Category: Tether
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Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC
Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400.
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Tether tops Paypal and Bitcoin for average daily transfer value
Average daily transfer value for Tether exceeded that for Bitcoin in August.
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Bitcoin Macro Trend Unaffected by Chinese Investors’ $50B Tether Exodus
Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months.
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Tether Could Be Enabling Capital Flight From China, Says Chainalysis
The East Asia crypto market has reacted fast to news of Beijing’s national digital currency and regional economic tumult.
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Chainalysis: New Issuance of Tether Slows Down Bitcoin Price Growth
Almost an even split between fiat and USDT
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Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. Crypto Market Cap Crosses $365…
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‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B
The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies.