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news-imageJanuary 16, 2025

Tether Launches Cross-Chain USDT0 on Kraken's Ethereum Scaling Layer

TL;DR Tether launches its USDT0 token using Kraken's Ethereum scaling layer, known as Ink, to optimize transfers between blockchains. USDT0 aims to become a unified liquidity layer through LayerZero's Omnichain Fungible Token standard, offering greater efficiency and scalability.
Publisher: Crypto Economy
Sentiment: Positive
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Positive
cover-imageBitcoin
January 17, 2025

Tether Introduces USDT0 to Enhance Blockchain Interoperability

Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The stablecoin company, which issues USDT, the largest fiat-pegged by market capitalization, announced that USDT0 aims to expand its capabilities to new blockchain environments.

Positive
cover-imageThe Currency Analytics
January 16, 2025

Ethereum Price Surge: Whale Purchase Drives Momentum

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is showing signs of potential growth, attracting attention from traders and investors alike. After a period of sluggishness, ETH has recently made a notable shift from a downward momentum to a more optimistic outlook.

Positive
cover-imageCryptonews
January 16, 2025

Swiss Bank PostFinance Introduces Ethereum Staking for Passive Income

PostFinance now offers Ethereum staking, giving customers the opportunity to earn passive income on the Ethereum blockchain with a minimum deposit of 0.1 ETH. Fully integrated with its e-finance platform, the service ensures real-time transparency, with plans for future cryptocurrency staking expansions. The post Swiss Bank PostFinance Introduces Ethereum Staking for Passive Income appeared first on Cryptonews.

Positive
cover-imageCoinPedia
January 16, 2025

Ethereum (ETH) Buying Activity Surges, Traders Eyes 15% Rally

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, seems to be struggling after yesterday's 8.80% gain. Today, January 17, 2025, ETH has retraced nearly 5% of yesterday's gains, dropping from $3,450 to the $3,260 level. ETH's Current Price Momentum Currently, ETH is trading near $3,331 and has experienced a price decline of over 3.

Positive
cover-imageBenzinga
January 16, 2025

Solana Is A Stronger Investment Than Bitcoin, Ethereum, Crypto Asset Management Firm States

Bitwise Asset Management has outlined a strong investment case for Solana (CRYPTO: SOL), emphasizing its unique architecture and potential for mass adoption. According to a report titled “The Investment Case for Solana,” Solana's high-speed, low-cost transactions, supported by its innovative monolithic design, make it a standout in the competitive Layer-1 blockchain landscape.

Positive
cover-imageCoinPedia
January 16, 2025

Swiss State-Owned PostFinance AG Launches Ethereum Staking

In a remarkable development, Switzerland state-owned bank, PostFinance AG, has officially launched Ethereum staking. Notably, the bank has introduced staking as a key part of its cryptocurrency expansion, according to a latest Bloomberg report. Since the start of the new year, there has been a surge in pro-cryptocurrency moves, with major financial institutions getting involved.

Neutral
cover-imageCoinPedia
January 16, 2025

Ethereum Price Prediction For January 16

Ethereum has started a pullback after a strong upward move. This pullback suggests the price could be consolidating before making another move. Ethereum might have found a bottom, though it's not as clear as with Bitcoin.

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