Tether vs XRP: Tether challenges third spot again as number of new wallets hits all-time high

In another episode of ‘Tether vs XRP,’ the largest stablecoin once again overtook Ripple’s XRP in the list of cryptocurrencies with the highest market capitalization. However, the lead was shortlived as XPR once again took its position back where it currently sits. Tether vs XRP XRP’s performance over the last two years has been extremely […] …

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here’s What it Means for Crypto

While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors. …

Tether USDT briefly overtakes XRP to become the third-largest crypto by Market cap

Tether USDT temporarily briefly overtook Ripple’s XRP to become the third-largest cryptocurrency by market capitalization. Tether USDT has been on a printing spree for the last few weeks that caused its market cap to soar above XRP’s. Tether’s printing campaign shows its dominance over the markets as its increasing issuance of USDT comes amid a […] …

Forget bitcoin halving event; Is Tether the key reason behind BTC’s resurgence?

Cryptocurrency enthusiasts and investors alike are preparing for the long-awaited bitcoin halving event in a few days. The upcoming halving event will see the amount of new BTC coins entering the market slashed by 50%. The price of the flagship digital currency surged last week and is now a strong challenger for this year’s best-performing […] …

DeFi posterchild MakerDAO reflects on $4 Million “Black Thursday” ETH losses

One month after the now-infamous $4 million liquidations, MakerDAO finally released the “Black Thursday” analysis report yesterday to mixed responses. The firm is considering compensation for all losses incurred by “vault” holders in March, detailing the pros and cons of the plan. Community calls for compensation April 29 saw Maker publish its liquidation and ‘Black […]
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