Tether continues to deny Bitcoin price manipulation, despite data suggesting otherwise

2019-8-21 20:00

Tether plays a very crucial role in providing liquidity to the crypto-market and despite several other stablecoins being available, it is certainly the king with over 90% market dominance in the stablecoin market.

However, Tether has been marred in controversies recently, be it their claims about USDT supply being 100% backed by the US dollar […]

The post Tether continues to deny Bitcoin price manipulation, despite data suggesting otherwise appeared first on AMBCrypto.

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Tether (USDT) на Currencies.ru

$ 0.9993 (-0.02%)
Объем 24H $63.939b
Изменеия 24h: 0.04 %, 7d: -0.02 %
Cегодня L: $0.9986 - H: $0.9997
Капитализация $111.88b Rank 3
Цена в час новости $ 0.9974 (0.19%)

tether despite being market otherwise continues suggesting

tether despite → Результатов: 73


Tether tops the list on institutional usage despite ongoing backing irregularities

No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […] The post Tether tops the list on institutional usage despite ongoing backing irregularities appeared first on AMBCrypto.

2019-6-23 16:30


Binance CEO Swats ‘Stupid’ Bitcoin SV Craig Wright’s Shocking Slavery and Prostitution Claims

  By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution.

2019-5-31 14:30


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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


Measuring the Rising Institutional Investment in Bitcoin (BTC) Despite Alleged Bitfinex-Tether Scandal

The past month has seen the cryptocurrency market boost in value as Bitcoin and other altcoins grew by double digits over the course of the month. However, the glory seemed short lived when the news on Bitfinex and Tether broke out as the prices halted the majestic rise seen hours before. The markets have since […]

2019-5-16 01:04


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million.

2019-5-1 19:30


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


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Tether (USDT) Dominates Stablecoin Market Despite Treasury Size Shrinking

Recently, CryptoCompare, the global cryptocurrency market data provider published a study offering institutional and retail investors insights into the cryptocurrency exchange industry. One of the observations made by the study is that Tether (USDT) continues to represent the majority of Bitcoin trading into fiat or stable coins at 65% of the total monthly volume in […]

2019-1-20 01:55


Tether Stablecoin (USDT) Inserts Itself into Top 5 Coin Market Cap Despite the Crypto Winter

Tether seems to be slowly gaining on other cryptocurrencies in the top five list, despite its continually falling market capitalization trends. Though the market is still in ruins following the recent crash in price of major assets, the digital cryptocurrency buyers of the world have invariably turned their attention to stablecoins as a viable way […]

2018-12-11 20:31