
Whales Dominate Tether (USDT) Inflows on Binance
Recent data reveals that large institutional investors (“whales”) account for the majority of Tether (USDT) deposits on Binance, signaling potential upcoming market moves.
Recent data reveals that large institutional investors (“whales”) account for the majority of Tether (USDT) deposits on Binance, signaling potential upcoming market moves.
Tether (USDT) has experienced an unusual price surge above its $1 peg, sparking market speculation. Analysts examine the potential causes including increased demand, market volatility, and liquidity dynamics.
Binance has discontinued spot trading pairs with Tether’s USDT and other non-MiCA-compliant tokens for European Economic Area users to comply with new regulatory requirements, though custody services and perpetual contract trading remain available.
Tether’s treasury has minted an additional 1 billion USDT, a move that often precedes significant market activity. This issuance could indicate upcoming liquidity injections or increased trading demand in the cryptocurrency market.
Coinbase has set an ambitious goal to challenge Tether’s dominance by targeting its $86 billion market cap, aiming to expand its stablecoin offerings and market share. This article explores Coinbase’s strategy and its potential impact on the stablecoin landscape.
Tether has launched USDT on Bitcoin’s Lightning Network, enabling instant, low-cost transactions. This integration enhances the utility of stablecoins and marks a major step forward in scalable blockchain technology.
Crypto.com announces the delisting of Tether (USDT) for European Union customers by January 31, following new compliance measures with the MiCA regulations. This strategic move comes after receiving a license to operate within EU jurisdictions.
In Rajasthan, India, law enforcement has uncovered a network of cybercriminals using Tether (USDT) for laundering money abroad, leading to multiple arrests and the seizure of communication devices used in these operations. This incident raises concerns about the misuse of cryptocurrencies in illegal activities.
Tether announces its plan to establish its headquarters in El Salvador, a significant move aimed at tapping into emerging markets and solidifying El Salvador’s position as a leading crypto hub.
In a groundbreaking move, Tether has minted a staggering 19 billion USDT within a single month, sparking debates over market liquidity and transparency concerns. This action underscores its pivotal role in the cryptocurrency ecosystem but also raises questions on oversight and stability.