Tether Financial News

02.09 / 13:13

Blockchain Stablecoin ETF Tether Backed What is a gold-backed token and how does it work?

A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just like any other type of cryptocurrency.

02.09 / 00:43

Binance Tether Bitcoin index crypto market cap The total crypto market cap continues to crumble as the dollar index hits a 20 year high

From a bearish perspective, there's a fair probability that the crypto market entered a descending channel (or wedge) on Aug. 15 after it failed to break above the $1.2 trillion total market capitalization resistance. Even if the pattern isn't yet clearly distinguishable, the last couple of weeks have not been positive.

01.09 / 05:49

Lowe's Tether USDT WSJ Is Tether caught in a FUD fiasco? WSJ report could give you a clue

Tether [USDT], one of the largest stablecoins by market cap, has been dominating the stablecoin space for quite some time. Even though Tether is crowned king of the stablecoin space, it has seen a lot of turbulence over the last few years. And, recently it had to fight off allegations made against it in the Wall Street Journal.

31.08 / 12:13

Blockchain Citi Tether Bitcoin Stella Assange and Farida Bemba Nabourema to Join Line-up of Speakers at Plan ₿ Forum in Lugano on October 28th and 29th

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

30.08 / 22:03

business Stablecoin Tether Media Tether responds to Wall Street Journal ‘disinformation’

Tether Holdings Limited has clapped back at The Wall Street Journal over an article it claims spread “false information” about the stablecoin issuer’s profitability, solvency and accounting standards.

29.08 / 09:41

business Stablecoin Tether fall Render 0.3% fall in assets "could render Tether technically insolvent" — WSJ

An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position that even a 0.3% drop in value of its reserve assets could “render Tether technically insolvent.”

26.08 / 16:07

Ethereum VISA Tether Bitcoin NearPay Launches Virtual Crypto Cards, Wallet for iOS and Android; Physical Cards to be Launched 'Soon'

26.08 / 04:01

Provident Binance Tether USDT Tether takes an interesting stance, USDT benefits from it

In an unprecedented move, Tether [USDT] has defied Office of Foreign Assets Control (OFAC) sanctions. The organization has decided to go against the OFAC on the grounds of the latter not indicating “that a stablecoin issuer is expected to freeze secondary market addresses.”

25.08 / 13:15

BLOCK Cooper Tether USDT NOT Tether Says Will Not Block Tornado Cash until it is Directed by Authorities

The broader cryptocurrency industry is subtly pushing back against the sanctions on Tornado Cash by the United States Treasury Department for facilitating the transaction of illicit funds.

22.08 / 23:57

Tether goldman sachs Asia Bitcoin Drop Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls' dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant.

22.08 / 23:31

Crime Tether USDT USDC Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability

22.08 / 13:37

Stablecoin Tether Usd Coin Bitcoin Stablecoin issuers hold more US debt than Berkshire Hathaway: Report

Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance players.

22.08 / 08:51

cryptocurrency Tether crypto news Redemptions fall reserves Redemptions Pushed Tether's Reserves To Fall $16 Billion In June Quarter

Stablecoin Tether's reserves fell $16 billion in second quarter due to redemptions

20.08 / 06:31

Tether reserves Stablecoin Tether's reserves fell $16 billion in second quarter

The reserves statement on Tether's website comes a day after it said it had switched to accountancy firm BDO Italia to certify its reserves and that it would aim to release monthly reports by the end of the year. Stablecoins are a type of cryptocurrency designed to keep constant value, such as a 1:1 U.S. dollar peg. They are widely used in cryptocurrency trading to move funds between different cryptocurrencies or into regular cash. Financial regulators worldwide have warned that stablecoins could pose a risk to wider financial stability, with Britain among major economies looking to regulate the sector.

19.08 / 20:03

business Stablecoin Tether Report Holdings Independent Tether attestation reveals 58% decrease in commercial paper holdings

An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter's performance. The reviewer, top accounting firm BDO Italia, assessed Tether’s assets as of June 30, 2022.

19.08 / 13:29

Trading Tether Bitcoin Crypto market bloodbath leads to over $500M in liquidations in 24 hours

The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month.

18.08 / 20:27

Ethereum Tether Gaming Bitcoin stake Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News

18.08 / 15:07

business Stablecoin Tether Dollar accounting Reserve Tether reserve attestations to be conducted by major European accounting firm

In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its dollar reserves.

17.08 / 23:57

BTC Tether Bitcoin week Bearish BTC circulation divergence and everything to know this week

Bitcoin [BTC] continues to surprise investors with new movements every day as the coin has been hovering near the $25K mark.

17.08 / 14:45

Tether CME USDC Cryptoverse Cryptoverse: Electric ether leaps on verge of Merge

After years of delays, the "Merge" seems all but certain to take place in September, with the cryptography underlying the blockchain undergoing a radical shift to a system where the creation of new ether tokens becomes far less energy-intensive. «It's an exciting time for the ethereum ecosystem,» said Omar Syed, co-founder of smart contract platform Shardeum. «I think there will be drama surrounding the Merge, but I don't think there will be any technical hiccups.» Investors seem to agree, with ether outstripping big brother bitcoin.

16.08 / 17:27

Ethereum regulation Tether Usd Coin USDT market cap up by $2 billion following Tornado Cash debacle

The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash.

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