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Crypto Exchange Coinbase Adds Support for the Tether (USDT) Stablecoin Citing Customer Demand

After a long wait, crypto exchange Coinbase has finally added support for the most popular stablecoin Tether (USDT). The Coinbase announcement came just a few minutes back noting that the exchange supports USDT stablecoin for its Android and iOS applications. As per the announcement, Coinbase customers can “buy, sell, convert, send, receive, or store USDT”.

After a long wait, crypto exchange Coinbase has finally added support for the most popular stablecoin Tether (USDT). The Coinbase announcement came just a few minutes back noting that the exchange supports USDT stablecoin for its Android and iOS applications. As per the announcement, Coinbase customers can “buy, sell, convert, send, receive, or store USDT”.

Tether
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Tether
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Tether Offers Transparency Report to Prove Its Reserves Are Fully Backed

Tether, the USDT stablecoin issuer has presented its first transparency report for its USDT supply and fully backed reserves in the form of assurance opinion from Moore Cayman. As a stablecoin issuer, the circulating supply of USDT must be backed by an equivalent amount of USD in reserves, however, Tether has often been marred into

Tether, the USDT stablecoin issuer has presented its first transparency report for its USDT supply and fully backed reserves in the form of assurance opinion from Moore Cayman. As a stablecoin issuer, the circulating supply of USDT must be backed by an equivalent amount of USD in reserves, however, Tether has often been marred into

binance coin
Altcoin News
binance coin
Altcoin News

Is Binance Coin (BNB) the New Ethereum (ETH)? Why BNB Surged Fast At 3rd Position?

Looks like Binance Coin (BNB) is all set to eat into the market share of Ethereum (ETH)! Binance coin (BNB), the native cryptocurrency of the Binance Smart Chain has entered an indomitable price rally over the last few days. Today, the BNB price surge another 50% flipping Tether (USDT) as the third-largest cryptocurrency by market

Looks like Binance Coin (BNB) is all set to eat into the market share of Ethereum (ETH)! Binance coin (BNB), the native cryptocurrency of the Binance Smart Chain has entered an indomitable price rally over the last few days. Today, the BNB price surge another 50% flipping Tether (USDT) as the third-largest cryptocurrency by market

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

Tether
Events
Tether
Events

Deltecbank Reveals Huge Position in Bitcoin, Why Tether Might be in Trouble Again?

Deltecbank, a Tether banking partner recently revealed that they own a position in Bitcoin which under normal circumstances would be bullish news, however, given NYAG lawsuit against Tether and Bitfinex for manipulation of funds and Tether being a stablecoin issuer makes it quite a tricky situation and not a good one for Tether. Deltecbank’s chief

Deltecbank, a Tether banking partner recently revealed that they own a position in Bitcoin which under normal circumstances would be bullish news, however, given NYAG lawsuit against Tether and Bitfinex for manipulation of funds and Tether being a stablecoin issuer makes it quite a tricky situation and not a good one for Tether. Deltecbank’s chief

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

Tether Flips Bitcoin [BTC] as the Medium of Transfer with a Capital Flight to Stablecoins

After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies.  As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of

After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies.  As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of

WeChat Closes its Crypto Payment Method, Set to Terminate Merchant Account Dealing With Crypto
Stablecoin News
WeChat Closes its Crypto Payment Method, Set to Terminate Merchant Account Dealing With Crypto
Stablecoin News

Stablecoins Vs. CBDC: Will it Effect Crypto Markets a Year from Now?

