Cryptocurrency Analysis and News Portal
Last updated:August 28, 2020Quick summary:Tether’s daily trade volume has eclipsed Bitcoin’s.Similarly, Tether’s 7-day average transfer value has flippened BTC’s.USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out EthereumThis year, the stablecoin of Tether (USDT) has continually broken records. To begin with, in mid-July, Tether’s
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The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011.Gold has risen 22.7% from $1,550 to $1,902 since Tether Gold (XAUT) — a stablecoin allowing ownership of one troy ounce of gold held
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Tether (USDT) has seen massive inflows of capital throughout 2020, with much of this coming about not as a result of turbulence within the crypto market, but rather due to that seen in the traditional markets.Investors in countries where access to “safe haven” fiat currencies like the US Dollar is
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In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap. Its website states the company has $6.229 Billion in assets. Trading of Bitcoin futures contracts has become more popular as crypto traders
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On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage
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Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader. On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said:“Part of our mission is to provide our users with a wide
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