{
Tether USDt CNY

Companies

}
stablecoins on ethereum layer two reach record 13.5 billion milestone
Stablecoins on Ethereum's layer-2 networks have reached a significant milestone of $13.5 billion, driven by their increasing adoption and practical applications. Tether (USDT) leads the market with a capitalization of $140.88 billion, while the Dencun upgrade has enhanced transaction efficiency, resulting in a surge of daily transactions across various layer-2 solutions. Despite some networks experiencing declines, the overall growth of layer-2 ecosystems is reshaping Ethereum's future, highlighting the pivotal role of stablecoins in decentralized finance.
Brave New Coin
Tether USDt CNY Tommy Robinson Matthias Seidl Vitalik Buterin Show more
Crypto, Market Report
09:30 21.12.2024
surge in stablecoins on ethereum layer 2 networks reaches historic highs
Ethereum’s layer 2 networks have reached a historic milestone, holding over $13.5 billion in stablecoins, driven by solutions like Arbitrum One and Base. The total market capitalization of stablecoins has surpassed $200 billion, reflecting their growing importance in the crypto ecosystem and potential for transforming financial transactions. Experts anticipate continued growth in stablecoin adoption as blockchain infrastructures improve.
Cointribune
United States Dollar Tether USDt CNY USD Coin JPY Show more
Finance & Economy, Market Report
09:05 21.12.2024
Tether invests 775 million in Rumble to challenge YouTube dominance
Tether has invested $775 million in Rumble, a video-sharing platform that champions free speech and aims to compete with YouTube. CEO Paolo Ardonio emphasized the importance of independence and resilience, while Rumble's CEO Chris Pavlovski expressed excitement about their partnership and plans to challenge YouTube's dominance. Following the investment announcement, Rumble's share price surged by over 51%.
Cointelegraph
Tether USDt CNY Google Inc. MicroStrategy Inc RumbleOn, Inc. USA Chris Pavlovski Show more
Finance & Economy, Market Report
02:36 21.12.2024
Tether invests 775 million in Rumble to enhance decentralized media platform
Tether has announced a $775 million investment in Rumble, a video streaming platform that promotes free speech and positions itself as a YouTube alternative. The deal includes an initial cash investment of $250 million and will grant Tether 103.3 million shares at $7.50 each, expected to close in early 2025. Rumble plans to create a Bitcoin reserve, aiming to purchase up to $20 million in Bitcoin, reflecting its belief in the cryptocurrency's potential as a hedge against inflation.
Decrypt
United States Dollar Tether USDt CNY MicroStrategy Inc RumbleOn, Inc. Marathon Digital Holdings Inc Tesla, Inc. USA DEU Paolo Ardoino Chris Pavlovski Show more
Finance & Economy, Press Release
02:00 21.12.2024
europe faces crypto challenges as tether exits amid new regulations
The implementation of the Markets in Crypto Assets (MiCA) regulation in the EU aims to enhance oversight of crypto transactions but risks diminishing Europe's competitive edge in the global market. Tether's delisting from European exchanges due to non-compliance with new regulations may limit liquidity and trading options, pushing investors towards the Euro. As the U.S. prepares for a pro-crypto administration, Europe faces challenges in maintaining its appeal as a crypto hub, with venture capital investments expected to decline significantly in 2024.
Wall Street Pit
Euro Tether USDt CNY StablR Euro USD Donald Trump Usman Ahmad Isabella Chase Howard Lutnick Show more
Regulatory & Legal, Market Report
00:19 21.12.2024
Rumble secures 775 million investment from Tether to enhance growth and liquidity
Rumble has secured a $775 million investment from Tether, with plans to use $250 million for growth initiatives and the rest for a self-tender offer for up to 70 million shares. Following the announcement, Rumble's shares surged 35% in post-market trading. Tether aims to explore advertising and crypto payment solutions with Rumble, aligning their missions around decentralization and free speech. The transaction is expected to close in Q1 2025, pending regulatory approvals.
Crypto Briefing
Tether USDt CNY RumbleOn, Inc. CAN Paolo Ardoino Chris Pavlovski
Finance & Economy, Press Release
23:45 20.12.2024
ethereum experiences largest one-day loss since november 2022
Ethereum experienced a significant decline, trading at $3,473.09, down 10.31% on the day, marking its largest one-day loss since November 2022. This drop reduced its market cap to $423.79 billion, representing 12.41% of the total cryptocurrency market. Over the past week, Ethereum's value has decreased by 10.78%, and it remains 28.60% below its all-time high of $4,864.06 from November 2021.
Investing.com
Tether USDt CNY USA
Finance & Economy, Market Report
18:50 19.12.2024
eight promising cryptocurrencies poised for massive growth by 2025
The recent $1 billion USDT minting has ignited excitement in the crypto market, positioning eight cryptocurrencies as prime investment opportunities for 2025. Leading the list are Aureal One, DexBoss, and yPredict, alongside established players like Bitcoin, Ethereum, Dogecoin, Solana, and Polkadot, all projected for significant gains. As the market evolves, these tokens are set to drive innovation across various sectors, offering potential life-changing returns for early investors.
NFT Evening
Tether USDt CNY Ethereum USD Polkadot USD Bitcoin USD Solana USD Dogecoin USD Show more
Finance & Economy, Market Report
19:02 18.12.2024
Europol seizes 26 million dollars in cryptocurrency from drug traffickers
Europol, in collaboration with law enforcement from six countries, dismantled an international drug trafficking ring, seizing $26 million in cryptocurrencies and other valuables. The operation, linked to cocaine trafficking, highlighted Bitcoin's continued use among criminals, despite the rise of privacy coins. Authorities emphasized the potential of blockchain technology to aid in combating organized crime, while challenges remain due to the anonymity of crypto transactions.
Decrypt
Euro Tether USDt CNY GBR BGR ESP USA COL NLD ARE MEX Stacy Elliott Byron Boston Show more
Regulatory & Legal, News Article
18:32 18.12.2024
plume network secures 20 million for real world asset tokenization platform
Plume Network has secured $20 million in funding to enhance its tokenization platform for real-world assets, led by Brevan Howard Digital and other notable investors. The startup aims to enable tokenized assets to serve as collateral for loans, following its testnet launch in July and the introduction of a tokenized "Mineral Vault" for resource production exposure. With 180 projects already building on its infrastructure, Plume is positioned to capitalize on the growing tokenization market.
Cointelegraph
United States Dollar Tether USDt CNY TCW Securitized Bond Plan Show more
Finance & Economy, News Article
17:29 18.12.2024
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