Tether Financial News

16.12 / 23:26

UPS Digital Tether Bitcoin hearing Why U.S. Congress stablecoin hearing is ‘like politicians trying to troll’ Bitcoin, crypto

Fundamental analysis looks at real-world events to better understand factors that could affect the prices of diverse crypto assets. Naturally, an event that many investors will be following is the USA’s crypto regulatory scene.

16.12 / 23:24

UPS Tether Bitcoin WazirX Report: women prefer Bitcoin while men chose Shiba Inu

The sentiments and trading patterns of crypto investors in India have the potential to rock the global market, as the country’s last brush with crypto ban rumors showed the world. With FUD still brewing in the distance and the rise of inflation, crypto exchange WazirX’s report reveals valuable insights about Indians and their crypto assets.

16.12 / 16:20

Adoption regulation Tether Asia Tether lauds Myanmar shadow government for making USDT an official currency

Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.

16.12 / 02:47

markets ETF Tether Bitcoin Bears FOMC meeting Markets rally after FOMC meeting, but Bitcoin bears still have a short-term advantage

Bitcoin's (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S. Securities and Exchange Commission (SEC) on Nov. 12 threw some investors off-guard.

15.12 / 07:42

cryptocurrency Tether Tether in hot soup again, faces second class-action lawsuit this year

Stablecoin issuer Tether has yet again found itself locked in a legal tangle with accusations of falsely representing its stablecoin backing.

14.12 / 23:41

markets Tether Bitcoin Data suggests traders view $46,000 as Bitcoin’s final line in the sand

Dec. 13 will likely be remembered as a “bloody Monday” after Bitcoin (BTC) price lost the $47,000 support, and altcoin prices dropped by as much as 25% within a matter of moments.

14.12 / 22:43

Tether Action Matthews Southern Time Tether faces yet another lawsuit, this time for ‘unlawful and deceptive’ practices

Questions around stablecoins, particularly Tether, have been knocking around in financial circles for months, for instance, are they as stable as they ought to be? A majority haveraised questions about Tether as a possible systemic risk to the cryptocurrency ecosystem.

14.12 / 14:45

Tether USDT Platform BitMEX The Death of the Traditional Savings Account: BitMEX EARN Launches More 14% APR Products for Tether

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

14.12 / 07:45

Ethereum Binance Tether Bitcoin Stablecoins gain currency among crypto investors

Indian crypto investors are turning towards stablecoins that are pegged to real world currencies like US dollars as a hedge against rising volatility in Bitcoin and other alt coins like Ethereum, Solano, Polkadot, and Shiba Inu, even as the Indian government moves to regulate or ban crypto assets.Stablecoins like Tether (USDT), USD Coin (USDC) and Binance (BUSD) pin their value to the US dollar with a 1:1 conversion rate and are designed to

13.12 / 20:49

cryptocurrency Tether Myanmar Myanmar's NUG announces adoption of USDT as official currency

Myanmar’s shadow National Unity Government (NUG), in an unprecedented economic move, announced the recognition of stablecoin Tether (USDT) as its official currency.

12.12 / 15:21

Digital Citizens Tether USDT Myanmar’s government in exile ‘officially recognizes’ USDT for usage

Myanmar is currently in the middle of a crisis on a lot of fronts. Especially since the NLD’s elected government was toppled in a military coup back in February. The COVID-19 pandemic seems to have aggravated the situation even further.

09.12 / 00:35

business Blockchain Stablecoin Tether Sam Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh

Stablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive stable money abroad, and to pay for everyday consumer transactions without fear of fluctuation. A recent estimate from the Bank for International Settlements, or BIS, put the total stablecoin supply at roughly $150 billion.

07.12 / 10:41

UPS Tether Nikkei Japan’s FSA to introduce new legislation on stablecoin issuers in 2022

Stablecoins have thrived in unregulated shadows, with tokens in circulation now worth more than $127 billion. Today, these are widely being used for transactions that resemble traditional financial products. For example, bank savings accounts, but perhaps without offering the same level of consumer protection.

07.12 / 01:43

markets Tether Bitcoin Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market

Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long future contracts were liquidated.

07.12 / 01:43

Blockchain Stablecoin Tether Usd Coin Financial Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency, or FSA, will propose legislation next year restricting stablecoin issuance to only bank and wire transfer companies. Theoretically, this would prevent entities such as Tether (USDT), which does not operate as a bank and is only regulated in the British Virgin Islands, from conducting business with Japanese customers.

06.12 / 18:23

Ethereum litecoin Tether Bitcoin week Crypto Market Sentiment Down for Third Week in a Row

Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided by the market sentiment analysis service Omenics.

04.12 / 10:11

Stablecoin Tether reserves Stablecoin giant Tether sheds no new light on crypto reserves

Tether, which serves as a controversial foundation for much of the cryptocurrency market, didn’t shed any more light on where its reserves are held.Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept.

01.12 / 03:29

UPS Ethereum Tether Pool Stablecoins: Terra(UST) reveals liquidity plans; USD Coin(USDC), Tether(USDT) have a lot going on

While Tether [USDT] and USD Coin [USDC] are thought to be the go-to stablecoins in the crypto ecosystem, another coin wants to get to the top.

30.11 / 03:03

markets Tether OKEx Bitcoin Moon Wen moon? Data shows pro traders becoming more bullish on Bitcoin price

The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics.

29.11 / 23:36

markets Ethereum Tether Zcash Key data points suggest the crypto market’s short-term correction is over

The performance of cryptocurrencies in the past 7 days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it still managed to close the week up 1.5% after a $3,200 rally on Sunday night.

29.11 / 17:49

Ethereum litecoin Tether Bitcoin week Crypto Market Sentiment Dropped Last Week

Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided by the market sentiment analysis service Omenics.

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