Tether Swaps Position with EOS and BCH to Become the 4th Most Valued Cryptocurrency

2019-1-29 14:48

Since the past week, it has been a season of overtaking between major cryptocurrency coins and tokens. “Survival of the fittest” is the theme that is most likely to suit this narrative, as cryptocurrencies have continued to knock out the nearest perceived rival to reclaim its spot.

This is the current case of Tether USDT which is now the 4th largest cryptocurrency by market capitalization. With gains of 0.10% at press time. More interestingly, USDT happens to be the only token amongst the top ten to be raking in gains while the majority struggles with losses ranging from 2 to 7%.

Meanwhile, the situation of things between now and the last 24hrs has changed massively as USDT was still trading at the 6th spot below EOS and BCH which is currently dwindling in value by 3.32% and 1.5% respectively.

Despite the fact that USDT’s trading price of $1.01 neither made an upswing or took a downswing, it was clear that the token had built enough momentum to take down at least one of the nearest opponents when its market capitalization moved from $2.03 billion to settle at $2.04 billion against that of EOS and BCH which is currently an estimated $2.03 billion and $1.95 billion.

However, considering that these prices are not far away from that of the USDT, and seeing that both tokens have only lost a handful in value, it is highly possible that the USDT’s new position may be taken away from it any time soon. With every slight opportunity birthed from a rally in trading volume, both EOS and BCH may reclaim their spot within the next 24hrs.

On the other hand, BnB which was reported earlier this week to have skyrocketed in market capitalization, which had landed it at least a spot higher than its previous position has slowly yet skillfully managed to maintain its new position. Meanwhile, Tron Trx, unable to maintain stability has returned to its previous spot behind Litecion LTC.

The post Tether Swaps Position with EOS and BCH to Become the 4th Most Valued Cryptocurrency appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0026672 (-100%)

cryptocurrency tether most 4th valued eos position

Источник: zycrypto.com

cryptocurrency tether → Результатов: 126


Фото:

Regulators Investigate Last Year’s Record Highs for Bitcoin, Did Tether Prop up the Market?

Bitcoin started the week on a bad note as prices slumped in the BCH hard fork aftermath. According to a new report in Bloomberg, the problems for the coin could just be getting started. The US Justice Department is reportedly looking into the coin’s 1300% rally last year that sent prices to $20,000 and investigating if the […] Regulators Investigate Last Year’s Record Highs for Bitcoin, Did Tether Prop up the Market? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-21 16:29


Cryptocurrency Researchers Diar Expand Data Platform to Cover ETH and Stablecoins

One of the cryptocurrency industry’s leading research groups, Diar, has announced that it will be expanding its coverage of the digital asset space going forward. Amongst the additional areas focused upon in future editions will be the Ethereum ecosystem, along with the ever-expanding list of stablecoins such as Tether and the Gemini Dollar.

2018-11-14 04:00


Monero (XMR) topples Tether (USDT), BAT falls further by 6%

Something interesting has been going on in the cryptocurrency market in the last 24hrs. Monero (XMR) as of yesterday was the world’s tenth largest cryptocurrency token, in a twist of events in a 24hr time period, the token has not only squashed its opponent Tether (USDT) to become the ninth largest cryptocurrency bay a large […] The post Monero (XMR) topples Tether (USDT), BAT falls further by 6% appeared first on ZyCrypto.

2018-11-12 13:32


Newsflash: Gate.io exchange targeted with crypto stealing malware, MetaMask rolls out a privacy mode while Stablecoins not named Tether on a rise

MetaMask rolls out a privacy mode, achieves important milestones MetaMask, the popular Ethereum and ERC-20 wallet which also allows customers to interact with Ethereum dapps, launched some new features recently that will look to improve their users’ overall experience and perhaps enable a wider adoption for cryptocurrency.

2018-11-9 13:31


Bitcoin, Ethereum, XRP, Stellar, Tron | Price Analysis; A Game of Triangles

Besides from a Tether caused price spike, the cryptocurrency markets have been relatively stagnant during the month of October 2018. The total market cap of the entire industry is currently valued at around $209 billion, at the time of writing, falling a small $16 billion from the market cap peak of $225 billion seen in […] The post Bitcoin, Ethereum, XRP, Stellar, Tron | Price Analysis; A Game of Triangles appeared first on ZyCrypto.

2018-10-29 01:08


Фото:

Cryptocurrency traders are shifting from stablecoins to Bitcoin

The second half of 2018 has seen Dollar-pegged cryptocurrencies (stablecoins) flood the market, but recent data suggests that Bitcoin might become the one true stablecoin. The latest report from blockchain research group Diar shows while Tether still accounts for an overwhelming majority of the total stablecoin volume, cryptocurrency traders are actually starting to exchange with Bitcoin directly, rather than use new, regulated alternatives.

2018-10-24 13:51


Фото:

Binance, Poloniex, Huobi All Own More Tether Than Bitfinex

Cryptocurrency exchange Bitfinex now controls a “very small amount” of stablecoin Tether (USDT), new data shows following a shake-up of ownership. Bitfinex Sixth-Largest USDT Holder Produced by Element Group and uploaded to Twitter by CNBC commentator Ran Neuner October 18, statistics depicting the biggest USDT holders reveal Bitfinex, which shares a CEO with Tether’s issuer, now only ranks sixth on the list.

2018-10-19 21:00


Фото:

Decentralizing the Dollar: Crypto-Collateralized Stablecoins

Decentralizing The Dollar is a three-part series on stablecoins, each addressing one of the three key methods postulated for tying a stable cryptocurrency to a fiat currency. In Part One, we examined how TrueUSD might rectify the flaws in Tether; in Part Two we looked at Kowala, and algorithmic stablecoins; and in Part Three we’ll […] The post Decentralizing the Dollar: Crypto-Collateralized Stablecoins appeared first on Crypto Briefing.

2018-10-19 21:48


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Kraken may delist USDT in EU to comply with MiCA

Kraken is reviewing its support for Tether's USDT in the EU as new MiCA regulations approach and impact stablecoin operations. The post Kraken may delist USDT in EU to comply with MiCA appeared first on Crypto Briefing.

В Китае ликвидировали подпольный криптовалютный банк с оборотом $1,9 млрд

Представители муниципального бюро безопасности города Чэнду в провинции Сычуань на юго-западе КНР объявили о прекращении деятельности нелегального криптовалютного банка. Организация оказывала, уверяют власти, финансовые услуги группам контрабандистов и лицам, желающим вывести свои деньги через криптовалюты в другие юрисдикции.

Взлом FixedFloat и кража на сотни тысяч долларов

1 апреля 2024 года сервис FixedFloat* подвергся взлому. По информации из новостных источников, было похищено как минимум $2. 8 млн в криптовалюте. *FixedFloat — это DEX сервис, предназначенный для обмена криптовалют и токенов, запущенный в 2018 году.