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Tether announced USAT, a new dollar-backed stablecoin tailored for US regulations. Bo Hines, a former White House crypto advisor, will be the subsidiaryās new CEO.By isolating it from other assets, Tether can permit limited audits that donāt impede its ability to mint new USDT tokens. The firm holdsā¦
The following article is adapted from The Blockās newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Friday! Sticky inflation and weakening jobs data are setting up an "almost ideal" backdrop for bitcoin, as investors hedge against currency debasement and macro uncertainty, Xapo Bankā¦
Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports reduce available foreign currency.Sanctions by the United States, which the Venezuelan government has characteā¦
Rippleās native cryptocurrency continues its downward trend, causing it to lose the third spot in terms of market capitalization.Tetherās USDT has taken it back after a few months of being fourth, as its own market cap has grown to $167,613,338 on CoinGecko.http://cryptopotato.com/wp-content/uploadsā¦
SBI Group, one of Japanās largest financial giants with over $200 billion in assets, has announced a major partnership with Chainlink, the leading oracle network in blockchain. The collaboration begins in Japan, known for its advanced financial system, and is expected to expand into global markets.Aā¦
Kek (KEK) will get listed on Poloniex on 25 August 2025, trading against USDT. Listings on large exchanges can help a coinās price because it becomes easier for new people to buy and sell. This can create more interest and trading volume. Sometimes, price goes up quickly before and after the listingā¦
Aave, a decentralized finance (DeFi) protocol with $70 billion in net deposits, has launched on Aptos, a layer-1 blockchain founded by former Meta employees. The move may deepen stablecoin and liquid staking token liquidity on the blockchain, two asset classes subject to regulation in 2025.Accordingā¦
Latin Americaās (LATAM) centralized crypto exchanges grew from niche platforms into critical financial infrastructure in three years, with flows increasing ninefold, according to new research.Dune Researchās LATAM Report revealed that 2021 annual crypto exchange flows in the region totaled $3 billioā¦
Key takeaways:The Bitcoin options skew and stablecoin activity show fear remains contained, pointing to limited downside pressure.Spot BTC ETF flows and top trader positioning confirm liquidity and resilience, signaling recovery potential above $120K.Bitcoin (BTC) fell to an 11-day low of $114,755 oā¦
CMB International Securities Limited, a subsidiary of the China Merchants Bank (CMB) ā one of Chinaās top banks ā launched a cryptocurrency exchange in Hong Kong.According to a Monday CMB WeChat announcement, the bank has started offering virtual asset trading services. The launch comes after the Hoā¦
Ethereum has surged to $4,300, its strongest rally against Bitcoin since 2021, sparking fresh debate over whether the next move is a blow-off top or a brief cooldown before liftoff.Ā According to analyst VirtualBacon, the path ahead could see ETH price retesting its $4,850 all-time high before targetā¦
Rippleās price is experiencing a pullback after an impulsive rally that began in June. As both the USDT and BTC pairs are now showing signs of bearish momentum, investors are cautiously looking to see if the available support levels can hold and prevent a full-on reversal.Technical AnalysisBy Shayanā¦