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Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K

Coinedition LogoCoinedition13h ago

Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K - Coinedition

Quick Summary:

Tether, the stablecoin firm behind USDT, injected a massive 1.845 billion USDT into exchanges on the Ethereum blockchain network, which may be one reason why the price of Bitcoin (BTC) skyrocketed in the past 24 hours and reached a new all-time high at $76,000.

According to a post on X (formerly Twitter) by Spot On […]

The post Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K appeared first on Coin Edition.


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Article Details

Author / Journalist: Anisha Pandey

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:15:17 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 131 words

Reading Time: 1 minutes read

Sentences: 44 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23458403

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K" was covered 13 hours ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 12 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/tether-injects-18b-into-exchanges-17309652355997

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