Tether

Ethereum is flat at press time, moving inside a narrow $400 range with caps at $2,300 on the lower end and $2,800 as the upper limit. Even though investors are upbeat, expecting prices to soar in the coming sessions, uncertainty continues to engulf the market. Ethereum Finds Support At $2,300: Over 52 Million ETH Bought The second world’s most valuable coin is bearish, dumping by over 50% from July highs and unable to break the local resistance at $3,500. As…

The stagnation of the Bitcoin price despite the first rate cut by the US Federal Reserve since 2020 has perplexed many investors and traders within the market. In a new post on X, Andrew Kang, CEO of Mechanism Capital addressed the disproportionate emphasis that market participants have placed on Federal Reserve rate cuts and economic stimulus in China. Why Is Bitcoin Stagnating? Kang challenges the prevalent market belief that interest rate cuts by the Federal Reserve will significantly boost Bitcoin…

Dubai, UAE, October 7th, 2024, Chainwire On October 22-23, the Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event to share industry insights on the eve of Bull Run 2025. Participants will hear from leading voices in the blockchain space, who will share market analysis on market trends and potential future developments. Confirmed figures include: CEO Tether - Paolo Ardoino Co-Founder Animoca Brands - Yat Siu CEO Ledger -…

In contrast to popular bullish sentiments, Bitcoin began October on a bearish note, recording a price decline of over 7% in the first three days of the month. However, while the BTC market experienced an uptick on Friday as data from the US Labor Department indicated incoming rate cuts, investors have generally retained a cautionary approach. Bitcoin Fear And Greed Index Touches 37 As Investors Become Uncertain In a Quicktake post on CryptoQuant, an analyst with username maartunn shared that…

Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social media platform X, popular crypto analyst Inmortal revealed Bitcoin is still on its way to creating a new all-time high very soon. The only thing…

Meme coin PEPE has been on an impressive rally for some time now. Stemming from a broader influx of funds into the meme coin sector and the overall cryptocurrency market that has been in motion for the past two weeks, PEPE is currently up by 38% in the last seven days, outperforming its meme coin counterparts with larger market caps. Interestingly, this impressive price action has seen PEPE breaking out of a downtrend pattern that has lasted for the past…

10xResearch analysts who had correctly predicted the Bitcoin price run-up to a new all-time high earlier in the year have turned bullish once again. In a recent report by 10xResearch Head of Research, Markus Thielen, the analysts point out a number of factors that have seen the BTC price turn bullish. Just like before, this is a development that could lead to a run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of…

An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new post on X, analyst James Van Straten has discussed about the BTC price performance from the cycle low chart for the last couple of cycles. As its name suggests, this chart captures the price trend between successive cyclical lows. For the latest cycle,…

Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of money into the crypto industry in the past week, with over $1 billion going into stablecoins. Naturally, most of this inflow has gone into Tether (USDT), pushing its market cap closer to an unprecedented $120 billion. Tether (USDT) Leads The Stablecoin Market…

Dubai, UAE, September 18th, 2024, Chainwire VIKITA, a memecoin operating on the SunPump platform, has been listed on the Poloniex exchange, available for trading against USDT (Tether). Built on the TRON blockchain, VIKITA benefits from fast, low-cost transactions, providing users with an efficient trading experience. SunPump, the platform hosting VIKITA, specializes in supporting memecoins, allowing users to create, buy, and sell tokens without the need for initial liquidity. This structure aims to simplify access to token creation and trading for…

Feeling overwhelmed by cryptocurrency investing in 2024? You're not alone. With over 2.4 million cryptocurrencies now available, it's enough to make anyone's head spin. I remember how confusing it all seemed when I first started out. But don't worry - I'm here to help guide you through the crypto landscape. In this article, I'll share my personal experiences and research to help you start your crypto journey. We'll cover the basics, talk about the risks involved, and walk through the…

The much-anticipated launch of the token for the popular Telegram project Catizen (CATI) will take place on September 20. Spot trading of CATI on OKX will begin on September 20 at 10:00 UTC, according to the official announcement from the exchange platform. Here’s what you need to know about the Catizen token launch ahead of its listing. Catizen on OKX and Other Exchanges CATI deposits became available on September 9. On the listing day, a call auction will take place…

Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by 40% within the last quarter to stand at $11.6 billion. Well, despite this slump, the ecosystem is still sound as AVAX still has a market cap of $4.5 billion — that’s a 157% surge…

Cardano (ADA) and TRON (TRX) investors are continuously turning their attention to a groundbreaking Ethereum-based project. Despite the many positive developments and constant growth in the Cardano and TRON network, most investors seek alternative investments to increase their profits. The new project is rapidly gaining traction because of its innovative features, lucrative presale opportunities, and massive growth potential. Here, we discuss why ADA and TRX investors are flocking to the new crypto gem! Cardano Sees $6 Billion Whale Activity Fueling…

