading crypto trading platform that is run by Huobi Group. The said platform has announced the launch of the Huobi Trading Contest. The contest has been arranged to celebrate the mu...
Tether (USDT) Seek Termination of Legal Firm Linked to Avalanche (AVAX)
Tether (USDT) has requested that Roche Freedman, the legal firm accused of holding a “secret pact” with Avalanche (AVAX), be terminated from a class action suit brought against the stablecoin issuer, ...
Saylor claps back at tax fraud allegations; USDT and USDC at war for market dominance
The biggest news in the cryptoverse for Sept. 1 includes Michael Saylor disagreeing with allegations of tax avoidance, U.S. probing Binance over AML compliance since 2020, Celsius asking to return $21...
Stablecoin wars heat up as USDC and USDT battle for market share
Since the Terra Luna crisis earlier this year, there has been a shake-up in the stablecoin ecosystem. At the time of its collapse, TerraUSD (UST) had a market cap of just over $18 billion, which was w...
Stablecoin Issuer Tether Responds to Accusations of Having Insufficient USDT Reserves
The issuer of stablecoin Tether (USDT) is denying a report that appeared in the Wall Street Journal claiming that the dollar-pegged crypto asset is insufficiently backed. While branding the report as ...
Argentinean Province Allows Residents to Pay Taxes in USDT (Report)
The authorities of the Mendoza province reportedly enabled citizens to pay government fees and taxes in cryptocurrencies. The region’s tax administration described the move as “the strategic objective...
Tether takes an interesting stance, USDT benefits from it
In an unprecedented move, Tether [USDT] has defied Office of Foreign Assets Control (OFAC) sanctions. The organization has decided to go against the OFAC on the grounds of the latter not indicating “t...
Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses
Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...
Tether (USDT) Slashes Commercial Paper Holdings
USDT Price at the time of writing – $1.00 Tether has increased Cash and Bank Deposit Reserves Commercial papers are unsecured promissory notes As per guarantees, it made recently, top stablecoin backe...
Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves
In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercia...
Tether Hires New Auditor BDO Italia For Monthly USDT Reserves Report
Leading stablecoin issuer Tether has hired accounting firm BDO Italia to replace Cayman Islands firm MHA Cayman in overseeing its attestation reports for USDT reserves. The USDT issuer said it plans ...
Tornado Cash Ban Impact on USDC and USDT
Tornado Cash ban in the United States brings news of its repercussions every now and then. Out of these, some are factful instances while others are just wild guesses. Amidst this chaotic situation, c...
USDC Supply Declines but USDT Supply Has Increased by Over $2B
The Supply of USDC Has Decreased According to statistics, the supply of USDT increased by 2.6% to 67 billion USD in 30 days while the supply of USDC decreased by 2.1% to 53 billion USD. The amou...
Investors Convert $1.6B Worth Of USDC To USDT Amid US Regulatory Sanctions – crypto.news
According to reports, crypto investors have converted their USDC stablecoin worth over $1.6 billion to another stablecoin, USDT. This is due to the ripple effect of the latest US sanction on Tornado C...
Why Is Tether (USDT) More Preferred Than Bitcoin In Crypto Casinos?
Living in a digital age calls for modern solutions. That’s why most online gamblers prefer crypto casinos over their traditional counterparts. A crypto casino has much to offer, that goes without sayi...
Investors Dump $1.6B in USDC for USDT
Financial backers moved billions of dollars from USDC to USDT, as U.S. controllers clipped down on crypto firms Around $1 billion was moved after the prohibition on Tornado Cash Spectators say the cry...
USDT market cap up by $2 billion following Tornado Cash debacle
The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash. The Office of Foreign As...
Investors Dump $1.6B in USDC for USDT Amid Regulatory Clampdown
Investors moved around $1.6 billion from USDC to rival stablecoin USDT over the past month as regulators in the U.S. clamped down on cryptocurrency companies. A significant sum switched over to USDT a...
USDT takes this long stride to win the stablecoin battle with USDC
The battle between the top two stablecoins continues to see new feuds over land on a monthly basis, each taking turns to strategize their winning plays. So here’s the latest fact check on the current ...
USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets
Tether’s CTO Paolo Ardoino has identified an increase in USDTs market supply over the last 30 days compared to its rival USDC, which declined over the same period. Why no one is talking about it? ? pi...
USDT, USDC, XRP, ADA, and DOT » CryptoNinjas
Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond *BTC, and ETH* to include USDT, USDC, XRP, ADA*, and DOT. ...
Tether (USDT) and USDC Issuer, Circle Pledge Support – crypto.news
Tether (USDT) and USD Coin (USDC) issuers have thrown their weights fully behind Ethereum transition to the proof-of-stake (PoS) consensus algorithm, as September 19, 2022, Merge date draws near, acco...
USDC Predicted to Surpass Tether (USDT) As The Biggest Stablecoin In 3 Months ⋆ ZyCrypto
Advertisement     USDC, the fiat-collateralized stablecoin issued by payments technology firm Circle, has recently recorded massive growth, as the asset appears to be ...
USDT Supply Ratio On Crypto Exchanges Spikes Exponentially, Here’s What It Means?
The USDT supply ratio on crypto exchanges witnessed a massive surge in three months. The space observed this development amidst two significant stages of the crypto markets from May to late-July. Such...
USDT volume on exchanges up 20% in 3 months
The ratio of Tether (USDT) on exchanges is up 20% in the last three months, according to Santiment data. ? The ratio of #Tether on exchanges has gone from 19.7% on May 9th to a whopping 42.0% three mo...
Tether Supports The Merge Upgrade On Ethereum, USDT Issuer Announces.
Most anticipated Ethereum received support from yet another popular sector within crypto space. Reports are that several stablecoin issuers announced their intentions to back ‘The Merge’. Stablecoin i...
USDC, USDT, BUSD caught in the midst of tornado- Here’s how
The invention of Bitcoin [BTC] in 2008 led to the idea of decentralization which became the mantra of the entire crypto ecosystem. However, it was necessary to involve regulators and central authoriti...