USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices

Quick Take The circulating supply of USDT Tether is swiftly moving towards the 90 billion mark, currently standing at 89. 6 billion. Over the last 30 days, there’s been an uptick of 4 billion in the circulating supply.

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Tether’s USDT supply up $4.5b in 30 days

USDT’s market cap climbed to new highs during November 2023 as tokens in the broader crypto ecosystem and defi recorded price sprints due to significant cash inflows.

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Stablecoin shake-up as Tether expands and USDC retreats

Quick Take The stablecoin landscape is witnessing a significant divergence as Tether (USDT) and USD Coin (USDC) continue on distinct trajectories. The circulating supply of USDT has recently crossed the 87 billion mark, highlighting its dominant market presence among the top five stablecoins.

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Tron remains the most sought-after network for USDT transfers

USDT's supply on Tron recorded growth of 21% year-to-date. Tron's overall stablecoin market cap was $49.85 billion at press time. In a significant development, USDT issuer Tether increased tThe post Tron remains the most sought-after network for USDT transfers appeared first on AMBCrypto.

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New growth in top stablecoin supply could signal a return of on-chain liquidity

Quick Take The recent data analysis illuminates an intriguing trend: a return to growth in the supply of the top five stablecoins – USDT, USDC, BUSD, TUSD, and DAI – after a period of contraction.

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Tether supply reaches unprecedented $84 billion amid ETF-driven Bitcoin rally

Tether’s (USDT) stablecoin supply has reached an unprecedented milestone, surpassing $84 billion for the first time. Data from CryptoSlate shows that USDT market capitalization has increased by around $1 billion during the last seven days amid the current market rally fueled by optimism surrounding the possibility of a Bitcoin (BTC) spot exchange-traded fund (ETF).

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Stablecoins' growing market cap is great for Bitcoin only if…

The purchasing power of the market rose as stablecoins' combined market cap spiked Bitcoin can gain from greater stablecoin whale supply The market cap of stablecoins including Tether [USDT]The post Stablecoins' growing market cap is great for Bitcoin only if… appeared first on AMBCrypto.

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Bitcoin's ETF rumor impacts USDT this way

USD transaction climbed over $5 billion as large wallets accumulated. Large wallet accumulation moved close to 25%, with the top 10 wallets holding a quarter of the supply. The false report The post Bitcoin's ETF rumor impacts USDT this way appeared first on AMBCrypto.

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Bitcoin's ETF rumor impacts USDT in this manner

USD transaction climbed over $5 billion as large wallets accumulated. Large wallet accumulation moved close to 25%, with the top 10 wallets holding a quarter of the supply. The false report The post Bitcoin's ETF rumor impacts USDT in this manner appeared first on AMBCrypto.

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Tether Continues To Flow Into Exchanges: Why This Is Bullish For Bitcoin

Tether (USDT) has continued to move into exchanges recently. Here’s why this can be a positive development for Bitcoin. Tether Supply On Exchanges Is Now Highest In 7 Months According to data from the on-chain analytics firm Santiment, $9.

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Alameda Research may have minted up to $40B of Tether’s USDT: Report

Bankrupt crypto firm Alameda Research is reportedly responsible for minting roughly $40 billion of Tether’s USDT, according to Coinbase director Conor Grogan. Per Grogan’s analysis, the troubled cryptocurrency trading company appears to be responsible for 47% of USDT’s circulating supply.

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Alameda Held 47% of Minted Tether Supply, Claims Coinbase Boss

Alameda was responsible for minting almost half the supply of USDT between 2014 and 2021, while it provided liquidity for FTX. The post Alameda Held 47% of Minted Tether Supply, Claims Coinbase Boss appeared first on BeInCrypto.

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Yesgo (YESGO) Announces Listing on XT.COM Amid debut on Nasdaq billboard in Times Square

XT. COM is elated to announce the addition of YESGO to its Main zone trading platform, as well as the availability of the YESGO/USDT trading pair and withdrawals. Regarding YESGO With a maximum supply of 9.

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MKR/USDT’s soaring potential: A buying opportunity at hand

MKR/USDT chart and technical analysis Maker tether is recovering from a months-long bearish trend and the market structure is turning bullish after the price made consecutive higher highs. Recently price retested the major daily supply area of $136,5 and currently, it is making a downward correction and preparing to jump to a new high.

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Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low

While Tether's USDT stablecoin has seen its supply increase to record levels, Circle's USDC has experienced a decline due to skepticism over its reserves, leading to a 37% drop in supply. The post Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low appeared first on BeInCrypto.

