Cryptocurrency News
Tether has minted another $2 billion USDT on Ethereum, adding to the $19 billion minted since November 6 across Ethereum and Tron. Over the past four days alone, $4 billion USDT has been issued, fueling liquidity on various exchanges. This surge coincides with Bitcoin surpassing the $100K mark twice during […]
This week, the stablecoin market cap reached a new milestone, surpassing $190 billion and breaking its previous record from April 2022. The surge coincides with Bitcoin hitting all-time highs and the overall cryptocurrency market cap soaring to $3.4 trillion, underscoring the rapid adoption of stablecoins in the digital finance ecosystem. […]
Over $9.7 billion worth of stablecoins have been minted in the past 30 days, with much of this influx flowing directly to exchanges. This surge signals that big money is positioning itself, with stablecoins playing a quiet yet pivotal role in driving market activity. Over $9.7B in stablecoins minted in […]
Tether (USDT), the largest stablecoin by market capitalization, has surpassed a significant milestone, crossing $130 billion in market cap. This achievement highlights its growing dominance in the cryptocurrency space, underpinned by impressive on-chain activity and user adoption. USDT's market cap has surpassed $130B. Here are some key insights👇 âž–USDT processed […]
Tether has been on a minting spree, issuing another 3 billion $USDT on Ethereum and Tron networks yesterday. Over the past three days, the company minted a total of 5 billion $USDT and injected 2.83 billion $USDT into the crypto market. Since November 6, Tether’s net minting has reached an […]
The crypto market is witnessing a surge in buying power as USDT netflow hits an unprecedented $1.8 billion. This influx of stablecoins typically signals increased market activity and often drives demand for Bitcoin and other cryptocurrencies. USDT netflow just hit a record $1.8B, which means there’s a lot of buying […]
November has seen a notable uptick in stablecoin netflows into derivative exchanges, indicating that traders are preparing for leveraged positions. This shift points to a growing appetite for risk-taking in the crypto market. In November, a surge in stablecoin netflows into derivative exchanges reveals traders are gearing up for leveraged […]
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 […]
USDT and USDC now account for nearly 50% of the total transaction volume across major crypto assets, highlighting the growing importance of stablecoins in providing liquidity and market stability. USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins […]
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 […]
The stablecoin market has grown exponentially, becoming a crucial component of the cryptocurrency ecosystem. From a modest $1 billion supply in 2018, the stablecoin market has expanded to over $160 billion by 2024. This massive growth underscores the critical role stablecoins play in providing liquidity, stability, and utility for numerous […]
The TON blockchain is now home to one of the fastest-growing stablecoins, with USDT leading the charge based on 30-day supply growth percentage. Over the past week, the total circulating supply of USDT on TON surged by 41%, surpassing the $1 billion milestone for the first time. This impressive growth […]
Tether’s Treasury has recently minted $1 billion worth of USDT to bolster its inventory for future issuance and enhance liquidity. This move comes in response to rising demand for stablecoins, particularly on the Tron network, where USDT has seen increasing adoption. As the dominant player in the stablecoin market, USDT […]
USDT holdings on cryptocurrency exchanges have been climbing, hinting at a potential wave of buying pressure in the market. According to data from IntoTheBlock, $300 million worth of stablecoins flowed into exchanges yesterday, suggesting that investors may be positioning themselves to capitalize on the recent market dip. $300 million worth […]
Tether announced today its plans to launch USDT on the Aptos network, marking another step in its strategy to leverage advanced blockchain technology to make digital currencies more accessible and usable globally. This integration aims to take advantage of Aptos’ speed, scalability, and robust blockchain infrastructure to enhance the efficiency […]
Yesterday, the crypto market witnessed a significant event: over $1 billion in USDT was withdrawn from exchanges, marking the largest outflow of Tether since May. While large deposits on exchanges are often seen as bullish, signaling that investors are preparing to buy assets, withdrawals can be more complex and open […]