The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
USDC on exchanges doubled in January while Tethers…
The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether. According to a Feb. 1 report from Glassnode, the amount of USDC on…
Ark Investment Study Suggests BTC Value Will Rise…
According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto.…
These 5 charts show why Bitcoin price failed…
Bitcoin (BTC) fell towards $30,000 on Jan. 26 after higher levels evaporated and fresh miner outflows appeared to suppress price action. BTC price rally turns sour Data from Cointelegraph Markets and Tradingview showed the largest cryptocurrency…
USDT Transactions on Tron Surpassed Ethereum Tether Transactions…
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more…
Bitcoin in jeopardy, Ether briefly breaks records, Biden…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
Tether (USDT) To Face Do or Die Situation…
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps…
Bitfinex introduces crypto loans including bitcoin (BTC) and…
Bitfinex, a popular cryptocurrency exchange platform, today announced it has launched bitcoin (BTC) and ether (ETH) personal loans on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal. Borrowers can use US Dollars (USD), Tether…
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals…
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data…
OKEx’s Trading Volumes and Tether Reserve Plunge on…
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether (USDT) in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal…
3 factors to consider before trading crypto perpetual…
As tempting as it can be to buy altcoins using perpetual futures, there are a few hidden traps that one should monitor closely. Over the past few years, numerous exchanges began to offer altcoin futures…
Tether market cap surpasses $17 billion, fueling Bitcoin…
According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets. Tether’s market cap has been growing exponentially in 2020.…
3 reasons why Bitcoin price suddenly dropping below…
The price of Bitcoin (BTC) fell below $13,000 on Oct. 28 shortly after hitting $13,850 at the day’s peak. Despite the 7% drop in 11 hours, however, the market sentiment remains positive for three key…
Tethers market cap could overtake Ethereum’s next year…
A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook…
XRP Up-Move To Leave Bitcoin And Tether Traders…
XRP continues to lag behind the rest of the crypto market, including Bitcoin and Ethereum. It has resulted in the altcoin losing the third-ranked spot to the stablecoin Tether. But all that’s soon going to…
Bitcoin’s Black Swan: What Happens If The CFTC…
The unthinkable just happened: Bitcoin derivatives trading platform BitMEX is being targeted by the CFTC for a variety of charges, and the company’s CTO has already been arrested related to the case. Now, the worst…
Matic Takes Step Towards Solving High Ethereum Gas…
Matic has just announced that Tether is now available on their network. The Matic team tweeted that this would help Ethereum immensely by diverting activity away from the mainchain. 1/ The industry’s leading stablecoin, Tether…
Why traders are not worried that the KuCoin…
Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t…
Tether’s Stablecoin Dominance Drops Below 80% as Audit…
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to…
The Genesis of BCH Tokenization: Over 10,000 SLP…
This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million…
Is USDC’s Billion Dollar Growth A Sign Crypto…
The talk of the crypto market recently has been the sudden substantial increase of Tether printed and its potential impact on Bitcoin. But what they’ve failed to realize, is that the USDC supply has also…
Tether market cap increases almost 4X in 2020…
The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion. At the beginning of the…
No, Another $1 Billion In Tether (USDT) Wasn’t…
This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin’s circulating supply and market cap. A correlation with newly minted USDT and Bitcoin pumping has sent the crypto community into…
How Does The Next Chapter In The Tether…
If Bitcoin reacts to the recent substantial printing of more Tether stablecoins the same as it has in the past, we may finally have a catalyst for the crypto asset retesting its former all-time high.…
Tether Recovers $1 Million USDT Sent to Wrong…
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going…
A by-the-minute look at Tether’s $1 billion swap…
On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain. Tether flows. Source: Flipside Crypto. From time to time, the news…
Opium Protocol Allows Traders to Hedge or Bet…
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is…
First Mover: Buying Bitcoin’s Dip, Betting Against Tether…
You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never…
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M…
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day]…
Chainlink Monthly Finish Flashes Grand Finale Sell Signals
Chainlink has been the biggest success story in the crypto market since the 2017 bubble popped. In 2020 alone, the asset is up over 700%. From low to high the asset surged over 1200%, helping…
Bitcoin Macro Trend Unaffected by Chinese Investors’ $50B…
New data from Chainalysis shows Chinese investors reportedly used Tether (USDT) to move nearly $50 billion overseas. This has led some crypto investors to question whether or not Bitcoin price could be impacted by capital…
Chainalysis: New Issuance of Tether Slows Down Bitcoin…
Chainalysis contends that the new issuance of Tether (USDT) may dampen Bitcoin's (BTC) bull run. In a weekly Market Intel newsletter, company's chief economist Philip Gradwell said: Newly issued Tether arriving at exchanges can be used…
XRP Reels to Key Support; Loses Position as…
XRP has been trading in close tandem with Bitcoin and Ethereum in recent weeks, which has exposed it to significant selling pressure throughout the past few days. Analysts are now widely noting that the cryptocurrency…
