intersting this is very interesting first one ever,on this chart ,i don"t know what this means, keeping a eye on it. signifies a anchor wave, USDT going to fall? looking for a trigger wave ...by superkitty222
10 Trillion USDT Supply by 2026-2027At the current rate of growth i believe the supply of USDT will surpass 10 trillion in circulation in 2026. by SavvyEvelynCharts5
Printer Jam (Dec 2020)Tether USDT Market Cap (December 29th 2020 through June 2021) Taking a closer look on the monthly chart against Bitcoin/USD and Bitcoin/USDT Cryptos are having a good season and: -tether market cap has done nothing but go up since November 2018 -tether could be in trouble along with the entire crypto market if heavy US regulations are put into place (e.g. STABLE Act) -the entire market could just be in trouble if some bizarre political event occurs soon, even if just temporarily due to a flash of fear Full chart: Some thing I have yet to fully consider is the possibility for the downtrend from summer 2019 to the march 2020 crash reflected in the bitcoin price to only be a smaller part of the larger trend, as it shows here that tether's market cap has not stopped being used since. I did consider this a little bit when I was trying to create my own long term elliott wave forecast with bitcoin but it could end up being very incorrect. Check the related ideas for that. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!by Hambooger1
Tether Printer Go Brrrrrrr? (December 2020)Tether USDT Market Cap (December 29th 2020 through June 2021) Low: 28-88k High: 116-188k It really really depends on how everything in the markets play out. Tether's market cap looks overinflated but I don't know what correlation can be drawn from this metric. All I see is that tether hasn't stopped printing since November 2018. I think we could either have an amazing run all the way to 188k or we stop short at 116k and fall flat to below 88k, 28k as a bearish target in my mind. I don't think the trend channel I've put in will be accurate but we will have more clues once that is broken. There could be some seriously huge candles coming soon with all the madness going on. I also didn't have enough data in the chart history from before Aug 2018 to see if my trend based fibonaccis are correct but I'm taking a shot in the dark based on what I have of the current wave. 1 thing to consider is the recently suggested STABLE act in congressional oversight, which could stand to hurt Tether and the crypto markets as a whole if enacted. This could be a wild ride regardless what happens in the next few months. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!by Hambooger552
M1 Money Stock, USDT Market Cap & BTC correlationM1 Money Stock, USDT Market Cap & BTC correlationLongby naailh71
Tether & BTC - copying FED with printing moneyTether is still creating new money - usdt - which are then pumped into market and the correlation is there more than clear - more USDT means more money to be used for buying/long bitcoin. There is almost 4 times more USDT tokens than were on June 2019, when price was hitting 14k. I feel like, there is so much USDT waiting to enter market, when bitcoin will continue it´s rallye above all time high.Longby Paraman6662210
USDT, is it a safe heaven? like and follow for updates will crypto traders wake up one day with a disaster of USDT crashing? Do you think USDT is a real safe heaven? 10.4 B is a mighty resistance for USDT.so, can we see a real crash from there? shall we go for the FIAT instead of stable coin? it is an open discussion ,so tell me your opinion by DR-SherifAborehab1
2020 Tether Market Cap Correlation to BTC Price ActionInteresting correlation between Tether market cap and BTC price action. So far in 2020, Tether market cap pumps have acted as a precursor to big BTC rallies. Tether market cap pumped on: 1/6/20: BTC rose 43.06% 4/1/20: BTC rose 56.9% Average 2020 BTC move following a Tether market cap pump = 49.98% We just saw another Tether market cap pump on 5/14/2020. If the trend continues and BTC makes the average 2020 move (49.98%), $14k - $15k BTC incoming. Will be interesting to see if the trend continues. Longby ll21LAMBOS213321
~40% more tether was just "printed" - bitcoin pump soon?this is HUUUUUGE (in Trump voice)... USDT market cap just shot up nearly 40%. USDT is tether - one of the first crypto stable coins that is supposedly pegged to the USDollar but no one has clearly audited it so many believe, myself included, that it is used to print tether and pump bitcoin to manipulate the price. The founders (who also founded one of the largest exchanges have been investigated in the past). I expect within a few days tops we see a monster move up. maybe sooner. There are several people aware of this now so the tether accumulators may move faster this time. I don't know if they will first want to orchestrate a dump, but the rising wedge and ascending wedges that are forming I could see a play towards 10.5k next before small pullback to fill in the wedge more and then a clean break to 14k very possible if we can break 10.5k. Maybe that's what this $2.4 billion USD worth of freshly minted tether is signalling what it will take to break 10.5k? I'll be adding on the breakout with tight stop just underneath. en.wikipedia.org(cryptocurrency) THIS IS NOT FINANCIAL ADVICE. DO YOU OWN RESEARCH. I'M ONLY PROVIDING MY COMMENTARY FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES.by DropDead_Fed6
