USDT

  • Tether Issues 1 Billion USDTs on Wavefield Network

    On March 14, according to Whale Alert data, Tether, the stable currency issuer, issued 1 billion additional USDTs on the wavefield network at 22:29:27 on March 14, Beijing time. Tether issued 1 billion additional USDTs in the wave field network Analysis based on this information:Tether, the stable currency issuer, has issued 1 billion additional USDTs on the Wavefield network, according to Whale Alert data. USDT is a stablecoin that is pegged to the US dollar, and it is used in the crypto market as a means of trading and exchanging cryptocurrencies without the volatility of traditional cryptocurrencies. The issuance of 1 billion USDTs on the Wavefield network is a massive move by Tether, indicating that the demand for USDT is still high in the crypto market. This issuance comes after Tether issued 300 million USDTs on Ethereum last week, and another 300 million USDTs on Tron. The Wavefield network is a blockchain platform that is designed to enable secure, high-speed,…

    Metaverse Insights 03/14/2023
    105
  • Taiwanese prosecutor announces first-ever USDT cryptocurrency auction

    On March 14, it was reported that the Hualien District Procuratorate of Taiwan, China announced in a press release yesterday that the auction of virtual currency USDT would be held for the first time in April, totaling 26150. The object of the auction is the criminal proceeds seized by the prosecution when investigating a defendant surnamed Zhou who was involved in the case of money laundering prevention law. It is understood that the USDT to be auctioned is currently stored in the cold wallet kept by the Hualien Branch of the Hualien County Police Station. Taiwan Hualien District Attorney’s Office will auction 26150 USDTs for the first time in April Analysis based on this information:The Hualien District Procuratorate of Taiwan recently made an announcement that shocked the cryptocurrency industry worldwide: they are auctioning off virtual currency USDT for the first time ever. The virtual currency has a total value of over 26,000 US dollars and was seized as criminal proceeds…

    03/14/2023
    118
  • Justin Sun Adds Liquidity to Binance through USDT Transfer

    On March 13, according to Lookonchain data, the address marked as Justin Sun cast 400 million USDTs in the past two hours, and transferred 250 million USDTs to Binance in total Justin Sun has transferred 250 million USDTs to Binance in the past two hours Analysis based on this information:According to Lookonchain data, Justin Sun, the founder of Tron, cast 400 million USDTs in the past two hours. He also transferred a total of 250 million USDTs to Binance, making the exchange’s USDT balance soar to 1,629,888,752. The transfer is significant because it adds a substantial amount of liquidity to Binance, one of the largest cryptocurrency exchanges in the world. The move could also indicate that Sun plans to leverage the exchange’s liquidity to strengthen Tron’s position in the market. USDT, or Tether, is a stablecoin tied to the US dollar, which means the value of 1 USDT is equivalent to 1 USD. Stablecoins are designed to help stabilize the…

    03/13/2023
    104
  • Tether USDT reaches new highs

    According to the report, according to the data of Coingecko, the short-term premium of the US dollar stable currency Tether (USDT) has risen to US $1.02, and the current market value has also risen to US $74.227 billion, a new high since May 2022. USDT has a short-term premium, which has now risen to $1.02 Analysis based on this information:The cryptocurrency market is currently experiencing a surge in the value of the US dollar stablecoin, Tether (USDT). According to a report based on the data provided by Coingecko, Tether’s short-term premium has reached US $1.02, which is a remarkable hike in comparison to its previous value. Additionally, the report reveals that the current market value of the Tether stablecoin has risen to US $74.227 billion, marking a new high since May 2022. This observation highlights the increasing demand for stablecoins in the cryptocurrency market, as investors seek stable digital assets of value. Tether, often referred to as a stablecoin, is…

    03/13/2023
    111
  • Aave DAO Freezes Multiple Stablecoins to Mitigate Risks in the Agreement

    According to the report, the loan agreement Aave said that in view of the current fluctuations around the stable currency, the Aave DAO has frozen USDC, USDT, …

    03/12/2023
    133
  • Big Move: Sun Yuchen Receives 99,900,099 USDT from Tether Treasury