USD backed Stablecoins have overtaken the transaction volume of Bitcoin and Ethereum. Moreover, analysts are also witnessing a wind of change towards Central Bank Digital Currencies (CBDC). As FIAT money begins to compete with crypto directly, there is massive uncertainty on its effect on Bitcoin.  The stablecoins are leaving begin crypto in trading volumes and

USD backed Stablecoins have overtaken the transaction volume of Bitcoin and Ethereum. Moreover, analysts are also witnessing a wind of change towards Central Bank Digital Currencies (CBDC). As FIAT money begins to compete with crypto directly, there is massive uncertainty on its effect on Bitcoin.  The stablecoins are leaving begin crypto in trading volumes and

us bank charter stablecoin disruptor
Stablecoin News
us bank charter stablecoin disruptor
Stablecoin News

Why Stablecoins Are Not True Cryptocurrencies: Analyst

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

Brock-Pierce US President
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Brock-Pierce US President
News

Cryptocurrency Entrepreneur Brock Pierce To Run For President Of US

Brock Pierce, the serial entrepreneur and co-founder of Tether (the stablecoin), is now a U.S. Presidential candidate, and will be one of the many angling to contest with President Donald Trump this November. He will be running as an independent. Brock  Pierce To Run for President Brock will be campaigning, convincing citizens for votes with

Brock Pierce, the serial entrepreneur and co-founder of Tether (the stablecoin), is now a U.S. Presidential candidate, and will be one of the many angling to contest with President Donald Trump this November. He will be running as an independent. Brock  Pierce To Run for President Brock will be campaigning, convincing citizens for votes with

tether
Altcoin
tether
Altcoin

Can USDT Dethrone The US Dollar? The New Era Of Stablecoins

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

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

Binance
Altcoin
Binance
Altcoin

Binance Pairs Bitcoin And Tether Against Ukrainian hryvnia

Malta-based cryptocurrency exchange, Binance announced its latest trading pairs. The platform has extended support for the Ukrainian hryvnia [UAH].  Binance And Ukraine Go Way Back The largest cryptocurrency exchange, Binance has managed to maintain its spot in the headlines as well as CoinMarketCap’s list of top cryptocurrency exchanges. Almost every day, the platform releases an

Malta-based cryptocurrency exchange, Binance announced its latest trading pairs. The platform has extended support for the Ukrainian hryvnia [UAH].  Binance And Ukraine Go Way Back The largest cryptocurrency exchange, Binance has managed to maintain its spot in the headlines as well as CoinMarketCap’s list of top cryptocurrency exchanges. Almost every day, the platform releases an

Lawsuit against crypto exchanges
Altcoin
Lawsuit against crypto exchanges
Altcoin

Bitfinex And Tether In Troubled Waters Again; Bittrex and Poloniex Follow Suit

Bitfinex and Tether continue to face trouble as the platforms have been slapped with an updated lawsuit for the 2017 crypto market manipulation. Along with formerly accused, two other popular exchanges, Poloniex and Bittrex have been accused of participating in the manipulation in the amended lawsuit. Poloniex And Bittrex Join The List Recently, the largest

Bitfinex and Tether continue to face trouble as the platforms have been slapped with an updated lawsuit for the 2017 crypto market manipulation. Along with formerly accused, two other popular exchanges, Poloniex and Bittrex have been accused of participating in the manipulation in the amended lawsuit. Poloniex And Bittrex Join The List Recently, the largest

Tether steers from Ethereum into OMG Network
Altcoin
Tether steers from Ethereum into OMG Network
Altcoin

“OMG Is Not Ethereum Killer” Vitalik On Tether’s [USDT] Migration To OMG Network

  Hong Kong-based cryptocurrency trading platform, Bitfinex revealed that stablecoin Tether [USDT] has been integrated into the OMG Network. Tether Finds Shelter at OMG Network Bitfinex’s latest move was put into action in order to diminish confirmation times while making sure that users engage in faster payments with more economical transaction costs. The platform assures

  Hong Kong-based cryptocurrency trading platform, Bitfinex revealed that stablecoin Tether [USDT] has been integrated into the OMG Network. Tether Finds Shelter at OMG Network Bitfinex’s latest move was put into action in order to diminish confirmation times while making sure that users engage in faster payments with more economical transaction costs. The platform assures

stock-market-listing
Altcoin News
stock-market-listing
Altcoin News

Coinbase Custody Adds Support for USDT, Why Is it a Big Deal for Crypto Markets?

