Tether Continues Expansion, Launches On Tezos

Tether has been making several big moves lately despite recent concerns about the ripple effects of the Terra UST stablecoin collapse. Now the leading stablecoin has officially launched on yet another blockchain.

Timeline of Tether, Tezos

Paolo Ardoino, chief technology officer of Bitfinex and Tether spoke on Tether's expansion plans into Latin America. The post Interview: Bitfinex/Tether CTO Paolo Ardoino Weighs Speaks to Tether Expansion Plans in Latin America appeared first on BeInCrypto.

Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today's session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued its recent run on Thursday,

Tether announced today that it is launching its USDT stablecoin on the Tezos blockchain, days after it expanded to Polygon. The post Tether's USDT stablecoin launching on Tezos appeared first on The Block.

The cryptocurrency market is once again looking like a sea of red courtesy of the price swings within its narrow range. However, there are those that manage to stand out by moving contrary to the rest of the market and XTZ is one of them.

New York, NY, 6th June, 2022, Chainwire Former professional soccer player Demit Omphroy has launched his first-ever Tezos NFT collection with The Gap. The Gap has chosen Tezos NFT project DOGAMI for the first-ever fashion collaboration in the petaverse. Digital Gap logo hoodies specifically designed for DOGAMÍ avatars will engage players to express their virtual pet's individual

Tezos price analysis for today shows XTZ prices have been on a roller coaster ride over the past few weeks, however, things seem to be stabilizing at around the $2.10 mark. This is good news for those who have been holding onto their XTZ tokens, as it means that they are not likely to see.

Over the last 24 hours, several cryptocurrencies have observed recovery, with Bitcoin itself trading 4% above its 5 June's closing price. Tezos is one token that has also made significant progress in correcting the losses that the token witnessed from the Terra crash of 9 May.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Tezos has been bearish on higher timeframes, and the crypto asset has lost 60% of its value on the charts since the turn of the year.

Tezos price analysis indicates the prices are currently at a critical juncture and a breakout is imminent. Bulls are striving to keep prices afloat around $1.89 as a minor bullish trend takes shape.

The crypto space continues to sink deeper into the abyss, and now Tether – an alleged stable currency – is showing signs of falling victim to the heat in the crypto kitchen. Tether saw itself trading for less than $1 for the first time just a few weeks ago.