Tether

  • Tether Records $700 Million Net Profit in Q1 2023 and Denies Contact with Silvergate, SVB, and SignatureBank

    On April 5th, Tether reiterated in an official post that the company had not been in contact with Silvergate, SVB, and SignatureBank, while expressing its dissatisfaction with Bloo

    04/05/2023
    122
  • Hungary’s Crypto Market from 12:00-21:00: The Impact of FTX, Tether, and Uniswap

    12:00-21:00 Keywords: Hungary, FTX, Tether, Uniswap
    Overview of important developments on the evening of March 31
    As the world becomes more digitized, the crypto market continues t

    03/31/2023
    123
  • #Cryptocurrency Investors Explore Alternative Stablecoins Amid USDC Outflow

    It is reported that cryptocurrency investors are fleeing Circle\’s US dollar token (USDC) stable currency, with many turning to Tether, whose market share has reached a 22-month hig

    03/30/2023
    136
  • The downfall of Stable Currencies Continues with USDT Rising

    On March 29, according to a stable currency report released by CryptoCompare, as of March 20, 2023, the total market value of stable currencies fell 1.34% to $133 billion, the lowe

    03/29/2023
    125
  • Coinbase Encourages Development of Stable Currencies on Its New Blockchain

    According to reports, Coinbase, the US cryptocurrency exchange, encourages developers working on its new blockchain to focus on creating stable currencies that resist inflation. Co

    03/27/2023
    163
  • Tether founds 1 billion USDTs on Ethereum

    According to reports, according to Whale Alert data, the stable coin issuer Tether minted 1 billion USDTs on Ethereum at 01:59:59 today. Interpretation of this information: The stablecoin issuer Tether has reportedly minted 1 billion USDT on the Ethereum blockchain, according to data from Whale Alert. This event occurred at exactly 01:59:59 today, highlighting the rapid growth of stablecoins and the increasing use of Ethereum in the cryptocurrency space. Stablecoins are digital tokens designed to maintain a stable value, often pegged to fiat currencies like the U.S. dollar. They provide…

    03/25/2023
    139
  • Overview:

    According to reports, according to WhaleAlert monitoring data, 11529 ETHs (approximately $20142508) were transferred from Bitfinex to unknown wallets.
    11529 ETHs transferred from B

    03/25/2023
    117
  • The Transfer of USD $700M From Tether Treasury to Bitfinex: What Does it Mean?

    According to reports, according to Whale Alert monitoring data, 700000000 USD (approximately US $70042000) has been transferred from Tether Treasury to Bitfinex.
    70 million USDTs t

    03/25/2023
    501
  • Overview of important developments in the evening of March 24th

    12:00-21:00 Key words: Nasdaq, EU, Tether, El Salvador Interpretation of this information: The message appears to be a news update focused on four different topics. It starts by mentioning the time period from 12:00-21:00, which could indicate the hours during which the events discussed are taking place or being reported on. The first keyword mentioned is Nasdaq, which is likely referring to the Nasdaq stock exchange. It is not immediately clear what the relevance of the Nasdaq is in this context, as no further information is provided. The second keyword…

    03/24/2023
    124
  • Tether CTO: Tether’s profit for this quarter is approximately $700 million, and its excess reserves will reach $1.66 billion

    On March 24th, Tether’s Chief Technology Officer, Paolo Ardoino, said that Tether would achieve a profit of $700 million in the first quarter of 2023, bringing its excess reserves (the portion of reserves that exceeds the amount of USDT issued) to $1.66 billion. Paolo Ardoino said this was the first time that USDT’s excess reserve funds exceeded $1 billion. Interpretation of this information: The message from Tether’s Chief Technology Officer, Paolo Ardoino, on March 24th reveals the company’s projected profits for the first quarter of 2023, which are estimated to…

    03/24/2023
    126
  • This week, Tether has cast 3 billion USDTs in the wave field

    On March 24th, according to data, the stable currency issuer Tether minted 1 billion USDTs on the wave field at 06:04:03 today, and this week it has minted 3 billion USDTs on the wave field. Interpretation of this information: The issuance of a large amount of Tether (USDT) on the Wave Field has raised suspicions regarding its legitimacy. Tether is a stablecoin backed by the US Dollar, which is used as a medium of exchange in the digital currency market as a means to minimize the effect of price volatility….