Bitcoin.com Wallet Reveals USDT Support – Users Can…
During the first week of July, Bitcoin.com’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping abilities. With the latest update this week, Bitcoin.com Wallet users can now store…
Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex…
Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt. The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew…
Tether Prints $300 Million, While XRP Reclaims Third…
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s…
Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K
The on-chain activity for the three of the biggest stablecoins exploded as Bitcoin (BTC) was breaking the $11,000 price barrier. 7-day average transfer volume for USDT, DAI, USDC & BTC Price. Source: Glassnode. Stablecoin growth…
Tether Exchange Inflow Reached 8-Month High as Bitcoin…
Tether (USDT) exchange inflow has recently spiked to its highest level in the last 8 months, according to data from on-chain data provider Glassnode. Exchange inflows for the stablecoin reached a 2020 high yesterday as…
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction…
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published…
Crypto Exchange Open Interest Rises as Bitcoin Volatility…
Recent data from Skew shows that open interest for Bitcoin (BTC) has been rising on the Bybit crypto trading platform, reaching a new high at $434 million on July 14 for the Tether (USDT) and USD…
The Popular Stablecoin Tether Is Now Circulating on…
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether…
Tether’s Market Valuation Grows 144% in 2020, USDT…
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between…
XRP Tanks Compared To Crypto Counterparts Bitcoin And…
XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum.…
Binance Adds New Bitcoin Futures as Crypto Market…
Cryptocurrency exchange Binance has launched a new Bitcoin (BTC) futures product despite institutional investors showing fresh uncertainty about the future. In a blog post on June 11, Binance revealed its quarterly futures contracts had gone…
BTSE Exchange Offers Futures Contracts Tracking Tether Gold…
Bitcoin has has long been feted as a new form of money, a two-finger salute to the establishment, even as a digital equivalent to gold, but it’s not often prized for its stability. That could…
How Tether On Ethereum Is Rapidly Becoming The…
While all eyes are on Bitcoin, as the cryptocurrency community watches and waits for the asset’s next uptrend to begin, another crypto asset has gone parabolic – but not in price. The market cap and…
It Looks Like Some Stolen Bitfinex Coins Are…
Recently, some of the 120,000 Bitcoin (BTC) that were stolen from Bitfinex in 2016 started moving again. Here is what has been happening with this stash of coins valued at over $1 billion. 2016 Bitfinex…
Bloomberg: Only a Matter of Time Before Tether…
A report from Bloomberg that provides a crypto market outlook for June says that it expects Tether (USDT) to surpass Ethereum (ETH) in market capitalization. The report notes the growth of Tether’s market capitalization as…
Bloomberg: “Bitcoin will approach record high of about…
The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017, and may even go as high as $28,000. COVID-19 & Institutions helping Bitcoin The report suggests…
Hackers Move Another $800K in BTC Stolen From…
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000…
Tether Explains Why It Hasn’t Burned Any USDT
Tether (USDT) cites the popularity of its Ethereum (ETH)-based asset as the reason why the company has never burned a single token. The recent report from Flipside Crypto concluded that Tether is not in the…
Tether Continues Tear as its Daily Crypto Transactions…
Controversial crypto stablecoin Tether continues at full speed ahead as recent data shows its daily transactions are the highest they have ever been. A recent Reddit post shows Tether reached 208,107 daily transactions on May…
Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its…
Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors. Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCap As for Ripple (XRP),…
Bitcoin Worth $282K from the 2016 Bitfinex Hack…
The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to…
It’s Official: Tether Flippens XRP After Recent Crypto…
Things just keep getting worse for the crypto asset known as XRP. After an extremely poor performance over the last two years, the latest crash across crypto has caused the stablecoin Tether market cap to…
More Than $220M in Bitcoin Withdrawn from Crypto…
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics…
Tether USDT Surpasses XRP as the 3rd-Largest Cryptocurrency
Tether’s USDT has just surpassed XRP in market capitalization, becoming the third-biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion, it is now bigger than XRP, whose…
Tether USDT Surpasses XRP as the 3rd Largest…
Tether’s (USDT) has just surpassed XRP in market capitalization, becoming the third biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion it is now bigger than…
Tether Held on Exchanges Could Help Forecast Bitcoin…
A crypto data firm representative explained how Tether’s on chain data can potentially forecast Bitcoin’s (BTC) bull runs. Marketing and social media director at Santiment, Brian Quinlivan, told Cointelegraph on May 7 that the percentage…
As Tether Supply Hits Record Highs, It Moves…
Tether growth is hitting new all-time highs across multiple blockchains, but the first protocol to support Tether is being left behind. Omni Layer, built on Bitcoin, has suffered negative growth in Tether transactions for the last 12…
Gold Ownership Has Been Difficult, Until the Days…
Gold’s history as a symbol of value dwarfs that of any other artifact. Used as money in both ancient Greece and the Roman empire, gold was also the preferred method of payment for goods along…
Bitcoin Halving Theories: Whale Says Price Rise Is…
In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained…