The new token will be deployed on the Ethereum network and backed by euro-denominated reserves held by US regulated financial entities, such as San Diego-based Silvergate Bank.
Tether Emerges as Winner as Stablecoins Wobble Amid Uncertainty Over Binance USD Token
The immediate impact hasn’t been negative for the stablecoin market Tether added $1.9 billion to its market capitalization The developments around Binance’s stablecoin have also boosted trading …
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: A trend-surfers market
BTC/USDT 1-day chart The Bitcoin price is undoubtedly in a trend-defining situation. A daily candlestick close beneath the 21-day simple moving average will be the final confirmation for trend-surfing …
Stablecoins: USDC Held on Binance Jumps, Nansen Predicts USDT to Grow More
Legislation regulating stablecoins is on the way, but in the interim, regulators are taking a sterner approach to stablecoins as some perceive them as …
Crypto Analysts Scramble to Explain Bitcoin’s Pause Near $25K
Join the most important conversation in crypto and web3! Secure your seat today. Bitcoin’s (BTC) upswing has come to a screeching halt at a price level that proved to be a tough n …
Cryptoverse: Tether tightens grip on wobbling world of stablecoins
The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Company, which mints Binance’s stablecoin, said it would …
Tether tightens grip on wobbling world of stablecoins
There’s way too much demand for dollar-based stablecoins for them to go away,” said Alex Miller, CEO at bitcoin developer network Hiro. Instead, rivals are vying to cash in on the woes of BUSD, the …
THE FUTURE OF TETHER: AN IN-DEPTH ANALYSIS OF ITS POTENTIAL IMPACT ON THE CRYPTO INDUSTRY
Introduction Tether (USDT) is one of the most prominent stablecoins in the cryptocurrency world. It is a token that is pegged to the US dollar, making it one of the few cryptocurrencies that are …
Stablecoins Are Critical For Mainstream Crypto Adoption
Even with the recent Securities and Exchange Commission (SEC) crackdown on cryptoassets – including stablecoins – the most logical and sensible path for mass crypto adoption remains via stablecoins.
Tether and Big Eyes in the Cryptocurrency Market
Though it may have been detrimental to some, this was actually the perfect opportunity for others to rise and take the spot that has now opened up – which is exactly what Tether (USDT) has done.
Stablecoins: The lifeblood of crypto
Despite the name, cryptocurrencies don’t tend to make for a good currency. They’re volatile, not always liquid, difficult to use and can suffer …
Is This The Real ‘Mysterious’ Reason Behind The Sudden $100 Billion Bitcoin, Ethereum And Crypto Price Boom?
Data has revealed this week’s $100 billion bitcoin, ethereum and crypto price boom could have been triggered by institutional investors pouring over $1.5 billion into the crypto …
The Bank of Japan to launch its CBDC pilot before May
The pilot test will continue the work on the technical feasibility of “digital yen” and extend the experiment to the modeling of a CBDC ecosystem with the participation of private companies.
Tether’s USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
Tether’s USDT, the largest stablecoin by circulating supply, has gained some $1 billion in market capitalization as crypto investors flee rival …
Tether’s USDT Gets $1 Billion in 24 Hours as US Regulators Crack Down on Crypto
The regulatory crackdown on cryptocurrencies is proving a boon for a token that’s located outside the US and being scrutinized over the transparency of its reserves.Most Read from BloombergNew Cars …
Binance Investors Withdraw Cash, Move To Tether In Stablecoin Shakeup
Paxos’ pressured departure from U.S. BUSD business is spurring shifts. Some large investors appear to be moving money off Binance, while others are taking up positions in tether (USDT) …
Researcher exposes crypto scam network exploiting YouTube
A massive network of fake YouTube videos promoted by automated sock puppet accounts is reeling in hundreds of cryptocurrency enthusiasts and persuading them to hand over their money, WithSecure …
Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
And while that seems logical, the evidence so far points to the opposite. Investors appear to be moving out of BUSD and its peers, USDC and DAI, and into tether (USDT), the world’s largest centralized …
Crypto-currency scam uses thousands of YouTube videos to connect with victims
WithSecure researchers discover a network of videos, channels and fraudulent web apps that manipulate users into joining crypto-currency investment scams.
Cuprum Coin plans to launch its own crypto exchange CUCeX.
CUC/USDT has been trading on the WhiteBIT exchange at 2.50 to 3.50 USDT for the past few months and is certainly a great long-term investment opportunity.
Wall Street Giant Cantor Fitzgerald Is Managing $39B of Tether’s Bonds
A Friday report revealed that a large portion of Tether’s bond portfolio is managed by one of the major Wall Street firms—Cantor Fitzgerald. The privately-held firm headed by Howard Lutnick is best …