The past 24 hours have been very lively as we witness several attention-grabbing activities in the cryptocurrency space. Solana’s whale purchases and Shiba Inu’s unusual transactions are making headlines. Also, Investors across the world are even more impressed with Rexas Finance’s equally astonishing Stage 1 presale that was completed in less than 96 hours. The said tokenization platform for real-world assets (RWA) has somehow taken the limelight away from well-known mid-cap altcoins like Solana (SOL) and Shiba Inu (SHIB). Solana…

The post Tether, Tron, and TRM Labs Unite to Combat Criminal USDT Activity with New Task Force appeared first on Coinpedia Fintech News Tron, Tether and the blockchain intelligence firm, TRM Labs, appears in the T3 Financial Crime Unit (T3 FCU) that aims to address an increased rate of criminal activities associated with the USDT in the TRON ecosystem.  The task force will target criminal use of the USDT, Tether for scams, frauds and blackmail schemes that have embraced the…

The stablecoin market has achieved a remarkable milestone, reaching a total market capitalization of $170 billion. This figure has not been observed since the collapse of TerraUSD (UST) in May 2022. According to data from DeFiLlama, this marks a 42.86% increase from the $119.1 billion market capitalization in November 2023. Analyst Explains How Rising Stablecoin Supply is Bullish For Bitcoin Driving this resurgence are the top three USD-pegged stablecoins – Tether (USDT), with a market cap of $118.43 billion; USD…

The post Toncoin Bull Run Continues as Price Hits $5.11, Analysts Eye $6 appeared first on Coinpedia Fintech News In the past 24 hours, Toncoin (TON) surged over 8%, trading around $5.11 during the early New York session on Monday. As a large-cap altcoin with a fully diluted valuation of approximately $26.3 billion and an average daily trading volume of $393 million, TON is showing signs of a potential reversal pattern. Read on for more information. TON Price Analysis From…

The post Best 5 Platforms for Staking Ethereum 2.0  appeared first on Coinpedia Fintech News Staking Ethereum 2.0 has become a new trendy way to earn rewarding Passive Income for crypto investors while simultaneously increasing the security of Ethereum. At the same time, your profit and convenience may noticeably depend on which platform you stake your ETH. Further, this article will review the best platforms for Ethereum 2.0 staking and will focus on StakingBonus as mentioned below. 1. StakingBonus.com 2.…

The post Tether Buys Stake in Latin American Agri Firm Adecoagro appeared first on Coinpedia Fintech News Tether on the front foot again! Tether, the USDT stablecoin issuer, has acquired a 9.8% stake in Adecoagro, a leading Latin American agricultural firm, for $100 million. As per the data, Adecoagro, valued at over $1 billion, operates across Argentina, Brazil, and Uruguay, producing milk, sugar, and ethanol. This investment marks Tether’s first venture into agriculture as the company diversifies its portfolio, following…

If you are in the hunt for a site for fast withdrawals with no ID verification, the no KYC casinos are the option for you. These casinos offer a seamless and private gaming experience, allowing you to jump straight into the action without the hassle of tedious verification processes. Our top pick is TG. Casino, known for its outstanding features and lightning-fast withdrawals.  But don't just stop there—discover all the other excellent options in our curated list of the best…

When it comes to online gaming, Ethereum casinos like TG Casino are rapidly becoming the go-to choice for players seeking speed, security, and a wide range of gaming options. As Ethereum's popularity soars, more online casinos are adopting this powerful cryptocurrency, offering unique advantages that traditional payment methods can't match. In this article, we’ll explore the best Ethereum casinos available today, including TG Casino, and highlight what makes them stand out in the ever-evolving world of online gambling. Top 10…

Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has experienced a challenging week, further compounded by a broader market downturn and the recent arrest of Telegram CEO Pavel Durov. Currently trading at $4.62, Toncoin is below a critical support level that analysts believe is essential for a price recovery. Toncoin Faces Critical Support Challenge  In a recent social media post on X (formerly Twitter), crypto analyst Ali Martinez has highlighted the urgency for Toncoin to reclaim the $4.70…

If we take a look at the evolution of online gambling in recent years, there is a clear tendency: New crypto casinos are constantly appearing, and every time more often. Cryptocurrency transactions offer a lot of benefits in comparison to traditional transactions, and this is something that players value. We gathered a list of the best crypto casinos USA so you can have a clear understanding of their features and benefits. Additionally, we will explore some important facts and characteristics…