The 6.11% spike in the OGN/USDT pair has reinforced near-term bullish Origin Protocol price predictions as the pair seeks to retest its most recent high at the 0.3827 price level. The OGN/USDT pair …
Unpacking the Latest Bitcoin ETF Rejections
T he U.S. Securities and Exchange Commission rejected more spot bitcoin exchange -traded fund applications. It’s worth unpacking the agency’s reasoning, even as new applications are filed. You’re …
Audius Price Prediction: Near-Term Bounce to Retest 0.365
The Audius price prediction sees the bounce on the 61.8% Fibonacci retracement level as being valid to retest the 0.365 price mark.
Tether Says it Unwound its Celsius Exposure Without Losses
The organization behind Tether said on Friday it had managed to unwind its exposure to the stricken crypto lender Celsius Network without incurring losses. Tether, the world’s largest stablecoin, said …
How Stable Really Are Stablecoins?
Some major stablecoins recently lost their peg with the U.S. Dollar, raising concerns amongst investors about their safety.
USDT Open Interest Surge and Negative Funding Rate Shows Depeg Bets
USDT, the largest stablecoin by market capitalization, has recorded many outflows over the past two months. USDT started wobbling …
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
A court in China has ordered the defendants to pay his employee $40,000 in wages using the national currency instead of the USDT stablecoin as they insisted.
Tether Fails to Calm Jittery Nerves as Short Sellers Circle
Repeated assurances by the backers of Tether, the biggest stablecoin, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets. Most Read from …
Are Hedge Funds Shorting Tether? Open Interest Up 3x on FTX Since Luna’s Fall
On-chain data indicates that some traders might be shorting USDT, expecting its reserves to not hold up against the bear 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 in the last two months compared to its $66-billion rival giant Tether is nothing short of spectacular. USDT, …
Tether’s High 3pool Share Shows Nervous Traders Ready to Offload
Cryptocurrency investors have become jittery on stablecoins after the collapse of Terra’s UST in May led to increased regulatory …
Tether, The Biggest Stablecoin, Fails to Calm Jittery Nerves as Short Sellers Circle
Repeated assurances by the backers of Tether, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.
USDT Prices Surge In Terms Of Argentine Pesos After The Economy Minister Resigns
After the Argentinian Economy Minister Martin Guzman resigned, there was a surge in demand for stablecoins like USDT, and 1 USDT was selling for as high as 310 Argentine pesos.
Tether fails to calm jittery nerves
Repeated assurances by the backers of Tether that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.
Biggest stablecoin Tether fails to calm jittery nerves with short-sellers circling
Repeated assurances by the backers of Tether that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets. Read more at straitstimes.com.
4 high-tech cyber criminals with Chinese links held: Delhi Police
The accused used to get the cheated money in different bank accounts through UPI and then convert it into crypto currency by purchasing USDT.
Tether Fails to Calm Jittery Nerves With Short Sellers Circling
(Bloomberg) — Repeated assurances by the backers of Tether, the biggest stablecoin, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.
Argentines seek hedging in crypto after economy minister resigns
Moves on crypto markets could indicate unease over the growing rift within the ruling coalition and concern over the government’s ability to tackle rising inflation and other economic challenges.
Tether sharply reduced commercial paper holdings
Tether, the company behind the USDT stablecoin, has reduced its commercial paper holdings in line with its plans for the same.
Coinsfera Has Now Made it Simple to Sell USDT in Dubai with Cash
DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / July 2, 2022 / Coinsfera, a global digital asset OTC exchange, has announced that they are making it easier for people in Dubai to sell USDT. Users can now …
Top Stablecoin Tether Slashes Commercial Paper Holdings Amid Crypto Gloom
Usually underpinned by reserves of assets such as the U.S. dollar, gold and government debt, stablecoins are widely used in cryptocurrency trading and Tether is the predominant me …