The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El ...
Tag: USDT
Chinese Court Says That Wage Payment in USDT Is Against the Law
Last year wasn’t a smooth ride for crypto in China, if anything, it was the opposite. Starting with prohibiting financial institutions from making any transactions in crypto to stopping domestic minin...
Crypto Analytics Firm Glassnode Says Nearly Half of Bitcoin (BTC) Holders at a Loss, Evaluates ETH and USDT
Market intelligence firm Glassnode is assessing a trio of crypto assets as the markets seek to end the week on a positive note. In its latest analysis, Glassnode says nearly half of the Bitcoin (BTC) ...
Chinese Court Declares All Salary Payments in USDT Stablecoin Illegal – crypto.news
A Chinese court has deemed the Tether USDT stablecoin unsuitable for salary payments following the nation’s blanket ban on all types of crypto transactions. China’s Cold Relationship with Cryptocurren...
Is USDC Going To Take Over USDT?
USD Coin(USDC) has come historically close to Tether (USDT). There is now only $10 billion separating the two biggest stablecoins. USDC & USDT account for more than 80% of total market share...
Tether [USDT]: Whales and what a new 3-year low means for the stablecoin
The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in th...
Will Tether USDT be overtaken by USDC as it declines?
4 hours ago | 2 mins read Altcoin News USDT market cap dropped below $70 billion. The number of significant accounts holding USDT has decreased. After Terra’s collapse Tether (USDT) became the largest...
Tether (USDT) Whale Wallets Hit 3-Yr Low, What Does It Mean?
Ongoing aversion to Tether (USDT), the largest stablecoin, appears to have spread into its largest wallets, new data shows. Data from blockchain analytics firm Santiment shows that addresses holding b...
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide
Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the right moment has come to study the features of USD Coi...
No Coins For You! Chinese Court Declares Salary Payments In USDT Stablecoin Illegal ⋆ ZyCrypto
Advertisement     Although Chinese authorities previously banned cryptocurrency trading and mining outright and caused the closure of many crypto-related businesses in...
China Court Rules Restrictions On USDT, Here’s Why
China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the m...
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees. Beijing’s Chaoyang Dis...
USDC Shines, While USDT Still Remains Concerned For Traders ! – Coinpedia – Fintech & Cryptocurreny News Media
When compared to its $66 billion rival giant Tether (USDT), Circle’s native stablecoin USD Coin’s growth in the previous two months has been nothing short of amazing. Notably, since May, USDC’s market...
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio...
Peter Brandt: There Is No Way I Would Hold Assets in Tether (USDT)! – Coinpedia – Fintech & Cryptocurreny News Media
The recent increase in the value of the U.S. dollar is causing large investors to withdraw from the cryptocurrency market, as evidenced by last week’s institutional net flows. Investors withdrew from ...
LYOTRADE launches crypto loans to use USDT and win against volatility
The LYOTRADE crypto exchange launches new services to offer loans made with cryptocurrencies. LYOTRADE is part of the LYOPAY ecosystem, a name that is making its way into the fintech industry. With t...
How Stable Is Tether? Data Shows USDT At Massive Liquidity Imbalance
The Tether stablecoin (USDT) appears to have failed in convincing investors that it is able to handle mass redemptions in the market. Data from Curve- the largest DeFi stablecoin exchange- shows that ...
Tether Shorters Amass While Crypto Investors Continue to Dump USDT
Tether short-sellers are building in numbers as investors dump liquidity, despite reassurances from the stablecoin firm that its reserves are fully-backed. A liquidity pool allowing swaps between the ...
Argentines Turn to USDT as a Hedge After Finance Minister Quits
Argentines turn to stablecoins as a hedge after the resignation of former Economy Minister Martin Guzman on Saturday. Guzman penned a resignation letter published on Twitter after months of infighting...
MoonXBT adds USDT spot trade in DAI, ADA, AVAX, LTC, FTT, LINK, FTM
MoonXBT, a crypto derivatives & social trading platform, has now announced it has successfully launched new USDT spot trading pairs in the following markets: DAI/USDT, ADA/USDT, AVAX/USDT, LTC/USD...
LYOTRADE Launches Crypto Loans—Get USDT and Win Against Volatility
We have seen the launch of a new service: Loans made with cryptocurrencies. Who is offering this? The LYOTRADE crypto exchange! LYOTRADE is part of the LYOPAY ecosystem, a name that is making its way ...
LYOTRADE Launches Crypto Loans – Get USDT and Win Against Volatility
Last Updated on Jun 30, 2022 at 14:42 We have seen the launch of a new service: Loans made with cryptocurrencies. Who is offering this? The LYOTRADE crypto exchange! LYOTRADE is part of the LYOPAY eco...
Response From Tether CTO On Reports Of Shorting USDT By Hedge Funds
Newly surfaced reports revealed that some hedge funds are now shorting Tether USDT. A Monday report from the Wall Street Journal (WSJ) stated several opened short positions on USDT. According to the r...
Tether CTO Paolo Ardoino Says Hedge Funds Attempting To Sabotage USDT
Tether’s chief technology officer says certain hedge funds recently attempted to spread panic and profit off shorting Tether (USDT). Tether CTO Paolo Ardoino says hedge funds helped spread rumors that...
Is Terra Labs Involved in Price Manipulation With $3.6B USDT & UST? Decoding the Truth
Terra Labs may have roughly $3.6 billion in USDT and UST, as shown in a CoinDesk Korea article. According to the news source, the money could be used for exchange and DeFi price gouging or financial f...
Terra may own $3.6 billion in UST and USDT
Terra Labs may own $3.6 billion in Tether (USDT) and Terra USD (UST) used for price manipulation on exchanges and in DeFi or for money laundering. Authorities are verifying the news with exchanges. T...
Hedge Funds Launch ‘Coordinated Attack’ On Tether’s USDT Following Terra (LUNA) Crash ⋆ ZyCrypto
Advertisement     Hedge funds are shorting Tether’s USDT with the trades running into hundreds of millions. Tether’s CTO thinks that the move is a “coordinated attack”...
CoinDesk Korea Reports Do Kwon’s Terra Has $3.6 Billion in UST and USDT To Manipulate Prices or Launder Money
– Advertisement – CoinDesk Reports That Do Kwon’s Terra took 4.6 trillion won in slush money. After Terra’s May 7 crash, Uppsala Security and CoinDesk Korea investigated using on-chain d...
Tether CTO Calls Out Hedge Funds Shorting USDT
Tether’s CTO has responded to reports that claimed that hedge funds have short bets on the USDT stablecoin. WSJ Reports Shorting Bets On June 27, The Wall Street Journal reported that hedge fun...
Tether CTO Paolo Ardoino Addresses Hedge Funds Trying to Harm USDT
Tether Chief Technology Officer, Paolo Ardoino has come out once again to address the attempt by some hedge funds to harm Tether through short selling. Ever known to be very vocal on Twitter, Ardoino ...