-
ARS 1,071.10 (-0.96%) -
BTC 61,385.40 (-2.04%) -
ETH 2,982.53 (-1.45%) -
SOL 144.30 (-2.68%) -
PEPE <0.01 (-0.74%) -
RUNE 6.08 (+3.42%) -
DOGE 0.15 (-1.80%) -
RNDR 10.78 (+3.38%) -
XRP 0.51 (-2.83%) -
WIF 2.84 (-4.51%) -
ENA 0.86 (-5.39%) -
WLD 5.39 (-8.19%) -
UMA 3.89 (+47.93%) -
NEAR 7.23 (+0.65%) -
BOME 0.01 (-2.36%) -
ADA 0.45 (-0.02%) -
AVAX 34.06 (-2.52%) -
JTO 3.53 (-10.71%) -
BONK <0.01 (-1.25%) -
TRX 0.13 (+3.14%) -
BEL 0.88 (+7.84%) -
FLOKI <0.01 (-0.85%) -
PEOPLE 0.03 (+9.54%) -
SUI 1.00 (-6.84%) -
ETC 27.07 (-5.42%) -
ARKM 2.47 (+0.39%) -
ETHFI 3.72 (-1.80%)
Tether Treasury receives two 50M USDT lump sums from Bitfinex
Published: 2023-10-02
1. USDT Tether Treasury and Its $50 Million Allocation on Bitfinex: The main topic of this article is the USDT Tether Treasury's allocation of $50 million on the Bitfinex cryptocurrency exchange. The USDT Tether Treasury is responsible for the issuance and management of Tether (USDT),a stablecoin pegged to the US dollar. This allocation aims to support liquidity on Bitfinex,allowing traders to easily convert their cryptocurrencies into USDT and maintain stability in the market. It also reflects the growing popularity and usage of USDT as a preferred stablecoin in the cryptocurrency industry.
2. Implications for Bitfinex and the Cryptocurrency Market: The allocation of $50 million by the USDT Tether Treasury has several implications for Bitfinex and the broader cryptocurrency market. Firstly,it demonstrates Bitfinex's trust and reliance on USDT as a stablecoin for trading activities. This move is likely to enhance liquidity on the exchange,attracting more traders who prefer USDT for its stability and tethering to the US dollar. Additionally,this allocation could potentially contribute to increased trading volumes and market activity on Bitfinex,as traders use USDT for various transactions,such as trading pairs and funding other cryptocurrencies.
3. Tether's Role in the Evolving Cryptocurrency Landscape: Tether's significance as a stablecoin in the cryptocurrency landscape is evident in this news. As the market capitalization of USDT surpasses $50 billion,it continues to play a pivotal role in facilitating trading and providing liquidity across various cryptocurrency exchanges. With its peg to the US dollar and its use as a trading pair on many exchanges,USDT has become a reliable tool for traders to hedge against cryptocurrency volatility. This development also emphasizes the importance of stablecoins in the overall cryptocurrency market and their potential to bridge the gap between traditional finance and digital assets. Note: Each topic is labeled with a number for clarity and reference purposes.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,071.10 | 2,183,706,351.50 |
| 2 | BTC |
61,385.40 | 1,647,932,557.61 |
| 3 | ETH |
2,982.53 | 743,238,061.91 |
| 4 | SOL |
144.30 | 589,183,792.25 |
| 5 | PEPE |
<0.01 | 326,092,862.67 |
| 6 | RUNE |
6.08 | 194,501,781.68 |
| 7 | DOGE |
0.15 | 174,973,139.93 |
| 8 | RNDR |
10.78 | 174,204,527.50 |
| 9 | XRP |
0.51 | 158,763,831.37 |
| 10 | WIF |
2.84 | 152,934,119.31 |
| 11 | ENA |
0.86 | 123,808,880.90 |
| 12 | WLD |
5.39 | 112,490,169.55 |
| 13 | UMA |