Tether printing and Bitcoin price correlation.Everytime Tether prints huge amounts of USDT, Bitcoin price rises. 2.5 billion added to circulating supply at Coin Market Cap last night.Longby evillz1113
USDT marketcap and BTC correlation.Statistically a rising USDT marketcap precedes a pump in BTC, while a constant USDT marketcap precedes a decline.. Draw your own conclusion.. by TheEWGuy13
USDT - Stablecoins, crypto, market cap growthWill these market caps ever stop going up? USDT, USDC, PAX, BUSD, TUSD, DAI . Maybe XUSD crypto comingby Mavski5
TETHER PRINT 1.53 BILLION USDT OVERNIGHT FROM THIN AIR!I spy with my little eyes Tether printing 1.5 B, yes BILLION USDT out of thin air. Not only are the central banks printing unlimited FIAT to keep the economy afloat, we too are seeing USDT just being minted out of thin air in the Crypto universe. Now supposedly this is backed by 1.5B in Fiat US dollars but after seeing how shady Tether has been in the past, I personally highly doubt this is the case. Even if it is backed by fiat, that too was created with a click of one button so what difference does it really make?! How coincidental this happens to be on APRIL 1ST LMAOO this whole thing really is a joke I would not be surprised at all if we see extreme volatility and more pump and dump action come into the market in the very near future. 1.5B USDT is more than enough to give the market a good shake because remember that 1.5B USDT is NOT the same as 1.5B in market capitalisation. For me personally, my plan remains the same. Sit back and watch this all play out, let this market properly bottom and let BTC form proper bottoming structure before going risk on. Guys NEVER forget the 3 basic principles of trading and investing: 1) Preserve thy Capital 2) Protect thy Capital 3) Grow thy Capital Or in other words… 1) Don’t lose money 2) Make Fucking sure you don’t lose money 3) Grow your money These markets were made to take your money NOT make you rich. Never get so caught up in the 3rd principle that you lose sight and disregard the first 2. Without capital, you have no game left to play! With that said guys, I’m very curious what’s your opinion on all this, how do you think this will impact the market? Be sure to let me know in the comments below! If you liked todays little lesson and want more from where that came from please show some love by hitting that follow and like button! Longby Kudiiee3314
RANDOM THOUGHTS ON TETHER - WE REALLY NEED IT OR EXCHANGES DO?Hi everyone, I am exploiting this weekend of quarantene for listening to music and reasoning about markets. When they are closed it is perfect as I can focus on details and reason with cool mind. "Make sure before you get in, you know the insurance won't cover this" as Marylin Manson says in one of his songs, is exactly what came to my mind when I think of tether, alts and exchanges that allow you excessive leverage. We have 4billions of tether around, 600 millions printed in 2020 only. Currently #4 crypto by market cap. Fourth! Without entering the discussion on whether they are backed or not by real collateral in usd, where all this money goes? What is the point of having a crypto like this? It is pegged to 1usd and controlled by a centralized entity, both of these features are the opposite of bitcoin vision and goal it was created for. I understand that it allows to park liquidity in bad times (me personally I never used tether in my pluriennal crypto experience), but if you do not wanna risk to lose when bitco goes down, why not simply sell and keep the amount in usd or eur? There are plenty of exchanges that does it out there. They are centralized? So is tether, with the difference that exchanges like Kraken have much better security and they also have to comply with legislators. USDT is part of a mechanism that exacerbates market fluctuations and allows intraday trading on nothing (because some alts are NOTHING for real), as well as excessive leverages do (remember that with a 10x leverage you just have a 10% market move against you allowed before getting rekt, just 5% with 20x and only 1% with 100x). You have money ready to use, to bet on another 50x bet. Some exchanges (you know which ones) want you to trade and provide you with things that have nothing to do with crypto. In the top 15 we find another stable coin (UNUS SED LEO) and a utility token of Binance BNB that is used for trading. We do not even talk about BCH which is a joke, XRP who is simply not a decentralized thing and EOS that got 8 billion in IPO but delivered NOTHING and is now worth less than 2 as I write. My impression is that the alt market, beside the top 5, is completely kept alive by this thing called USDT, that in the end works against us: imagine if we all buy Bitco instead of dissipating our efforts and our money on 2000 cryptos. What do you think? Let me know in the comment section below after a welcomed LIKE and FOLLOW to be updated on my ideas. Do not worry about spam as I am not an intraday trader!by edutradinguru5
Is Tether supply being used to keep BTC from crashing further?Never has this happened in the history of USDT market cap chart.Shortby evillz1
