Vendors at South Korea's Dongdaemun Market say there is no truth in reports claiming they are turning en masse to USDT payments. The post South Korea: Dongdaemun Market Vendors Deny ‘USDT Pay Adoption' Reports appeared first on Cryptonews.

With USDT already delisted in the EU, crypto investors face a critical decision: Should you switch to USDC? Here's everything you need to know about the differences, risks, and opportunities.

Renowned economist and Bitcoin critic Peter Schiff has come for the USDT issuer Tether. He accused the crypto firm of manipulation following its recent 7,629 BTC purchase.

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies.

As a new edition of "Tether FUD" gains steam, Paolo Ardoino, CEO of USDT issuer, recalls what Bitcoin and Tether opponents have in common. Meanwhile, the community is guessing who might be behind the rumors about USDT allegedly facing immediate delisting in Europe.

As MiCA sparks uncertainty in Europe, Tether has transferred 7,629 BTC to its reserves, boosting its total holdings to $7.8 billion.

Tether has transferred 7,629 Bitcoin (BTC), valued at approximately $700 million, to its strategic reserve account.

Tether, Inc. burned 2B USDT on TRON, while the net supply of USDT on all chains contracted by 1B tokens in the past day. USDT burns signaled outflows of liquidity from the market, as BTC briefly dipped under $93,000.

Tether's market cap shed $4B following Coinbase delisting of USDT as MiCA guidelines become effective.

Tether recently boosted its Bitcoin holdings by adding $780 million worth of BTC to its reserves.

Tether, the issuer of the world's most widely used stablecoin, has moved nearly $780 million worth of Bitcoin into its corporate reserve in its largest transaction since March. The post Tether Moves Bitcoin Worth $780M to Reserve in Largest Move Since March appeared first on Cryptonews.

Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March.

Ripple's RLUSD stablecoin surged 170% in trading volume amid regulatory uncertainty surrounding Tether (USDT). USDT's compliance challenges under MiCA regulations boosted RLUSD's adoption as a compliant alternative.

Tether has transferred 7,629 BTC, valued at approximately $700 million, to its Bitcoin reserve address. The transaction originated from Bitfinex's hot wallet on the morning of December 30.

Leading stablecoin issuer Tether has added an additional 7,629 bitcoin to its balance sheet after a nine-month hiatus from accumulating the flagship cryptocurrency. The firm's latest move brings its total holdings to 82,983 BTC worth around $7.68 billion.

The EU's MiCA regulation began taking effect on Monday, marking a significant shift in the region's approach to cryptocurrency oversight.

USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether's Bitcoin holdings to 82,983 BTC, worth approximately $7.68 billion as of press time.

Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million.

TL;DR Tether acquired 7,629 BTC, worth $705.25 million, increasing its total reserves to 82,983 BTC, valued at $7.68 billion. This purchase is part of the strategy announced in May 2023, which allocates 15% of its monthly profits to Bitcoin purchases. In addition to its Bitcoin reserves, it holds $100 billion in bonds and 48.

Tether has received a transfer of 7,600 Bitcoin, valued at $705.25 million, from its affiliated Bitfinex wallet. As MiCA regulations heighten concerns over USDTs market position, the stablecoin issuer faces a $2 billion market cap decline amid global FUD.

After 9-months of dormancy, Tether's Bitcoin reserves have received 7,629 BTC valued at $705.25 million from Bitfinex. According to Arkham monitoring data, Tether now holds 82,983 BTC worth $7.68 billion at current prices.

In a latest develoment, as per data from Arkham Intelligence, the stable coin issuer Tether, has sent 7,629 BTC worth approximately $700 million to its bitcoin reserve address from Bitfinex's hot wallet about an hour ago at 14:00 UTC. TETHER ADDS ANOTHER $700M BITCOIN TO RESERVESSOURCE: ARKHAM pic.twitter.

With 7,629 BTC worth $705.25 million, Tether Bitcoin reserves have been increased to 82,983 BTC, valued at $7.68 billion.

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.

