Tether News

What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.  

Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.

Market Analysis
MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price on Nov. 3, but derivatives data also shows that pro traders are becoming more bullis...
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
Marcel Pechman
Altcoin Watch
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end.
Key data points suggest the crypto market’s short-term correction is over
Marcel Pechman
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight c...
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
Turner Wright
Altcoin Watch
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why.
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Marcel Pechman
Market Analysis
The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500.
3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
Marcel Pechman
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform.
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
Sam Bourgi
A new study by Protos claims that Tether flow is dominated by just two firms — Alameda Research and Cumberland.
Two firms account for the majority of Tether received: Report
Arnold Kirimi
The next generation of cryptocurrency trading looks beyond Bitcoin derivatives and into stablecoin margin and settlements.
BitMEX adds Tether for margin and settlement to provide cryptocurrency enthusiasts more diversified service offerings
Sarah Jansen

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