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USDT's marketcap reaches new all time high and this is why it's important

Tether increases USDT’s circulating supply to historic highs. USDT volumes are not quite there yet but positive address growth continues. Tether’s USDT has been the top stablecoin by marThe post USDT's marketcap reaches new all time high and this is why it's important appeared first on AMBCrypto.

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Will Bitcoin Rebound? This Metric May Be The One To Watch

The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the dolphins and sharks of the top stablecoins like Tether (USDT) and USD Coin (USDC) may be relevant for the price of Bitcoin.

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USDT issuer freezes Ethereum address with over $4.1m

Tether Holdings Limited, the Hong Kong-based company and the issuer of USDT, the world's largest stablecoin by circulating supply, has frozen an account holding over $4.1 million of the token on Ethereum.

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BTC and ETH selling pressure declines as data suggests looming accumulation 

On-chain data indicates that bitcoin (BTC) and ethereum (ETH) have observed negative exchange net flows in the past week, contrasting the positive net flow witnessed with tether (USDT).  Amid this trend, the bitcoin supply last active in the past ten…

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USDT Dominance Hits Highest Level Since May 2021, While USDC Slumps

Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67. 6% Now According to data from the on-chain analytics firm Glassnode, the relative supply dominance of USDT has continued to increase recently.

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Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin

On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain analytics firm Santiment, these large Tether holders are now carrying a total of $16 billion worth of the stablecoin.

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Traders turn to stablecoins as regulatory pressure in the US ramps up

Regulatory pressures in the U. S. crypto market are causing a significant shift in trading behaviors, with traders gravitating towards the safety of stablecoins. Tether's USDT supply may have reached an all-time high, but its trading volume tells a different story.

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USDT Market Cap At Record Highs, Crypto Bull Market Incoming?

As of June 1, there are $83. 23 billion of USDT in circulation, CoinMarketCap (CMC) data shows.   In the past, there has been a direct correlation between the circulating supply of Tether and rapid Bitcoin and crypto price expansions.

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Tether’s USDT sets new all-time high in spite of regulatory concerns

The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83. 2 billion, according to a June 1 statement from the stablecoin issuer. Data from DeFillama showed that around half of USDT’s circulating supply, 42.

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The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT

Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin space, with its supply growing significantly since the beginning of 2023.

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USDT’s total supply nears all-time high: will cryptos like Metacade rally higher?

Key takeaways USDT’s total market cap is close to its all-time high of $84. 1 billion. Tether’s recovery could see the broader crypto market embark on a rally again. Metacade could be one of the biggest winners thanks to the project’s huge potential.

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Does the divergence between USDT and USDC signify a winner in the stablecoin wars?

Quick Take USDT and USDC started roughly simultaneously, back in 2018, and grew in tandem with one another as the crypto market also grew, all the way through to 2022. In May 2022, USDC took a tumble to roughly $50 billion in circulating supply – total amount of all coins ever created/issued – while USDT […] The post Does the divergence between USDT and USDC signify a winner in the stablecoin wars? appeared first on CryptoSlate.

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As Tether's Q1 profit more than doubles, USDT scripts a winning story in 2023

About 85% of the company's reserves were held in cash, cash equivalents, and other short-term deposits. USDT's circulating supply increased by 24% on a year-to-date basis. Leading stablecoinThe post As Tether's Q1 profit more than doubles, USDT scripts a winning story in 2023 appeared first on AMBCrypto.

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Tether (USDT) Trades at a Premium Against US Dollar in April

Tether USDT's supply and dominance have returned to their highest level since Terra's UST collapse in May 2022. The post Tether (USDT) Trades at a Premium Against US Dollar in April appeared first on BeInCrypto.

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Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive run

Tron (TRX) stablecoin’s dominance has reached a record high of 33. 9% — primarily due to the rising supply of Tether USDT, according to data from DeFiLlama. The stablecoin market on the network is currently valued at $44.

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Tether USDT supply reaches $80B for 1st time in almost a year

Tether’s USDT supply crossed $80 billion for the first time in 11 months earlier today, nearing its all-time high of $83. 13 billion. In 2023, USDT’s supply increased by almost $14 billion in less than 100 days from the $66.

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Tether’s circulating supply reaches 10-month high of $74B

Tether’s USDT supply reached 74 billion for the first time since May 2022, according to CryptoSlate’s data. The post Tether’s circulating supply reaches 10-month high of $74B appeared first on CryptoSlate.

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Tether [USDT] exchange supply dwindles as whales...

