
April 14th, 2025
After literally months of waiting, a cryptocurrency market bounces forward and the majority of cryptos started to gain double figures on the day with a $10 billion injection pumps crypto markets.
Bloomberg has recently reviewed the bank statements of Tether for different months over the lasy year and found that they hold sufficient reserves to back its ciculating USDT supply.
Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.
For the 7th day in a row Coinbase is teaching us about their stable coin. They wanted to educate their clients about all the benefits of USD Coin (USDC) being the cryptocurrency at a stable price.
Bitcoin price continues to slip further making new lows. On Friday, Bitcoin corrected over 3.5% to go below $3300 levels.
Congressman Darren Soto and Ted Budd have introduced the bills that direct the CFTC and other financial regulators to make recommendations for how to improve the crypto regulatory environment for both consumers and businesses.
Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex will now have a total of six stablecoin options for trading on either platform.
Tether’s stablecoin platform is coming back: it will be available for fiat deposits and redemption of fiat currency to USDT once again.
Speaking at the Consensus: Invest conference, Clayton said that exchanges need to employ better surveillance tools to prevent market manipulation on its platform.
Commodity Futures Trading Commission and the U.S. Department of Justice are investigating the role of Tether’s stablecoin in artificial inflation of Bitcoin price during last year’s enormous growth.
While Tether loses its peg against the US Dollar, Dash price is surging. Another positive news is that the startup is launching Dash Text – text-based crypto payment service in Venezuela.
A new infographic by Bitcoinplay explains the nature of cryptos are and provides details about the 25 most prominent digital currencies.
Ledger is expanding its global presence to the Asia Pacific region and is going to increase stablecoins usability across its products.
Data shows that the $500 million worth USDT tokens accounted for 52% of the total supply leaving only another $446 million in the Tether treasury.
The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit.