Nobody ever charts Tether Limited Inc. Real ones say that the markets move the news, not news moves the markets.
if this is true, will there be USDT news around September 11th??
The Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange controls Tether Limited Inc. Tether has a market cap around $66 Billion. This stable coin has been minted on at least 10 protocols and blockchains. With a global daily trade volume approx. $20billion, it supports a huge portion to the health and stability of the crypto markets.
What happens if this stablecoin becomes unstable? Who will be affected? What are the consequences of a such an event?
May 2022 - News headlines report USDT stable coin unpegged from dollar falling to $0.95. | in the past, per our candle charts, we can see that USDT has had a lot more volatility in the past when there were less users, less liquidity.. This recent dip to .95 cents left behind a trail of data points. Indicators use these data points to inform traders and trade bots to execute to buy or sell markets.
This chart reflects the daily levels and trends influencing USDT. I'm curious if something will surface in the news about Tether Limited Inc or its parent/sister companies in the coming days or week.
Price is being suppressed by a daily trend and daily origin level. Trends break or are respected over time and price is hitting trend. Will it be respected and bounce up to 1.0006? will it distribute to the supporting Origin hold level and FS hold levels for support at 0.9991 area's?
This is the start of some volatility rocking USDT's figurative boat. Will conspirators be vindicated by a total collapse of USDT or will USDT be regulated of out US markets with the introductions of a USD CBDC? We'll see.
if this is true, will there be USDT news around September 11th??
The Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange controls Tether Limited Inc. Tether has a market cap around $66 Billion. This stable coin has been minted on at least 10 protocols and blockchains. With a global daily trade volume approx. $20billion, it supports a huge portion to the health and stability of the crypto markets.
What happens if this stablecoin becomes unstable? Who will be affected? What are the consequences of a such an event?
May 2022 - News headlines report USDT stable coin unpegged from dollar falling to $0.95. | in the past, per our candle charts, we can see that USDT has had a lot more volatility in the past when there were less users, less liquidity.. This recent dip to .95 cents left behind a trail of data points. Indicators use these data points to inform traders and trade bots to execute to buy or sell markets.
This chart reflects the daily levels and trends influencing USDT. I'm curious if something will surface in the news about Tether Limited Inc or its parent/sister companies in the coming days or week.
Price is being suppressed by a daily trend and daily origin level. Trends break or are respected over time and price is hitting trend. Will it be respected and bounce up to 1.0006? will it distribute to the supporting Origin hold level and FS hold levels for support at 0.9991 area's?
This is the start of some volatility rocking USDT's figurative boat. Will conspirators be vindicated by a total collapse of USDT or will USDT be regulated of out US markets with the introductions of a USD CBDC? We'll see.