USDT.D has respected its HTF macro downtrend, rejecting in a very similar fashion to what we saw in 2023.
The first key point of interest sits at 6.57%. If USDT.D bounces from there, $USELESS will likely see a short term LTF rejection. However, if USDT.D breaks below this level, it would confirm that the recent move was simply a bearish retest, opening the door for $USELESS to reclaim and push above $0.26
Until 6.57% breaks, we are not fully out of the woods. But so far, so good. My spot looks good.
USDT on TRON has become CoinsBee's most-used onchain token and payment option.
The global crypto gift card platform continues making cryptocurrency accessible for everyday purchases worldwide. @trondao
USDT Yield Leads, USDC Round-Trips A Billion
$USDT's yield warning hit 4.81% APY on four of seven sessions with TVL leaving $183.29B. USDC redeemed over $1B twice yet ended down only $76.01M. Blacklists fell to 129 events from 656. PSI held BEDROCK.
See the map.
USDt on Liquid is moving on Bitfinex again. Deposits and withdrawals of Liquid USDt are live and working, so you can move USDt between Bitfinex and your SideSwap wallet in both directions. L-BTC deposits and withdrawals on Bitfinex remain paused for now.
"USDT is the offshore remittance and trading rail for much of the world." – @syrupsid, our Co-Founder & CEO, on Tether's strategy amid new stablecoin competition, in Sandmark.
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