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Strike announces to integrate Tether (USD₮)
23.5.2023
Strike has announced its plans to integrate Tether (USD₮) in the days to come. This marks a significant development in the crypto industry, for users will be able to witness a widespread adoption of stablecoin on the network. Making this announcement stronger is the shared vision of Strike...
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
22.5.2023
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
20.5.2023
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service
Strike moves global headquarters to El Salvador, expands to 65 countries
20.5.2023
According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”
Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market
19.5.2023
The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
19.5.2023
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said
Tether’s value reaches an almost record $84 billion
19.5.2023
Tether, which is more popularly known as USDT, is moving slowly and steadily towards achieving a record-breaking high of $84 billion in terms of its market capitalization. Through this, it has gone way ahead of its closest competition, USDC. What actually goes to its credit is the fact that in...
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
19.5.2023
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins
Should We Worry About Tether’s Bitcoin-Buying Plan?
18.5.2023
Squint and you can see resemblances Do Kwon’s bitcoin buying during Terra/luna’s high days
First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto
18.5.2023
PLUS: We really need to see the Hinman emails
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
17.5.2023
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....
Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
17.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls...
Tether Plans 15% of Its Net Profits Into Bitcoin in Move of Confidence
17.5.2023
Tether, the world’s largest stablecoin issuer by market capitalization, said it is planning to invest 15 percent of its net profits into bitcoin to strengthen its reserves.
Tether said it expects the move to “strengthen and diversify” its reserves of its $1 pegged stablecoin, in a statement...
Tether to buy Bitcoin based on monthly net profits
17.5.2023
Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
17.5.2023
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings
Tether boasts of its financial stability after strong profits, money moved out of banks
15.5.2023
Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
13.5.2023
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy...
Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves
11.5.2023
Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves.
In addition to announcing the massive billion-dollar profit, Tether revealed in a press release...
Is Tether a sinking ship?
11.5.2023
Tether may not exactly be a sinking ship, but if the comments of John Reed Stark, the Former Chief of the SEC’s Office of Internet Enforcement, are to be believed, then Tether is not far from going down. What makes him highlight this prediction about one of the first stablecoins is the fact that...