Crypto Market: Tether Value Plummets Post-MiCA
Tether’s $USDT market cap fell over 1% to $137.24B due to EU MiCA regulations, sparking volatility concerns; 80% of trading volume remains in Asia, minimizing impact. #Update #Crypto @Tether_to → -2
Tether’s $USDT market cap fell over 1% to $137.24B due to EU MiCA regulations, sparking volatility concerns; 80% of trading volume remains in Asia, minimizing impact. #Update #Crypto @Tether_to → -2
@Tether_to shifted 8,400 $BTC worth $780M to its reserve, marking its largest move since March. #Breaking #Crypto @Tether_to ↗ +8
@Tether_to expanded its $BTC holdings by 7,629 BTC worth $705M, now holding 82,983 BTC valued at $7.68B amid EU MiCA regulatory tensions. #Breaking #Crypto @Tether_to ↗ +8
Tether invests $775M in @Rumble, boosting video hosting and cryptocurrency initiatives with a $20M Bitcoin reserve, enhancing digital freedom.
@Tether_to invests $775M in @rumblevideo for decentralization, boosting Rumble stock 35.89% to $9.77 post-announcement (Dec 2023); deal closes Q1 2025 pending approval. #Update #Crypto @Tether_to ↗ (+35.89)
Tether integrates Hadron API by Feb 2025, enabling seamless real-world asset tokenization. This $12B sector impact expands investment opportunities in crypto. @Tether_to #AssetTokenization #CryptoInnovation
Tether invests in StablR to comply with Europe’s MiCA regulations, enhancing its market presence with MiCAR-compliant stablecoins EURR and USDR. This strategic move supports Tether’s alignment with Europe’s regulatory landscape, focusing on risk management and transparency.
Kazakhstan is emerging as a strategic hub for crypto and tech firms, attracting $USDT, $TON, @Google, and others with regulatory advances like licenses for Binance and Bybit. This initiative could boost jobs and foreign investment. #Update
Tether’s $USDT receives regulatory approval in Abu Dhabi, becoming an accepted virtual asset under ADGM’s framework. The move supports the UAE’s economic vision, with plans for a Dirham-pegged stablecoin and a partnership with @0xPolygon for token standards.
$USDT wallets reach 109M, rivaling $ETH’s user base and surpassing $BTC. Tether holds 97.5% of stablecoin supply across 25 blockchains, driven by retail users and a shift to self-custody after FTX’s collapse.
Tether halts new EURt issuances, citing EU MiCA regulations, and shifts focus to Hadron for compliant tokenization. Dutch fintech Quantoz will issue stablecoins EURQ and USDQ using Hadron, signaling Tether’s commitment to navigating Europe’s regulatory landscape.
Tether halts $EURT, aligning with EU’s MiCA regulations. By 2025, users must redeem assets. Exploring new stablecoins $EURQ and $USDQ to ensure regulatory compliance and innovation. #Update
Cantor Fitzgerald, led by Howard Lutnick, partners with Tether on a $2 billion Bitcoin lending initiative. This move aims to integrate traditional finance with crypto markets, potentially reshaping financial landscapes as Bitcoin gains mainstream traction.
Cantor Fitzgerald buys 5% stake in Tether for $600M. CEO Howard Lutnick’s upcoming role as U.S. Secretary of Commerce may ease regulatory pressures. Tether shows resilience with $7.7B profit in early 2024. $USDT #Update