Cryptocurrency exchange Bitfinex has allegedly paid back another $550 million to Tether, thus now covering more than 100 percent of its $750 million loan facility they took two years ago.
Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment
In a short statement today, Bitfinex — the sister company to centralized stablecoin Tether — announced that it has repaid Tether an outstanding loan balance of $550 million. This action fully closes …
Tether receives remaining $550 million Bitfinex loan payment
Digital asset platform Bitfinex has paid off the remaining $550 million of a loan issued by its sister company Tether, according to its General Counsel …
Breaking: Bitfinex has repaid $550 million to Tether, the remaining loan balance
The cryptocurrency exchange Bitfinex and sister company of Tether says it has repaid the $550 million outstanding loan. In 2018, Tether took a $900 million loan for Bitfinex and had legal issues in …
Tethering Apps Market to see Huge Growth by 2025 | TP-Link, Clockworkmod, Foxfi Software
A Latest intelligence report published by AMA Research with title Tethering Apps Market Outlook to 2025 A detailed study accumulated to offer Latest insights about acute features of the Global …
200 Million Tether Transferred from Bitfinex to Huobi
Tether, the stablecoin pegged with the US Dollar, saw a massive transfer today when 199.99 million USDT were moved from Bitfinex to Huobi.
Yearn Finance price at risk of sell-off after suffering severe exploit
Yearn Finance price dropped 15% as its platform suffered an exploit from an attacker. The exploit of the ‘v1 yDAI’ vault has led to $11 million in losses. YFI faces a threat of further collapse if …
Litecoin Price Forecast: LTC enters new bull rally towards $300
Litecoin price flashes bullish signs on lower and higher time frames hinting at a massive rally. LTC bulls could push prices to retest previous all-time highs. On-chain metrics suggest a strong …
Tether’s Allegedly Growing Role in Illegal Activities
Tether’s Allegedly Growing Role in Illegal Activities. Tether has been the subject of multiple studies in recent years. Most fit into at …
Coin Metrics co-founder takes aim at WSJ’s Tether FUD
Reputable data analyst fires back at “wild theories” about Tether reported by the Wall Street Journal. The co-founder of crypto data and insights firm Coin Metrics has fired back at yet another …
USDC on exchanges doubled in January while Tether’s dominance fell to new lows
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever. Read more …
Tether (USDT) Achieves Market Capitalization of $26.61 Billion
Tether (CURRENCY:USDT) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on February 1st. One Tether token can now be purchased for about $1.00 or …
Circle’s USD Coin grows as Tether loses its market share
Tether (USDT) has been the biggest and most dominant stablecoin in the crypto industry. It even managed to climb to the position of the third-largest cryptocurrency by market cap. However, the project …
Circle’s USDC Stablecoin Market Cap Grows 50% Year to Date
The total market cap of the USDC stablecoins currently in circulation has made a record significant increase since the beginning of 2021.
Here is how stablecoins on-chain activity can help time Bitcoin price action
An increase in Tether’s exchange inflow has coincided with the three times Bitcoin has dropped to $30,000. Bitcoin is trading slightly below $34,000 while battling the selling pressure at the 100 SMA …
Behind the Bitcoin Bubble
Manipulative actors have been known to take advantage of the madness of crowds.
DeFi Aggregators Just Round The Corner Are A Complete Generational Upgrade
DeFi Aggregators Just Round The Corner Are A Complete Generational Upgrade. @ elizabeth-levine I write everything technology Twitter …
Tether Trading 0.1% Lower Over Last Week (USDT)
Tether (CURRENCY:USDT) traded down 0% against the dollar during the one day period ending at 14:00 PM Eastern on January 30th. In the last week, Tether has traded down 0.1% against the dollar. One …
Stablecoin holdings on crypto exchanges hit a new all-time high
Stablecoin allocations on cryptocurrency exchanges have hit a new all-time high, surpassing $4.7 billion on Jan. 28.
Full Blown Collapse of USDT May Have Huge Effect on Wider Market
While a complete collapse is possible, that is not the only consequence Tether could face. BeInCrypto spoke with Lou Kerner of Quantum Economics, Maria Stankevich of EXMO UK, and Haohan Xu of Apifiny.
Is Tether Putting Bitcoin at Risk?
An article published by “Crypto Anonymous” asserted that Tether has been responsible for serious bitcoin price manipulation that could cripple both the Bitcoin network and bitcoin. Bitcoin is no …