2019-5-2 15:22 |
Despite facing legal troubles coupled with damning press coverage, Tether hasn’t lost its peg to the US dollar
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Despite stirring controversy over the last year and a half, the ninth largest cryptocurrency by market capitalization Tether has achieved an all time high in daily transaction volume. USDT, which holds a market cap of.
2019-4-2 17:37 | |
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The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.
2019-3-18 17:48 | |
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For starters – Implemented on the second largest blockchain Ethereum (ETH) network while depended on the concept of smart contracts, Maker [native token MKR] is a case when the much criticized crypo-volatility is battled an extend being backed by Ether.
2019-2-11 21:32 | |
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Recently, CryptoCompare, the global cryptocurrency market data provider published a study offering institutional and retail investors insights into the cryptocurrency exchange industry. One of the observations made by the study is that Tether (USDT) continues to represent the majority of Bitcoin trading into fiat or stable coins at 65% of the total monthly volume in […]
2019-1-20 01:55 | |
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Bloomberg has claimed to have witnessed bank statements evidencing that Tether does indeed possess the dollars required to back the USDT tokens that are in circulation. Despite the bold claim, nearly all documentation cited in the report is dated from the year 2017.
2018-12-21 01:00 | |
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Despite the promise of altcoins, funds are reverting to the leading coin, which is now mostly trading against Tether (USDT).
2018-12-14 12:08 | |
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Tether seems to be slowly gaining on other cryptocurrencies in the top five list, despite its continually falling market capitalization trends. Though the market is still in ruins following the recent crash in price of major assets, the digital cryptocurrency buyers of the world have invariably turned their attention to stablecoins as a viable way […]
2018-12-11 20:31 | |
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The ongoing drama surrounding the opaque operations of Tether throughout 2018 has driven the proliferation of similar pegged currencies, leading to USDT’s dominance over the stablecoin markets waning.
2018-12-8 00:30 | |
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Dogecoin has been outperforming most major cryptocurrencies. It is the top performer in the top 20 cryptocurrencies by market cap with the exception of the stablecoin USD Tether and the very nascent Bitcoin Cash SV.
2018-12-7 20:09 | |
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Despite the crisis at the end of October, Tether (USDT) remained the most stable dollar-pegged coin in the long run, and other stablecoins increased their influence.
2018-11-21 14:57 | |
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As legacy markets tumble, BTC has followed suit. Despite the Tether and Bitfinex situation improving, new Bitcoin Cash shenanigans have emerged to shake up the BTC hash rate.
2018-11-19 14:01 | |
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Tether and Deltec Bank & Trust has been together in the media frequently lately for the rumors of a new banking relationship. Only last week, Tether posted on Twitter to confirm the partnership, despite refraining from any type of comment for the weeks preceding it.
2018-11-7 02:56 | |
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Some altcoins have performed well this past month despite the price of leading digital currencies such as Bitcoin and Ethereum’s value remaining stagnant. The stablecoin Tether, for example, has been widely adopted to some point by the crypto community, to them, it is the digital version of the dollar.
2018-11-2 20:44 | |
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Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.
2018-10-31 03:58 | |
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Stablecoins, despite their perceived lack of viability, are quickly becoming an emerging part of the cryptocurrency market. However, some projects like Tether (USDT) or the Winklevoss Twins’ Gemini Dollar, are at odds with one another regarding their respective missions.
2018-10-25 16:53 | |
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Stablecoin popularity continues to grow, and ever since Tether (USDT) started the trend, numerous other stablecoins have emerged around the world. Despite the recent Tether controversy that has seen the pegged coin’s value drop below $1 — which should never happen, since each coin is supposedly backed by a buck — other stablecoins continue to.
2018-10-24 17:30 | |
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Despite growing exchange and stablecoin competition, Bitfinex and USDT continue to represent a substantial portion of all cryptocurrency markets.
2018-10-23 14:00 | |
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The cryptocurrency industry is in the process of dealing with a very peculiar problem right now. Despite Tether’s USDT struggling for stability to regain $1, its TUSD counterpart has a struggle of its own.
2018-10-16 09:58 | |
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No one will deny Tether’s USDT stablecoin is a bit controversial. That image has only been reinforced today, as the currency proves to be anything but stable in value. A current market dip pushes the below per USDT below the $0.
2018-10-15 14:36 | |
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The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
2018-10-15 11:40 | |
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Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.
2018-10-13 15:46 | |
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It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.
2018-10-11 17:30 | |
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One of the most popular cryptocurrency products being released in 2018 are stable coins, which widely market themselves as having all the benefits of cryptocurrencies, minus the volatility. Despite seeming like a practical product, some critics claim that they pose too many problems to ever be widely adopted.
2018-9-29 22:00 | |
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Published a month before a report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate bitcoin's price, another academic study has come to light that challenges this theory.
2018-9-25 20:35 | |
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Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory.
2018-9-24 20:35 | |
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A study examining the widely suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT grants do not have a “statistically significant” effect on price fluctuations.
2018-9-24 20:25 | |
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Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?
2018-9-15 00:15 | |
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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 | |
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Bitcoin (BTC), Tether (USDT)–Despite Tether (USDT) printing over half a billion dollars worth of new coinage throughout the month of August, financial news outlet Bloomberg reports the move has had little to no impact upon the crypto markets.
2018-8-27 22:04 | |
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Despite high-ranking government officials still speak about cryptocurrencies very cautiously, the fact that crypto-summits take place and officials are following crypto-market developments shows the potential for widespread crypto adoption.
2018-7-28 22:30 | |
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The supply of Tether (USDT) and TrueUSD (TUSD), another dollar-pegged token, decreased in unison after July 23.
2018-7-27 13:21 | |
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After a report by Bloomberg in which a journalist found it odd that Tether maintained a significant amount of price stability despite large trade volumes, Kraken shot back, explaining the reason behind all of this.
2018-7-2 20:33 | |
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Crypto markets are down, despite some commentators’ expectations of a Bitcoin price rise following Tether’s release of 250 million tokens yesterday
2018-6-26 20:12 | |
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Popular stablecoin, USDT, pegged to the price of one U. S. dollar, has just granted another 250 million tokens, adding to the discussion surrounding this often controversial crypto asset. The Tether ‘Controversy’ Continues Despite its widespread use, Tether has been the topic of controversy within the cryptocurrency community, as users speculate about the legitimacy of the project.
2018-6-26 23:30 | |
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Despite lightning network developments, Tether’s recent audit and the Bithumb exchange responding well to a malicious attack, Bitcoin is still struggling to gain traction in today’s market. Let’s look at a few reasons why that is
2018-6-22 16:04 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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