2024-4-23 07:54 |
Venezuela's state-run oil company started experimenting with Tether in 2023. origin »
|
Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…
2024-4-23 11:43 | |
|
|
Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May.
2023-6-28 21:49 | |
|
|
Bitfinex, a prominent digital asset trading platform, has announced the launch of a new peer-to-peer (P2P) platform, dubbed Bitfinex P2P. The platform, which will initially target markets in Venezuela, Argentina, and Colombia, enables customers to directly trade Bitcoin (BTC), Tether tokens (USDT and EURT), Tether Gold (XAUT), and Ethereum (ETH) while facilitating payments outside of […] The post Bitfinex unveils peer-to-peer trading platform for Latin American markets appeared first on CryptoSlate.
2023-6-27 18:01 | |
|
|
While Venezuela’s government remains committed to its Petro digital currency project, a leading fast-food restaurant in the country has announced to now start accepting cryptocurrency payments. In a recent twitter announcement, Burger King Venezuela has partnered with Cryptobuyer – payment platform – to enable customers to pay using Ethereum, Litecoin, Dash, BNB, Tether, and Bitcoin. […]
2020-1-6 21:50 | |
|
|
CoinSpeaker Dash Surges Amid Tether Effect, Launches Text-Based Crypto Payments in Venezuela While Tether loses its peg against the US Dollar, Dash price is surging. Another positive news is that the startup is launching Dash Text - text-based crypto payment service in Venezuela.
2018-11-5 14:07 | |
|
|
The oil-backed Petro, Venezuela’s own sovereign cryptocurrency has hit headlines very recently after authorities in Venezuela announced they would be using the Petro as a tether to the Bolivar, the Venezuelan FIAT currency that is currently struggling under hyperinflation.
2018-8-22 16:30 | |
|
|
USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether’s Bitcoin holdings to 82,983 BTC, worth approximately $7.
Bitcoin’s actual stored value has been estimated at $1. 03 trillion, far below its $2 trillion market cap, according to CryptoQuant CEO Ki Young Ju. Ju stated that this figure represents an 85% increase from the beginning of 2024, showcasing growing investor confidence in the crypto as a Store of Value.
Swaroop Hegde, CEO and Co-Founder of Powerloom, joined CryptoSlate’s Editor-in-Chief, Liam “Akiba” Wright, and CEO Nate Whitehill on The SlateCast to discuss the future of decentralized data layers.
Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.
On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new post on X, the on-chain analytics firm Santiment discussed the trend in the Exchange Flow Balance for Tether’s USDT.
The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months.
