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New Stablecoins Commence a Fresh Assault on Tether
17.1.2020
Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....
Stablecoins Are Crypto’s Version of Fractional Reserve Banking
6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...
Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply
2.1.2020
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply...
Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
1.1.2020
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called...
Tether Sponsors New Version of Bitcoin Tokenization Layer Omni
15.12.2019
Tether funded the development of the latest version of Bitcoin tokenization layer Omni
Tether to File Motion With NYAG to Dismiss Class Action Lawsuit
15.11.2019
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred
Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether
14.11.2019
OKEx has launched a Bitcoin futures contract margined with the Tether stablecoin
Tether (USDT) Shows Marginal Recovery in the Last 24 Hours
11.11.2019
Tether gains 0.095% over the last 24 hours The next resistance for USDT coin may come at $1.0106 Tether (USDT) has been able to find a 0.095% increment in the last 24 hours, and it has now reached 1.00011143 USD from 0.09991 USD. It has also shown three major price swings in these 24 hours....
Gate.io Introduces Contract Trading Simulation Area
7.11.2019
According to an announcement, the world’s leading trading company, Gate.io, launched Perpetual Contract Trading Simulation Area. This contract is among the world’s most active crypto-asset contract trading markets. Gate.io is a well-known platform for trading across the globe. It does not charge...
Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 Rally
5.11.2019
Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has been criticized for failing to understand that mass inflows of tether (USDT) to the cryptoconomy...
Stablecoin Adoption: DAI in a Visa Card, Tether Sees Use in E-Commerce
29.10.2019
Stablecoin DAI is now spendable where Visa is accepted and Tether sees adoption in commerce
Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested
28.10.2019
The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human...
Crypto Coin Tether Becomes Hot-shot Payment Method at Gambling Sites, Pot Shops
26.10.2019
Tether, the notoriously famous crypto coin, is, unfortunately, paving its way into the depths of the digital currency niche by evolving as a strong medium for the trading of goods and services. The virtual currency has been at the center of focus for all the bad reasons in recent times. Many...
104 Addresses Hold 70% of Tether, Research Reveals
17.10.2019
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...
Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
9.10.2019
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them...
Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
7.10.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read:...
Tether Fails to Gain Momentum; May have to Stay Still Some More Days
2.10.2019
Tether could not fetch a solid growth in the last 24 hours Resistance may fall at 1.017 USD in the coming days Tether (USDT) has shown four major price swings in the last 24 hours. The value against USD is still hanging between 0.9 USD and 1 USD. There is a marginal increment in the …
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Tether Goes Opposite of the Market by Cutting 0.21% in the Value Overnight
1.10.2019
Tether falls by 0.21% over the last 24 hours. The next resistance is likely to come at 1.014 USD. Tether (USDT) has gone opposite to the overall market trend and in the last 24 hours, it has lost 0.21%. The value is constantly hovering around 1 USD and it has fallen to as low as …
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Tether Continues the Drop on the Second Day; Deals at $1
21.9.2019
Tether (USDT) is reflecting a slight drop in the price. The currency locked a downtrend in yesterday’s chart too. The downfall in the coin doesn’t seem to last. It would soon be lifted, and the traders would get the opportunity to recover. Tether holds a high possibility of giving a high return...
Justin Sun Takes A Dig At Ethereum, Says It Can’t Handle USDT Traffic, Urges Holders To Use TRON
21.9.2019
In a rather strange and unexpected tweet, founder and chief of TRON, Justin Sun wrote on Thursday that Ethereum couldn’t handle the traffic of USDT. He also urged USDT owners to use TRON instead, as it was free and offers instant transactions. #Ethereum can't handle $USDT's traffic &...