Bitcoin Bulls Face Key Challenge: Bennett
DailyHodl: Crypto analyst Justin Bennett warns $BTC may struggle to break out as Tether dominance holds above 4.37%, signaling bearish sentiment. Bitcoin trades at $97,271. #Update #Crypto $BTC (-3) ↘
USDT
Stablecoin Firm Plasma Secures $20M Funding
DailyHodl: @PlasmaFDN, backed by Peter Thiel, raised $24M in a round led by Bitfinex and Tether to enhance stablecoin blockchain solutions. #Breaking #Crypto $USDT (+9) ↗
Bitcoin: Tether Denies JPMorgan’s Sale Claim
@Tether_to refutes @JPMorgan’s claim it must sell $BTC to comply with US stablecoin regulations, citing strong financials and adaptability #Update #Legal $BTC (-3) ↘ (Cryptoslate)
Quantum Computing Threatens Bitcoin Security
DailyHodl: Tether CEO Paolo Ardoino predicts quantum computing could enable Bitcoin ($BTC) theft from lost wallets, but emphasizes it won’t impact the 21 million BTC supply cap. #Update #Crypto $BTC (0) →
Tron Surges as USDT Balance Peaks
NewsBTC: @Tronfoundation’s network activity surges with USDT transactions nearing all-time highs after two $1B mints, driven by stablecoin and memecoin growth #Update #Crypto $TRX (+6) ↗
AI Breakthrough: Brain Signals to Speech
CryptoSlate: @Tether_to’s AI tech translates brain signals into speech, aiding speech-impaired individuals; $USDT serves 400 million users in emerging markets. #Update #AI $USDT (+4) ↗
Crypto Market at Pivotal Levels Warns Analyst
DailyHodl: Crypto analyst @JustinBennettFX warns of potential market correction as Tether dominance hits pivotal levels, impacting $BTC and $ETH trading. #Update #Crypto $BTC (-3) ↘
Blockchain Rumors Quashed Tether Embraces AI
CryptoSlate: Tether CEO Paolo Ardoino refutes blockchain development rumors, emphasizing AI innovation focus with privacy-centric applications on user devices. #Update #Crypto $USDT (+3) ↗
AI Revolution: Tether Unveils Open-Source SDK
CryptoSlate: @Tether_to expands AI capabilities with new apps and an open-source SDK, despite USDT facing delistings due to EU regulations. #Update #Crypto $USDT (+3) ↗
Stablecoin Tether Reports $7B Excess Reserves
DailyHodl: An audit by BDO Global reveals @Tether_to had $7 billion in excess reserves at 2024’s end, with significant holdings in cash, metals, and Bitcoin. #Update #Crypto $USDT (+3) ↗
Stablecoins Surpass Visa Mastercard 2024
CryptoSlate: Stablecoin transfers hit $27.6 trillion in 2024, surpassing Visa and Mastercard’s combined volume by 7.68%, with @CEX_IO reporting significant bot-driven trading on networks like Solana. #Update #Crypto $USDC (+7) ↗
Tether Overcomes MiCA Hurdles with Hadron
CryptoSlate: @Tether_to highlights its Hadron platform and investment in @Quantoz amid USDT delistings under MiCA, emphasizing regulatory compliance and innovation. #Update #Crypto $USDT (-4) ↘
Crypto.com Delists USDT for MiCA Compliance
@cryptocom delists $USDT and nine other tokens to comply with MiCA regulations, offering users until March 31 to withdraw assets before automatic conversion. The move follows regulatory approval from the Malta Financial Services Authority. #Update #Legal $USDT (-4) ↘
Track Wallets Balance Asset Correlation
Santiment offers a streamlined way to monitor whale wallets, including those linked to the Trump family, which have shown increased activity in DeFi coins since his inauguration. Check out their Whale Watcher CEX Deposits dashboard for insights. #Update #Crypto (+3) ↗