Tether Treasury Mints $300 Million of Stablecoin: What Could It Mean for Bitcoin Price?

2019-4-26 23:00

Yesterday, the Tether treasury, responsible for managing the supply of the stablecoin, has minted an additional $300 million USD worth of the fiat-backed stablecoin, following the recent bullish Bitcoin price action.

Prior to the powerful break through seemingly unbreakable support at $6,000 in November, Tether had removed the same amount from the market, suggesting that. . .

The post Tether Treasury Mints $300 Million of Stablecoin: What Could It Mean for Bitcoin Price? appeared first on NewsBTC.

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tether stablecoin price bitcoin treasury million mints

Источник: newsbtc.com

tether stablecoin → Результатов: 126


Фото:

Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […]

2021-4-27 17:15


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


Фото:

Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether

In a new blog post, cryptocurrency exchange Gemini announced the launch of its own stablecoin — Gemini dollar. The cryptocurrency is pegged to the US dollar 1:1 and designed as an ERC20 token. Cameron Winklevoss wrote in the post that they intend to bring fiat and cryptocurrency closer by creating a regulated and trustworthy US […] Gemini Exchange Launches Gemini Dollar, a Stablecoin Similar to Tether was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-12 18:59


Фото:

Report: Tether Printing is Failing to Pump Bitcoin and the Crypto Market

Pumping the cryptocurrency market is proving to be a difficult task for “whales” and digital asset exchanges, researchers at Bloomberg believe. $500 Million USDT in August Alone As observed by the Bloomberg, over $500 million in controversial stablecoin Tether (USDT) has been “printed” throughout August, without a significant increase in Bitcoin’s (BTC) price.

2018-8-25 00:00


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