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 Tether credits USDT growth surge to ETF excitement emerging markets

Tether credits USDT growth surge to ETF excitement emerging markets


Published: 2023-11-14


1. Tether (USDT) Growth: In the article,the author highlights the significant growth of Tether (USDT),a stablecoin pegged to the value of the US dollar. The article mentions how the market capitalization of Tether has reached new highs,surpassing $67 billion. This growth in Tether's market cap is seen as a reflection of increased demand for stablecoins in the crypto market,as investors seek price stability. The article further discusses the implications of Tether's growth,such as its potential impact on the overall market and its positioning as one of the most widely used stablecoins.

2. Bitcoin ETF: Another main topic addressed in the article is the possibility of a Bitcoin Exchange-Traded Fund (ETF). The author explains that a Bitcoin ETF would allow traditional investors to gain exposure to Bitcoin through regulated financial markets. The article mentions that there have been multiple attempts to launch a Bitcoin ETF in the past,but they have been unsuccessful due to concerns over market manipulation and lack of regulation in the crypto industry. However,recent developments,such as the approval of a Bitcoin ETF in Canada,have renewed optimism for a Bitcoin ETF to be approved in the United States,potentially opening up new opportunities for institutional investors.

3. Market Impact: The third main topic discussed in the article is the potential impact of Tether's growth and the approval of a Bitcoin ETF on the overall cryptocurrency market. The author points out that Tether's increased market capitalization could lead to increased liquidity in the market,facilitating the trading of cryptocurrencies. Additionally,the approval of a Bitcoin ETF could attract more institutional investors to the market,driving up demand for Bitcoin and potentially increasing its price. The article suggests that both developments have the potential to bring more stability and legitimacy to the crypto market as a whole. Note: Each topic is designated by a number for easier reference.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,072.40 2,208,982,681.90
2 BTC title=BTC 61,125.42 1,653,751,987.02
3 ETH title=ETH 2,970.54 758,331,311.68
4 SOL title=SOL 142.69 595,272,957.55
5 PEPE title=PEPE <0.01 331,775,729.16
6 RUNE title=RUNE 5.95 201,076,372.10
7 RNDR title=RNDR 10.55 172,952,933.60
8 DOGE title=DOGE 0.15 172,909,574.83
9 XRP title=XRP 0.51 161,584,792.54
10 WIF title=WIF 2.82 157,622,775.69
11 ENA title=ENA 0.86 129,582,875.63
12 WLD title=WLD 5.38 115,384,980.47
13 UMA title=UMA 3.90 99,467,770.30
14 NEAR title=NEAR 7.14 91,958,481.93
15 BOME title=BOME 0.01 87,628,359.18
16 ADA title=ADA 0.45 77,117,622.27
17 AVAX title=AVAX 33.94 68,300,491.02
18 JTO title=JTO 3.52 63,419,892.27
19 BONK title=BONK <0.01 57,900,840.62
20 TRX title=TRX 0.13 53,780,409.06
21 ETC title=ETC 27.00 52,254,730.51
22 FLOKI title=FLOKI <0.01 51,575,025.60
23 BEL title=BEL 0.87 51,256,660.22
24 PEOPLE title=PEOPLE 0.03 48,283,788.54
25 SUI title=SUI 1.00 45,742,079.84
26 ARKM title=ARKM 2.46 42,848,921.22
27 ETHFI title=ETHFI 3.66 40,582,751.06

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 UMA title=UMA 3.90
+50.72
2 Verge title=XVG <0.01 +20.94
3 Komodo title=KMD 0.43 +17.49
4 ConstitutionDAO title=PEOPLE 0.03 +13.65
5 Moonriver title=MOVR 14.75 +11.26
6 Bella Protocol title=BEL 0.87 +10.24
7 High title=HIGH 4.39 +8.13
8 RAD title=RAD 1.79 +8.09
9 API3 title=API3 2.50 +7.98
10 Bounce title=AUCTION 17.16 +6.92
11 BakerySwap title=BAKE 0.26 +5.76
12 Render title=RNDR 10.55 +5.60
13 Game title=GTC 1.23 +5.14
14 Perpetual Protocol title=PERP 1.08 +4.57
15 Orion title=ORN 1.42 +3.75
16 ARPA title=ARPA 0.07 +3.61
17 THORChain title=RUNE 5.95 +3.48
18 Acent title=ACE 5.41 +3.28
19 Adventure Gold title=AGLD 1.03 +3.19
20 Moonbeam title=GLMR 0.30 +3.10
21 Celo title=CELO 0.82 +2.96
22 TRON title=TRX 0.13 +2.90
23 Bluzelle title=BLZ 0.38 +2.87
24 BarnBridge title=BOND 3.09 +2.77
25 Badger title=BADGER 4.34 +2.43
26 Portal title=PORTAL 0.78 +2.17
27 Harmony title=ONE 0.02 +1.94
28 Dash title=DASH 29.37 +1.87
29 Frax Share title=FXS 4.24 +1.85
30 DODO title=DODO 0.18 +1.76

