In the ever-expanding universe of cryptocurrencies, Tether (USDT) has emerged as a significant player. Tether (USDT) is a cryptocurrency that serves as a stable coin, pegged to fiat currency, specifically the US dollar. It was created to provide stability in the cryptocurrency world, allowing users to conduct transactions without being subject to significant price fluctuations, and for storing and transferring value within the cryptocurrency space. Over the years, it has become one of the most popular cryptocurrencies among traders and investors, holding a special significance in the cryptocurrency market. In this article, we will explore what Tether is, how to buy and store it, and delve into the key aspects of using this cryptocurrency.
“Disappointment” of Bitcoin is close?!
If forecasts and opinions in the crypto industry so often serve as a factor influencing the price of a cryptocurrency, then this is perhaps argument enough to be aware of their trends.
We share a fresh selection.
Well-known analyst Tony Weiss is sure that in the first quarter of next year bitcoin will fall somewhere to $4,500-5,000, if it does not consolidate above $10,000 for a week or two. In the next year and a half, we should not expect a rate beyond $5,000 - $10,000, and growth will not begin until 2021. Litecoin, according to Tony, will die because it is a scam, like all 99% of cryptocurrencies, except 1% - bitcoin.
Trader Peter Brandt is confident that for stable growth to a new record in the region of $ 50 thousand, the main cryptocurrency needs to go through a significant drop. He believes that the bottom of bitcoin is around $5,500, and the time to buy BTC will come when there will be no bulls on Twitter. However, despite the pressure from the bears, the bitcoin hashrate increased to 111.56 EH/s.
As for the upcoming halving of bitcoin in 2020, Morgan Creek Digital co-founder Jason Williams believes that it will not affect the price in any way: "It will be a disappointment." Analysts' opinions on this issue differ, because after the last halving, bitcoin went up. Entrepreneur Alistair Milne expressed the opinion that halving will definitely have a positive impact on BTC pricing.
And again hacking the exchange. This time, the victim was the Bittrex platform with a leak of more than a third of all assets. Yesterday, several large transactions were noticed on the bitcoin network, the amount of which amounted to almost $ 9 billion and broke all records from the first day of bitcoin's existence. Such a large transfer is associated with the hacking of Bittrex, but the company itself denies all rumors of an attack.
The platform has a reputation for reliability and has never been subjected to hacker attacks before. If the hacking rumors turn out to be true, will bitcoin have more distrust points and will it fall in price even more?
Current Articles
11.11.2024
Donald Trump’s victory in the U.S. presidential election has become a powerful catalyst for the cryptocurrency market. Since the election results were announced, Bitcoin, the first cryptocurrency, has begun to surge rapidly, reaching new all-time highs almost daily. On November 10, 2024, Bitcoin’s rate exceeded $80,000, setting a new record and surpassing the capitalization of Meta Corporation.
07.11.2024
With the development of cryptocurrencies, increasing attention is being paid to their potential in various fields, including charity and humanitarian aid. Stable cryptocurrencies like USDT (Tether) possess unique characteristics that make them particularly attractive for use in international donations and charitable initiatives. This article explores how USDT can simplify the process of international donations and enhance transparency in the use of funds for charitable organizations.