Tether has minted a total of $3 billion in USDT stablecoins within a 24-hour period, significantly increasing its market supply. Concurrently, Tether has collaborated with U.S. authorities to freeze and reissue $1.6 million in USDT linked to terrorism financing associated with Gaza-based BuyCash, bringing the total amount of frozen USDT to over $2.9 billion. Bitcoin (BTC) has remained relatively stable near $118,000, while Ethereum (ETH) has experienced a decline of approximately 3.5%. U.S. spot Ethereum ETFs have seen inflows totaling $534 million, marking the third-largest on record. Other market movements include XRP dropping by around 10.7% and Solana (SOL) declining by about 6-8%. Additionally, Trumpās Truth Social has filed for a āBlue Chipā ETF featuring cryptocurrencies such as BTC, ETH, SOL, XRP, and CRO. Robinhoodās CEO has reiterated plans to offer thousands of tokenized private stocks, and OpenSea has acquired the mobile trading platform Rally. The crypto market shows active developments with new trading products and significant capital movements.
š„ Things Iām looking at today š„ Alts head lower, Goldman Sachs to tokenise funds, Trump visits Fed Crypto * BTC: 118.4k (0%) | BTC.D: 62% (+1%) * ETH: 3635 (-1%) | XRP: 3.15 (-8%) | SOL: 186(-6%) * Top Gainers: IP, KCS, CRV, BTC, LEO * BTC ETFs: -$86mn | ETH ETFs: +$332mn * https://t.co/REW61he51i
In today's Unchained Daily: š¬ Tetherās cooking up a U.S. stablecoin š§Ø Lawsuit puts Solana folks on the hook šļø Goldman & BNY make money markets digital š LetsBONK to buy back top memecoins weekly š° Solanaās new treasury gig raises eyebrows š ETHās pumping, but XRPās https://t.co/IQtDCNGXju
JUST IN: TETHER FREEZES & REISSUES $1.6M USDT LINKED TO GAZA BUYCASH ACCUSED OF TERROR FINANCING SAYS IT HAS NOW FROZEN OVER $2.9B IN USDT TO DATE Source: @WuBlockchain https://t.co/Ovc5A8V4aL https://t.co/ZTtgfl5wdQ