Tron's native cryptocurrency, TRX, has enjoyed a strong bullish run throughout 2024, making impressive gains in the process. However, recent analysis points to a possible pullback, as indicators suggest that the cryptocurrency may be reaching a local top.
Data from Lookonchain revealed on November 29 that Tether added another 1B USDT to its inventory. The stablecoin issuer had just minted another 3B USDT last Sunday.
The founder of the Tron (TRX) blockchain is making headlines for eating a famously controversial piece of art. After winning Italian artist Maurizio Cattelan's art piece “Comedian” last week in a Sotheby's art auction for $6.
Donald Trump's crypto experiment, World Liberty Financial (WLFI), was on the verge of a spectacular collapse. Despite weeks of relentless promotion by the president-elect and his sons, the venture failed to capture the interest of the community the way they wanted it to.
This audacious marketing act generated significant media buzz for Justin Sun and his blockchain platform, Tron. The post Tron Founder Justin Sun Eats $6.2 Million Banana Artwork, Calls It “Really Quite Good” appeared first on Cryptonews.
Data shows the Tron Sharpe Ratio has observed a rapid increase into a territory that has proven to be bearish for TRX's value in the past.
Major crypto companies Tether and Coinbase are reducing their stablecoin services in Europe as the December 30 deadline approaches for compliance with new EU regulations that ban stablecoin interest and require stricter operational standards.
180-day Sharpe ratio signals potential local top for TRX. We explore the state of demand and sell pressure in the spot and derivatives segments.
Tether's decision to discontinue EURT and prioritize USDQ and EURQ highlights the company's forward-looking approach. Tether is Phasing out EURT Tether has decided to pull the plug on its Euro-pegged stablecoin, EURT. According to Tether's announcement, holders of EURT will have until Nov.
TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun's qualifications will enable him to make significant contributions to the development of the platform.
The XT.com exchange announced today that its wallet had been hacked and an ‘abnormal asset transfer' had transferred out nearly $1M worth of USDT. XT confirmed that its users' funds remained safe and unaffected, and only assets belonging to the exchange were affected.
The stablecoin issuer will discontinue its Euro-pegged token after failing to meet regulatory requirements.
Tether, the leading issuer of the world's largest stablecoin by market cap, USDt, has announced its decision to phase out its euro-pegged stablecoin, EURt, and will halt its minting process across all blockchain platforms.
Tron (TRX) has established itself as one of the top cryptocurrencies, currently ranking 9th by market capitalization. With its native blockchain designed to power decentralized applications (dApps) and the second-largest decentralized finance (DeFi) ecosystem, Tron has become a key player in the crypto space.
Tether discontinues Euro-pegged stablecoin citing European regulatory concerns and shifts to providing infrastructure for MiCAR-compliant stablecoins through Hadron platform
Tether is the largest company in the digital asset industry. MiCAR has put plenty of new European regulations in place.
The news is official, and there is a year to redeem them.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
Tether, the issuer behind the world's largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process.
Tether's CEO, Paolo Ardoino, recently projected that the company's liquidity pool, dedicated to financing raw materials transactions, could grow to between $3 billion and $5 billion by 2026.
Tether, the issuer of the USDT stablecoin, has announced it will discontinue its euro-backed stablecoin, EURT, due to regulatory challenges in Europe.
The altcoin market corrects after a 55% November rally, but XRP, Stellar, and TRON hold bullish setups targeting $2, $0.63, and $0.40, respectively.
Tether announced that it would discontinue support for the Euro-pegged stablecoin EURT and will not be minting any more tokens. The blockchain-enabled platform disclosed that the decision was reached due to changes in the stablecoin regulatory framework in the European market.
Tether has officially ended support for EURT, halting issuance and urging users to redeem holdings by November 2025, transitioning to regulatory-compliant stablecoins like EURQ and USDQ. The post Tether Ends EURT Support to Focus on MiCAR-Compliant Stablecoins appeared first on Cryptonews.
Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November's Bitcoin rally.
The founder of TRON (TRX) blockchain, Justin Sun, is announcing a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain's decentralized autonomous organization, TRON DAO, is investing $30 million in World Liberty Financial.
USDT issuer Tether has halted support for EURT, its euro-tied stablecoin. Meanwhile, regulatory changes as the European Union embraced the inclusive MiCA regulatory framework triggered Tether's decision. Tether highlighted that it ceased minting EURT, and holders should redeem the assets by 27 November 2025.
Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.
Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.
CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.
TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.
Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.
Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.
Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.
Tether has asked EURt holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.
Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.
Tether requested customers holding the Euro stablecoin on all supported blockchains to redeem by Nov. 27, 2025.
Amidst expectations of a crypto-friendly government after Trump's victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election.
Tether stablecoin EURT will be discontinued, with redemptions to be completed by November 27, 2025.
Tether, issuer of the world's largest stablecoin, said that it will stop supporting the euro-linked EURT stablecoin as part of a “strategic transition to prioritize community-driven blockchain support.” This decision came amid rising regulatory uncertainty in the EU's crypto market with the new MiCA rules.
Tether's shift to MiCA-compliant stablecoins may reshape the stablecoin market, influencing regulatory strategies and innovation in the EU. The post Tether to end EURT support, focusing on MiCA-compliant stablecoins appeared first on Crypto Briefing.
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Tether announces its strategic decision to discontinue EUR₮ support, focusing on launching MiCAR-compliant stablecoins and enhancing community-driven support.
An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.
Tether has minted $5 billion in just five days, raising industry concerns about its influence on cryptocurrency markets and political ties, particularly with Cantor Fitzgerald's significant investment and connections to the incoming Trump administration. The post Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns appeared first on Cryptonews.
The financial services giant Cantor Fitzgerald has reportedly acquired a 5% ownership stake in Tether, the leading stablecoin firm. The Wall Street Journal, citing unnamed business associates of both firms, reports that Cantor values the stake at up to $600 million. Cantor has served as Tether's custodian since 2021.
The reports say the situation is so dire that USDT trades at a discount in Mexico because knowledge that it comes from drug proceeds is widespread.