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Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
7.7.2020
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework....
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
Buy Stablecoins With Your Credit Card in Lumi Wallet
24.6.2020
Lumi Wallet announced that from June 2020, Tether USDT, Binance USD, Paxos Standard Token, Celsius and Dai are available to purchase in Lumi Wallet with a credit card. The highest grossing stablecoins on the crypto market are fully integrated for exchange and purchase in-wallet. Transactions under...
Turkish Real Estate Firm Antalya Homes Now Supports Bitcoin Payments
15.6.2020
Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin
Coinbase Unveils USDT Custody, Then Deletes Announcement
10.6.2020
Coinbase's institutional custody platform tweeted out a Tether (USDT) support unveiling, only to subsequently delete the tweet
Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump
9.6.2020
On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June...
Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
27.5.2020
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed
Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
27.5.2020
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1
25.5.2020
Tether has edged out XRP in terms of market cap, taking over its number three spot
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
14.5.2020
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...
Tether USDT Surpasses XRP as the 3rd Largest Cryptocurrency
12.5.2020
Stablecoin Tether has just surpassed XRP as the third-largest cryptocurrency and is now the second-largest altcoin behind Ethereum’s Ether (ETH)
Demystifying the world of Tether blockchain and Tether USDT
7.5.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Photo: iStock-matejmo
Demystifying the world of Tether blockchain and Tether USDT
The cryptocurrency ecosystem is fast-paced and volatile. New coins come up every day with many disappearing as fast as they...
Research Shows Inverse Correlation Between USDT on Crypto Exchanges and Bitcoin's Price
5.5.2020
Crypto market insights firm Santiment published an analysis showing that the percentage of USDT held on exchanges is inversely related to Bitcoin’s price
Compound Implements HIstoric Community-Driven Governance Proposals
3.5.2020
Compound has implemented two historic community-driven proposals amid the launch of its governance token
160 Million USDT Tokens Minted During Bitcoin's Rise to $9K
30.4.2020
160 million USDT coins popped into existence while Bitcoin was ascending to $9,000, while whales transferred $85 million USDT to Binance
Peter Brandt likens Tether to 'Nigerian Trinkets'
30.4.2020
Tether is as safe as holding ‘the Nigerian Trinket, according to trading veteren Peter Brandt
COVID-19 Has Reduced the Risk of a Post-Halving Price Dump
9.4.2020
COVID-19 may have set things up for a potential bull market according to crypto experts
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
29.3.2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s...