3.89 | 107,677,553.52 |
| 14 | NEAR |
7.23 | 91,596,850.35 |
| 15 | BOME |
0.01 | 83,171,236.58 |
| 16 | ADA |
0.45 | 68,122,909.67 |
| 17 | AVAX |
34.06 | 66,793,008.47 |
| 18 | JTO |
3.53 | 61,572,680.47 |
| 19 | BONK |
<0.01 | 55,921,498.38 |
| 20 | TRX |
0.13 | 54,133,783.69 |
| 21 | BEL |
0.88 | 51,946,779.11 |
| 22 | FLOKI |
<0.01 | 49,879,941.68 |
| 23 | PEOPLE |
0.03 | 49,524,504.76 |
| 24 | SUI |
1.00 | 43,997,407.28 |
| 25 | ETC |
27.07 | 42,963,007.72 |
| 26 | ARKM |
2.47 | 42,608,976.27 |
| 27 | ETHFI |
3.72 | 39,995,488.49 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | UMA |
3.89 | +47.93 |
| 2 |  XVG |
<0.01 | +25.00 |
| 3 |  MOVR |
15.57 | +15.51 |
| 4 |  KMD |
0.42 | +13.67 |
| 5 |  HIGH |
4.49 | +11.21 |
| 6 |  RAD |
1.85 | +10.71 |
| 7 | PEOPLE |
0.03 | +9.54 |
| 8 | BEL |
0.88 | +7.84 |
| 9 |  BAKE |
0.27 | +5.78 |
| 10 |  GTC |
1.25 | +5.76 |
| 11 |  API3 |
2.50 | +5.74 |
| 12 |  AUCTION |
17.64 | +5.00 |
| 13 |  PERP |
1.10 | +4.97 |
| 14 |  AR |
39.56 | +4.91 |
| 15 |  PORTAL |
0.81 | +4.67 |
| 16 |  ARPA |
0.07 | +4.37 |
| 17 |  AGLD |
1.05 | +3.54 |
| 18 | RUNE |
6.08 | +3.42 |
| 19 | RNDR |
10.78 | +3.38 |
| 20 |  BAND |
1.54 | +3.28 |
| 21 | TRX |
0.13 | +3.14 |
| 22 |  BOND |
3.12 | +3.07 |
| 23 |  ORN |
1.44 | +2.69 |
| 24 |  BLZ |
0.38 | +2.43 |
| 25 |  CAKE |
2.70 | +2.28 |
| 26 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
0.95 | +2.21 |
| 27 |  BADGER |
4.38 | +1.77 |
| 28 |  WIN |
<0.01 | +1.67 |
| 29 |  ZEC |
23.38 | +1.65 |
| 30 |  GLMR |
0.30 | +1.44 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  ERN |
4.72 | -12.40 |
| 2 |  IDEX |
0.06 | -12.12 |
| 3 |  TRU |
0.11 | -11.00 |
| 4 | JTO |
3.53 | -10.71 |
| 5 |  PSG |
4.04 | -9.04 |
| 6 |  CVX |
2.52 | -8.55 |
| 7 | WLD |
5.39 | -8.19 |
| 8 |  PENDLE |
4.56 | -7.76 |
| 9 |  DIA |
0.46 | -7.34 |
| 10 |  XAI |
0.64 | -7.11 |
| 11 |  CELO |
0.83 | -6.95 |
| 12 | SUI |
1.00 | -6.84 |
| 13 |  XNO |
1.12 | -6.82 |
| 14 |  VIC |
0.52 | -6.58 |
| 15 |  AEVO |
1.23 | -6.55 |
| 16 |  DCR |
19.50 | -6.52 |
| 17 |  CHZ |
0.12 | -6.30 |
| 18 |  STX |
2.01 | -6.19 |
| 19 |  AXL |
1.10 | -6.18 |
| 20 |  WAN |
0.25 | -5.81 |
| 21 |  RSR |
<0.01 | -5.75 |
| 22 |  GAL |
3.35 | -5.63 |
| 23 |  PYTH |
0.47 | -5.54 |
| 24 |  NULS |
0.65 | -5.51 |
| 25 | W | 0.61 | -5.42 |
| 26 | ETC |
27.07 | -5.42 |
| 27 | ENA |
0.86 | -5.39 |
| 28 |  SEI |
0.52 | -5.27 |
| 29 |  IQ |
<0.01 | -5.18 |
| 30 |  RPL |
19.84 | -5.16 |
Bitcoin's Greed and Fear Index.
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| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Unemployment Claims | Thursday | 09-05-2024 | 13:30 |
| 2 | Mortgage Delinquencies | Thursday | 09-05-2024 | 15:00 |
| 3 | Natural Gas Storage | Thursday | 09-05-2024 | 15:30 |
| 4 | 30-y Bond Auction | Thursday | 09-05-2024 | 18:01 |
| 5 | FOMC Member Daly Speaks | Thursday | 09-05-2024 | 19:00 |
| 6 | FOMC Member Bowman Speaks | Friday | 10-05-2024 | 14:00 |
| 7 | Prelim UoM Consumer Sentiment | Friday | 10-05-2024 | 15:00 |
| 8 | Prelim UoM Inflation Expectations | Friday | 10-05-2024 | 15:00 |
| 9 | FOMC Member Barr Speaks | Friday | 10-05-2024 | 18:30 |
| 10 | Federal Budget Balance | Friday | 10-05-2024 | 19:00 |
