Cryptocurrency News
Tether recently minted another 2 billion USDT on Ethereum and Tron networks, marking a significant liquidity boost. Over the past eight days, Tether has created a total of 8 billion USDT, with 6.067 billion of these funds actively injected into the crypto market. This influx of capital has been instrumental […]
Tether recently injected $4 billion into the crypto market, minting $2 billion in USDT twice over the last two days. This influx has driven a surge in demand for Bitcoin, sending the price to a new high of $89,500 as traders and investors rush to acquire assets. 2 days ago, […]
The Wall Street Journal recently reported that U.S. authorities are investigating Tether, the issuer of the stablecoin USDT. However, Tether’s CEO swiftly denied these claims on the platform X (formerly Twitter). He clarified that the company maintains regular communication with law enforcement to prevent any misuse of USDT by rogue […]
Tether (USDT) may not always be in the spotlight, but it remains a cornerstone of the cryptocurrency market. In September alone, over $424 billion worth of USDT was transferred on the TRON network, marking one of the largest monthly transfer volumes ever recorded. Stablecoins have seen a surge in popularity […]
Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy. Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will […]
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The […]
Recent on-chain reports reveal significant activity in the Ethereum ecosystem, with Ethereum ICO participant 0xc33/0xe6d making a notable sale of 2,000 ETH for 5.995M USDC at an average price of $2,997 over the past few hours. This participant, who received 33,213 ETH during the Ethereum Genesis ICO on July 30, […]
The aggregate stablecoin supply has witnessed significant expansion since October 2023, experiencing a notable monthly increase of $4.17 billion in December—an unprecedented surge not seen since March 2022. This surge has propelled the current market capitalization of all stablecoins to an impressive $128 billion. Since Oct 2023, the Aggregate Stablecoin […]
Tether, a major player in the crypto space, which is recognized for its fiat-backed stablecoins, has recently made a significant move involving the leading cryptocurrency, Bitcoin. This is coming as the continued craze around BRC-20 tokens is still very much in play. Many traders and investors are making arguments on […]
Tether (USDT), the world’s most prominent stablecoin, is making waves in the cryptocurrency market once again, and this time it’s the large USDT holders, often referred to as “whales,” who are taking center stage. Recent events have seen Tether’s top 10 largest wallets accumulating USDT at a rapid pace, resulting […]
In recent weeks, Tether (USDT), the world’s largest stablecoin, has shown remarkable resilience and heightened activity on the blockchain. The surge in onchain activity and accumulation of USDT in specific wallet categories signal growing interest and confidence in the stablecoin. Active USDT Addresses Hits New High Active addresses for USDT […]
Tether (USDT), one of the leading stablecoins in the cryptocurrency market, has recently exhibited significant activity, with a notable surge in its presence on exchanges and an increase in holdings among its top addresses. These developments hint at a potential shift in the dynamics of the cryptocurrency market. Exchange Supply […]
The cryptocurrency market is abuzz with the latest developments involving Bitcoin and Tether (USDT) whales and sharks, who are showing a strong accumulation trend. These large holders, with 10 to 10,000 Bitcoin in their wallets, have now accumulated their highest Bitcoin holdings in 2023, totaling 13.03 million BTC. Positive Sentiment […]
When people think of Tether’s USDT stablecoin, the Ethereum blockchain will be mentioned relatively quickly. However, it seems as if the USDT issuance on TRON is also on the rise, as its circulation amount surpassed $2.5 billion. It is rather interesting to see how the USDT supply is distributed across […]
Some days, it would appear if the entire cryptocurrency community is upset about Tether. Rather than burning coins, the supply seemingly keeps increasing every so often. It is only normal to see people start to question what is going on exactly. An Interesting Tether Plot Twist Stablecoins are only supposed […]
You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance. Sadly, that is not the case, but ether’s USDT is still firing on all cylinders across the board. Virtually all major stablecoins are issued on the Ethereum blockchain today. Tether […]
There is always one development in the cryptocurrency space that will leave people puzzled. Barring all of the CoinMarketCap controversy, the big news this weekend is how Tether overtook XRP in market capitalization. The total valuation of individual projects tied to the cryptocurrency space is always evolving. Tether Jumps Over […]
Tether has proven to be a very popular stablecoin in the cryptocurrency. It is also making Bitfinex a ton of money, and will likely continue to do so for some time to come. With a market cap of $4.655 billion at the time of writing, Tether remains incredibly popular. Tether […]