Chainalysis: New Issuance of Tether Slows Down Bitcoin Price Growth
Almost an even split between fiat and USDT Go to Source Powered by WPeMatico
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Almost an even split between fiat and USDT Go to Source Powered by WPeMatico
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. Crypto Market Cap Crosses $365 … Read more
The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies. Go to Source Powered by WPeMatico
Peter Brandt didn’t mince his words when describing the controversial stablecoin. Go to Source Powered by WPeMatico
Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt. The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew about the alleged market manipulation by Bitfinex. In June, the plaintiffs namely, Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz … Read more
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data … Read more
The new World Stablecoin Association hopes to create a united front for the sector to tackle regulatory concerns and drive collaboration. Go to Source Powered by WPeMatico
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert twitter post, however, Paolo Ardoino the CTO … Read more
The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau. Go to Source Powered by WPeMatico
As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high. Go to Source Powered by WPeMatico