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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

Tether has issued 250 million new allegedly USD-backed tokens, following recent research into its possible use for Bitcoin price manipulation.

Controversial Tether Releases $250 Mln in USDT, Twitter Awaits Bitcoin Price Jump

Molly Jane Zuckerman

2018-06-25T17:57:00+01:00

40146

Crypto exchange Huobi’s top ten cryptocurrency index will now be listed on financial data monitoring service Bloomberg Terminal, along with nine other crypto tr...

Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi

Molly Jane Zuckerman

2018-06-21T18:09:00+01:00

18111

A law firm founded by a former FBI director has confirmed, not in an official audit, that Tether has enough dollar reserves to back its USDT.

Tether Has Enough USD to Back Tokens, Says Law Firm in Unofficial Statement

Molly Jane Zuckerman

2018-06-20T17:55:00+01:00

18894

Analysts weigh in on the controversies surrounding possible Bitcoin price manipulation connected with Tether and the Bitcoin futures markets.

‘Toxic’ Suspected Manipulation Sees Bitcoin Futures Sink 55% in 2018

2018-06-15T12:54:00+01:00

33018

The Coinbase Index Fund is now open to U.S.-based accredited investors for investments between $250k and $20 mln.

US: Coinbase Index Fund Opens for Investments between $250k and $20 mln

Molly Jane Zuckerman

2018-06-14T12:37:00+01:00

21071

New research has added to claims Tether manipulated Bitcoin prices around December 2017.

Research: Tether, Bitfinex ‘Manipulation’ Reason Behind 2017 Bitcoin Price Highs

2018-06-13T15:35:00+01:00

46770

All but two of the top 100 cryptocurrencies by market cap have fallen over the 24-hour period, with total market cap down to $274 bln as of press time.

Bearish Crypto Markets See BTC Falling Below $6,500, ETH Down Under $500

2018-06-13T14:45:00+01:00

31410

A Freedom of Information Act request for information on the reported subpoenas sent to Bitfinex and Tether last year has been denied.

US Regulator Rejects FOIA Request Concerning Bitfinex, Tether Subpoenas

Molly Jane Zuckerman

2018-06-06T19:40:00+01:00

17788