TETHER
Rank: 9Price: $1.00Volume(24h): $2,734,575,311Market capital: $2,400,996,399Available supply: 2,407,140,346Total supply: 3,080,109,502Percent change (1h): -0.27Percent change (24h): -0.29Percent change (7d): -0.57Crypto Gazette:
Tether gets printed when people deposit USD and get USDT back. This USDT will then be used to buy crypto. This is similar to someone depositing $250MM to exchanges. Of course, that ... mean they will buy right away. DYOR. FOMO Bot. ... EconoTimes:
With the addition of Tether, users can now trade between a US dollar pegged stable coin and other cryptocurrencies by utilizing the integrated ShapeShift exchange functionality. All without leaving Edge or having to create an account with an exchange ... Wall Street Journal:
Tether, whose main selling point is its tie to the U.S. dollar, has grown dramatically over the past year—its daily trading volume of around $3 billion trails only ... $5 billion. Tether has also become a “crypto bank” for cryptocurrency ... CryptoGlobe:
The fiat-backed stablecoin Tether plays an increasingly important (and controversial) role in crypto trading. Some even have called it "the central bank of crypto trading." Before we go any further, it is important to note that although many people ... Cointelegraph:
Tether market cap 1 month chart. Source: Coinmarketcap. Tether is now in second place after Bitcoin (BTC) in terms of highest daily trading volumes, seeing $4.2 billion in trades a day or 28.16 percent of all crypto trades, while ... average 24 ... Coindoo (press release) (blog):
Many have speculated that the introduction of USDT liquidity at certain moments has led to the manipulation of crypto market prices. Aside from manipulation allegations, the Tether company has been accused of not having the necessary funds to back all ... Cryptovest:
Trading was vastly affected by USDT, where volumes went above the equivalent of $3.5 billion, or nearly 25% of all crypto market volumes. USDT is second only to BTC, which makes up more than 34% of crypto volumes. Compared to those numbers, altcoins ... Name | Price (usd) | Change 1h (%) | Change 24h (%) |
Bitcoin | 6,365.78 | 0.53 | 1.12 |
Ethereum | 292.60 | 1.66 | 3.65 |
XRP | 0.30 | 1.16 | 5.22 |
Bitcoin Cash | 524.75 | 1.43 | 2.45 |
EOS | 4.62 | 2.24 | -0.17 |
Stellar | 0.22 | 0.82 | 1.01 |
Litecoin | 55.99 | 1.26 | 1.88 |
Cardano | 0.10 | 1.97 | 2.76 |
Tether | 1.00 | -0.27 | -0.29 |
Monero | 92.01 | 1.18 | 2.84 |
Steem | 0.91 | 3.27 | 6.76 |
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