Tether
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
Nickel Surges Above $100K, Investors Piling Up USDT
Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
The municipality wants businesses to accept crypto in everyday transactions.
Ruble-Denominated Bitcoin Volume Surges to 9-Month High
The increase comes as the West's sanctions on Russia trigger a flight from the ruble.
Crypto Donations to Ukraine Jump to $20M
FTX founder Sam Bankman-Fried and Chain.com CEO Deepak Thapliyal have contributed.
Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty
The leading cryptocurrency reverses earlier losses in seesaw trading.
Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.
Ukraine Crypto Exchange Founder: How Tensions With Russia Are Impacting the Region's Crypto Community
Michael Chobanian, the founder of Ukraine Crypto Exchange KUNA, joins “First Mover” to provide a firsthand perspective on the escalating tensions between Russia and Ukraine. Chobanian highlights a “slight panic” among the local population and a growing demand to exchange cash for crypto as fears of economic destabilization arise. Plus. he explains that in Ukraine, “Tether is more valuable than US Dollar” and uses the geopolitical crisis to make a case for decentralization.
Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish
The bitcoin Fear & Greed Index declined as macroeconomic and geopolitical concerns linger.
Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.
