Tether doubles down on mining with Bitdeer and OCEAN, and invests in Fizen to improve digital payment accessibility and infrastructure.
In the latest cryptocurrency market update, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Pepe (CRYPTO: PEPE) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends. What Happened: According to data, Bitcoin is testing a key technical formation that could reverse its recent bearish trends.
AI agent tokens and meme coins both took a hit in Q1 as the broader crypto market fell 18.6% from market peaks in January. But both sectors dominated the crypto narratives over the same time period.
Tether buys $32 million in Bitdeer shares, increasing its stake above 21% as Bitcoin miners struggle with falling prices and rising costs.
Pepe (PEPE), one of the most recognized meme coins, is showing early signs of a bullish reversal, mirroring a recent setup seen in Solana. The token has broken above its 50-day Exponential Moving Average (EMA), a critical resistance level that historically marks the start of upward trends.
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.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.
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.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
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.
PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high
PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.
PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.
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.
PEPE is up by double-digits in the past week.
Tether has invested in Fizen Limited to grow stablecoin use and make crypto payments easier for users and businesses.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
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.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments.
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.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
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 altcoin space is buzzing as Bitcoin teases a break past the $85K resistance, trading at $85,939. Frog-themed PEPE flashed bullish signs after consolidation, hinting at an October-style rally that saw it gaining over 100%.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
Tether, USDT issuer, announced that it will be directing its existing and future Hashrate to the Bitcoin mining pool, OCEAN.
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.
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.
For PEPE, as with other memecoins, hype may be a double-edged sword.
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.