Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
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Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).
The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
TON executive Harvey Kim told Cointelegraph that a new ride-hailing Telegram Mini App will accept Toncoin and USDT on TON.
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating.
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT.
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
