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 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.
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
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
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 —
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
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
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
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
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 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
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
As the world’s largest stablecoin, Tether [USDT] is so close to hitting a market cap of $10 billion, the founder of NEO suggested the possibility of stablecoin dethroning the United States Dollar. US Could Scrutinize USDT By 2022 Cryptocurrencies have come a long way from being labeled as an instrument of illegal activities to widely