Tether boosts Bitcoin reserves amid EU MiCA’s regulatory tension

USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether’s Bitcoin holdings to 82,983 BTC, worth approximately $7.

Bitcoin’s stored value hits $1.03 trillion, up 85% since January

Bitcoin’s actual stored value has been estimated at $1. 03 trillion, far below its $2 trillion market cap, according to CryptoQuant CEO Ki Young Ju. Ju stated that this figure represents an 85% increase from the beginning of 2024, showcasing growing investor confidence in the crypto as a Store of Value.

Swaroop Hegde discusses Powerloom’s mission to reshape data integrity in blockchain

Swaroop Hegde, CEO and Co-Founder of Powerloom, joined CryptoSlate’s Editor-in-Chief, Liam “Akiba” Wright, and CEO Nate Whitehill on The SlateCast to discuss the future of decentralized data layers.

MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000

Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.

Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day

On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new post on X, the on-chain analytics firm Santiment discussed the trend in the Exchange Flow Balance for Tether’s USDT.

TRON Targets $5 As Stablecoin Supremacy Drives Market Surge — Analyst

The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months.

Tron’s USDT Volumes Tap New All-Time High Above $587 Billion

Tron’s stablecoin dominance has continued to surge in recent months, hitting a new all-time high.