Tag: usdt

Jul 22 2021

Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight

Jul 22 2021 Published at CryptoSlate under tags  regulation stablecoins usdt

Triggered by this week's sell-offs, Jim Cramer expressed his concerns that Tether, as "the Achilles heel" of cryptocurrency, brings further risk exposure to markets. "Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don't know what they...

Jul 20 2021

Why Tether (USDT) hasn’t issued any USDT in 7 weeks?

Jul 20 2021 Published at Coingape under tags  bitcoin news bitcoin price btcbrl btcbusd btcdai

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT's non-issuance. The last market issuance of The post Why Tether (USDT) hasn't issued any...

Jul 19 2021

US Feds want to tame ‘wildcat’ stablecoins like Tether and USDC

Jul 19 2021 Published at CryptoSlate under tags  btc lbr regulation stablecoins usdt

A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of...

Jul 11 2021

Binance has a Stablecoin (BUSD) and It’s signaling a Crypto Bull Market

Jul 11 2021 Published at CryptoTicker under tags  binance binance usd bull market busd crypto

Stablecoins have always been a way to hedge the heavy price fluctuation in the cryptocurrency market. Crypto traders and investors often swap their cryptos to stablecoins everytime the market starts to crash. This often cashes out the earnings made from capital gains while preserving the value of the portfolio....

Jul 07 2021

SHIB Price Analysis: Shiba Inu (SHIB) Awaits Breakout of Week Long Bull Pennant

Jul 07 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

SHIB price holds steady on major support of $0.00000819 ShibaSwap went live today on ETH Price awaits breakout of bullish pennant SHIB Price Movement Shiba Inu has been referred to as the “next Dogecoin” over the past few months. Throughout the first quarter of the year, SHIB experienced mind- blowing gains as price rose over 100,000%. The post SHIB Price Analysis: Shiba Inu (SHIB)...

Jul 01 2021

Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Jul 01 2021 Published at CryptoSlate under tags  ada bnb btc busd defi

Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams, hijacking millions as its native token’s value plummeted by almost 100% in minutes. Recently, the project’s anonymous developers launched yield farming, a staking opportunity for investors to lock up their crypto in return for high rewards....

Jun 23 2021

Cardano’s Charles Hoskinson says Tether is “faith based,” making it inconsistent with crypto ideals

Jun 23 2021 Published at CryptoSlate under tags  opinion people stablecoins technology usdt

Input Output Global CEO Charles Hoskinson said in a recent ask-me-anything (AMA) Tether relies on faith, rather than impartial systems, making it counter to cryptocurrency ideals. He added that as much as regulation gets a bad rap, without it, there would be no checks on companies who make particular claims. With USDT liquidity supporting significant swathes of the cryptocurrency market, is the Tether...

Jun 22 2021

With Bitcoin Clarity, El Salvador Allows Strike To Abandon USDT

How Lightning Network startup Strike went from using USDT in El Salvador to helping the country build financial infrastructure with Bitcoin.When El Salvador passed a law making bitcoin legal tender in the country, it did not just set itself on a path to add the payment option to existing infrastructure. It provided regulatory clarity that allowed an existing Bitcoin-forward platform to better...

Jun 21 2021

Is DeFi season back? Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed

Jun 21 2021 Published at CryptoSlate under tags  btc busd dai defi edge

During May, the wealth management platform YIELD App, saw net deposits of Tether (USDT) increase 15.5%, while net deposits of USD Coin (...

Jun 18 2021

Community reacts as Mark Cuban calls for regulations after getting ‘rugged’ on TITAN

Jun 18 2021 Published at CryptoSlate under tags  defi people stablecoins usdc usdt

Dallas Mavericks owner, Mark Cuban, who became known as a decentralized finance (DeFi) enthusiast and a high tier investor, told...

Is Cardano’s Charles Hoskinson Working On An Algorithmic Stablecoin ?

Following from his five hours guest spot in Lex Fridman’s podcast, Charles Hoskinson is back at his desk. And true to his academic nature, he promises that his company IOHK will release a paper on algorithmic stablecoins “...

Jun 17 2021

Polkadot, Shiba Inu Price Analysis: June 17, 2021

Jun 17 2021 Published at Coingape under tags  dotbidr dotbnb dotbtc dotbusd doteth

Several crypto assets extended the bullish action from June’s crucial support at $20 despite the sluggish price action in the market....

Jun 15 2021

Legal expert says Tether and Binance Coin (BNB) are likely picks for SEC lawsuit

Jun 15 2021 Published at CryptoSlate under tags  bnbusd legal opinion people usdt

Attorney Jeremy Hogan gave his legal assessment of the top five cryptocurrencies naming Tether and Binance Coin as at risk on the "SEC danger rating." Hogan has been covering the SEC vs. Ripple lawsuit since proceedings began in December last year. The U.S securities regulator...

Jun 12 2021

USDT Exchange Inflows Reach 5-Month Low, Is Market Gearing Up for Another Dip?

Jun 12 2021 Published at Coingape under tags  bitcoin price btcbrl btcbusd btcdai btceur

The crypto market is currently in a consolidation phase as bearish sentiments are dominant ever since last month's market correction. Over the past 24-hours, the crypto market has lost 4% of its market cap which dipped below $1.5 trillion for a...

May 26 2021

Polygon (MATIC) Skyrockets 32% After Strong Backing from Tech Billionaire Mark Cuban

May 26 2021 Published at Coingape under tags  altcoin news btc dallas mavericks eth mark cuban

The price has Polygon's native crypto MATIC has skyrocketed 32% today making its move above $2.0 At press time, MATIC is trading at $2.13 with a market cap of $13.1 billion. The recent price rally comes as tech billionaire Mark Cuban...

May 25 2021

Is Tether FUD Next, after China Bitcoin Ban and Bitcoin Mining Energy FUD?

May 25 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The Bitcoin bull market this season is currently undergoing through 'FUD- Phase' where a series of FUDs have hit the market one after the other, many of which has already been debunked. After Bitcoin mining...

May 24 2021

Analysts are Predicting an upcoming Crypto Boom because of THIS!

It has become a routine to see a crypto market crash every now and then. Thanks to many events that happened lately, we currently witness a strong market crash. Many traders and investors sit on the sideline, waiting for the storm to end. The saying usually...

Algorithmic Stablecoins Temporarily Lose Pegs as Crypto Markets Crash

Stablecoins that alter their supply to maintain their value are struggling to keep up with volatile markets.

Know a good blog/source that is not listed? Contact us or fill the form below to add one: