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Tether News

What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.

Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.

Top News

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

New court filings revealed that stablecoin issuer Tether had invested some of its reserves in bitcoin.

Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets

2019-05-21T20:25:00+01:00

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After a week of deep green and bullish price performance, crypto markets today are seeing a major correction.

Crypto Markets See Major Correction, BTC Below $7,350 as US Stock Futures Trade Lower

2019-05-17T12:00:00+01:00

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TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past 5 days.

Capital Outflows From Major Crypto Exchanges Exceeded Inflows by ~$622 Mln in Recent Days

2019-05-16T10:58:00+01:00

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The letter comes after a judge had noted that the scope of the OAG court order was too broad.

Tether, Bitfinex Request Lessening of Cash Use Restrictions Imposed by Injunction Order

2019-05-14T12:19:00+01:00

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Paolo Ardoino made fresh comments prior to an official announcement, with a public token purchase phase now unlikely to go ahead.

Bitfinex CTO Reinforces Rumors Exchange Has Raised $1 Billion in IEO

2019-05-13T10:49:00+01:00

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Bitfinex shareholder Zhao Dong has reportedly revealed that the exchange has allegedly sealed $1 billion in both hard and soft commitments.

Bitfinex Shareholder Says $1 Billion in Private Purchases Already Sealed for Upcoming IEO

2019-05-10T11:20:00+01:00

3969

Joseph Lubin, founder of blockchain tech company ConsenSys, said that the situation with cryptocurrency trading platform Bitfinex will not likely get better.

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

2019-05-09T21:57:00+01:00

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Bitcoin has broken above the $6,000 mark for the first time in almost six months, showing marked resilience.

Bitcoin Breaks $6,000, US Stock Index Futures See Lower Open

2019-05-09T11:50:00+01:00

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