Tether, the issuer of USDT, is stockpiling Bitcoin in 2025. Is this a strategic move to protect against a USDT depeg? In 2021, USDC depegged and couldn’t restore the peg immediately because banks were closed. The world’s largest multichain stablecoin by market cap—has been aggressively accumulating Bitcoin over the past few months. Tether Stockpiling Bitcoin: … Read more
Chainlink, a decentralized oracle network that links off-chain data to blockchain systems, is taking steps that could position it as a critical component for stablecoins and tokenized real-world assets (RWAs). Its Proof of Reserves (PoR) technology, already deployed to verify asset backing, is gaining traction, and a recent partnership with a major financial hub in … Read more
What Is Causing Bitcoin’s Crash? Crypto analyst Kyle Chasse believes the crash is linked to the unwinding of the cash and carry trade. This trading strategy has been holding Bitcoin’s price down for months. Hedge funds have been using this low-risk strategy to earn steady profits from Bitcoin spot ETFs and CME futures. The cash … Read more
Widely followed crypto strategist Michaël van de Poppe believes that one Ethereum (ETH) rival is in a position to ignite a real bullish phase. Van de Poppe tells his 776,000 followers on the social media platform X that the layer-1 protocol Near (NEAR) appears to be carving a cycle bottom. The analyst says that NEAR … Read more