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Stablecoins USDC and BUSD Are Eating into the Market Share of Tether (USDT)

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

Bitcoin News
Bitcoin News

CBDC News: Central Bank of Nigeria’s CBDC to take off on 1st October

The Central Bank of Nigeria (CBN) presented its Central Bank Digital Currency (CBDC) initiative to stakeholders on Thursday and revealed the launch of the pilot project of CBN’s Central Bank Digital Currency (CBDC) to be on 1st October. The CBDC project, also known as ‘GIANT’, will be operating on the hyper-ledger fabric blockchain, i.e., an

The Central Bank of Nigeria (CBN) presented its Central Bank Digital Currency (CBDC) initiative to stakeholders on Thursday and revealed the launch of the pilot project of CBN’s Central Bank Digital Currency (CBDC) to be on 1st October. The CBDC project, also known as ‘GIANT’, will be operating on the hyper-ledger fabric blockchain, i.e., an

News
News

Stablecoin War: Paxos Calls Out Tether (USDT) and Circle (USDC) for Issuing Non-Regulated stablecoins

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

Bitcoin News
Bitcoin News

The B Word Conference Starts in Few Hours, Here’s What to Expect

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The B word conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The B word conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and

Bitcoin News
Bitcoin News

Chinese crypto crackdown may extend to Stablecoin after butchering Bitcoin

Fan Yifei, Deputy Governor of the People’s Bank of China mentioned the speculative nature of both Bitcoin (BTC) and Stablecoins, at the State Council policy briefing this morning. He said bitcoin and stablecoins are a potential threat to the state’s financial security and social stability, as the decentralized digital currency has become a gateway to

Fan Yifei, Deputy Governor of the People’s Bank of China mentioned the speculative nature of both Bitcoin (BTC) and Stablecoins, at the State Council policy briefing this morning. He said bitcoin and stablecoins are a potential threat to the state’s financial security and social stability, as the decentralized digital currency has become a gateway to

tether
Bitcoin News
tether
Bitcoin News

Tether’s (USDT) Unsecured USD Holdings Can Result to Liquidity Shocks Beyond Crypto Market

Tether (USDT), the world’s third-largest cryptocurrency by market cap and USD-backed stablecoin is once again in the limelight and controversy. This time it’s the economists and officials from the U.S. Federal Reserve who have raised serious concerns over Tether’s operations. Investors are concerned that any loss of confidence in Tether (USDT) can lead to a

Tether (USDT), the world’s third-largest cryptocurrency by market cap and USD-backed stablecoin is once again in the limelight and controversy. This time it’s the economists and officials from the U.S. Federal Reserve who have raised serious concerns over Tether’s operations. Investors are concerned that any loss of confidence in Tether (USDT) can lead to a

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC Uptrend Shatters As Declines To $30,000 Beckon

Bitcoin price pulls the entire market down as support at $33,000 is tested. BTC’s short-term technical indicators flash sell signal as losses gain momentum. Bitcoin price seems to have abandoned the uptrend toward $40,000 due to the resistance at $35,000. Over the last two weeks, BTC’s price action within the confines of an ascending parallel

Bitcoin price pulls the entire market down as support at $33,000 is tested. BTC’s short-term technical indicators flash sell signal as losses gain momentum. Bitcoin price seems to have abandoned the uptrend toward $40,000 due to the resistance at $35,000. Over the last two weeks, BTC’s price action within the confines of an ascending parallel

No Picture
Altcoin
No Picture
Altcoin

Crypto Review: Utrust [UTK] Price And Market Analysis, Is $UTK a Good Future Investment?

We hope you’re enjoying our market and price analysis of top crypto projects. Our next project in the same series is Utrust ($UTK) trying to disrupt e-commerce, crypto and mobile payments. So, let’s begin. What is UTRUST (UTK) Uniqueness? Major advantages/features Utrust UTK was founded by Nuno corrreia, Roberto Machado, and Filipe Castro IN 2017.