USDT stablecoin issuer Tether Holdings Ltd is in the news again, but this time, regarding its Bitcoin strategic reserve holdings. According to ochain data from Arkham Intelligence, the USDT parent company just sent a total of 7,629 Bitcoin units to its reserve wallet.

The firm, which has been generating record profits, has been trying to diversify its holdings and reinvest in emerging sectors.

Tether FUD has been going crazy for weeks now, including Federal government investigations, Tether ban, and much more. However, new claims call it ‘False FUD,' which is affecting stablecoin for nothing.

Tether (USDT), the leading stablecoin in the cryptocurrency market, has experienced a dramatic reduction in its circulating supply, dropping by over $1.3 billion within ten days. This sharp contraction has generated concerns about the impact on Bitcoin liquidity and broader market dynamics, especially during a period marked by regulatory scrutiny and economic uncertainties.

Binance launches USDT perpetual contracts for the native tokens of dForce and Phala Network on Dec. 30. After the Binance Futures announcement, dForce surged by 26%.

Tether's USDT the largest stablecoin by market cap, is set to be delisted from EU exchanges starting today, creating a situation of fear, uncertainty, and doubt (FUD) in the crypto market.

Tether, the world's largest stablecoin, lost $2 billion from its market cap in December amidst the challenges posed by the European Union's new Markets in Crypto Assets (MiCA) regulation.

Stablecoin giant Tether adds 8,400 BTC to its reserves, now holding $7.8B in Bitcoin, surpassing its USDT holdings amid regulatory developments.

As Tether is set to announce record profits exceeding $10 billion for 2024, global banking giants are accelerating their positioning in the stablecoin market. From Société Générale to Deutsche Bank, traditional financial institutions are ramping up initiatives to not miss out on this crypto revolution.

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week.

Tether's $1.3B supply contraction in 10 days raises concerns about crypto liquidity and market dynamics.

Inspired by Tether's success, the world's banking giants are showing interest in stablecoins. As Bloomberg News reported Saturday (Dec. 28), some banks are already there, with Societe Generale – Forge (SG-Forge) opening its euro-backed stablecoin to retail investors earlier this year.

TRON has become a standout blockchain in the cryptocurrency space, recently hitting remarkable milestones in transaction fees and USDT (Tether) activity. As the blockchain ecosystem continues to expand, these key metrics are not only reflecting growing adoption but also highlighting the increasing involvement of institutional investors in TRON's ecosystem.

The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market.

Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.

Stablecoin issuer Tether has made a novel venture capital fund investment into an Arcanum Capital fund dedicated to supporting decentralized technologies.

As MiCA regulations impact stablecoins in the EU, questions arise about USDT's compliance and potential market effects. The post Tether grapples with new FUD as MiCA regulations take effect on Dec. 30 appeared first on Crypto Briefing.

Missing compliance deadlines, USDT raises concerns about liquidity and transaction costs. Criticism of USDT rises over audit practices and halted coin minting.

At a time when Donald Trump promised to make America the crypto head, Europe followed a different path with the Tether Ban. Tether (USDT) is the biggest stablecoin, and it is considered ideal for crypto transactions due to its value being pegged to the dollar.

While the EU's cryptocurrency regulations are poised to take full effect in just a few days, there's still significant uncertainty about Tether's USDt stablecoin. Recently, crypto exchange Coinbase delisted Tether's USDT in mid-December citing compliance with the EU's MiCA regulations.

While MiCA's implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA's total 36-month timeline.

As became known thanks to a report from Whale Alert, almost half a billion dollars worth of USDT stablecoin has just been transferred to the world's largest exchange, Binance. Such transfers are important, as in the common sense of crypto market participants they are seen as an act of a large cryptocurrency whale shifting free "crypto cash" to the major exchange to buy assets.

Tether, the world's largest stablecoin issuer, is looking to diversify its operations and broaden its influence in Web3 technology. The company has made a $2 million injection into Arcanum Capital's Emerging Technologies Fund II, signaling its commitment to advancing Web3 projects.