Tether (USDT) and Bitcoin market cap and volumeThe increase in supply of Tether is highly correlated to the price of Bitcoin. Tether trading volume is increasing while Bitcoin trading volume is decreasing.by evillz116
BTC cap & USDT gap. Whats next? Last time we saw a correction, Bitcoin felt it badly. What’s next this time? Cash out and new low.. or cash into Bitcoin and BTC goes nuts. Comment below what you think. Shortby Cryptovicci115
Bitfinex Completes Chainswap with EOSFinexBitfinex, a cryptocurrency exchange, in conjunction with EOSFinex, reported a complete chain swap. They successfully convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol. Based on a press release on October 5, the firms want to give the EOS DApp ecosystem with a stable and liquid store of value. And they aim to diminish the risks of digital assets’ volatility. CTO Paolo Ardoino stated, “Promising projects aren’t getting the light of the day with current congestion and volatility issues on other chains. And that is why there’s higher DApp usage on EOS.” He also added that EOS lacked a stablecoin, which might support these projects to manage exposure to price volatility. On the announcement, currently, peer-to-peer micropayment infrastructure of EOSIO powers 49% of the top 100 decentralized applications (DApps). And it is also of the top seven of the top 10 DApps with the highest 24-hour transaction activity. EOS Blockchain Protocol Meanwhile, in a report on October 4, users of EOS blockchain protocol have been experiencing recurring issues with network access. And this has been occurring for the past few weeks until now. In addition to that, a pseudonymous smart contract developer and security engineer Dexaran wrote an article recently. And they described the probable root of the problem. It is an inexpensive technique that lets hackers congest the network. Also, it could set into a low-efficiency mode, with a few dollars worth of EOS. Apparently, the said exploit gave the hacker a chance to steal over $110,000 in cryptocurrency. And it was from an EOS gambling application EOSPlay earlier in September. But EOS’s parent firm Block. one executive became unfazed. They even argued that the network is running properly. Moreover, stablecoin firm Tether and its affiliate exchange Bitfinex recently said they foresee a lawsuit – alleging USDT token being involved in market manipulation – as the result of yet unpublished researched.by Financebroker7
USDT - "May I stand unshaken Amid, amidst a crash of worlds."Say the chorus of the melody "Unshaken" of the singer D'Angelo, the crash of worlds that we can see between the concept of Fiat currency, Cryptocurrencies, and the Blockchain technology in our modern society. Where our today main character, found the middle ground and its name is Tether. Tether (USDT) is a controversial cryptocurrency, created to be a stable coin, that is, it's designed to be worth $1.00 always, maintaining $1.00 in reserves for each Tether issued. However, the audit over these reserves has always been a controversial matter, simmered by the New York State Attorney General (NYSAG), that discovered while building the case against Tether and Bitfinex Exchange (affiliated company) a hole of $850 million in Tether funds allocated in unpaid loans and seized by foregein authorities. Despite all this controversy, legal tangles with enforcement laws agencies. Tether has been gaining prominence, after becoming the fourth biggest cryptocurrency by market cap and the biggest one in daily volume, passing even the Bitcoin in this category. One curious fact is that we tend to think that Bitcoin is the ultimate solution, for that dystopic situation were governments impose capital restrictions. However, that wasn't what happened. Recently was reported that Chinese importers in Russia are buying up to $30 million a day of Tether from Moscow over-the-counter trading desks. The use of the stable coin has the purpose of sending vast sums back to their home country, which has strict capital controls, a more significant concerning than know if the token is backed or no. Another matter regarding the Tether tokens it’s the dependency relationship created by the Bitcoin that has its daily inflow majority coming from Tether tokens. Studies have been correlating the Bitcoin upward movements with the Tether issuance. According to TokenAnlyst Bitcoin increased in price in 70% of the days that Tethers tokens were minted, in details, the upward movement happened in 70% of the days were the issuance happened in Ethereum Blockchain and 50% of the days when created on Omni. The discrepancy's likely to be related to the first form of issuance (Ethereum Blockchain) be easier and faster than the Bitcoin Blockchain (Omni). This type of information can help us to understand better or have a broader view when speculating about the Bitcoin movements. So as Bitcoin and Fiat currencies brawl for the nobility of being the trustable and used currency by the people. The Tether that ironically has all unreliable and suspicious characteristics, that currency and institution could hold still thriving amidst a crash of worlds. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial adviceby Igor-Silva1138
USDTRecently, MACDs have been reversed. There is no guarantee that it will fall, but it is likely that it will fall. We need to see whether this money goes to BTC or Altcoin. I think it will flow more into Altcoin.by readCrypto3