Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?
As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.
Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.
In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.
Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
Bitfinex says early Friday it repaid fully of the loan to Tether.
Buying in these stablecoins may foretell where the crypto market is going.
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.