|Day's range||0.811 - 0.82|
|52-week range||0.7167 - 0.8858|
|Volume (24 hrs)||27.67B|
|Volume (24 hrs) all currencies||27.67B|
Around $212 billion worth of money was transferred or settled via Tether (USDT) stablecoin in 2019, according to research conducted by The Block’s John Dantoni.The post Tether stablecoin settled $212 billion worth of value in 2019 appeared first on The Block.
The total stablecoin supply hit an all-time high of $10.4 billion on Tuesday, crossing the $10 billion mark for the first time.The post Total stablecoin supply surpasses $10B, growing more than 70% since February appeared first on The Block.
The aggregate market capitalization of Ethereum-based stablecoins has increased by 95.38% year-to-date to $6.25 billion, according to research conducted by The Block’s Matteo Leibowitz.The post Ethereum-based stablecoins' market capitalization has nearly doubled year-to-date to $6.25B appeared first on The Block.
Stablecoins have seen significant growth in transaction volumes since the beginning of 2020.The post Stablecoins saw record transaction volumes of over $90 billion in 2020's first quarter appeared first on The Block.
Crypto exchange Bitfinex is set to further delist 87 trading pairs due to low levels of liquidity.The post Bitfinex to further delist 87 trading pairs amid low liquidity appeared first on The Block.
Fiat-to-crypto onramps provider Simplex has said that retail investors “bought the dip” during last week’s bitcoin crash of over 50%.The post Retail investors ‘bought the dip’ during last week’s bitcoin crash, says Simplex appeared first on The Block.
DeFi lending protocol Aave has added support for the USDT stablecoin.The post Tether's USDT token is now listed on the DeFi lending protocol Aave appeared first on The Block.
Stablecoins issuer Tether had added a compliance tool from blockchain analysis firm Chainalysis to track suspicious transactions in “real-time.”The post Tether adds compliance tool from Chainalysis to track suspicious transactions appeared first on The Block.
Crypto exchange Binance’s peer-to-peer (P2P) trading platform has added support for Russian rubles (RUB). It allows users to buy and sell bitcoin (BTC), ether (ETH), Tether stablecoin (USDT) and Binance’s native coin (BNB) directly with rubles.The post Binance’s P2P trading platform adds support for Russian rubles appeared first on The Block.
The XRP/USD swap contract is going live on February 5 at 4:00 UTC, BitMEX announced on Twitter. The product was first revealed in January. The post BitMEX to launch XRP perpetual swap tomorrow, with up to 50x leverage appeared first on The Block.
Adult entertainment website Pornhub has added Tether (USDT) stablecoin to its payment options. Announcing the news on Wednesday, Pornhub said it is using the TRONLink wallet for USDT transactions. The new payment option comes two months after PayPal abruptly cut off its service to Pornhub in November. “Since PayPal’s decision to stop payouts to thousands […]The post Pornhub adds Tether to its payment options via TRON wallet appeared first on The Block.
Bitbox, the cryptocurrency exchange by Japanese messaging giant LINE, is delisting XRP. Announcing the news on Monday, Singapore-based Bitbox said it is also delisting XRP pairs tied against bitcoin (BTC), ether (ETH) and Tether (USDT). The delisting takes place on Jan. 16. Accordingly, users will no longer be able to trade and deposit XRP, and […]The post Messaging giant LINE’s crypto exchange Bitbox delisting XRP appeared first on The Block.
Binance Futures, the cryptocurrency exchange’s futures trading platform, has rolled out a perpetual contract for the XRP cryptocurrency. The contract, paired against Tether (USDT), offers leverage of up to 75 times, according to an announcement Monday. The XRP/USDT contract appears to be the first such contract from a notable exchange. Currently, little-known Delta and BaseFEX […]The post Binance Futures launches XRP perpetual contract, with up to 75x leverage appeared first on The Block.
Cryptocurrency exchange Huobi Global is launching a fiat-currency gateway for its Indonesian subsidiary, Huobi Indonesia, the firm announced Friday. Huobi Indonesia's service will use the Indonesian Rupiah (IDR) and Tether (USDT) pair. With the new fiat gateway, Indonesian users can deposit Rupiah through Huobi Indonesia and exchange it to USDT to trade the more than […]The post Huobi launches fiat-to-crypto gateway in Indonesia appeared first on The Block.
The New York Attorney General (NYAG) recently filed a strongly worded brief to the Supreme Court of the State of New York, arguing in detail why it has authority to investigate Bitfinex and calling their appeal arguments “backward,” “forfeited,” and “meritless.” Previously, Bitfinex has attempted two failed court appeals to halt the investigation.The post NYAG continues pushing for its case against Bitfinex, calling its argument “forfeited and meritless” appeared first on The Block.
Bitfinex is pushing for mainstream adoption of the Lightning Network. The cryptocurrency exchange announced in an email on Monday that it will support Lightning Network deposits and withdrawals starting Dec.The post Bitfinex to support deposits and withdrawals on Lightning Network appeared first on The Block.
Bitfinex has plans to offer options as soon as Q1 2020, according to Paolo Ardoino, CTO of Bitfinex and Tether. Ardoino told The Scoop that compliant perpetual swaps and basket futures are on the way.The post Bitfinex to launch options and gold-backed stablecoin appeared first on The Block.
Tether has issued an official response to an updated paper republished early this week by two U.S. academics who claimed a single market whale on Bitfinex likely manipulated bitcoin's surge in 2017.The post Tether responds to academic paper on bitcoin manipulation; calls it 'flawed' and 'embarrassing' appeared first on The Block.
A single market whale on cryptocurrency exchange Bitfinex likely manipulated bitcoin’s historic surge of over 2,000% in 2017, according to two U.S.The post A single whale on Bitfinex likely manipulated bitcoin’s historic surge in 2017, academics say appeared first on The Block.
Cryptocurrency exchange Binance’s futures trading platform, Binance Futures, has just increased leverage up to 125 times from 20 times earlier. Announcing the news on Friday, Binance said traders can now select any leverage from 1x to 125x for its bitcoin (BTC)/ tether (USDT) futures contracts.The post Binance increases leverage up to 125x for its futures trading platform appeared first on The Block.
Cryptocurrency exchange Huobi Global will soon allow residents of Turkey to buy cryptocurrencies with their local fiat currency, the Turkish lira.The post Huobi launching fiat-to-crypto gateway in Turkey later this year appeared first on The Block.
Cryptocurrency exchange Bitfinex has just launched a new loyalty program, claiming to offer users an opportunity to earn “unlimited” commissions.The program, dubbed “Bitfinex Affiliate Program,” is a tiered commission structure, which allows participants to refer their social network and earn a commission up to 3 degrees of connection, according to a press release shared with The Block on Thursday. The post Bitfinex launches a loyalty program, offering users to earn ‘unlimited’ commissions appeared first on The Block.