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Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC).
Speculation is rife that a sustained bull run will replace this latest crypto winter. While I remain bullish on digital assets and the wider crypto industry on a long-term horizon, there’s ...
Here is the bottom line: History says the S&P 500 bull market could continue for several years, but accelerating inflation and elevated valuations could be material headwinds in 2025.
Crypto was once a fringe sideshow for the investing public, a concern for DC policymakers and a subject of ridicule for top Wall Street figures. That changed in 2024. Crypto got everything it ...
A bull market is a market condition in which prices are rising. [7] [8] This is the opposite of a bear market in which prices are declining. In the case of the stock market, a bull market occurs when major stock indices such as the S&P 500 and the Dow rise at least 20% and continue to rise. [9] [10] A bull market can last for months or even years.
TerraUSD and Luna, two stablecoins run by Terra, lose their pegs to the US Dollar and collapse, with the former being worth $0.10 and the latter nearly nothing. [51] 12 June Celsius Network, a crypto exchange, announces the halt of all withdrawals and transfers. [52] Bitcoin falls 15% the following day to nearly $22,500, while Ethereum falls to ...
Bank of America's February survey of global fund managers released on Tuesday showed investor allocation to cash hit 3.5%, its lowest level in 15 years, reflecting that while the Magnificent Seven ...
USDT may refer to: USDT, the ticker symbol for the Tether stablecoin cryptocurrency; United States Department of the Treasury; Ultra-slim desktop, a computer formfactor used by Hewlett-Packard, see HP business desktops; University of Science and Defense Technologies, an Iranian research institute of the Malek-Ashtar University of Technology