According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025. This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion. Tether will continue to inject Bitcoin purchases with 15% of profits from other activities, a
Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far. The issue came to
Thai police collaborated with Chinese authorities to freeze $2.5 million in Tether (USDT) linked to a high-profile scam operation. The suspects, two Chinese nationals, Ye Wanyou, 29, and Li Weijie, 30, were arrested on February 5 at a Bangkok residence. These two are reportedly said to have attempted to erase
The crypto market is struggling to pick up as Bitcoin fell below the $97K level and Ether trading in the $2,600 zone. Major altcoins such as XRP, Solana, BNB, Dogecoin, Cardano, and Tron are following BTC and ETH in terms of market price momentum. Total crypto market capitalization dropped by
Kraken to Delist USDT and Stablecoins in Europe Kraken will remove Tether’s USDT and four other stablecoins from its European market to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations. The delisting will happen in stages, with complete removal set for March 31, 2025. Along with USDT, the affected
The world’s biggest stablecoin issuer, Tether, has announced that the USDT asset is now connected to Bitcoin both at its fundamental level and through the Lightning Network. The Taproot Assets protocol engages in this by leveraging Bitcoin’s Taproot improvement to be able to improve security and increase functionality. Moreover, the
Crypto Consortium T3 assisted Spanish authorities in freezing $26.4 million linked to a crime syndicate involved in money laundering operations. The investigators tracked down the blockchain addresses linked to international crime networks. According to officials, the syndicate operated in multiple European jurisdictions and provided cash-to-crypto laundering services to various Illicit
The re-election of Donald Trump as the president of the US is set to change the face of the crypto industry. While several states are proposing Bitcoin strategic reserves, crypto companies are tending to expand their US customer base. On similar lines, Tether also considers expanding its business in the
Tether Holdings Ltd., the world’s largest stablecoin issuer, is wrapping up 2024 with an impressive milestone: over $10 billion in net profits. CEO Paolo Ardoino shared the news in a recent interview, highlighting the growing demand for USDT. As Bitcoin and other cryptocurrencies hit record highs, USDT’s market capitalization grew
Tether, the largest stablecoin issuer, has minted $2 billion USDT in the last four days. This contributes to a total of $19 billion USDT minted on Ethereum and Tron since November 6. These funds have consistently flowed into various cryptocurrency exchanges, fueling market activity. During the same period, Bitcoin’s price
