Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed. Go to Source Powered by WPeMatico
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Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing? Go to Source Powered by WPeMatico
Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1
Tether has edged out XRP in terms of market cap, taking over its number three spot Go to Source Powered by WPeMatico
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate … Read more
Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs
A crypto data firm rep explained how analysis of Tether’s on-chain data can be used to forecast Bitcoin’s bull runs. Go to Source Powered by WPeMatico
Research Shows Inverse Correlation Between USDT on Crypto Exchanges and Bitcoin’s Price
Crypto market insights firm Santiment published an analysis showing that the percentage of USDT held on exchanges is inversely related to Bitcoin’s price Go to Source Powered by WPeMatico
Compound Implements HIstoric Community-Driven Governance Proposals
Compound has implemented two historic community-driven proposals amid the launch of its governance token. Go to Source Powered by WPeMatico
160 Million USDT Tokens Minted During Bitcoin’s Rise to $9K
160 million USDT coins popped into existence while Bitcoin was ascending to $9,000, while whales transferred $85 million USDT to Binance Go to Source Powered by WPeMatico
Peter Brandt likens Tether to ‘Nigerian Trinkets’
Tether is as safe as holding ‘the Nigerian Trinket, according to trading veteren Peter Brandt Go to Source Powered by WPeMatico
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Libra Project … Read more