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USDT stablecoin issuer Tether has failed to secure a court order to block its former bitcoin mining partner, Swan Bitcoin, from pursuing a lawsuit in California, the Financial Times reported. The UK High Court dismissed Tether’s request for an injunction, marking another twist in the deteriorating r…
Tether’s competitors are working to push the world’s largest stablecoin issuer out of the crypto market, according to the company’s CEO, Paolo Ardoino.Tether, the issuer of the world’s largest stablecoin, USDt , has a market capitalization of more than $142 billion — over twice as large as Circle’s …
Wait, what is Bitcoin again? Bitcoin is the first cryptocurrency — this is, essentially, money that allows people to send and receive payments directly to each other without relying on banks or governments. Created in 2009 by an unknown person or group using the name Satoshi Nakamoto, Bitcoin intr…
Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low.A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network Activity Index, which measures the growth across major metrics like active addresses, …
Bitcoin reached $99,500 on Feb. 21, its highest level in two weeks, but failed to maintain the bullish momentum. This move can be partly attributed to a lack of enthusiasm in Bitcoin's derivatives markets. Traders have been reluctant to open bullish positions since the rejection at $102,000 on Feb.…
Ripple has been one of the large-cap coins experiencing a significant loss in value over the last couple of weeks.However, the market outlook still remains bullish for the mid-term.By Edris Derakhshi (TradingRage)The USDT Paired ChartOn the USDT pair, the asset has recently broken below a large risi…
The world’s largest stablecoin issuer, Tether, is venturing deeper into artificial intelligence with a number of AI applications in development, according to the firm’s chief executive.Tether’s AI division, Tether Data, is developing a number of AI apps, such as AI Translate, AI Voice Assistant, and…
Mahe, Seychelles , Feb. 05, 2025 (GLOBE NEWSWIRE) — BitMart, a leading global cryptocurrency exchange, is excited to announce the launch of its new Credit/Debit Card Buy Crypto feature. This new service allows users worldwide to purchase cryptocurrencies directly using fiat currencies such as USD,…
The delisting of Litentry (LIT) from Bitget could negatively impact its price as it means reduced market access and liquidity for traders. On February 10, deposits, withdrawals, and LIT/USDT trading pair will be halted, leading to uncertainty. However, the rebranding to Heima (HEI) might stabilize i…
Data shows the stablecoins USDT and USDC have been seeing capital inflows recently, something that could turn out to be bullish for Bitcoin.Top 2 Stablecoins Have Seen Their Market Caps Grow RecentlyIn a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the…
The supply of stablecoins on Solana jumped by 112% in January to a record high of $11.1 billion, CCData (a subsidiary of CoinDesk) said in a research report on Friday.The surge coincided with the launch of Donald Trump's memecoin $TRUMP, which caused a wave of inflows to the network, according to th…
Tether's profits for 2024 surpassed $13 billion, according to a fourth-quarter and year-end attestation published Friday that was reviewed by the independent accounting firm BDO. The firm's CEO Paolo Ardoino noted that Tether generated $6 billion in profit for Q4.Tether also saw its direct and indir…