Demand for stablecoins continues to grow amid financial uncertainty. As a new COVID-19 stimulus bill is debated in the United States Senate and Bitcoin ( BTC) begins to bounce back from its volatility …
Tether whales move over 300,000,000 USDT in a single day
The latest development is Tether whales moving over 300 million USDT between July 30 and July 31 in over 25 transactions, as seen on Whale Alert, an advanced blockchain tracker, and analytics system.
OKEx Completes Trading Contest With Winners Sharing 50,000 USDT Prize Pool
Digital assets exchange OKEx announced on Friday it held its latest Trading Contest last week with one of CoinList’s largest-ever ICO tokens, Filecoin (FIL), and a total prize pool of 50,000 USDT. OKE …
Stablecoin Staking is Finally Possible: Neutrino USD (USDN) Offers a Safer Alternative to Tether
Covid-19 pandemic has given a tremendous boost to the stablecoin markets as investors search for ways to protect their capital. Read on.
Augur launches V2 on its mainnet, REP/USDT unaffected
Augur (REP), a decentralized prediction markets platform, has recently unveiled its V2 on the mainnet. The long-awaited upgrade allows users to purchase and sell shares of event outcomes using the DAI …
Paolo Ardoino, CTO at Bitfinex, Says Tether’s USDT Stablecoin Will Remain Relevant Even When CBDCs are Launched
Ardoino has predicted that Tether’s USDT will continue to exist even when CBDCs are launched. He pointed out that USDT has been issued on several major blockchain networks such as Algorand …
OKEx lists Synthetix, SNX/USDT consolidates in a triangle formation
OKEx derivatives exchange has recently listed SNX – the native token of Synthetix, a derivatives liquidity protocol for issuance and trading of synthetic assets. SNX token deposits and spot trading …
Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K
The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau …
Bitcoin Price’s Latest Surge Will Continue, Analysis Reveals
Analysts still expect Bitcoin to go up after a massive 20% price rally in the last seven days. The number of BTC and USDT being transferred to exchanges is indications that traders want to accumulate …
Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
Tether ( USDT) exchange inflow has recently spiked to its highest level in the last 8 months, according to data from on-chain data provider Glassnode. Exchange inflows for the stablecoin reached a …
OKEx Launches Its 3rd Elite Team Trading Contest with a 150,000 USDT Prize Pool
PRNewswire/ — OKEx ( a world-leading cryptocurrency spot and derivatives exchange, has announced the launch of its third Elite Team …
Filecoin’s mainnet to launch before August 21, XFIL/USDT charts six straight bearish days
Filecoin has recently announced that its mainnet will launch before August 21. Major Chinese exchanges like OKEx and Huobi have started offering Filecoin Futures trading. Despite Filecoin being a …
Sizable Portion of Tether’s $4.5B Growth Comes from Exchange Fiat
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT …
Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold …
As Gold Sets Highs Past $1,900 Per Troy Ounce, Stablecoin Issuer Tether Claims Demand for its Gold-backed Crypto, XAU₮, has Also Surged
As Gold sets highs past $1,900 per troy ounce, stablecoin issuer Tether claims demand for its gold-backed crypto, XAU₮, has also surged.
With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again …
Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court.
Perpertual Futures Contracts for Ampleforth’s AMPL Tokens Launched on FTX, Trading with USD and Tether (USDT) Also Supported
FTX, a crypto-asset and derivatives exchange, announced on July 23, 2020 that it has listed new AMPL/USD and AMPL/USDT trading pairs. FTX has also introduced the first perpetual futures contracts for …
Binance lists Maker and Dai tokens amid DeFi boom
The exchange supports eight trading pairs for the tokens — MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB, DAI/BTC, DAI/BUSD, and DAI/USDT. The listings come amid decentralized finance (DeFi …
Tether dominance grows as market cap tops $10 billion
Tether has risen above $10 billion in market capitalisation as the most liquid stablecoin continues to enjoy rapid growth. It is now the third largest cryptocurrency in circulation after leapfrogging …
Tether (USDT) Daily Transaction Volumes Could Soon Exceed Bitcoin’s
Data shows the daily volumes for Tether – a controversial stablecoin pegged 1:1 with the U.S. dollar – could soon exceed those of Bitcoin’s. Tether to Soon Eclipse Bitcoin What was to be a mere …