    According to reports, WhaleAlert data showed that 99900099 USDTs (US $100279720) were transferred from Tether Treasury to the address marked as Sun Yuchen. 99900099 USDTs were transferred from Tether Treasury to the address marked Sun Yuchen Analysis based on this information:The world of cryptocurrency has been abuzz lately with news of a massive transfer from Tether Treasury to the address associated with Sun Yuchen. According to WhaleAlert data, a whopping 99900099 USDTs, equivalent to over 100 million dollars, was transferred to the address in question. This news has raised many questions among crypto enthusiasts and analysts worldwide, including the reason behind the transfer and what it means for the cryptocurrency market. Let’s take a closer look at what we know so far about this intriguing development. Firstly, who is Sun Yuchen? He is a Chinese entrepreneur and the founder of the blockchain platform Tron, which has been making headlines lately with its moves to acquire BitTorrent and create a decentralized…

    03/12/2023
    129
  • Bitfinex transfers 50 million USDT to Tether Treasury

    It is reported that according to WhaleAlert data monitoring, 50 million USDTs (about USD 50457500) were transferred from Bitfinex to Tether Treasury.

    5…

    03/12/2023
    122
  • Bitfenex transfers USDTs worth $60 million to Kraken

    It is reported that according to Whale Alert data monitoring, nearly 60 million USDTs (about US $60337497) have been transferred from Bitfenex to Kraken.
    <…

    03/11/2023
    106
  • Large Transfer of USDT to Bitlinex Signals Potential Market Movement

    According to the report, the data on the chain showed that at 17:42 on March 11, 2023, Beijing time, 60000000 USDT was transferred from the unknown wallet to B…

    03/11/2023
    103
  • Capital Rates Surge for USDC-USDT Perpetual Contracts on Bybit

    On March 11, according to Coinglas data, the capital rate of USDC-USDT perpetual contract transaction on the Bybit platform has risen to 0.3567%.

    Bybit…

    03/11/2023
    133
  • Large Deposit of stETH and ETH Enables a USDT-USDC Arbitrage Opportunity on Aave

    On March 11, according to Lookonchain data, czsamsun.eth deposited stETH and ETH with a value of $129 million in Aave and lent USDT to buy USDCs. At present, t…

    03/11/2023
    114
  • FRAX, the algorithmic stable currency anchored at US $0.95, according to Chainlink data

    It is reported that FRAX, the algorithmic stable currency, was anchored to around US $0.95. The transaction ratio of FRAX and USDT on Curve is about 0.947. Cha…

    03/11/2023
    110
  • The Decline of USDT in the Stable Currency Exchange Agreement Curve

    On March 11, it was reported that the proportion of USDT in the 3-pool of the stable currency exchange agreement Curve fell to 1.9%, leaving only 8.3 million, …

    03/11/2023
    108
  • Coinbase Wallet Integrates Optimism: A Gamechanger for Ethereum Layer 2 Scaling Solutions

    It is reported that Optimism, the Ethereum L2 network, announced on social media that the Coinbase Wallet has now integrated Optimism. The Coinbase Wallet will…

    03/10/2023
    138
  • USDT Market Value Continues to Rise, Reaching $718 Billion.

    According to the report, according to the data of Coinsecko, the current total market value of the stable currency is about 136.5 billion US dollars, of which …

    03/07/2023
    154
  • Whale Alert Report Reveals Significant USDT Transfer to Bitlinex

    According to the report, Whale Alert data showed that 62000000 USDT was transferred from unknown wallet to Bitlinex.

    62000000 USDT transferred from unk…

    03/05/2023
    133
  • Tether Treasury Sends Half a Billion USDT to Binance

    It is reported that 499999990 USDTs (US $500274241) were transferred from the Tether treasury to Binance.

    Nearly 500 million USDTs were transferred fro…

    03/04/2023
    104
  • Investors Turn to Stable Currencies After Cryptofriendly Bank Crisis

    On March 3, it was reported that after the crisis of Silvergate Capital Corp, a cryptofriendly bank, investors were supporting the circulation of stable curren…

    03/03/2023
    121
  • Decrease in Stable Currency Supply and Trading Volume

    According to the report, according to the data of The Block Research, the supply of stable currency issued in February further contracted to US $128.4 billion,…

    03/03/2023
    133
  • The Growing Use of Stablecoins in Venezuela Despite Economic Challenges

    It is reported that according to the data of Chainalisis, although Venezuela and other countries use stable currencies linked to the US dollar (such as USDT) m…

    02/28/2023
    145