Binance exchange partner Simplex rolls out Tether to euro offramp
Over 200 firms in Simplex’s network can enable euro cashouts from Tether. Go to Source Powered by WPeMatico
Tether
Auto Added by WPeMatico
Tether’s general counsel doubles down on support for Peter McCormack
“Tether supports Peter McCormack and believes he’s in the right,” said Stuart Hoegner. Go to Source Powered by WPeMatico
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China Drafts Law to Recognize Digital Yuan The People’s Bank … Read more
Stablecoins went wild in the days before Bitcoin’s recent surge
Retail investors are buying into Bitcoin, says CryptoQuant CEO. Go to Source Powered by WPeMatico
Almost half a billion USDT minted in past 36 hours as Bitcoin rallies
Of the 450 million new USDT tokens, more than 185 million have been distributed with 126.9 million USDT going to Binance alone Go to Source Powered by WPeMatico
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the … Read more
Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways Go to Source Powered by WPeMatico
Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume. Go to Source Powered by WPeMatico
Tether’s market cap could overtake Ethereum’s next year — Bloomberg report
Expect Bitcoin in the number one spot and Tether second by market capitalization before 2022. Go to Source Powered by WPeMatico
Market Update: Bitcoin Captures $11K, Flash Buy Signals, Bollinger Band Squeeze
Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340 billion. Digital currency markets are doing well on October … Read more