sell to tether when market is plummeting

Last Updated on February 17, 2024 by Paganoto

Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg

Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg

More than $1.8 billion of Tether was removed from the market between Wednesday and Thursday, as Tether’s market value dropped to as low as $82. …

Tether: The Coin That Could Wreck Crypto

Tether: The Coin That Could Wreck Crypto

SAN FRANCISCO — Cryptocurrency prices are plummeting. A so-called stablecoin lost all its value in a matter of days.

Tether (USDT) stablecoin drops below $1 peg – CNBC

Tether (USDT) stablecoin drops below $1 peg – CNBC

Tether sank to as low as 95 cents on some crypto exchanges Thursday morning. … a different stablecoin, plummeted below 30 cents.

Turmoil and panic in crypto market as 'stablecoin' slump …

Turmoil and panic in crypto market as 'stablecoin' slump …

In theory tether should never trade below $1: any time it does, there is guaranteed profit from commercial arbitrageurs willing to buy the token …

Tether price prediction: Can USDT keep its dollar peg?

Tether price prediction: Can USDT keep its dollar peg?

The value of UST dropped to $0.7934 on 12 May and has continued to decline, falling to just $0.07601 on 19 May, while the USDT/USD price has …

First Mover Asia: How Traders Are Shorting Tether Stablecoins

First Mover Asia: How Traders Are Shorting Tether Stablecoins

Meanwhile, some like ChainUp’s Mei suggest short-selling tether isn’t necessarily a bad move. “Short selling is a natural part of market …

Tether claims it invented concept of stablecoin | Currency.com

Tether claims it invented concept of stablecoin | Currency.com

19 July 2022: Demand for selling Tether in Dubai is up, says Coinsfera … with the market cap of the USDT stablecoin falling to $67.8bn.

Crypto industry shaken as Tether's dollar peg snaps

Crypto industry shaken as Tether's dollar peg snaps

Tether tumbled as low as 95.11 cents in European trading, far below the $1 peg that it seeks to maintain as it faced an intense bout of selling …

Crypto meltdown deepens as stablecoin Tether drops below …

Crypto meltdown deepens as stablecoin Tether drops below …

Tether slipped below its 1:1 dollar peg, hitting a low of 95 cents around 0724 GMT on Thursday, based on CoinMarketCap data.

The Tether controversy, explained – The Verge

The Tether controversy, explained – The Verge

Most people who own Tether bought it from someone else, and they’re probably not going to try to redeem it — they’re just going to sell it, …