    03/24/2023
    128
  • Tether supports payment using Bitcoin, Tether, and LVGA at Guess retail stores in Lugano

    On March 22, Tether announced a partnership with clothing brand Guess to officially introduce Bitcoin, Tether, and LVGA payments to retail stores in Lugano. The Guess store will adopt a POS system based on Bitcoin Lightning Network technology, allowing customers to purchase new collections of clothing and accessories using three cryptocurrencies, and will provide 10% cash returns to customers in LVGA. Interpretation of this information: The recent announcement that Tether has partnered with clothing brand Guess to introduce Bitcoin, Tether, and LVGA payments to retail stores in Lugano signifies a…

    03/22/2023
    131
  • Data: Tether has cast another 1 billion USDTs today, and has cast 5 billion USDTs within 7 days

    According to reports, according to Lookonchain monitoring, Tether has just cast another 1 billion USDTs on Tron, and in the past 7 days, Tether has cast 5 billion USDTs on Tron and Ethereum. Interpretation of this information: The cryptocurrency market is constantly evolving, and one of the most exciting developments in recent years has been the rise of stablecoins such as Tether. Tether is a stablecoin that is pegged to the value of the US dollar, providing a stable and reliable way of transacting in the cryptocurrency market. According to…

    03/21/2023
    124
  • Data: In the past week, Tether has cast 2 billion USDTs in the wave field

    On March 21st, the data showed that in the past week, Tether had accumulated 2 billion USDTs on the wave field chain, and also accumulated 2 billion USDTs on Ethereum. Interpretation of this information: The recent data shows that Tether, a stable coin, has added a massive amount of USDTs to two of its major blockchain networks in the past week. The company reportedly accumulated 2 billion USDTs on both the Wave Field chain and Ethereum, which signifies the growing demand and adoption of Tether among users and investors. Tether…

    03/21/2023
    125
  • Lookonchain: Tether has sent 162 million USDTs to Binance

    According to reports, according to Lookonchain data, Tether cast 1 billion USDTs in the wave field network an hour ago, and then sent 162 million USDTs to Binance, while 28.6 million USDTs were sent to Kraken. Interpretation of this information: The recent reports suggest that Tether has cast 1 billion USDTs in the wave field network and later, 162 million USDTs were sent to Binance, while 28.6 million USDTs went to Kraken. This news has stirred up a lot of discussions in the crypto market, and many are interpreting it…

    03/20/2023
    120
  • Data: 80 million USDTs transferred from Tether Treasury to Coin An Exchange

    On March 17th, according to Whale Alert monitoring data, 800000000 USD (approximately US $80071999) was transferred from Tether Treasury to Coin On Exchange. Interpretation of this information: The message states that on March 17th, there was a transfer of 800 million USD from Tether Treasury to Coin On Exchange. This transfer is significant for several reasons. Firstly, Tether is a stablecoin that is pegged to the value of the US dollar. This means that for every Tether token issued, there is a corresponding US dollar held in reserve by Tether…

    03/17/2023
    149
  • Glassnode: The first time in Bitcoin history that a transaction cycle occurs below the 200 week moving average

    According to reports, according to data disclosed by blockchain analysis company Glassnode, recently, the price of Bitcoin hovered between several popular and widely observed technical analysis pricing models. After hitting the resistance of the 200 week and 365 day moving averages (about 25.0k) in February, the price hit the 200 day and 111 day moving averages (about 19800) this week and then rebounded. This is the first cycle in history for BTC to trade below the 200 week average, From this perspective, the market is in a new area. In…

    03/17/2023
    130
  • Tether issues 1 billion additional USDTs on the Ethereum network

    According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Ethereum network at 2:35:59 Beijing time on March 17. Tether Chief Technology Officer Paolo Ardoino added that this is an authorized but not issued transaction on the Ethereum network, which means that this additional issue will be used for the next release request and on-chain interaction. Interpretation of this information: The latest data from Whale Alert reveals that Tether, a stable currency issuer, issued 1 billion additional USDTs on the…

    03/17/2023
    125
  • Data: About 68 million USDTs transferred from Tether Treasury to Coin An

    According to reports, Whale Alert monitoring data shows that at 21:20:35 Beijing time, 67988011 USDTs were sent from the Tether treasury to the currency security. Interpretation of this information: The message is reporting on a recent transaction from the Tether treasury to the cryptocurrency exchange, Currency Security. Specifically, at 9:20 pm Beijing time, a total of 67,988,011 USD Tethers (USDTs) were sent from the Tether treasury to Currency Security. Tether is one of the most widely used stablecoins in the cryptocurrency market. Stablecoins are a type of cryptocurrency that are…

    03/15/2023
    165
  • Tether issued 1 billion additional USDTs on Ethereum

    On March 14, according to Whale Alert data, the stable currency issuer Tether issued an additional 1 billion USDTs on the Ethereum network at 22:36:11 on March 14, Beijing time. Interpretation of this information: The announcement that Tether issued an additional 1 billion USDTs on the Ethereum network on March 14 has caused a stir in the crypto community. Tether is a stablecoin issuer that aims to maintain its value at a 1:1 ratio against the US dollar. This means that for every USDT issued by Tether, there should be…

    03/14/2023
    141