Tether Projects $15 Billion Profit in 2025 as Stablecoin Market Hits $316 Billion
Tether anticipates nearly $15 billion in net profits for 2025 as the stablecoin market expands to $316 billion, with the company dominating through USDT.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Tether anticipates nearly $15 billion in net profits for 2025 as the stablecoin market expands to $316 billion, with the company dominating through USDT.
Crypto.com submitted a National Trust Bank Charter application to the US Treasury’s OCC on Oct. 24, with approval expected in 12-18 months.
Bitcoin jumps to $111,500 as US CPI cools, boosting Fed rate cut chances to 99%. Altcoins ETH, XRP, and BNB gain 3-5% on softer inflation.
Polymarket CMO has confirmed that the platform is planning to launch the POLY token accompanied by an airdrop.
BitGo CEO Mike Belshe defends Binance founder CZ, clarifying he didn’t plead guilty to money laundering. CZ was pardoned by President Trump.
Chainlink (LINK) price has rebounded from a major support zone near $17, where over 54.5 million tokens have been accumulated.
JPMorgan plans to launch a new program by year-end that will allow institutional clients to use Bitcoin and Ether as loan collateral.
Evernorth Holdings Inc., has secured 261 million XRP for its treasury move, as it plans to go public on Nasdaq through a merger with Armada Acquisition Corp II.
Ethena’s USDe has surged due to its innovative synthetic model and dual-token strategy that have sparked massive user demand.
Sygnum Bank and Debifi are developing MultiSYG, a Bitcoin-backed loan platform that enables borrowers to maintain shared control of their BTC collateral.
Crypto analyst Javon Marks predicts that Dogecoin (DOGE) could jump by nearly 270% toward its all-time highs.
With over $128 million exiting ETH ETFs and Bitcoin futures activity hitting record highs, the market shows a clear preference for BTC.
Let’s examine the key trends and events shaping the crypto market on Oct. 24.
Aster rallied 15% to $1.11 after launching its Rocket Launch program and benefiting from renewed optimism surrounding CZ’s presidential pardon.
Fidelity added Solana to its trading platform for brokerage clients, while Hong Kong approved the first SOL spot ETF, driving the token up 6% to $192.