USDT / USD Bitfinex🗗
Mike McGlone, senior commodity strategist at Bloomberg, is convinced that Bitcoin’s transition to digital gold will propel it to new all-time highs in 2022.
Jan 19, 2022 16:00
Even as the controversial stablecoin Tether (USDT) continues to be the market leader, USD Coin (USDC) is slowly eating up its share.
Jan 19, 2022 11:53
“The best monetary network in human history is here, it's open, and will disrupt the world quicker than anyone thinks. Open networks win,” said Strike CEO Jack Mallers.
Jan 19, 2022 05:40
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.
Jan 19, 2022 04:51
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.
Jan 17, 2022 23:30
The stablecoin market has seen explosive growth over the past years. The post USDC supply surpasses USDT on Ethereum appeared first on CryptoSlate.
Jan 17, 2022 16:30
As the military seized control of the issuance of currency in Myanmar in 2021, the citizens responded by taking to the stablecoin Tether for peer-to-peer transactions and cross-border...
Jan 16, 2022 19:00
Historical USDC/USDT flippening was spotted yesterday by Nansen's analytical tools
Jan 15, 2022 14:46
The lightning payments app Strike made quite a buzz by starting its operations in the South American country of Argentina this week. But now, it has come under criticism from many users on Twitter...
Jan 15, 2022 08:46
Tether recently froze over $150 million of USDT. This is not the first time that the company has frozen USDT, actions that has once again stoked concerns of centralization in the crypto community....
Jan 14, 2022 09:50
Tether has not issued a statement giving a specific reason for blacklisting three addresses, but it has done so before to comply with law enforcement and aid exchanges after cyber attacks.
Jan 14, 2022 05:55
A consortium of United States banks or “an association of FDIC-insured financial institutions” including New York Community Bank (NYCB), NBH Bank, FirstBank, Sterling National Bank, and Synovus...
Jan 13, 2022 15:15
The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value. The post Turkey embraces Bitcoin and Tether as the lira keeps...
Jan 13, 2022 11:30
A number of American banks have formed a group in order to offer their own fully regulated stablecoin in an effort to address consumer protection and regulatory concerns regarding nonbank-issued...
Jan 13, 2022 06:36
IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach
The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. The post IMF fears spillovers between...
Jan 12, 2022 16:00
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.
Jan 12, 2022 13:26
WeChat, China’s largest social messaging and payment app that boasts of over a billion users is all set to integrate the digital yuan payment option on its platform. In China, there is a...
Jan 6, 2022 12:28
In recent times, one of the major economic crises countries around the world have been facing is inflation; especially as a number of them are having to battle with the dwindling purchasing power...
Jan 5, 2022 09:30
While Bitcoin continues to take a beating in terms of dollars, the top cryptocurrency also continues to lose its share over the market cap. In fact, with the most recent support level breached, BTC...
Jan 4, 2022 19:39
Popular meme coin Shiba Inu and the native token of FTX exchange, FTT, are among the top six altcoins, which now make up over half of the total non-Ethereum coins held by the biggest 1,000 Ethereum...
Jan 4, 2022 16:29
In most climes, the arrival of a new year is an opportunity to make projections for what the future holds. The post Vitalik Buterin foresaw stablecoin and defi growth, omits NFT appeared first on...
Jan 4, 2022 09:00
Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities.
Jan 2, 2022 07:52
Terra (LUNA) has become one of the biggest gainers in the crypto market over the past month and now the whole ecosystem seems to be expanding in sync. A decentralized stablecoin working on the LUNA...
Dec 27, 2021 06:44
The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish.
Dec 20, 2021 23:30
1Inch, a DEX aggregator platform has breached a key milestone on Ethereum (ETH) network earlier today. The popular Defi protocol announced that the number of 1Inch users on the ETH network has...
