Tether is eventually going to crack and will become depeg from the USD. When this happens - much like TerraUSD, it will lose massive amounts of marketcap and come tumbling down to pennies on the dollar. This will likely coincide with the failure/collapse of Binance.
Don't hold your buying power in USDT, USDC or any other stable coin or you could lose it in a flash!
I have been checking USDT/USD pair since last weeks, and already had some thoughts that something is coming, before the news came out about Huobi. Honestly, I was expecting that something will happen to Binance, but...
Currently, Important price level on USDT is 0.9898$
Breaking below, may lead the price lower.
Ofcourse this will affect negative on Crypto...
USDT, the so-called stable coin, is now below the Bullish Control Zone on the RSI and is showing MACD Hidden Bearish Divergence on multiple Intraday Timeframes at this level after failing to take back the 55 and 89 EMAs. If this goes as any other chart normally would, I would expect it to go back down to the lows of the range, which in this case would take us down...
SIVB SVB Financial Group suffered the most severe bank run since Lehman Brothers for selling bonds at a $1.8Bil loss just to raise cash!
They had one of the worst possible yields as well: 1.79.
USDT Tether said on Dec 2nd, 2022, that its equity is expanding swiftly, with "82.45% of the reserves held in U.S. Treasury bonds and other cash equivalents."
What yield...
Tether, the issuer of the stablecoin leader USDT, had announced in its reserve report last week that it held $1.5 billion in bitcoin, or about 2% of its reserves Just last night, Tether officially announced that it will be buying more bitcoin on a regular basis.
Tether to Use 15% of Net Profit to Buy Bitcoin
According to Tether's official tweet, the new reserve...
Tether isn't looking too hot right now. I haven't calibrated Cycles to work with stablecoins, but I'd assume that the seasonal current (purple) crossing the yearly current (fuchsia) is... problematic.
Maybe don't keep all your funds in $USDT.
The clustering of energy confirmations is also a very poor sign for $USDT. (Not enough historical data to say what comes...
Now Tether is not your usual crypto currency. It’s not something you buy low and sell high.
What you’ll notice is that the price oscillates around the 1.000 mark.
It’s not your usual crypto currency. It’s what’s known as a stable coin. So its main goal is to track the US dollar’s price 1:1
And tether is not a long-term investment that will grow your money by...
I absolutely agree that Tether is yet another Penny crypto that should not be touched with a 10 foot pole.
Now Tether is not your usual crypto currency. It’s not something you buy low and sell high.
Take a look at the chart before I continue.
Tether is not one I would consider buying.
What you’ll notice is that the price oscillates around the 1.000...
It seems interesting how USDT is acting more like traditional crypto asset now, than stablecoin.
You can clearly see trends, volume profile and price targets.
We don't want to be right about this, but if USDT is depegged from USD, that means that huge crypto crash is coming
Hello guys,
i want to discuss with you the new trend of the previous couple weeks. Tether
I would like readers to comment there opinion
Is it possible that crypto will end like this ❓❗
The largest stablecoin at the moment (Tether USDT) has drawn rumors since it hasn’t made its supporting documentation public.
This comes after numerous opinions from the...
The recent market volatility and unprecedented movements in the cryptocurrency market brought along the critical question of stablecoin safety. Just within a matter of a few days, the whole cryptocurrency market was shaken up by the downfall of a stablecoin named Luna, which lost 99% of its value; this sets the ominous precedent for what might occur in the Tether...
Every recession has resulted in liquidity issues. The prior two resulted in treasury market illiquidity through bank runs. The treasury market is the largest and most liquid market in the world.
I'm sure Tether will be fine though...
Tether's USDT Stablecoin Slips From $1 Peg.
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This...
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...
Comparison of 3s pairs as well as a few highly volatile pairs on Kucoin during the current bear market downtrend. Published by request of OnlyTradingZaddys, for the love of dads who sip coffee , shitpost, and have meetings at the ass crack of dawn. Cheer's frens 🧡
GL HF BS GN 🦊
COINBASE:USDTUSD
Should I store my assets in USDT?
I will try to answer this question mostly utilizing the Fundamental Qualitative Analysis.
Tether, USDT is a well known stablecoin (reference the chart). There are many just like it, Circle's USDC, Binance's BUSD, MakerDAO's DAI, they all promise a 1 to 1 peg to the USD (at the time of writing 1 BUSD is...
I think we are not far away from this scenario. To be honest everything is going south so I'm expecting that we can see in upcoming weeks crash of USDT.
