Tether (USDT), the world’s largest stablecoin by market cap, could reach a valuation higher than Ethereum in 2021, the latest issue of Bloomberg’s Crypto Market Outlook suggested in a report earlier this month. The trend is buoyed by the institutional shift towards and the demand for stablecoins in the cryptocurrency sector. In addition, governments around […]
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading. On-chain analytics provider Glassnode has revealed that Tether transaction volume […]
https://preview.redd.it/l12dzrqdq0t51.jpg?width=1372&format=pjpg&auto=webp&s=bbc4a4d2b2b905a5bea9955ae46a12bf2e80c12c In line with the recent launch of USDT-Margined Polkadot (DOT) and EOS Perpetual Futures, KuCoin Futures is holding a trading promotion from 16:00 on October 14, 2020, to 24:00 on October 21, 2020 (UTC+8). Details: https://www.kucoin.com/news/en-trade-dot-eos-futures-win-prize submitted by /u/kucoin_official [link] [comments]
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume. Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other […]
Expect Bitcoin in the number one spot and Tether second by market capitalization before 2022. A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook report for Q4 2020 written […]
In an official announcement earlier today, popular exchange KuCoin revealed that it will be launching USDT-Margined Polkadot (DOT) and EOS (EOS) Perpetual Futures at 16:00:00 on 12 October 2020 (UTC+8 The post KuCoin announces USDT-Margined Polkadot, EOS Perpetual Futures appeared first on DoingCoin.
In their monthly crypto outlook report for October, Bloomberg researchers have concluded that before the end of 2021, Tether (USDT) will overtake Ethereum to become the second most valuable cryptocurrency by market capitalization. According to the newest Bloomberg report, there is currently a demand in the cryptocurrency markets for Bitcoin and stablecoins that mirror the […]