Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […]
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The supply of Trump's WLFI stablecoin USD1 grew over to $2.1 billion in a few days as an Abu Dhabi firm confirmed an investment into Binance.
The growth is linked to the launch of USDT0, an omnichannel version of Tether's USDT, and an incentive program by Flare.
Tron (TRX) is retaining its position after a tumultuous weekend in the general crypto space. The token remains close to $0.24, recording a negligible decline of only 0.91% over the last day. Even as there is tame price action, analysts are in close observation looking for indications of a potential breakout, with $0.40 now making an appearance. Related Reading: Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say Price Stuck Between Major Levels TRX has been consolidating between $0.21 and $0.2551. The sideways price action has gone on for several weeks, after plummeting from $0.45 all the way to $0.21 at the end of last year. The token appears to be steadying since the fall. At present, the buyers are exhibiting resilience at the $0.24 mark, which coincides with the 50-day Exponential Moving Average (EMA). Three of the significant EMAs — the 50-day, 100-day, and 200-day — are also in a bullish alignment, which further supports the notion that the token could be positioning for a powerful move upward. The longer TRX remains above these support lines, the greater the odds are that it will break out of this range. Tether minted an additional 1B $USDT on Tron ~4 hours ago! Since April 28 (8 days ago), #Tether has minted 4B $USDT on both #Ethereum and #Tron. Follow @spotonchain for more updates now! https://t.co/SeKwCj1byN pic.twitter.com/xxPA6IosmB — Spot On Chain (@spotonchain) May 6, 2025 Momentum Indicators Suggest Increasing Strength From a technical perspective, the Moving Average Convergence Divergence (MACD) is indicating a possible change. The MACD and signal line are moving close to each other in the positive area. This typically indicates increasing momentum. If purchase volume sets in, analysts predict TRX will breach the $0.2551 ceiling and move towards $0.28, which is where the 23.6% level lies on a trend-based Fibonacci retracement. If things continue to build steam from there, TRX will move as high as the 50% Fibonacci level at $0.39 — just below the much-hyped $0.40 level. 1 Billion USDT Minted On Tron Support for the bullish argument is also emerging from within the Tron ecosystem. Tether has created a further $1 billion USDT on the Tron blockchain. Tether has created 4 billion USDT on Ethereum and Tron combined since April 28. TRX price up in the last week. Source: Coingecko New minting of USDT tends to indicate increased market activity. As these tokens are utilized for trading, swapping, and transferring capital, additional USDT on Tron might translate to greater demand for TRX. It’s not certain, but it is a sign to consider. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off Chain revenue:????$SOL 41.72%$TRX 24.56$ETH 16.4%$BTC 7.4% pic.twitter.com/kvVcvpkJT8 — Ted (@TedPillows) May 5, 2025 Tron Activity Surpasses Ethereum In Revenue According to statistics reported by analyst Ted Pillows, Tron’s portion of the overall network economic value is nearly 25%. Solana alone is also nearing 42%. Yet in a surprising turn, Tron’s revenue chain is now higher than Ethereum‘s at 16% of total network revenue. According to TronScan, the number of total accounts on the network is also growing. As of now, there are more than 304 million accounts. The total value locked (TVL) across Tron’s platforms has crossed the $20 billion mark. Whether TRX reaches $0.40 anytime soon will have something to do with how it acts around the $0.25 resistance level. At the moment, price action, technical indications, and ecosystem activity all appear to be pointing in the same direction. Featured image from Gemini Imagen, chart from TradingView
Tether is continuing its expansion beyond its stablecoin business with a new push into artificial intelligence. On May 5, Tether CEO Paolo Ardoino announced that the company will soon launch Tether.ai, an open-source AI platform designed for various devices. The announcement comes as the company’s flagship stablecoin, USDT, edges toward a record circulation milestone of $150 […]
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Tether CEO Paolo Ardoino Tether AI tech will enable an unstoppable peer-to-peer network of billions of AI agents
Tether CEO Paolo Ardoino said the technology will support USDT and Bitcoin payments, and enable a peer-to-peer network of AI agents.
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
The company's U.S. plans depend on the final stablecoin legislation, and is aiming to create a "payment product" that institutions can use, Paolo Ardoino said in a CNBC interview.
The stablecoin issuer continued its run of delivering strong returns, reporting "over $1 billion in operating profit.
The USDT issuer expands beyond crypto with a controlling stake in Adecoagro, a major Latin American producer.
Circle's USDC stablecoin, which is pegged to the U.S. dollar, is the world's second largest stablecoin by supply.
Patrick McHenry, the ex-lawmaker who championed last year's crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally
Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time […]
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Solstice Labs, a member of the Deus X Capital family, plans to roll out a Solana-native stablecoin with in-build yield features before late 2025.
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."
"Hard to be bearish, in our view, on this asset with the current demand-supply dynamics," the Bernstein analysts said.
Stablecoin issuer Tether has raised its stake in Juventus Football Club to 10.12% of issued shares, which gives it 6.18% of the club’s voting rights. Following the news, Juventus’s crypto fan token, JUV, jumped over 10% to a two-month high of $1.08, according to CryptoSlate’s data. Meanwhile, other fan tokens also benefited from the momentum. […]
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The stablecoin market could also only reach $500 billion "if adoption and integration challenges persist" the banking giant also said.
The stablecoin issuer first invested in the Italian football club back in February, and has now raised its stake in it.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Twenty One will go public through a SPAC merger with a $3.6 billion BTC treasury, the third-largest among publicly-traded firms.
Cantor Fitzgerald is reportedly stepping into the Bitcoin investment arena with plans to launch a $3 billion digital asset venture, Financial Times reported on April 23. The initiative is backed by heavyweight partners, including stablecoin issuer Tether, SoftBank, and crypto platform Bitfinex. 21 Capital The venture, named 21 Capital, will use $200 million in seed […]
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USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The collaboration aims to leverage Bleap's technology to enable other wallet providers to integrate with Mastercard's payments network.
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. Boosting stablecoin payments According to […]
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Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.