Tether mulls lending to commodity traders: Report
The USDT issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit.
Related Posts


Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves
Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewAnalysts dismiss FTX insolvency fearsData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $19,351 on Bitstamp — its lowest levels since Oct. 25.The pair, along with altcoins large and small,…

Web3 sees 15 new scam smart contracts an hour: Solidus Labs
Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain. 420 Total views 5 Total shares The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average…

BREAKING: French President Macron denies inviting Pavel Durov to France
Macron has faced widespread and international backlash for the arrest of the Telegram founder

3 signs suggesting the XRP price boom can continue in Q4 2022
XRP XRP has made considerable gains over the past month as traders continue to shower confidence on Ripple's legal win against the U.S. Securities and Exchange Commission (SEC).For instance, XRP price has gained 25% thirty days after Ripple and the SEC filed for an immediate ruling on whether or not XRP sales violated U.S. securities laws. In comparison,…

The ‘central bank of central banks’ is building a CBDC settlement platform
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year. 3074 Total views 11 Total shares CBDC research has been announced as a top priority for the Bank for International Settlements’ Innovation Hub, or BISIH, in 2021.According to its annual work program, BISIH, plans to “explore…

Wall Street’s EF Hutton Wants to Raise $60 Mln Issuing Crypto ‘Instruments, Coins, Tokens’
U.S. stock brokerage firm EF Hutton plans to issue $60 million in various cryptocurrency instruments from January 2019, Bloomberg reported September 13.The latest in a series of crypto-related announcements this month, the company’s parent organization HUTN said it would begin offering “multiple instruments, coins and tokens” which would “generate proceeds of at least $60 million.”The…

Bitcoin Price Is in ‘Early Main Bull Phase’ Circa Q4 2016 — Willy Woo
Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs, and the new bull market has been here for over a year already.That was according to popular statistician Willy Woo, who this week shed further light on Bitcoin’s current price gains.Woo: Bitcoin “early main bull phase” began recentlyIn a series of tweets…

3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’
Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates. Nonetheless, the BTC/USD pair remains rangebound inside the $18,000–$20,000 price range, showing a strong bias conflict in the market.BTC price holding above $18K since JuneNotably, BTC's price has been unable…