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Tether Tokens (USDt) Market Cap Crosses US$60 Billion In Flight To Safety Amid Extreme Market Volatility


Tether Tokens (USDt) Market Cap Crosses US$60 Billion In Flight To Safety Amid Extreme Market Volatility
Date
24/05/2021
Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$60 billion in market capitalization as market participants flooded to the pre-eminent stablecoin in the face of recent market turbulence.
As the pioneer of the stablecoin model, Tether tokens (USDt) represent battle-tested technology that has been through many market cycles. The trust that market participants place in USDt has once again been underlined as the pre-eminent stablecoin has performed extremely well in the recent incidence of extreme market volatility, underlying its place as the most liquid, stable and trusted stablecoin. ....

Paolo Ardoino , Gabor Gurbacs , Tether Operations Limited , Digital Asset Strategy , Bitcoin Cash , Simple Ledger Protocol , Liquid Network , டெதர் செயல்பாடுகள் வரையறுக்கப்பட்டவை , டிஜிட்டல் சொத்து மூலோபாயம் , பிட்காயின் பணம் , எளிய பேரேடு ப்ரோடொகால் , திரவ வலைப்பின்னல் ,

Tether Tops $60 Billion in "Flight to Safety"

Click HERE to find out ⭐ Tether Tops $60 Billion in "Flight to Safety". | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. ....

Paolo Ardoino , Gabor Gurbacs , Digital Asset Strategy , டிஜிட்டல் சொத்து மூலோபாயம் ,

Bitcoin bounces back to $58k level, and Ethereum breaks $3K


Bitcoin bounces back to $58k level, and Ethereum breaks $3K
The deleveraging that took place in the early hours of last Monday helped Bitcoin to bounce back nearly 20% this past week to get to as high a $58,498 before falling back to the $57K level.
Meanwhile, according to data by CryptoCompare, Ethereum had an even better week, setting a new all-time high of $2,954, and closing April in the green to make it seven consecutive monthly green candles for the world’s second-most valuable cryptocurrency.
So, let’s look at the main highlights of last week…
On Monday (April 26), Coindesk reported that, according to its sources, JPMorgan Chase is planning to offer an actively managed Bitcoin fund to clients of its private wealth management service, with the fund expected to launch as soon as this summer. ....

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