PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why
On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector...
A 50% Increase in Tether Supply Points to Another Bitcoin Rally: Analyst
Bitcoin should brace for another upside move as a large Tether supply waits to enter its market, according to TradingShot. The independent market analysis firm said that the USDT...
Bitcoin Analyst Reveals What’s Holding Price Above $10K: Its China
Bitcoin has shown an extreme resilience against bears that want to crash its spot rate below $10,000. And an on-chain analyst explains why. Forex professional Cole Garner issued a...
Evolve Markets Adds Tether (USDT) Deposit and Account Support To Meet Growing Demand
Just two months after Evolve Market’s new lightweight Evolve Webtrader platform debut the company is responding to customer demands/requests by introducing Tether (USDT) stable coin...
SimpleFX Is Giving Away up to 2000 USDT Cashback This Summer
Different sectors are trying to recover from the damages brought by the coronavirus crises. Most major markets are down, while a few others fare better. It is a crucial time for margin...
Bitcoin Can Attract Large Capital Inflows on Short Notice: Research
Bitcoin is at the cusp of attracting large capital inflows from the neighboring stablecoin market, according to a weekly research note published by Glassnode. The on-chain market...
Jarvis Labs Says The Tether Milkshake is Pushing Crypto Higher
Tether is borrowing from the US Federal Reserve’s playbook. The chapter topic they are borrowing is on Quantitative Easing (QE). The timing is probably no coincidence, as central...
As Ethereum Embraces Tether’s USDT, ETH’s Value is Threatened
Over the past few weeks, Ethereum has been subject to a trend few expected: stablecoins — cryptocurrencies tied to the value of a “stable” asset external to the industry...
This Unexpected Factor Presents a Long-Term Risk to Ethereum’s Value: Analyst
Over the past few weeks, Ethereum has been benefiting from a surprising trend: stablecoins, which have recently passed $9 billion in aggregate value. Although some of these stablecoins...
$120 Million in Tether Was Just Minted, and That’s Big for Bitcoin
While the size of Bitcoin’s community has been shrinking over the past few months, one part of the crypto industry has been consistently growing: the market capitalization of...
$1 Billion of USDT Is Sitting on Binance, and That’s Big for Crypto
Over the past few months, Tether’s USDT stablecoin has become increasingly important to the crypto market; the asset’s market capitalization has swelled as it has surged in...
Tether Mints $180M New USDT For ‘Inventory Replenishment’
Over the past two days Tether has created USD $180 million of its USDT stablecoin for a so-called “inventory replenishment.” Such a step could add further dynamics to an already...