If you need to reboot, update, or reconfigure your home router while at the office or on vacation, TP-Link Cloud Service makes it easy. The game appears to be: print tethers, release these to the large tether-based exchanges, use the tethers to buy bitcoins or to fuel margin bets on bitcoins, move the bitcoins to Coinbase, sell them for dollars. This is a sign that demand for the stablecoin is on the up-and-up. In the first week of January, Tether printed more than 2 billion USDT. By Daniel Phillips. He explains why $5 billion of Tether has been printed since January, and whether it could reach $100 billion. Tether is down 0.01% in the last 24 hours. 5% is added to liquidity. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. Ethereum Berlin upgrade is now live—how will it affect ETH prices? Tether must now report on the assets backing the coin by May 19, after the operator and the related trading platform Bitfinex pledged to offer more transparency on … CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. Of their $42 billion in funds, on March 31, Tether … In brief. Bitcoin: Tether prints $1 billion – BTC price goes up 23%. Tether Prints $300 Million, While XRP Reclaims Third Spot Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. You can see the Tether creation posted realtime on twitter here and via CoinMarketCap: Buy $1,000,000 of Bitcoin on the exchange that supports Tether . In this way, Tether gets closer to the third position in the cryptocurrency market. The last print was for 300 million tokens on March 20 2018. Tether is a new breed of blockchain-based cryptocurrency that is tied to a fiat currency (USD) to maintain stability. As one of the few stable coins on the blockchain, many traders sold their Bitcoin for Tether instead of cashing out and paying taxes on their profits. Milan, Italy, 19th May 2021 — Luxury fashion brand Angelo Galasso is releasing its first collection of nonfungible tokens (NFT), which are designed to be sold alongside and reinforce the exclusivity of its handmade items by binding the digital and physical into a single bundle. ## Print-o-nomics. Tether — the controversial stablecoin company linked to Bitfinex — has just minted an additional 20 million USDT. The tokens were sent to an address associated with Bitfinex. On Friday May 18 2018, Tether printed another 250 million tokens, bringing the total supply to about 2.5 billion … https://t.co/ms2gGKPNI3 #USDT #Tether #Bitcoin #Crypto, — Not Tether Printer (@tetherprinter) January 19, 2018. Tether printer go brrrrr — cryptocurrency’s substitute dollar problem. “PSA: 120M USDT inventory replenish. Print 1,000,000 Tether. By Reynaldo April 28, 2020. I am going to highlight… 2017–2021 Tether … Contrary to what many think, this is the real reason we’re seeing this rapid price increase above $40,000, not a surge in “institutional demand” which makes up less than 10% of the market. This increased USDT market capitalization to $6.37 billion in the last hours. Except there’s a question of just how many dollars are really backing tether. Bitcoin is $12000 on another exchange that supports Tether. Tether is once again the subject of controversy following an official tweet by Whale Alert on July 13. The issuer of the most popular stablecoin, Tether, has printed a fresh batch of $150 million worth of USDT. Tether News Ticker. Wrong. It’s now been renamed “Not Tether Printer” to remind Twitter’s management that they’re in it for the lulz. [Update Correction]: it appears this Tether deposit was a ‘simple send' from Bitfinex Wallet and was not ‘granted' which means created/printed tether tokens. March 22, 2021. Tether Printing and Bitcoin Price. Oct 23 2020 Top 5 stablecoins by market cap. Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. 6/ Speaking of regulators, Bitfinex (owned by the same group that owns #tether ) is expected to hand over critical loan documents in "the coming weeks" to the NYAG over a 850M$ coverup. As Tether is the most popular dollar-pegged cryptocurrency, it is a refuge for many in times of market instability. 5% is added to liquidity. Tether was designed for each token to … 0. The ‘Tether Bitcoin Pump’ FUD has been going on for quite some time now, however, there hasn’t been any conclusive to prove the claims and it has been debunked a few times in the past. It’s alleged that large chunks of tether are being issued out of thin air and being used by the company’s owners to prop up the prices of bitcoin and other cryptocurrencies on exchanges, especially Bitfinex. Moore Cayman, an auditing firm in the Cayman Islands, has provided an assurance opinion on the current reserves of Tether. Tether has been hacked before and lost $31 million: Though it’s true that myriad exchanges have been hacked for tens of millions of dollars — the problem with Tether being hacked is that, once again, its value proposition is undermined. Without Whale Alerts giving constant updates, many in the cryptocurrency world would not even know about Tether’s day-to-day activities. Every Tether token is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Another recent event that stirred up the crypto-space was an alert by a blockchain transaction watching Twitter account (Whale Alert) that tweeted about Tether printing $5,000,000,000. 