Tether Financial News

13.05 / 23:59

Lowe's Tether Bitcoin Luna Crypto Crash: What Investors Need to Know

Bitcoin's value fell by more than half its value since its November 2021 peak, which caused the entire cryptocurrency market to collapse. Terra (LUNA) and TerraUSD (UST) both experienced such steep declines that investors may be spooked. When both cryptocurrencies were enjoying their honeymoon period a month ago, who would have thought they would face such a steep fall? The weak sentiment spread across the crypto market resulted in investors withdrawing their money, causing Tether (USDT) to lose its peg to the dollar.

13.05 / 23:51

Ethereum ETF Tether Bitcoin Silver week Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining

This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains.

13.05 / 23:01

business UPS cryptocurrency Tether Crypto meltdown deepens as stablecoin Tether drops below dollar peg

The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows.

13.05 / 18:57

Stablecoin Crime Tether Bitcoin reserves Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + 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.______

13.05 / 17:27

Tether Fitch Bitcoin Luna Regulators are growing anxious about stablecoins after Terra’s stunning collapse

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13.05 / 13:41

Twitter Tether Bitcoin Luna Withdrawals World's biggest stablecoin regains dollar peg after $3 billion in withdrawals

Tether, the world's largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day.

13.05 / 13:33

Stablecoin Tether coinbase Bitcoin Bitcoin set for record losing streak as 'stablecoin' collapse crushes crypto

bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly fragile, as tokens supposed to be pegged to the dollar have faltered. Bitcoin, the largest cryptocurrency by total market value, managed to bounce in the Asia session and traded at $30,300 at 0623 GMT, up 5%. It has staged something of a recovery from a 16-month low of around $25,400 reached on Thursday.

13.05 / 10:45

Tether CryptoExplainer stablecoins Bitcoin Explained: What Are Stablecoins, The Asset Rocking Crypto Market?

Stablecoins have a market cap of around $170 billion.

13.05 / 07:51

ETH BTC BNB Tether Bitcoin Jumps Above USD 30K, Ethereum Reclaims 2K as Tether Regains Peg, LUNA & UST Near Zero

Bitcoin price remained well bid above USD 25,000 and started a recovery wave. It is currently (04:46 UTC) trading above the key USD 30,000 resistance zone, near USD 30,500, and is up 6% in a day, trimming its weekly losses to 17%.

13.05 / 00:27

markets Ethereum Tether Look out below! Ethereum derivatives data hints at further downside from ETH

Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that emerged after Coinbase, the largest U.S. exchange reported a $430 million first-quarter 2022 loss.

12.05 / 21:49

Government Stablecoin Tether Threat financial stability NOT Financial Stablecoins' recent de-pegging is not a 'real threat to financial stability,' says Janet Yellen

According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price of TerraUSD (UST) and Tether (USDT) below $1 would present a threat to the country’s financial stability.

12.05 / 20:51

Binance Tether coinbase Bitcoin end Two Clues for When Bitcoin Downturn Might End

As the crypto market crash continued on Thursday, analysts told Cryptonews.com that traders should keep a close eye on the bitcoin (BTC) price on Coinbase, as well as tether’s (USDT) progress towards getting back to its dollar peg, for clues about when the worst selling pressure might end.

12.05 / 18:53

Stablecoin Tether Tesla Tesla Motors Doge Price Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains

Dogecoin (DOGE) shows the prospect of undergoing a strong price rebound after reaching a technical support confluence on May 12.

12.05 / 18:23

Progressive Tether USDT Bitcoin As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way

When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its value in a day to trade at $0.1194 at press time. If that wasn’t painful enough, the stablecoin TerraUSD [UST] was changing hands at $0.6079 around press time.

12.05 / 16:29

business Blockchain Stablecoin Tether Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins

The crypto winter could be claiming more casualties among the stablecoin camp. The depegging of TerraUSD (UST) on May 10 triggered market selloffs, and now Tether (USDT) appears to be losing its footing. It has slipped against the U.S. dollar.

12.05 / 16:11

Waves Stablecoin Binance Tether small-cap Small-cap Stablecoins Struggle to Maintain Peg as Crypto Market Crashes

Some smaller-cap stablecoins are struggling to maintain their targeted peg, which is mainly USD 1, amid a huge bloodbath in crypto that has wiped off billions from the market.

12.05 / 14:03

Blockchain Ethereum Tether avalanche Tether to move over 1B USDT from Tron to Ethereum and Avalanche

Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC20 to Ethereum and Avalanche’s blockchain.

12.05 / 13:37

Lowe's Tether Luno The world's biggest stablecoin has dropped below its $1 peg

Tether, the world's largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market.

12.05 / 13:05

Stablecoin MARKET Tether USDT Market Panic Puts Tether Peg Under Pressure

A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”

12.05 / 13:03

markets Tether Bitcoin Bitcoin Price Bitcoin 'kisses' $24K realized price after 2nd highest seller losses in history

Bitcoin (BTC) bounced past $28,000 during May 12 after repeating a chart structure not seen since March 2020.

12.05 / 13:03

Stablecoin Tether Bitcoin USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in

Cryptocurrencies markets continue to suffer major losses following the depegging of Terra (LUNA) ecosystem's stablecoin UST - causing discrepancies between stablecoin pegs and the value of Bitcoin (BTC).

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