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tether Ideas

Storing Assets in USDT: A Comprehensive Guide for Crypto Investors

Should I store my assets in USDT? I will try to answer this question mostly utilizing the Fundamental Qualitative Analysis. Tether's USDT to USD $ 1 to 1 peg. 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 equals to $0.9987). What is a 1 to 1 peg? 1 to 1 peg is a practice of attaching or tying a currency's (or digital asset's) exchange rate to another currency, in our case a...

By NovaX
Updated 4 weeks ago
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World’s Largest Stablecoin Falls Below $1 Peg: What’s Next for Cryptocurrency Investors?

Tether's USDT Stablecoin Slips From $1 Peg. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are therefore unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

By NovaX
Updated 4 weeks ago
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Tether (USDT) Crisis Looms: What’s Next for the Cryptocurrency?

With the United States about to pass strict regulation regarding stablecoins which includes a measure to insure "Robust transparency, audit and reporting requirements," Tether is absolutely doomed, as they have consistently refused to confirm a 1:1 peg to the USD through an independent, third-party audit, which in my book, is because they're not doing it. Something is fishy with Tether and I would not be surprised if it has not maintained the 1:1 peg as it has claimed, but will soon be exposed as a fraud, and a ponzi scheme designed to benefit its owners at the expense of the general public. On April...

By NovaX
Updated 3 months ago
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Tether: Unraveling the Ominous Precedent and Scapegoat Narrative

The recent turbulence in the cryptocurrency market has sparked concerns about the safety of stablecoins, exemplified by the dramatic crash of Luna. Tether, a prominent stablecoin, faces scrutiny following revelations of misrepresented reserves and lack of transparency. The recent CFTC actions against iFinex Inc. shed light on these issues and underscore the importance of due diligence in cryptocurrency investments. It is crucial for investors to stay informed and exercise caution in navigating the volatile crypto landscape.

By NovaX
Updated 3 months ago
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Why Tether Should Be Avoided: A Comprehensive Analysis

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 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 itself because it stays pegged to the U.S. dollar. So, investors use this crypto coin to hedge against the US dollar. Investors use...

By NovaX
Updated 3 months ago
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The Dark Side of Tether: Why I’m Steering Clear

Tether as a Stable Coin What you’ll notice is that the price oscillates around the 1.000 mark. Main Purpose of Tether It’s what’s known as a stable coin. So its main goal is to track the US dollar’s price 1:1. Tether is not a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar. Use of Tether by Investors Investors use this crypto coin to hedge against the US dollar. They use Tether to gain exposure to the US dollar but in crypto form. Tether also sometimes acts as a “bridge” between the fiat and crypto world –...

By NovaX
Updated 3 months ago
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USDT Tether: Revealing 82.45% Reserves in U.S. Treasury Bonds

SIVB SVB Financial Group experienced a significant bank run, resulting in a $1.8 billion loss from bond sales to raise funds. With a poor yield of 1.79, the situation is dire for the group. On the other hand, USDT Tether announced rapid equity growth on Dec 2nd, 2022, with 82.45% of reserves in U.S. Treasury bonds and cash equivalents. Speculation arises about Tether's yield amidst these developments. The possibility of witnessing the collapse of USDT Tether looms large given the current circumstances.

By NovaX
Updated 3 months ago
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USDT Tether: Unveiling the Impending Collapse and Its Ramifications

Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines. But that's not all! The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC). This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding light on various transactions, fraudulent activities, and instances of price manipulation linked to tether, which significantly influenced the surge in Bitcoin's value. Of particular interest to regulatory authorities is the revelation that CZ has agreed to provide the SEC with access to tether transactions, signaling a deeper...

By NovaX
Updated 3 months ago
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