USDT (Tether) vs USDC (Circle) reserves☝️
USDT seems to be more diversified then USDC, as they’ve split their reserves into 7 different asset classes. Compared to USDC who are only diversified into 3.
USDT has a healthy 4% of their reserves in Gold, which is up 8% year to date SO FAR. They’re more likely to survive a liquidation process, compared to USDT when...
According to the news on May 17, according to the monitoring of the chain analyst Ember, the address starting with "0x0b89" just bought 1,082,733 ARBs for 1.3 million USDT again, with an average price of $1.2. It is reported that the address held for 3 days after buying ARB last time: on May 13, 1,529,810 ARB was bought with 1.81 million USDT, and sold at a loss...
When the USDT/USD exchange rate rises, it typically means that demand for USDT is increasing relative to USD. This could be due to a variety of reasons such as an increase in demand for stablecoins for trading purposes, or as a way to hedge against market volatility.
As BTC is often traded against USDT on many cryptocurrency exchanges, a rising USDT price could...
All stables market cap to total marketcap gives us overall stables dominance. Here I have very nice confluence with 3 different important fibbonaci level. Correction may be ended already, and this will cause a nice discunts on all crypto. ...
As a student of the art of trading, I have been monitoring the market conditions for Tether (USDT). The market cap for USDT is currently at 78.556 billion dollars, with a resistance level of 78.787 billion dollars and a support level of 72.467 billion dollars.
Looking at the technical indicators, the 20-day moving average (MA) is currently at 74.628 billion...
Ticker $X.USDT
Pros/Cons for a good friend.
1. USDT avoids volatility. See comparison chart below showing the relationship between the S&P500 and USDT. Note that there is not any existent co-efficient between the two.
2. USDT is prone to inflation. USDT is tethered to the US Dollar meaning it will be impacted by inflation. Example, 8.9% YoY.
3. Relationship...
Right I just got some time to get around looking into Tether after recent events, and I have to say I have never seen such an uneducated community get fooled by a "Merkle Tree" proof of reserves?
---Problem one---
The Binance CEO states a Merkle Tree is the best way to prove user funds, why does this not work? There is ZERO way's to check if multiple users are...
accumulation, and anticipating a breakout in USDT... Also the RSI is in a Descending Triangle Pattern w/ the AD pending upward movement through it, which will confirm New Money (smart money) buying...
This layout is used to understand the level of risk exposure in the crypto market.
There are 3 data, in order from top to bottom:
1. USDT+USDC+DAI: Market Cap main stablecoins.
2. USDT.D+USDC.D+DAI.D: Dominance main stablecoins.
3. Bicoin/Dollar.
The data seen together makes us understand whether investors prefer to go risk-off or risk-on based on the...
After a while I've been keeping my eyes on Cryptos and especially USDT, I found that its near to dump to trend line drawn.
Don't hold USDT and don't buy any crypto for now .It'd better change your stable coin or so.
Hello, because the blockchain is public we can see in real time when or if new money is flowing into crypto in the form of rising stablecoin marketcaps.
This is an important insight which would normaly only be visible to exchanges in classic fiat finance.
Without new money entering the market there wont be a sustained raise in crypto prices.
The graph shows the...
Stable coins marketcap have broken down the trendline vs BTC marketcap.
This is bullish for BTC!
Question is how low will we go?
Stable coins will always have a big part in crypto currency. But I'd rather we have less stables in the top 20 coins!
In todays analysis I want to focus on the stable coin dominance, which is calculated by the following formula:
(CRYPTOCAP:USDT+CRYPTOCAP:USDC)/CRYPTOCAP:TOTAL)
I'm only looking at USDT and USDC since they are the largest stables by far, and BUSD's marketcap is not available on Tradingview (afaik).
As seen on the chart, the stable coin dominance has been...
The stock market loses all value -80%, all thanks to overvaluations and free money (aka QE ABUSE), market manipulators start shorting USDT, we are not affected by these cheap tricks, they only scare shaky old ladies. 🤣
Could you at least bring someone who's scary? I make a lot of money when everyone has a wet diaper. 🤫
Enojoy the trend. 💎