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 IDEX title=IDEX 0.06 -12.56
2 Ethernity Chain title=ERN 4.68 -11.07
3 Paris Saint-Germain Fan Token title=PSG 4.02 -9.71
4 Worldcoin title=WLD 5.38 -8.48
5 Jito title=JTO 3.52 -7.97
6 DIA title=DIA 0.46 -7.56
7 TrueFi title=TRU 0.11 -6.97
8 Viction title=VIC 0.52 -6.96
9 Pendle title=PENDLE 4.55 -6.90
10 Nano title=XNO 1.11 -6.87
11 Ethena title=ENA 0.86 -6.73
12 Sui title=SUI 1.00 -6.70
13 Cats Of Sol title=COS 0.01 -6.61
14 Reserve Rights title=RSR <0.01 -6.54
15 Aevo title=AEVO 1.22 -6.51
16 Axelar title=AXL 1.09 -6.38
17 Decred title=DCR 19.36 -6.29
18 W 0.61 -6.14
19 Ethereum Classic title=ETC 27.00 -6.09
20 Grok title=XAI 0.65 -5.79
21 Lido DAO title=LDO 1.90 -5.76
22 NULS title=NULS 0.64 -5.56
23 Terra title=LUNA 0.61 -5.33
24 Stacks title=STX 2.02 -5.09
25 IQ title=IQ <0.01 -5.03
26 Wanchain title=WAN 0.25 -4.98
27 Pyth Network title=PYTH 0.47 -4.96
28 IoTeX title=IOTX 0.05 -4.90
29 Phala title=PHA 0.19 -4.88
30 Rocket Pool title=RPL 19.73 -4.87

Bitcoin's Greed and Fear Index.

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55
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Rwandan central bank proceeds with ambitious retail CBDC project 2024-05-09
2 Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy 2024-05-09
3 House votes to nullify SECs anti crypto banking guidance SAB 121 2024-05-09
4 3 trends to think about before Bitcoin039s bull run resumes 2024-05-09
5 Robinhood Q1 crypto trading surges 224 SEC action disappointing 2024-05-09
6 Optimism to roll out new Superchain features for layer 3 devs 2024-05-09
7 Emergency wall of liquidity to prop up Yen bullish for Bitcoin Swan 2024-05-09
8 Crypto degens hungry for next big SocialFi breakthrough K33 Research 2024-05-09
9 3 memorable moments from Donald Trumps Mugshot NFT event 2024-05-09
10 Nifty News 3 Bored Apes gone phishing fantasytop fees beat Tron and more 2024-05-09
11 Various forms of Bitcoin custody explained 2024-05-08
12 Trader loses 7 figure sum due to 0L Network hard fork 2024-05-08
13 AI powered smart contracts could be transformative Ava Labs founder 2024-05-08
14 Chainalysis sets up regional HQ in Dubai amid local crypto boom 2024-05-08
15 Sophon ZKSync hyperchain raises 60M in node sale 2024-05-08
16 Tether scales crypto payments in Eastern Europe with new investment 2024-05-08
17 CBDCs stablecoins must ensure liberty based values former CFTC chair 2024-05-08
18 Public blockchain ledgers not fit for purpose says JPMorgan exec 2024-05-08
19 What do crypto market makers actually do Liquidity or manipulation 2024-05-08
20 Coincheck Thunder Bridge move closer to Nasdaq listing with public filing 2024-05-08
21 My traumatic Apple ID hack showed pitfalls of centralized identity 2024-05-08
22 SEC pushes back against Terraforms claims fraud happened outside US 2024-05-08
23 Ethereum price lags due to weaker capital rotation but crypto macro uptrend remains 2024-05-08
24 Susquehanna International Group adds 1B in Bitcoin ETFs to portfolio 2024-05-08
25 Philosopher Yuval Noah Harari warns of AIs risks in finance 2024-05-08
26 Ex Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act 2024-05-08
27 Grayscale withdraws its Ethereum Futures ETF application 2024-05-08
28 FTX plans full pay back of all creditors plus billions in compensation 2024-05-08
29 SECs Gary Gensler is getting irked being asked about crypto 2024-05-08
30 2 key Bitcoin indicators have cooled off Why it could be bullish 2024-05-08
31 LocalMonero exchange shuts down as crypto privacy services dwindle 2024-05-08
32 Australian Tax Office seeks data from 12M crypto exchange users Report 2024-05-07
33 Leading Colombian bank launches crypto exchange and peso stablecoin 2024-05-07
34 Crypto options desk QCP Capital wins Abu Dhabi license Report 2024-05-07
35 Hong Kong central bank forms community to explore asset tokenization 2024-05-07
36 Bitcoin exchange inflows drop to 10 year lows after 74K all time highs 2024-05-07
37 QANplatform launches worlds first quantum resistant EVM compatible testnet 2024-05-07
38 Buy altcoins now but sell before mid 2025 Charles Edwards X Hall of Flame 2024-05-07
39 EU crypto regulations undermined by lack of enforcement say observers 2024-05-07
40 Crypto is top of mind for voters in US swing states Harris Poll 2024-05-07
41 Ethereum L2 EigenLayer is last of life changing airdrops experts say 2024-05-07
42 Crypto firms to see more enforcement actions within 2 years CFTC chair 2024-05-07
43 Central banks must revise business model embrace CBDCs ECB member 2024-05-07
44 Memecoins sell off as Bitcoin price takes the spotlight Is meme season over 2024-05-07
45 Bitcoin miner Marathon Digital to join SampP SmallCap 600 shares jump 18 2024-05-07
46 SEC punts Galaxy spot Ethereum ETF decision to July 2024-05-07
47 Bitcoin as strong as ever with record high 200 day moving average 2024-05-07
48 Tom Brady grilled on FTX ties in Netflix roast He fucked those people 2024-05-07
49 Bitcoin Runes reclaim dominance over BTC transactions 2024-05-06
50 FTX addresses transferred 83M one day before amended proposal deadline 2024-05-06

US news that has a significant impact on the market

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

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