On Jan 30, 2025 at the inaugural PlanB Forum in El Salvador, Tether announced it is bringing USDT to Bitcoin and the Lightning Network.
The crypto market might be in for a surprise as a well-known crypto analyst predicts a significant rally for a competitor of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: The analyst, known as Inmortal, shared on X platform that the meme coin Floki (CRYPTO: FLOKI) is showing a Relative Strength Index (RSI) pattern similar to one that previously resulted in a 200% price surge.
Shiba Inu (SHIB) has remained a prominent cryptocurrency in recent years, gaining attention from investors due to its potential for significant price increases. Despite recent struggles in the market, many holders are still optimistic about its future performance.
Explore Plus Wallet's community-first approach, USDT rewards, and top-tier security. Also, Explore Phantom Wallet's announcement and Bitget Wallet's global success.
Lightchain AI is emerging as one of the most promising cryptocurrencies, with analysts predicting an extraordinary 8000% growth potential in the coming year. As the demand for decentralized AI solutions surges, Lightchain AI is uniquely positioned to surpass other popular tokens, including Shiba Inu.
Shiba Inu key developer Kaal Dhairya has provided an important clarification regarding Shibarium, the project's Layer-2 solution. According to Dhairya, Shibarium is a sidechain built on Ethereum as opposed to many L2 solutions that can be costly to settle and often rely on centralized operators.
Bitcoin swung wildly thanks to DeepSeek fears, Fed hopes, and Trump tariffs, while Bitcoiners got mad at Ripple over U.S. reserve plans.
Kraken will discontinue support for five stablecoins to comply with Europe's crypto asset regulations.
The crypto industry is evolving at a breakneck pace, with some players managing to establish themselves well beyond their original ecosystem. Tether, the undisputed leader of the stablecoin market, has just released a financial statement that illustrates its rapid ascent.
Shiba Inu price is much awaited to reach the $0.01 mark, with recent developments igniting optimism toward the monumental feat. Against the backdrop of a staggering 1.1 billion SHIB tokens burn in January and recent ecosystem advancements, market watchers are highly bullish on the dog-themed meme coin.
According to a recent tweet issued by Shibburn, the weekly burn rate of the second largest meme cryptocurrency Shiba Inu has displayed a large four-digit increase, surpassing 2,000%.
Kraken will delist Tether's USDT and four other stablecoins in Europe to comply with MiCA regulations, following a phased approach to minimize market disruptions.
Tether Holdings' Q4 2024 report showed the company's dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year.
Kraken, one of the world's largest crypto exchanges, has announced that it will delist Tether (USDT) and four other stablecoins in the European Economic Area (EEA). Meanwhile, the delisting process will unfold in multiple stages, with automatic conversions of remaining holdings set for March 31, 2025.
Tether has taken a major step in expanding its presence in the cryptocurrency ecosystem by integrating USDT into Bitcoin's core network and Lightning Network.
Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term.
The stablecoin market hit a peak record of $224 billion, with USDT and USDC contributing the most to the growth. According to the popular cryptocurrency data aggregator CoinMarketCap, USDC is continuously gaining ground over multiple other stablecoins.
XRP has seen a drastic drop in on-chain transaction volume, falling from 1.1 billion to just 100 million, raising concerns about liquidity and market health. Despite this, XRPs price remains steady at $3.10, maintaining bullish momentum above key moving averages, including the 50 EMA.
Stablecoin issuer Tether says it made $13 billion in profits during 2024. That “eye-popping” figure — as Bloomberg News put it in a report Friday (Jan. 31) — would put the closely-held company in the same company as Goldman Sachs.
A mini death cross has just been formed by Shiba Inu, suggesting that there may be bearish momentum ahead. An important technical event that has the potential to prolong the current downward trend is the crossover between the 26 EMA and the 200 EMA.
