$BTC still in an accumulation zone, DXY ($USDT index) strength suggests we temper our enthusiasm for now and gold waiting to do it’s thing, dislocation will most likely occur and we will look to aggressively add. Until then, breathe!
Tether crypto is the creator of USDT, the first and most used stablecoin. The network now supports four stablecoins: USDT (pegged to the U.S. dollar), CNHT (pegged to the Chinese Yuan), EURT (pegged to the Euro), and XAUT (pegged to 1 oz. of gold).
Being pegged to an asset means that the cryptocurrency always aims to be the exact value of the physical asset; therefore, one USDT always tries to be the same value as one USD.
Stablecoins are widely used today to hold assets in a stable, non-volatile position on a blockchain. They are also being adopted for everyday payments, as businesses can know the exact amount of funds they are getting for a purchase.
Here you can read and comment on all posts made by Strategists about Tether USDT. See all Tether price predictions in real time and make the best use of their crypto knowledge.
Dear valued clients,
We would like to inform you that on August 25, 2023, we will be automatically executing a rebalancing of the Digital Asset Array (DAA) within the Bitcoin Crypto Assets DAA strategy.
The current active DAA structure will be as follows:
This rebalancing will also result in the removal of the following assets:
We believe that this rebalancing will help to optimize the performance of the Bitcoin Crypto Assets DAA strategy and maximize returns for our clients.
We will continue to monitor market conditions and make adjustments to our DAA as needed to ensure optimal performance.
Please stay updated by following us on Twitter https://twitter.com/Bitcoin_CryptoA and do not hesitate to contact us if you have any questions or concerns.
Thank you for choosing Bitcoin Crypto Assets DAA as your investment partner.
With $BTC dropping below $28k, everything looks extremely oversold on multiple timeframes. Coinbase Premium is still negative but started to raise so we decided to deploy 50% of our $USDT hedge✅
Below are the changes we are making👀
P.S. We are buying back more coins as we sold them much higher.
Meanwhile, Tether, and Bitfinex secured a comprehensive legal victory, as the U.S. District Court dismissed a class-action lawsuit against them. The Court found the plaintiffs' complaint lacked credible allegations of injury, citing no evidence to indicate that USDT's value had diminished at any point. This ruling represents another positive development for the cryptocurrency sector👏 $USDT
Tether (USDT) price history shows the highest value of 1.01 USD . We recorded this price on March 13, 2020, but we cannot exclude that a higher price was registered before June 1, 2019.