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Search Results for: Tether

BlackRock’s Bitcoin ETF Inflows Paused for 4 Consecutive Days

The crypto community is becoming more worried as inflows to BlackRock’s spot Bitcoin ETF have paused for many days in a row, marking the first such occurrence since the fund’s introduction. In the US, the iShares Bitcoin Trust (IBIT) of BlackRock, which is the fastest-growing spot Bitcoin ETF, has not

May 1, 2024 1 min read

BlockDAG Spearheads Top Crypto Investments With 30,000x ROI for 2024, Outshining Major Players Like BTC, ETH, and BNB

In the crypto landscape of 2024, BlockDAG emerges as the premier investment choice among the top 10 cryptocurrencies, surpassing established giants like Bitcoin, Ethereum, and Binance Coin. This is attributed to its groundbreaking technology and substantial $30 presale success, drawing significant investor interest while luring in investors with 30,000x ROI.

April 27, 2024 3 mins read

Visa Launches Onchain Analytics Dashboard for Monitoring Stablecoins

As a result of all the recent buzz around stablecoins, Visa’s crypto division has released a new platform called the Visa Onchain Analytics Dashboard. It was after seeing a line chart made by well-known crypto enthusiast Nic Carter that Cuy Sheffield, Head of Crypto at Visa, decided to develop the

April 25, 2024 1 min read

TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees 

 TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week. Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049

April 25, 2024 3 mins read

Stablecoin Supply Skyrockets: Reaches $165 Billion, Highest in 2 Years

Due to rising competition caused by the issuance of new tokens, the total quantity of stablecoins linked to the US dollar seems to be heading back up towards its previous all-time high. The Block Data Dashboard reports that the total supply of USD-pegged stablecoins reached $165 billion at the end

April 23, 2024 1 min read

Ramp Network Facilitates USDt on TON Transactions for Global Users

Ramp Network, a financial technology firm creating payment rails that link cryptocurrencies to the international financial system, announced that it has made it possible to buy and sell USDt on Tether’s TON stablecoin. The network boosts Tether’s use case with native USDt on TON by facilitating a seamless, borderless experience for P2P

April 19, 2024 2 mins read

U.S. Senators Crack Down on Stablecoins, Introduces Legislation

Legislation outlining a legal framework for payment stablecoins has been introduced by US Senators Kirsten Gillibrand and Cynthia Lummis. The Lummis-Gillibrand Payment Stablecoin Act, which the two senators announced on April 17, had been in the works for some months and was scheduled to be unveiled in 2024. Prohibiting “unbacked,

April 18, 2024 2 mins read

Ripple Eyes Stablecoin Market, Plans to Launch USD-Backed Stablecoin

In an effort to gain market share in the next five years, Ripple, the issuer of XRP, has revealed intentions to establish a stablecoin backed by the US dollar. The goal is to compete with Tether and Circle. Preceding the release, which details plans for the stablecoin initially issued on

April 5, 2024 1 min read

U.S DOJ Charges Kucoin and Co-Founders for AML Violations

The U.S DOJ have filed charges against Kucoin Exchange and its co-founders Chun Gan and Ke Tang, alleging that they broke many laws in their pursuit of building a dominant trading platform in the emerging cryptocurrency market. United States Attorney for the Southern District of New York Damian Williams and

March 27, 2024 1 min read