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Bitcoin climbs 6% to $66K, breaking past the 200-day moving average and triggering $235M in liquidations. The post Bitcoin rises 6% while whales send massive USDT inflows to Binance appeared first on Crypto Briefing.
Stablecoins like USDT have become a key financial tool in Latin America that helps citizens navigate persistent economic volatility, according to Chainalysis’ global adoption report. The region, which accounts for 9.1% of global crypto value received, experienced substantial growth this year, driven…
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent Thr…
Tether's USDT could soon be delisted by Coinbase as MiCA regulation goes into full effect.
Coinbase will begin delisting non-compliant stablecoins that do not match new MiCA rules, including USDT, and complete the…
An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market
This week brought turmoil and development across the crypto space. A $42 million hack at BingX rattled the market, raising questions about security vulnerabilities in major exchanges. Meanwhile, Hamster Kombat’s controversial airdrop sparked outrage after millions of players were disqualified from r…
Tether’s USDT stablecoin now controls more than 75% of the stablecoin market, marking a substantial increase from 55% in 2022, according to data released on Sept. 16. The growth reflects the increasing demand for USDT as a trusted intermediary between fiat currencies and digital assets. With a circu…
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible property in legal disputes. UK Court Recognizes USD…
Toncoin (TON) is currently on the upside with the token experiencing a nearly 20% uptick since last week, gaining the attention of investors and traders as developments continue to rack up some hype. Although the market retraced by a percent in the 24 hours, this has led to the altcoin market recove…
Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to spearhead its global engagement efforts with lawmakers, regulators, and key stakeholders. Strengthening govern…
Consumer advocacy group Consumers’ Research has released a report accusing Tether, the issuer of the USDT stablecoin, of being opaque and not conducting a full audit of its dollar reserves. Teather is accused of being non-transparent (again) Consumers’ Research analysts…