We hope you’re enjoying our market and price analysis of top crypto projects. Our next project in the same series is Utrust ($UTK) trying to disrupt e-commerce, crypto and mobile payments. So, let’s begin. What is UTRUST (UTK) Uniqueness? Major advantages/features Utrust UTK was founded by Nuno corrreia, Roberto Machado, and Filipe Castro IN 2017.

new york Attorney general cryptocurrencies
Altcoin News
new york Attorney general cryptocurrencies
Altcoin News

“Play by the Rules Or We will Shut You down”- New York Attorney General Warns Crypto Industry

New York state attorney general Letitia James today publicly warned crypto industry player to either play by the rules or the authorities will shut you down citing recent actions against Bitfinex and Tether as an example. Letitia James sent a clear message to both crypto industry players as well investors urging them to be cautious.

New York state attorney general Letitia James today publicly warned crypto industry player to either play by the rules or the authorities will shut you down citing recent actions against Bitfinex and Tether as an example. Letitia James sent a clear message to both crypto industry players as well investors urging them to be cautious.

Bitcoin News
Bitcoin News

$50K for Bitcoin (BTC) Soon As High Stablecoin Deposits and Active Addresses Continue to Rise

After hitting its all-time high above $47,500 levels on Tuesday, February 9, BTC has seen a partial retracement and is currently trading at $44,920 levels with a market cap of $831 billion. After Tesla’s announcement of $1.5 billion worth of BTC purchase, Bitcoin has already surged ~18% so far. Despite this sharp surge in just

After hitting its all-time high above $47,500 levels on Tuesday, February 9, BTC has seen a partial retracement and is currently trading at $44,920 levels with a market cap of $831 billion. After Tesla’s announcement of $1.5 billion worth of BTC purchase, Bitcoin has already surged ~18% so far. Despite this sharp surge in just

Bitcoin News
Bitcoin News

Crypto Exchanges See Massive Stablecoin Inflow Hours Before MicroStrategy Conference

Crypto exchanges saw a massive inflow of over $550 million in stablecoins this morning as the price of bitcoin looks bullish having broken above $36,000 yesterday. The massive flow of stablecoins suggests that the market is gearing up to make more purchases thus a bullish sign. $552M stablecoins(mostly $USDT) just flowed into all exchanges, renewed

Crypto exchanges saw a massive inflow of over $550 million in stablecoins this morning as the price of bitcoin looks bullish having broken above $36,000 yesterday. The massive flow of stablecoins suggests that the market is gearing up to make more purchases thus a bullish sign. $552M stablecoins(mostly $USDT) just flowed into all exchanges, renewed

Altcoin News
Altcoin News

ETH Price Analysis: Ethereum soars to new record highs, as technicals target $1,800

Ethereum (ETH) price breaks out from an ascending triangle aiming for new all-time highs at $1,800. ETH’s uptrend has been validated by the MACD and the daily close above $1,400. Ethereum has recently become a digital asset to watch with its holders preferring to stay for the long term. On the other hand, Bitcoin is

Ethereum (ETH) price breaks out from an ascending triangle aiming for new all-time highs at $1,800. ETH’s uptrend has been validated by the MACD and the daily close above $1,400. Ethereum has recently become a digital asset to watch with its holders preferring to stay for the long term. On the other hand, Bitcoin is

Tether
Altcoin
Tether
Altcoin

Breaking: Bitfinex and Tether Seek 30-day Extension to Produce Critical Financial Document Before NYAG

iFinex Inc, the parent company of both Tether and Bitfinex has filed for a 30-day extension for the submission of key documents about Tether reserves and other financial operations in the ongoing lawsuit filed by NYAG. Update letter for NYAG Tether case, ~30 more days of waiting everyone. See you around Valentine's day https://t.co/NgozuAMDVY —

iFinex Inc, the parent company of both Tether and Bitfinex has filed for a 30-day extension for the submission of key documents about Tether reserves and other financial operations in the ongoing lawsuit filed by NYAG. Update letter for NYAG Tether case, ~30 more days of waiting everyone. See you around Valentine's day https://t.co/NgozuAMDVY —

BTC-USDT-Issuance
Bitcoin News
BTC-USDT-Issuance
Bitcoin News

Millions in USDT Moved & Minted at Tether Treasury, Analyst Peter Brandt Casts Doubts Over Tether And BTC Pumps

Updated: 100 Million Tether [USDT] were earlier moved to an unknown wallet and another 400 Million USDT is reported to be minted from Tether treasury. The movement of 100 Million USDT was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a

Updated: 100 Million Tether [USDT] were earlier moved to an unknown wallet and another 400 Million USDT is reported to be minted from Tether treasury. The movement of 100 Million USDT was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a

