Cryptocurrency Analysis and News Portal
Singapore-based crypto futures exchange Bybit has announced the addition of Tether (USDT) perpetual contracts. By adding the stablecoin to its existing futures contracts (BTC, ETH, EOS and XRP paired with USD), the exchange aims to furnish traders with greater simplicity and flexibility, as they can now hold long and short
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Tether, the stablecoin leader, has announced that it is launching on Bitcoin Cash as well. The Bitcoin Cash protocol uses a sub-protocol, called the Simple Ledger Protocol (SLP), to issue tokens on top of the blockchain base layer, per Bitcoin News, March 21, 2020. Stablecoins for Tumultuous Times The recent market crash bolstered the
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The global cryptocurrency spots and derivatives exchange platform, OKEx doesn’t need any introduction. Known for its trading and other cryptocurrency-related products and services, the platform has now started an initiative to encourage and reward its traders.The Elite Trading Team Contest by OKEx offers a chance for traders on the platform
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Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. Bitfinex and Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in a keynote speech at the CryptoCompare Digital Asset Summit in London
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Recent data from crypto data site Coin Metrics shows USDT tokens change locations every eight days on average. “The trailing 12 month velocity of @Tether_to on Omni, Ethereum and Tron has rapidly and consistently increased since September and currently sits at ATHs, where on average each $USDT turns over 46 times per
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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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Trading on OKEx just became even more exciting following the inclusion of USDT-Margined Futures on the platform. The new virtual derivative product went live today, following an earlier successful simulation that started on November 5, 2019. The new USDT-Margined Futures is available with attractive leverage levels ranging between 0.01x to
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Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price.The responseTether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, an announcement that
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Current crypto market sentiments and Tether transaction volumes at various crypto payment processors suggest that Tether (USDT) is becoming one of the most traded digital assets in the crypto market, leaving Ethereum (ETH)trade behind in the third place and even Bitcoin(BTC)trade in the second place (!) in 24 hour volume.Blockchain
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Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with CryptoX on Oct. 5, this way the companies aim
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