Addresses with large USDT holdings are moving their assets off exchanges. Tether’s market cap dominated Circle, but earlier high sentiment has reduced. Over the weekend, stablecoins becameThe post Tether [USDT] exchange supply dwindles as whales... appeared first on AMBCrypto.

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Large USDT transfer between Tron and Ethereum results in...

Tether’s USDT swap from Tron to Ethereum may be part of a collaboration to boost liquidity. Tether noted that the large transfer will not lead to an increase in the supply of USDT in circulatThe post Large USDT transfer between Tron and Ethereum results in... appeared first on AMBCrypto.

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Tether (USDT) Market Cap Back Above $69 Billion Amid Binance FUD

Circulating supply of Tether (USDT), dominant USD-pegged stablecoin, surges to three-month highs

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Tether’s USDT Market Dominance Touches New High, BUSD Supply Drops $2B

Tether USDT market dominance rose to its highest level this January while Binance-backed BUSD supply shrunk roughly $2 billion. The post Tether’s USDT Market Dominance Touches New High, BUSD Supply Drops $2B appeared first on BeInCrypto.

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MATIC Seen Breaking Present Support With Sustained Momentum

MATIC has shown rapid accumulation or increase in the supply since the final days of November. More so, there was also an increased demand seen in the derivatives market which could be the outcome of positive Binance Funding Rate on the MATIC/USDT pair.

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USDC, USDT, BUSD supply outside of exchange spikes, but is this a good sign?

The outflow of stablecoins from exchanges has been on the rise in the wake of the FTX saga. Users appear to be taking custody of their assets, which might have a negative effect on exchanges ifThe post USDC, USDT, BUSD supply outside of exchange spikes, but is this a good sign? appeared first on AMBCrypto.

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USDT whales, sharks with increase in buying power have this to say

USDT's throne has been challenged over the years by USDC. Eight years after Tether issued its first USDT token, the company can claim to have seen it all from regulators' censures to reaching supply hThe post USDT whales, sharks with increase in buying power have this to say appeared first on AMBCrypto.

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USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets

Tether’s CTO Paolo Ardoino has identified an increase in USDTs market supply over the last 30 days compared to its rival USDC, which declined over the same period. The post USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets appeared first on CryptoSlate.

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Decoding what USDT's supply hike on exchanges could mean for investors

The global cryptocurrency market cap fell 2.7% to $1.09 trillion on 9 August evening as investors awaited key consumer price index data. Needless to say, major coins across the market fell as uncertaiThe post Decoding what USDT's supply hike on exchanges could mean for investors appeared first on AMBCrypto.

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USDT and USDC accumulation surge can point towards a...

The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic decrease since May 2022. In the July edition of its Global Cryptocurrencies and Digital Assets report, the Bank of AmThe post USDT and USDC accumulation surge can point towards a... appeared first on AMBCrypto.

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Tether remains unshaken despite $10 billion withdrawals in 2 weeks

Crypto traders withdrew around $10 billion from Tether USDT in the last two weeks as talks of increased regulatory scrutiny for stablecoins continue to grow.   CryptoSlate data shows that the circulating supply of USDT dropped to $73.

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USDC Increasingly Becoming Preferred Stablecoin Over USDT

Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT. USDC’s Supply Surged Up Recently, While USDT’s Plunged Down As per the latest weekly report from Glassnode, USDT has observed a large amount of redemptions recently, taking its supply down.

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Stablecoin Shakeup: USD Coin Overtakes Tether on Ethereum

The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekly report from Arcane Research, USDC has now become the largest stablecoin on the ETH chain, surpassing USDT.

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USDC flips Tether on the Ethereum network

The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.

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USDC supply surpasses USDT on Ethereum

The stablecoin market has seen explosive growth over the past years.

The post USDC supply surpasses USDT on Ethereum appeared first on CryptoSlate.

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USDC Supply on Ethereum Blockchain Overtakes that of USDT

USDC supply on the Ethereum blockchain has eclipsed that of the leading USD-pegged stablecoin USDT. USDC Continues to Gain Traction According to a recent report by The Block, the total supply of the USDC stablecoin on the Ethereum network has overtaken that of USDT for the first time.

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KuCoin lists IOTA

IOTA (MIOTA/USD) is now available on KuCoin, the exchange announced on their website. The trading pairs IOTA/USDT and IOTA/BTC are supported. Schedule Deposits Effective Immediately (Supported Network: Mainnet) Trading: 9:00 on December 30, 2021 (UTC) Withdrawals: 10:00 on December 31, 2021 (UTC) Details The total supply of IOTA tokens is just under 2.

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