TEther
Bitcoin News
TEther
Bitcoin News

Tether (USDT) Conspiracy Tosses Again As We Arrive at The D-Day of January 15

Today, January 15th is a crucial day for crypto market as the conspiracy around the use of USDT stablecoin by Tether and its alleged relationship with crypto exchange Bitfinex is catching up the heat. Tether is once again in the limelight because the stablecoin issuer has pumped an additional $4.2 billion worth of USDT coins

Today, January 15th is a crucial day for crypto market as the conspiracy around the use of USDT stablecoin by Tether and its alleged relationship with crypto exchange Bitfinex is catching up the heat. Tether is once again in the limelight because the stablecoin issuer has pumped an additional $4.2 billion worth of USDT coins

USDC coin
News
USDC coin
News

Stablecoin Demand Surges as USDC Supply Surpasses $3Bn, Tether Closes on $20Bn

The demand for digital dollars is soaring and the second-largest stablecoin in the crypto ecosystem has just reached a new circulation milestone. The Centre Consortium’s USD Coin has just surpassed 3 billion in circulation, growing by nearly 500% in 2020 according to a blog post today. The founding members of the consortium are Circle and

The demand for digital dollars is soaring and the second-largest stablecoin in the crypto ecosystem has just reached a new circulation milestone. The Centre Consortium’s USD Coin has just surpassed 3 billion in circulation, growing by nearly 500% in 2020 according to a blog post today. The founding members of the consortium are Circle and

Tether
News
Tether
News

Tether Dominates Exchange Trading With 70% of The Volume

Stablecoin Tether’s dominance for crypto trading pairs has surged over the past three years so much that it now accounts for almost three-quarters of all exchange pairs according to recent research. Back in 2017, crypto trading pairs were primarily made in Bitcoin which is what partially boosted it on its way to an all-time high

Stablecoin Tether’s dominance for crypto trading pairs has surged over the past three years so much that it now accounts for almost three-quarters of all exchange pairs according to recent research. Back in 2017, crypto trading pairs were primarily made in Bitcoin which is what partially boosted it on its way to an all-time high

tether
Blockchain
tether
Blockchain

Tether to Launch on Solana Blockchain For ‘Nasdaq Speed’ Transactions

The world’s most popular stablecoin, Tether, is taking more action to make transactions faster and cheaper for its users. The latest move is to launch on the new high-speed Solana blockchain. Tether will be the first stablecoin to launch on Solana, which has been touted as an ‘ultra-high-speed’ blockchain. The Solana network boasts speeds of

The world’s most popular stablecoin, Tether, is taking more action to make transactions faster and cheaper for its users. The latest move is to launch on the new high-speed Solana blockchain. Tether will be the first stablecoin to launch on Solana, which has been touted as an ‘ultra-high-speed’ blockchain. The Solana network boasts speeds of

Tether
Altcoin
Tether
Altcoin

Is Tether’s Market Cap On Its Way To Hit $100 Billion?

The largest stabelcoin, Tether [USDT] has once again made it to the headlines after hitting a market cap of $10 billion. The crypto community displays bullish sentiments.  The $10 Billion Milestone Stablecoins came as a savior to those who wanted to enter the crypto-verse but feared the volatile nature of cryptocurrencies. Despite being fairly new

The largest stabelcoin, Tether [USDT] has once again made it to the headlines after hitting a market cap of $10 billion. The crypto community displays bullish sentiments.  The $10 Billion Milestone Stablecoins came as a savior to those who wanted to enter the crypto-verse but feared the volatile nature of cryptocurrencies. Despite being fairly new

Bitfinex
Altcoin
Bitfinex
Altcoin

Bitfinex’ NYAG Jurisdiction Appeal Denied; Crypto Exchange To Face NY Suit

Prominent cryptocurrency exchange, Bitfinex, and stablecoin Tether have been denied a change of jurisdiction and must face suit in New York. ‘New York Traders Used Tether’, Argues Court As the popularity of the crypto-verse surges, the number platforms part of it also soars. Controversies don’t fall far behind. While some are accused of carrying out

Prominent cryptocurrency exchange, Bitfinex, and stablecoin Tether have been denied a change of jurisdiction and must face suit in New York. ‘New York Traders Used Tether’, Argues Court As the popularity of the crypto-verse surges, the number platforms part of it also soars. Controversies don’t fall far behind. While some are accused of carrying out