5 Billion USDT were minted in the last 2 weeks alone. Whale alert informed the entire crypto community on April 14 that the Tether Treasury has minted 120 million USDT coins. The Commodity Futures Trading Commission (CFTC) paid a visit to their offices to hand over a subpoena or two. #3. The report, shared with The Block by Tether on Tuesday, is dated February 28 and has an assurance opinion by Moore Cayman that Tether’s consolidated assets exceeded its consolidated liabilities as of the date. Many Tether defenders argue that Tether only prints when theres new demand, although this is not true. However, as analyst firm Skew notes, the market capitalization of Tether (USDT) is on its way to reach the USD 10 billion mark. The live Tether price today is $0.999986 USD with a 24-hour trading volume of $168,379,958,903 USD. Please do your own diligence before making any investment decisions. Here’s a recent example, where $100 million in tether dropped into the world three times in five days: Just printed $100,000,000 USDT! Tether now has close to 35 billion tethers in circulation—the last print was on Feb. 21 and nothing since. The tokens were sent to an address associated with Bitfinex. What is Tether (USDT)? https://t.co/Om8yy1EXgb #USDT #Tether #Bitcoin #Crypto, — Not Tether Printer (@tetherprinter) January 20, 2018, Just printed $100,000,000 USDT! Another three hundred million freshly minted Tether tokens (USDT) have entered the market in the first printing since mid-February. Tether (USDT) is the cryptocurrency trading economy’s favourite substitute US dollar. The news was brought to the attention of the masses by Twitter satirist “Not Tether Printer,” who pointed to a host of transactions on the Omni network in which an estimated 300 million tethers were sent: Just printed $300,000,000 USDT!https://t.co/lZVs0adPrg, — Not Tether Printer (@tetherprinter) March 20, 2018. So is USDC, and the price of Bitcoin is going higher. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. When a company sells itself as providing stability, safety, and accountability — the last thing its customers want to hear is that … Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Approximately $2 billion USDT has been minted by Tether Treasury within a short span of one month. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Tether’s USDT money printer is up and running again, and it could be a sign of what’s to come next for Bitcoin and the aggregated cryptocurrency market. (That’s extremely simplified. Updated by Kyle Baird . By Reynaldo February 29, … Bitcoin exchange Bitfinex pays $100 million to Tether for outstanding loans. Buying and trading cryptocurrencies should be considered a high-risk activity. keep printing, keep pumping and Always Stay legit ! If the … Tether trading takes up a significant portion of all trading volume, and has been the second most traded coin for months; with USDT pairings representing 14.21% of all crypto trading volume as of today. Also, the price of bitcoin is $46,300. Yet there are all these new tether being issued. Image: Shutterstock. According to brains behind Tether Printer, they were temporary blocked from Twitter for not specifying that they were a parody account. Another user @JBTheCryptoKing wrote, no one seems to be monitoring Tether … XRP has currently a market valuation of $7.9 billion. Tether, the largest stablecoin issuer in the crypto space, released its first breakdown of reserve holdings. For some time now, one can’t buy tether directly on the company’s website because they no longer have the kind of proper banking relationship that would allow for it. The launch of TrueUSD earlier this year created a competitor for Tether, and just this month Bittrex announced that they will be listing it. Terms | Privacy, Join 10m+ users trading 100+ cryptocurrencies at true cost, China Merchants Bank joins local DeFi protocol to launch $50 million crypto ecosystem fund, DeFi tool FinNexus (FNX) plunges by 90% after hack—some allege an inside job, Fund manager says these 10 metrics show Ethereum (ETH) can reach $10,000. ## Anti-whale by design Tether Prints $100 Million (USDT) Tokens Day After SEC Says ETH Not a Security. - by David Gerard - 10 Comments. The cryptocurrency has been sent to Tether’s treasury account and all of the newly printed USDT is based on Ethereum’s blockchain. Tether: We’re done with the baby prints. Most Bitcoin trading is against USDT — not against actual money. The transaction can be viewed here. Well, it shows that for at least one entire minute Tether was fully backed. This raised doubts over the legitimacy of Tethers claim to be backed 100% by USD, and caused concern that Tether could be propping up the market with false funds. Tether is an emerging cryptocurrency issued by a Hong Kong company, Tether Limited, and it now has a larger presence than Bitcoin. Free download. They are mainly using USDT for that, for whatever reason. As billions of dollars were liquidated from global markets amid the Coronavirus pandemic, the U.S. Dollar emerged as one of the safe-haven assets of choice for investors. As Twitter user @BlockchainBizMg writes, Tether has effectively become ‘too big to fail‘ and it now seems that no single entity or agency can do anything about it.

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