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 …
Binance USD’s $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry
Binance CEO Changpeng Zhao wrote Monday in a tweet that “BUSD market cap will only decrease over time.” USDT is the largest stablecoin, with some $69 billion outstanding, followed by USDC at $41 …
Stablecoin Issuers May Be Crypto Industry’s Achilles’ Heel
Market cap of USDT, USDC and BUSD as a percentage of Ethereum’s total market cap The raison d’etre of many cryptocurrency firms is to decentralize finance by reducing dependency on institutional …
Selling USDT in Dubai is Now Easier in 2023 at SUID Crypto OTC
Dubai, United Arab Emirates–(Newsfile Corp. – February 13, 2023) – SUID (Sell USDT in Dubai) cryptocurrency OTC desk in Dubai will continue to enable visitors to sell Tether in Dubai in 2023. As per …
BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens
Tether is the world’s largest dollar-pegged stablecoin by market value. The de-pegging to the lowest level in over a year happened after the New York Department of Financial Services ordered Paxos …
Five altcoins above 200-day MA that could explode soon, ranked best to worst
TRX/USDT 1-day chart Enjin Coin price action also resembles TRON as it has not only moved above the 200-day SMA but is also actively signaling a hidden bullish divergence. So far, ENJ has rallied 130% …
Billions Of Tether’s Reserves Were Stored At Cantor Fitzgerald, Capital Union And Ansbacher
The stablecoin was designed to be pegged to the U.S. dollar, meaning the price of one Tether (USDT) should equal roughly $1 with little volatility compared to the dramatic price swings of bitcoin or …
Stablecoin Issuer Tether’s Reserves Partly Managed by Cantor Fitzgerald: WSJ
The Wall Street bond trading powerhouse is managing Tether’s $39 billion bond portfolio, according to the report.
Tether’s Attempt to Block CoinDesk’s Request for Stablecoin Reserve Records Dismissed by New York Court
A New York judge on Friday rejected an attempt by iFinex and related companies, which include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk’s request for information …
Longmeadow woman falls victim to crypto scheme through dating app
“Once I sent the funds from my bank institution to Crypto, I then bought USDT and transferred the funds into Bitpie. They explained to me how to perform the transactions and I increased my funds to …
Tether Reports $700M Profit Boost, Zero Commercial Paper In 2022
Tether Holdings Limited, the company behind the popular stablecoin USDT (CRYPTO: USDT) reported a net profit of more than $700 million in the last quarter of 2022, according to its latest Consolidated …
Tether Flaunts $700M Q4 2022 Net Profit Despite Troublesome Crypto Winter
“We are proud of how Tether has continued to be a driving force in rebuilding trust within the crypto industry, and we are determined to continue to set a positive example for our peers and …
Stablecoin issuer Tether records $700M profit for Q4, reserve report shows
Tether Holdings, the company that issues stablecoin tether (USDT-USD), ended a turbulent 2022 with more than $700M net profit added to its reserves in Q4, underscoring …
Bitcoin and Ethereum battered by market bears and crypto staking controversy
Risk markets inlcuding bitcoin (BTC) appear to have had some sense beaten into them, following Wednesday’s comments from Federal Reserve chair Jerome …
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether is the issuer of USDT, the world’s largest stablecoin by market capitalization. Stablecoins are tokens that are meant to always be fully backed by an equivalent value of reserve assets. The …
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
Tether, issuer of the world’s largest stablecoin, USDT, reported $700 million in fourth-quarter profit in its latest attestation report. The profit has been added to Tether’s reserves. Excess reserves …
Tether Reports $700M in Profits Despite ‘Tumultuous End to 2022’: CTO
Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter.
Biggest Crypto Gainers Today – February 8
The crypto industry has risen again and investors are flocking towards good projects. Read on to know about the top top gainers today.
Uniswap Price Prediction: The final attempt for gains
Uniswap is struggling to breach the $7 resistance zone, but it is finding ascending support in the process. A breakout from the consolidation will likely define the trend for weeks to come. Uniswap …
Scammers steal $4 million in crypto during face-to-face meeting
Ahad Shams, the co-founder of Web3 metaverse gaming engine startup Webaverse, discovered in late November 2022 that someone had stolen $4 million of his cryptocurrency – during a real world …