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USDT Can Now Be Sent via Telegram

The well-known messaging app Telegram has added the functionality for users to buy, store, and send Tether (USDT), the world’s largest stablecoin.
USDT Can Now Be Sent via Telegram

SEC Charges Justin Sun, Issues Coinbase Wells Notice; Nasdaq Eyes Crypto Custody | Cointime Weekly Mar.19 – Mar.25

French lawmakers agree to ban crypto influencer promotions; U.S. IRS seeks to tax NFTs like other collectibles; character Ai receives $150M funding from a16z and others; how effective is GPT for auditing smart contracts?
SEC Charges Justin Sun, Issues Coinbase Wells Notice; Nasdaq Eyes Crypto Custody | Cointime Weekly Mar.19 – Mar.25

Tether Releases Q1 USDT Profit Estimate Amid Growing FUD

According to the latest reports, Tether expects more than $1 billion in total revenue from USDT in Q1. It also anticipates a $700 million profit for the quarter.

Crypto Evening Briefing: Nasdaq Eyes Crypto Custody Launch by End of Second Quarter

Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of traditional financial firms that could fill the role of crypto middlemen following a spate of bankruptcies in the industry.
Crypto Evening Briefing: Nasdaq Eyes Crypto Custody Launch by End of Second Quarter

Crypto Firm Tether Says It Has Around $1.6 Billion in Excess Reserves To Back Its USDT Stablecoin

Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion, the company’s technology chief told CNBC, revealing the latest figures for the first time.

Tether’s (USDT) Market Cap Sees 17% YTD Surge Amidst Banking Crisis

The banking sector could potentially undergo a much-needed revamp, but until then, investors appear to be scrambling for a safety net. As the traditional financial world is rocked by the Credit Suisse chaos and the failure of a series of US banks, investors have flocked to the largest stablecoin, Tether (USDT).

Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

The often-controversial tether (USDT) stablecoins emerged as the best bet for traders looking for a stable haven earlier this month following a series of banking troubles in the U.S.

Tether’s Circulating Supply Reaches 10-Month High of $74B

Tether’s USDT supply reached 74 billion for the first time since May 2022, according to CryptoSlate’s data.

Crypto Evening Briefing: Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.
Crypto Evening Briefing: Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos

Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows.