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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
25.9.2019
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday...
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 &...
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
Tether Deals with the Bears; Holds Hope for Recovery
21.9.2019
Tether price rides the bears. The coin might embark a heavy recovery soon. The market is seen climbing up since the opening hours. The market cap is around $24 billion today. In yesterday’s chart, the market cap was hovering around $26 billion. The upward movement of market cap is also reflected...
Tether Endures Holding the Stable Ranking with Just 0.3% Downtrend in Last 5 Days
19.9.2019
Celsius Network, which is the industry-leading Cryptocurrency platform, recently increased their interest rates for the stable coins. The deposit will now cost interest rate of 12.03% APR. Tether is one of the stable coins that Celsius Network is supporting along with PAX, USDC, DAI, TUSD,...
Tether Maintains its Stability with Moderate Volatility
18.9.2019
Amidst the damage caused due to the Hurricane Dorian in the Atlantic, Tether has pledged to support in the recovery and reconstruction of Bahamas. Tether announced for a donation of $1 million to hurricane relief. According to a report, the Chinese importers are buying up to $30 million/day of USDT...
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits
12.9.2019
Tether mints 300 million USDT in a swap from Omni to Ethereum but the corresponding burn has not yet taken place
Tether Price Comes Under The Selling Pressure and Deals with Loss
9.9.2019
Tether (USDT) deals with the bear. Intraday trading might not give positive results to investors. Tether (USDT) has started the day with a positive digit. The market is also opened with the same trend but, eventually came under selling pressure. Tether (USDT) is expected to behave the same. The...
Bullish Trend in the Crypto is Continued, Tether All Set to Launch Chinese Version of Stable Coin
8.9.2019
According to reports, Tether Holdings, the firm that issues Tether, is planning to launch a Chinese version of the stable coin called CNHT. Amidst the shoot up in demands in recent months, especially from China, the firm has decided to do so. Additionally, Tether Holdings has also set to launch...
Tether Announces Its Future Plans to Launch Two New Stablecoins for Users
6.9.2019
Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...
Binance Lending Offers New Channel For Growing Crypto Portfolio Apart From Trading
1.9.2019
As per the recent announcement on 26th August, holders of BNB (Binance Coin), ETC (Ethereum Classic) and Tether (USDT) will be allowed to lend their resources and acquire interest through Binance’s new servicing called Binance Lending. In Chinese, we called this feature Binance Earn,...
Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Why Tether Volume Surged to All-Time Highs in August
30.8.2019
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
Binance Ventures into Crypto Lending to Attract Customer Deposits with 15% Annual Interest
27.8.2019
Binance ventures into the lending sector to attract customer deposits The new proposal is named as Binance Lending Beginning from 27th August, the annualized borrow margin loan fee will increase for ETC from 7.3% to 14.6% The world’s biggest cryptocurrency exchange, Binance has launched...
Tether Price Analysis: Tether (USDT) Records 1% Downtrend Since Yesterday Trading Below $1
22.8.2019
It has been a good phase for the Tether holders as the coin continues with its consistent performance. The current market trends also indicate USDT’s movement within a defined range of $0.98 and $1, and it shows that the coin may anytime go profitable by jumping up the maximum value. Current...
Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...