Tether buys $32 million in Bitdeer shares, increasing its stake above 21% as Bitcoin miners struggle with falling prices and rising costs.

The finance ministry in Moscow is now considering the creation of a Russian cryptocurrency similar to the U.S. dollar-pegged Tether (USDT), local media reported. The proposal to issue a domestic stablecoin comes after last month Tether blocked billions of rubles' worth of crypto assets in wallets on a sanctioned Russian exchange.

The Bank of America is attempting to enter the stablecoin market and is positioning itself against established industry leaders like Tether and Circle. Pegged to fiat currencies like the US dollar, stablecoins account for billions in daily transaction volumes and traditional banks are unwilling to be left out of the loop.

Russian officials are reconsidering the country's reliance on foreign-issued stablecoins after wallets linked to the sanctioned crypto exchange Garantex were frozen.

Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.

Chainlink network is heavily bolstered by growing fundamentals and a positive regulatory outlook in the United States. LINK bulls must defend the support level above $9.4 to invalidate further capitulation in 2025. Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump.

As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.

The Russian Ministry of Finance is exploring the possibility of developing its own stablecoin. This comes after recent U.S. sanctions and actions by Tether, which blocked wallets linked to the Garantex exchange.

New sanctions have reignited calls in Russia for financial self-reliance.

Russia plans to develop its own stablecoins after Tether froze $27 million on a Russian exchange amid ongoing sanctions.

Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions.

A senior official from Russia's Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia.

Stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new analysis. Zack Pokorny, a research analyst at the crypto investment giant Galaxy Digital, notes that Galaxy and the Bitcoin (BTC) lending firm Ledn were the second and third-largest lenders, respectively.

Russia's push for its own stablecoins highlights a strategic shift to reduce reliance on Western financial systems amid increasing sanctions. The post Russia's finance ministry official urges country to launch its own stablecoins after USDT wallet block appeared first on Crypto Briefing.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.

Tether has invested in Fizen Limited to grow stablecoin use and make crypto payments easier for users and businesses.

Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen's blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes. The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews.

The partnership could significantly boost crypto usage and economic empowerment, fostering a more inclusive financial landscape in Argentina. The post Kripton selects TRON and Tether to drive crypto adoption and financial inclusion in Argentina appeared first on Crypto Briefing.

Tether, the company behind the world's largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, did not disclose the financial details but aligns with Tether's broader goal of promoting financial inclusion through blockchain technology.

Fizen will use the investment to drive stablecoin adoption via its platform.

Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments.

Chainlink is testing its key support as traders weigh bullish structure against weak on-chain signals.

Tether partnered with Ocean to power their Bitcoin mining operations, optimising their hashrate and decentralizing Bitcoin's network. Currently, Bitcoin mining is centred around only a few powerful mining pools, which endangers the independence of the blockchain ecosystem.

Tether, the issuer of the USDT stablecoin, has invested in Fizen Limited. Finzen is a fintech company that focuses on self-custody crypto wallets and digital payments.

The crypto lending market is still a shadow of its former size preceding the brutal 2022-2023 crypto winter, but beneath the surface, signs of recovery are emerging, especially in the decentralized corner of the space, digital asset investment firm Galaxy Research said in a report on Monday.

TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages the DATUM Gateway protocol, ensuring robust performance in low-bandwidth areas and granting miners the freedom to craft their own block templates.

The crypto market registered a marginal increase over the past 24 hours, rising almost 1% to $2.7 trillion. Cryptocurrencies saw a mixed performance, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trading in the green while others registered notable declines.

Tether, USDT issuer, announced that it will be directing its existing and future Hashrate to the Bitcoin mining pool, OCEAN.

Pi Network's integration with Chainlink, and possibly with Ethereum, comes as its native token trades around the $0.75 resistance level.

Tether commits Bitcoin mining resources to Ocean pool to boost network decentralization and expand operations across Africa.

Tether, the largest company in the digital asset sector, announced on April 14, 2025, a significant initiative to support the decentralization of Bitcoin mining. The company plans to distribute both its existing hashrate and future hashrate on the OCEAN mining pool, an emerging entity that stands out for its commitment to decentralization and for being led by the long-time Bitcoin Core developer, Luke Dashjr. The decision marks a further step in Tether's philosophy, long committed to promoting transparency, resilience, and open access within and outside the cryptocurrency ecosystem.

The crypto markets continue to demonstrate their unpredictable nature as both Toncoin (TON) and Chainlink (LINK) face fluctuating fortunes. Toncoin recently endured a rocky week showcasing dramatic volatility. Meanwhile, Chainlink finds itself under cautious investor scrutiny. Although both assets hold potential for recovery, their turbulent movements highlight a recurring theme in crypto markets.

Ocean is a decentralized bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr in 2023 and backed by former Twitter CEO Jack Dorsey.

Exciting news has hit the crypto space as Chainlink (LINK) joins PayPal and Venmo's growing list of supported cryptocurrencies. This expansion opens new doors for LINK holders, adding ease and flexibility to buying, selling, and transferring. Additionally, analysts are predicting a 35% price surge for LINK if it breaks a key resistance level at $15.68.

Tether is partnering with OCEAN, a decentralized Bitcoin mining pool, to allocate its hashrate and help reduce centralization in Bitcoin mining.

Tether is deepening its commitment to Bitcoin by integrating OCEAN, a decentralized mining pool led by Bitcoin Core developer Luke Dashjr. The partnership allows Tether to leverage OCEANs open-source DATUM protocol, which empowers miners to create their own block templates, boosting decentralization and censorship resistance across the Bitcoin network.

Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN's Bitcoin mining pool in an effort to strengthen the network's decentralization.“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether's CEO Paolo Ardoino said in an April 15 statement.

USDT issuer Tether said that it will "deploy both existing and future hashrate" to prominent Bitcoin mining pool, Ocean.

Tether announced on April 14 that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining as part of its African strategy. The decision marks a shift in the company's operational mining infrastructure toward software that permits miners to construct block templates independently without reliance on centralized intermediaries.

Tether, the issuer of the USDT stablecoin, has announced a strategic deployment of its existing and future Bitcoin hashrate to OCEAN, a decentralized mining protocol created by veteran Bitcoin Core developer Luke Dashjr. The post Tether Deploys Bitcoin Hashrate on the OCEAN Mining Protocol appeared first on Cryptonews.

Paolo Ardoino, Tether CEO, took to X to highlight the new move that the stablecoin issuer is taking with Bitcoin (BTC). The protocol plans to deploy both existing and future hashrates on the OCEAN protocol.

Tether is deploying its existing and future hashrate on OCEAN, a decentralized Bitcoin mining protocol. It will focus on delivering high-performance operations to undeveloped areas, particularly in Africa.

Chainlink (LINK) is showing renewed promise after a fresh retest of a crucial support level, hinting that the bulls may be gearing up for the next phase of its upward move. The recent bounce off this key support area, previously acting as a barrier, reinforces the idea that the level has now become a strong foundation.

Tether plans to deploy hashrate on OCEAN, a move that will see the crypto ecosystem giant contribute to the decentralization of Bitcoin mining.

Tether, Galaxy and Ledn have become leaders in a crypto lending market that has rebounded since its collapse two years ago. As of the end of the fourth quarter of 2024, the three firms accounted for 88.

The company announced it will deploy both its current and future hashrate to OCEAN. OCEAN is a Bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr.

Dashjr is staunchly against Bitcoin applications like inscriptions and attempts to filter those transactions via the OCEAN mining pool.