T3 FCU, a group consisting of Tron, Tether, and TRM Labs, helped Spanish authorities freeze $26.4 million used in a crypto money laundering operation.
Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin's ‘Unmatched' Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network.
The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token's significant supply.
Tether reported $7.8 billion in Bitcoin (BTC) holdings in the fourth quarter, which boosted its profits to over $13 billion last year. The company's informed price of $93,812 puts its Bitcoin stash at 83,758 BTC.
The Toncoin (TON) market has been facing increased volatility in recent months, especially following the arrest of Pavel Durov in August 2024. The event led to a mass sell-off, with investors parting ways with over 890,000 TON tokens.
The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin.
Tether has reported a profit of $13 billion for 2024 amid diversified investments push.
Shiba Inu's lead ambassador, Shytoshi Kusama, recently hinted at a significant new partnership, sparking a 25% increase in the coin's value.
The global crypto market cap stands around $3.58 trillion, down by 0.13% in the past 24 hours at the time of writing. Daily trading volume for the entire market fell 22% to around $107 billion in this period. According to CoinMarketCap, Bitcoin dominance was at 57.
Pepe (PEPE) has been gaining attention following a breakout from its consolidation phase, with analysts predicting a potential 38% price increase
Kraken announced its plan to end support for Tether's token and other non-compliant stablecoins for European clients.
The firm also saw its direct and indirect exposure to U.S. Treasuries hit a record high of $113 billion.
Discover why FX Guys' staking and $2.6M presale success make it a top DeFi choice, drawing investors away from Toncoin and Optimism.
Shiba Inu (SHIB) has recorded a 7,240% surge in burn rate within 24 hours, marking a drastic reduction in the meme coin's total supply. Over one billion SHIB tokens were removed from the circulating supply.
Tether reported net profits of $13 billion during 2024 generated by its businesses, which include the largest stablecoin USDT.
Kraken's delisting highlights the growing impact of regulatory compliance on crypto exchanges, potentially reshaping the European market landscape. The post Kraken to delist USDT and non-MiCA-compliant stablecoins in the EEA by March 31 appeared first on Crypto Briefing.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Stablecoin issuer Tether reported $13 billion in net profit for 2024, driven by rising Bitcoin and gold prices. The company, which issues the largest stablecoin, USDT, generated $6 billion in profit in the last quarter of the year.
Tether just released its latest financial report, revealing $13 billion in net yearly profits and $113 billion in US Treasury holdings.
Tether, the company behind the $USDT stablecoin, announced plans to launch $USDT on Bitcoin's base layer and the Lightning Network. That's big, big news – $USDT carries a $140B market cap in the stablecoin sector, which itself accounts for some $224B of the $3.7T total crypto market cap.
Tethers Q4 2024 report confirms $13B profits, $113B in US Treasuries, and a $7B surplus, showcasing stablecoin growth in crypto markets. The post Tether hits record $13B profits in 2024, reinforcing stablecoin dominance appeared first on Crypto Briefing.
Last year was a great one for the crypto market, which saw strong price increases, including Bitcoin breaking the $100,000 mark for the first time. With Donald Trump winning the elections and becoming the first U.S. president to be a supporter of cryptocurrency, many crypto-related companies earned significant profits.
This move will bring stablecoins to both Bitcoin's base layer and its Lightning Network. This is made possible by a new Taproot-powered protocol called Taproot Assets, developed by Lightning Labs.
Tether's 2024 financial report highlights a net profit surpassing $13 billion.
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.
Dog-themed cryptocurrency Shiba Inu (SHIB) is approaching a crucial resistance level, with 162 trillion SHIB marking a significant barrier that could determine its next market move.
Amid the ongoing price rebound by some meme coins, the race to maintain dominance and attract investors has intensified. Frog-themed meme coin Pepe (PEPE) is currently leading the price metrics with a more than 5% increase in 24 hours compared to Dogecoin (DOGE) and Shiba Inu (SHIB).