Tether, the world’s largest stablecoin USDT company, is now reconsidering its large fundraising plan. Earlier reports suggested that the company was planning to raise around $20 billion by selling new shares. This plan could move the company’s value to nearly $500 billion. But now talks say that the company may
With the red lights flashing across the crypto assets, the recovery attempts are slowing down. The price movements are losing momentum and failing to find the green zone. The broader crypto market cap is resting around $2.58 trillion after losing 2.81%. Bitcoin (BTC) and Ethereum (ETH), the largest assets, are
Jensen Huang, NVIDIA CEO, has emphasized that AI would co-exist with current technology. Thereby restoring confidence of the market amid an increasing selloff. AI cryptocurrencies are currently down, but they could reverse the trend in the days to come. Overall, the crypto market remains sluggish as multiple macro factors enter
The regulators of Nevada have taken a new action against the crypto exchange Coinbase. The action is taken to put a stop to the prediction market offerings of the company in the state as tensions surge between federal derivatives oversight and state gambling laws. On February 2, the Nevada Gaming
The U.S. Department of the Treasury is reviewing whether crypto exchanges and digital asset infrastructure have been used by Iranian-linked actors to circumvent international sanctions. The U.S. regulators are also paying attention to the centralized exchanges, stablecoin routes, and liquidity providers that could act as repeatable access points for the
Polymarket unveiled a new community-based initiative in New York, where it planned to set up a free food store, which would provide basic grocery items to the public, as well as a $1 million donation to support food insecurity in the area. The New York-based crypto prediction platform, Polymarket, shared
Global exchange Crypto.com presses ahead with its expansionist approach by launching a new prediction market platform. This comes after the company reported exponential growth in user engagement, which reportedly increased more than fortyfold during a short period. Increased engagement in Bitcoin market updates and general Web3 trends indicates that users
WidomTree, a global asset management firm with $150 billion in assets, says that crypto and blockchain technology have become the core part of its business strategy. Jonathan Steinberg, CEO of WisdomTree, says in the speaking at the Ondo Summit that the company’s crypto business is built for long-term growth and
The US-Iran conflict saw a new incident, following which the market noted a rally for Gold prices. Its rise as an alternative safe haven for investors has again brought crypto prices under the scanner. All leading tokens are below the major milestones, possibly waiting to review developments on Friday between
On February 4, 2026, the XRP Ledger (XRPL) is supposed to start off Permissioned Domains when over 91% of validators supported the XLS-80 amendment. The cornerstone comes amid challenging times for XRP, which has fallen by double digits in the last week following a wider market downturn. As the network
