Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers […] Source: https://news.bitcoin.com/usdt0-launches-on-arbitrum-with-11-backing-faster-transfers/
A crypto trader has managed to make quite a nice living by creating hundreds of tokens every day on Solana meme coin launchpad Pump.fun. The trader, identified only by their Solana wallet “MNhB,” has profited more than $840,000 by launching 17,794 tokens over the last three months, according to available data on Dune. They’ve been profitable on 79% of those…
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange. Source: https://cointelegraph.com/news/robinhood-tips-planned-bitcoin-futures-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus. Source: https://cointelegraph.com/news/bitcoin-rallies-to-104-7-k-after-fed-fomc-nothing-burger-lines-up-with-market-expectations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cardano is changing via its Plomin hard fork Wednesday, with the aim of giving users of one of the world’s biggest blockchains more say on how the network runs. The proof-of-stake network’s upgrade on Wednesday night will give those holding ADA “real voting power,” according to the Cardano Foundation, allowing them to weigh in on changes to the protocol and…
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how […] Source: https://news.bitcoin.com/report-solana-is-drinking-the-ethereum-milkshake/
The Federal Reserve left its benchmark interest rate unchanged Wednesday, hitting the pause button on its easing campaign after delivering three interest rate cuts in a row. And Bitcoin appeared to fall sharply at first before spiking to a three-day high. The decision, which was widely expected among Fed futures traders, kept the federal funds rate at a target range…
Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1. Source: https://cointelegraph.com/news/crypto-defend-american-jobs-florida-congressional-primaries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
We’re thrilled to announce that CRO, MOVE, HPOS10I, and USUAL are now available for trading on Kraken! Funding and trading CRO, MOVE, HPOS10I, and USUAL trading will be live as of 15:00 UTC today, 29/1/2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs. Source: https://cointelegraph.com/news/xrp-bull-trap-lurks-below-2-95-will-altcoin-traders-take-the-bait?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
