How Tether’s Northern Data Investment Changes the AI Game in Crypto
đTether embraces the future with a key investment in Northern Data! đ€ AI meets #Crypto #TetherInvests #AIAdvancements #NorthernData #TechFusion
Tether
Tether Critics Seethe as Court Dismisses Class Action Lawsuit
The judge in charge of the #Tether and #Bitfinex class action #lawsuit dismissed the case with a 6-page decision handed on August 4.
Tether Excess Reserves Surge to $3.38B, Big Win For USDT
The CTO of #Tether shares his delight over the steady growth of the asset as seen in the attestation report of Q2 2023. #USDT #Stablecoin
Tether Sets All-Time High, Beats Market Cap of $83.2B
Tether (USDT) beats its previous market cap high of $83.2 billion set in May 2022. Sets new ATH.
Tether Fuels Crypto Momentum in Georgia with CityPay.io Investment
đTether’s taking a giant leap into Georgia’s thriving #crypto scene! đ Partnering with CityPay.io, they’re pushing boundaries and strengthening crypto adoption! Stay tuned to see the ripple effects of this game-changing move. đ„#TetherInGeorgia #CryptoNewsLand
Tether Announces Plans to Dedicate 15% of Profits to Bitcoin Purchases
đ Tether takes a bullish leap! The stablecoin issuer announces plans to invest up to 15% of its profits into Bitcoin. A significant boost for Bitcoin? #Bitcoin #Tether
Hereâs Why Bitcoin Could Crash to $18K Soon
The most recent crypto dump may not be the last for Bitcoin, as another wave of FUD may cause the market to plummet further soon.
Crypto Firm FTXâs Ownership of a U.S. Bank Raises Questions
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
Tether Scrutiny: Will It Be the Next LUNA and FTT?
The biggest stablecoin, Tether, has generated speculations since it hasn’t made its underlying paperwork available to the public.
Seamless Bitcoin Payment was Made Possible in Switzerland
With its cryptocurrency adoption, the Swiss city of Lugano aims to become the crypto capital of the whole of Europe.
New Data Shows USDC To Surpass USDT as Top Stablecoin
Report from Arcane Research shows stablecoin USDC to be the top soon. USDCâs growth rate increased by 70%, while USDT is down by 28.7%. The CEO of Blockstream criticized the report, saying looking at market cap only is âhighly misleading.â USDT (Tether) and USDC (USD Coin) are the two largest stablecoins right now. Both stablecoins have a combined share of over 80% of the total stablecoin supply in the market. Currently, Tether USDT is sitting at the top for it holds over 50% of the total stablecoin supply, followed by USDC which was nearly at 30%. However, a report from
Tether Being Shorted by Hedge Funds, CEO Speaks Up
Paolo Ardoino said hedge funds are shorting USDT with the hopes of recreating TerraUSDâs demise. He asserts USDT is 100% backed by the companyâs US dollar reserves. Leading US dollar-based stablecoins are still changing hands at $1 per piece. It appears the stablecoin crucible has still not ended with TerraUSD (UST), as Tether CEO Paolo Ardoino revealed that Tether USD (USDT) is now the next target of hedge funds. In the thread, Ardoino mentioned USDT/USD perpetual futures as one of the âtoolâ for the attack. Other strategies include short-selling of the borrowed USDT in the spot market, as well as
