Tether Financial News

25.07 / 23:03

Polygon Tether Asia Bitcoin crypto market cap Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T

The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded flat near $22,400 and Ether (ETH) faced a 0.5% correction to $1,560.

25.07 / 18:25

Blockchain Adoption Tether Bitfinex crypto donations Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

25.07 / 13:01

business Stablecoin Tether Bitfinex Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps

Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer applications. As part of the initiative, the trio launched Keet, an encrypted application capable of facilitating real-time audio and video calls, text chat and file sharing.

18.07 / 21:37

Lowe's Digital Tether Australian Australian Central Bank bats for private solution to cryptos if…

According to Phillip Lowe, Governor of the Australian Central Bank, a private solution for cryptocurrencies “is going to be superior.” That is, as long as risks are reduced by regulations.

18.07 / 11:31

Ethereum Tether Charity Bitcoin Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market

The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs.

18.07 / 02:57

Blockchain Stablecoin Europe Tether Threat NOT Burdensome but not a threat: How new EU law can affect stablecoins

The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators Cynthia Lummis and Kirsten Gillibrand, still has a long way to go, its European counterpart, the Markets in Crypto-Assets (MiCA), had finally made it through Tripartite negotiations.

15.07 / 22:07

Ethereum Tether Charity Bitcoin Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market

14.07 / 16:29

Ethereum Provident Tether Bitcoin network Celsius Network files for bankruptcy

The firm, which was valued at $3.25 billion on a $750 million Series B financing round in November, allowed its 1.7 million users to deposit their bitcoin, ethereum and tether and receive weekly interest payments.On announcing bankruptcy proceedings, founder Alex Mashinsky told the Wall Street Journal: “This is the right decision for our community and company. I am confident that when we look back at the history of Celsius, we will see this as a defining moment.”At the time of the filing, the US company had $167m cash on hand to provide liquidity to support certain operations during the restructuring process.

12.07 / 21:39

markets Polygon Tether Bitcoin fall 3 key metrics suggest Bitcoin and the wider crypto market have further to fall

The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market sell-off catalysts and the controversy surrounding Three Arrows Capital.

12.07 / 15:05

Ethereum Tether Bitcoin fall Crypto Price Today Live: Bitcoin breaches $20,000; Ethereum, Tether fall

Crypto tokens were mixed in the early hours of Tuesday, with Bitcoin slipping below the $20,000 mark. Meanwhile, the fear of further selloff in the crypto cart lingered. Crypto traders are still looking ahead to Wednesday's release of June’s Consumer Price Index, the measure of US inflation, for clues on how aggressive the Federal Reserve will need to be to slow the pace of consumer price rises. Barring Shiba and Unus Sed Leo, all other crypto tokens were trading marginally lower on Tuesday. However, the losses were capped in all tokens.

11.07 / 16:07

Stablecoin Adoption Trading Tether reserves Tether fortifies its reserves: Will it silence critics, mollify investors?

There is an old Arabic proverb: “The dogs bark, but the caravan moves on.” It could summarize the journey to date of Tether (USDT), the world’s largest stablecoin.

08.07 / 20:17

business Stablecoin Tether Loans Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer

Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.

08.07 / 11:45

UPS Lowe's Tether Low Tether [USDT]: Whales and what a new 3-year low means for the stablecoin

The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoinTerraUSD [UST], sowing turbulence in the broader market. Then its the grown-up cousin Tether [USDT] that wavered from the peg, fueling concerns over its status as a place to hide during times of turbulence. While things appear to be settling down for the moment, nobody’s feeling safe. More specifically, Tether, certainly isn’t.

07.07 / 05:19

Stablecoin Tether USDT Legal Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat

A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.

06.07 / 16:11

Stablecoin Tether Court Salary payments in USDT stablecoin ruled as illegal in the Chinese court

Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees.

05.07 / 14:13

Stablecoin Tether Usd Coin Dollar Tether USDT Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022

The growth of Circle's native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular.

04.07 / 23:49

Tether USDT economics Argentineans Rush to Tether After Economy Minister Resigns

Residents of Argentina rushed to bid up the price of the popular stablecoin tether (USDT) in local fiat terms over the weekend after news broke that the country’s minister for the Economy had resigned.

04.07 / 18:05

Stablecoin Tether USDT USDC Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve

Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated.

04.07 / 09:23

Stablecoin Tether Paxos USD stablecoin premiums surge in Argentina following economy minister's resignation

Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman.

01.07 / 19:39

business Stablecoin Tether bonds Tether continues to reduce commercial paper in sharp reduction since March

Tether is reducing its commercial paper holdings on pace with plans, the stablecoin company reported Friday. It has reached the target sum of $8.4 billion in commercial paper, as per intentions first disclosed last month, and will continue to reduce its holdings in the immediate future.

01.07 / 16:45

Provident Landmark Tether Continental crypto rules reserves EU crypto rules to force tether, USD coin to hold more reserves in ‘Wild West’ market

A landmark agreement for Europe to regulate cryptocurrency markets across the continent is set to bring stablecoins such as tether and USD coin into a stricter regime to make sure they can meet redemption requests during mass withdrawals.

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