On Friday, Coinbase Custody rolled out support for Ethereum-based USDT (Tether). Currently, it supports three stablecoins USDC, DAI and Compound USD. ‘Coinbase effect,’ is a popular term in the crypto markets to explain the rise in the price of cryptocurrencies on the exchange listing. In the last 10 days, the addition of two cryptocurrencies MakerDAO

On Friday, Coinbase Custody rolled out support for Ethereum-based USDT (Tether). Currently, it supports three stablecoins USDC, DAI and Compound USD. ‘Coinbase effect,’ is a popular term in the crypto markets to explain the rise in the price of cryptocurrencies on the exchange listing. In the last 10 days, the addition of two cryptocurrencies MakerDAO

craig sellars tether founder
Stablecoin News
craig sellars tether founder
Stablecoin News

Tether Founder Shares How Goldman Sachs Shrugged off USDT Back in 2015

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Ethereum
Altcoin News
Ethereum
Altcoin News

Is Ethereum Undervalued? Analyst Warns Against Misleading On-Chain Metrics

Ethereum [ETH] adoption via stablecoin and DeFi has been driving the bullish sentiments. Moreover, the on-chain is also in an uptrend which further strengthens its fundamental value. However, analyst and founding partner at Primitive Crypto, Dovey Wan, points out that in reality the demand could be inflated.  Ironically enough, a lot of the inflated on-chain

Ethereum [ETH] adoption via stablecoin and DeFi has been driving the bullish sentiments. Moreover, the on-chain is also in an uptrend which further strengthens its fundamental value. However, analyst and founding partner at Primitive Crypto, Dovey Wan, points out that in reality the demand could be inflated.  Ironically enough, a lot of the inflated on-chain

Tether
Altcoin News
Tether
Altcoin News

Over $70 Million USDT Transferred To Binance From Tether Treasury

Could this be a signal for a bullish momentum on Bitcoin’s (BTC) or altcoins’ market? According to reports from Whale Alerts, a crypto data aggregator, over $70 million worth of Tether (USDT) stablecoin moved from the Tether Treasury to Binance exchange. The big movement of USDT to exchanges usually signals a possible oncoming uptrend in

Could this be a signal for a bullish momentum on Bitcoin’s (BTC) or altcoins’ market? According to reports from Whale Alerts, a crypto data aggregator, over $70 million worth of Tether (USDT) stablecoin moved from the Tether Treasury to Binance exchange. The big movement of USDT to exchanges usually signals a possible oncoming uptrend in

crypto market altseason
Altcoin News
crypto market altseason
Altcoin News

USDT (Tether) Flips XRP on CoinMarketCap after a $11 Billion Crypto Dump

The total market capitalization of USDT overcomes that of XRP becoming the third largest cryptocurrency on CMC. Moreover, the combined market capitalization of USD stablecoin has risen over $10.3 billion. The sell-off in the cryptocurrency markets. yesterday, caused a rush to USD as the demand for stablecoins rose considerably. The total USDT on crypto exchanges

The total market capitalization of USDT overcomes that of XRP becoming the third largest cryptocurrency on CMC. Moreover, the combined market capitalization of USD stablecoin has risen over $10.3 billion. The sell-off in the cryptocurrency markets. yesterday, caused a rush to USD as the demand for stablecoins rose considerably. The total USDT on crypto exchanges

Ethereum Finality Gadget
Altcoin News
Ethereum Finality Gadget
Altcoin News

Over $7.3 Billion Worth of Stablecoins Being Secured by Ethereum (ETH), True Adoption?

Two months to the launch of ETH 2.0, statistics reveal that the Ethereum network, slow as it is, now secures over $7 billion worth of stablecoins. Stablecoins are digital currencies tailored to minimize the effect of price volatility since digital assets are well known for their fluctuations. Technically, stablecoins act as a unit of account

Two months to the launch of ETH 2.0, statistics reveal that the Ethereum network, slow as it is, now secures over $7 billion worth of stablecoins. Stablecoins are digital currencies tailored to minimize the effect of price volatility since digital assets are well known for their fluctuations. Technically, stablecoins act as a unit of account