Dec 20, 2021 12:50
A Financial Times (FT) article on Tether CEO Jean-Louis (JL) van der Velde has become the center of controversy. Tether, the biggest stablecoin issuer is not new to media glare owing to its...
Dec 20, 2021 09:56
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio.
Dec 18, 2021 10:30
Latest analytics data shows that buying power of traders is accumulating on exchanges, rising to new high
Dec 17, 2021 13:35
Binance Asia Services Ltd., the Singaporean arm of the global crypto exchange recently withdrew its license before the Monetary Authority of Singapore (MAS) acquired a major stake in a native...
Dec 17, 2021 09:42
It’s been a pop-and-drop show for the broader cryptocurrency market after the Fed commentary on Wednesday, December 15. However, one area that needs to be closely watched is the tremendously...
Dec 17, 2021 05:19
Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more...
Dec 16, 2021 21:00
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
Dec 16, 2021 11:59
Myanmar’s parallel government The National Unity Government of the Republic (NUG) formed by the followers of jailed leader Aung San Su Kyi announced they would adopt Tether’s USDT as a...
Dec 16, 2021 09:51
Tether is facing another lawsuit over the backing of its supply. A lawsuit was filed in New York, alleging that Tether had made false or misleading claims about its reserves. The post Tether Hit...
Dec 16, 2021 06:50
Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry.
Dec 15, 2021 23:30
Elon Musk Makes DOGE Surge 28%, SHIB Listed by Bit2Me, Tether Slapped by New Class Action Lawsuit: Crypto News Digest by U.Today
Stay tuned for the latest crypto events with U.Today’s news digest!
Dec 15, 2021 14:57
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.
Dec 14, 2021 20:02
Senator Sherrod Brown spoke about the shortcomings of stablecoins during a Tuesday hearing
Dec 14, 2021 18:32
"Another lawsuit will bite the dust." This is what Tether CTO Paolo Ardoino had to say about the latest lawsuit against the stablecoin issuer.
Dec 14, 2021 14:22
The cryptocurrency market turned red again on Monday that saw the majority of the top cryptocurrencies lose in double digits. Bitcoin (BTC) failed to conquer $50K and fell to a daily low of $45,894...
Dec 14, 2021 05:57
The National Unity Government of Myanmar will use Tether (USDT) as a dollar proxy for domestic transactions, even though the acting regime is against it.
Dec 14, 2021 04:01
Myanmar’s effective government in exile supporting its ousted leader Aung San Suu Kyi has declared Tether its official currency. The post Anti-Junta Groups in Myanmar Using Tether to Fund...
Dec 13, 2021 17:12
Myanmar’s parallel govenment called the National Unity Government (NGU), led by the supporters of Aung San Suu Kyi has declared Tether’s USDT as an official currency of use. In an...
Dec 13, 2021 12:04
The NUG finance minister said Tether use would enhance trade speed and payment efficiency.
Dec 13, 2021 11:26
Hedging against inflation has become a hot topic. Especially as the U.S. currently undergoes serious inflation woes. Cryptocurrency is proving its worth when it comes to avoiding losses. The post...
Dec 10, 2021 15:00
Meta, the newly rebranded Facebook is all set to introduce crypto payments through its social chatting app Whatsapp using the Novi cryptocurrency wallet. The social media giant has already begun...
Dec 9, 2021 13:10
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny.
Dec 8, 2021 21:15
While global attention is clinging to India’s upcoming Crypto regulations, Reserve Bank of India (RBI) Governor, Shaktikanta Das just highlighted the concerns around the nation’s...
Dec 8, 2021 12:44
Amid growing scrutiny on stablecoins, regulators have become determined to carve out guidelines distinguishing stablecoins legislation from that of other cryptos. In the latest update, the US...
Dec 8, 2021 07:08
The Financial Services Agency (FSA) of Japan has announced that they will follow the US regulator’s footsteps in the matter of strengthening regulatory oversight for Stablecoins. According to...
Dec 7, 2021 09:57
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