Markten

Bitfinex Is Publishing Data for a Tether Market That Doesn't Exist

Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?

shutterstock_1194616366

Markten

Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1

Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet.

safe deposit box

Markten

The Delicate Psychology of Stablecoins

Replacing tether's role in the crypto markets will require an obsession with maintaining transparency and trust.

broken, light

Markten

Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars

In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.

safe dollars cash tether

Markten

World's Largest Crypto Exchange Binance Looks to Add New Stablecoins

Binance sees stablecoins like tether, and potentially the Gemini Dollar, as "critical for our ecosystem," the exchange's chief financial officer says.

binance

Markten

Gemini Stablecoin Volume Doubles on Top 10 Exchange Amid Tether Turmoil

The Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins' month-old stablecoin. Its volume surged when tether's peg broke.

Winklevosses

Markten

Winklevoss-Backed Stablecoin Soars Above $1 as Tether's Market Cap Plunges

The Gemini dollar has broken its peg, climbing to an all-time high of $1.19 on Tuesday.

usd

Markten

Binance Pauses Tether Withdrawals After Denying Delist Rumor

Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.

JGX_4020

Markten

Crypto Exchange OKEx Lists 4 New Stablecoins

Malta-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.

Grey82/Shutterstock

Markten

Price of 'Stable' Cryptocurrency Tether Tanks to 18-Month Low

The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.

traders, investors