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Tether (USDT)

Tether is a cryptocurrency token claimed by its creators to be backed by one dollar for each token issued. This claim is widely doubted and Tether Limited has not issued a promised audit backing the claim. Subpoenas from the U.S. Commodity Futures Trading Commission were sent to Tether on December 6, 2017. A spokesperson for Bitfinex and Tether has said that the CEO of both firms is Jan Ludovicus van der Velde. Tether was issued on the Bitcoin blockchain through the Omni Layer Protocol. Tether claims that each unit of Tether is backed by one United States dollar held in reserve by Tether Limited, and may be redeemed through the Tether Platform. The primary objective is to facilitate transactions between cryptocurrency exchanges with a rate fixed to the United States dollar allowing traders to take advantage of high speed arbitrage opportunities without resorting to slow bank wires. As of February 2018, Tether is ranked around the 15th highest market cap cryptocurrency in the world, with a market cap around $2 billion United States dollars as of 5 February 2018

  • Ticker USDT
  • Price $1.00
  • Marketcap $2,812,235,639
  • RSI Daily 49
  • %Change(24hr) 0.06%
  • Volume(24hr) $3,125,780,390
  • Circulating Supply 2,806,421,736
  • RSI Hourly 51
 
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12 hours ago

New Study Argues Tether Wasn’t Used to Prop Up Bitcoin Price

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues…

13 hours ago

New Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking…

20 hours ago

Evidence That Tether Is Manipulating Bitcoin Is Nonexistent

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte It’s become a bit of a hot topic within the crypto-debate. Research carried out during the middle of 2018 suggested that…

22 hours ago

Tether Has No Significant Impact On Bitcoin Price, Study Reveals

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Speculations surrounding the supposed influence of Tether in inflating the price of Bitcoin might have been put to rest…

1 day ago

Study Finds “No Evidence” of USDT Price Manipulation

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Only $2.50Bitcoin Rare 1oz. 999 Pre Solid Gold Plated Coin Collectiablehttp://topchaneloutlet.info Markets and Prices A…

1 day ago

Study Finds “No Evidence” of USDT Price Manipulation

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Only $2.50Bitcoin Rare 1oz. 999 Pre Solid Gold Plated Coin Collectiablehttp://topchaneloutlet.info Markets and Prices A…

1 day ago

Study Finds “No Evidence” of USDT Price Manipulation

A study examining the popularly suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT…

1 day ago

Study Finds “No Evidence” of USDT Price Manipulation

A study examining the popularly suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT…

1 day ago

Analysis: Just How Stable Are Stable Coins

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte One month after regulators turned down a proposal for a cryptocurrency ETF by Cameron and Tyler Winklevoss, the owners…

1 day ago

University Researcher: Tether Has No Real Impact on Bitcoin price

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Contrary to the somewhat-popular idea that tether (USDT) issuance is used to manipulate crypto markets by boosting the…

2 days ago

Bitcoin Price Watch: Decisions Delayed and a New Reputation for Tether

A lot’s happening in the bitcoin space. For one thing, the Securities and Exchange Commission (SEC) has pushed their decision-making process regarding the VanEck SolidX bitcoin ETF to December.…

2 days ago

Tether Has No Real Impact on Bitcoin price: University Researcher

Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Contrary to the somewhat-popular idea that tether (USDT) issuance is used to manipulate crypto markets by boosting the…

2 days ago

Tether Has No Real Impact on Bitcoin price: University Researcher

Controversial USD-pegged cryptocurrency tether (USDT) has no real impact on the bitcoin price, a new paper from a University of Queensland researcher says.

 
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