Tether USDT’s market share rises 20%, reaching 75% in two years

On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000. 612 Total views 11 Total shares Woo noted reports identifying the blackouts were published late last week, with the power outages occurring to facilitate safety inspections in response to a recent flooding accident at…

Tether has reacted to lawmakers' requests for DOJ action over its stablecoin use, claiming it wants to be a "world class partner to the U.S." Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in relation to the illicit use of

Hong Kong is “very ready” for the next wave of mass crypto adoption, with an influx of crypto talent that has been spilling into the aspiring digital asset hub, says Jupiter Zheng, a partner at Hashkey Capital. Speaking to Cointelegraph, Zheng, partner of liquid funds and research at the investment arm of Hong Kong crypto firm

Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023. 148 Total views 6 Total shares The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt…

CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.

Grayscale Investments Q2 report shows a record $905 million inflow as institutions continue to move into Bitcoin, Ethereum and other digital assets. 1718 Total views 30 Total shares Grayscale Investments has just released its quarterly report which shows that institutional demand for Bitcoin and other digital assets is still on the rise despite the lack…

Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents. 369 Total views 1 Total shares Own this piece of history Collect this article as an NFTAustralia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange…

Saturday, August 25: crypto markets are showing bullish sign of a persuasive recovery. Virtually all of the top 100 cryptocurrencies are in the green today, with solid growth of between 1 and 4 percent among the top 10 largest coins by market cap, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading…