Altcoins

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On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed digital asset. In a post on X on June 18, industry analyst and stock-to-flow creator Willy Woo said it was “A genius business idea by Tether.” Tether’s USDT is currently earning on U.S. Treasury Bills, but now the firm can issue a stablecoin that earns on gold gains, he explained. This has greater potential for profits as, over the long term, gold...

CoinspeakerShiba Inu (SHIB) Whale Activity on Rise amid Heightened Crypto Selling Pressure The significant adoption of the Shiba Inu (SHIB) ecosystem in the recent past has been fueled by the notable Shibarium growth. Shiba Inu (SHIB) Whale Activity on Rise amid Heightened Crypto Selling Pressure

CoinspeakerAI Coins Slump as Google Trends Reveal Peak Retail Investor Interest Despite the current dynamics, investors are questioning whether this is a temporary buying opportunity or a signal of a local top.  AI Coins Slump as Google Trends Reveal Peak Retail Investor Interest

CoinspeakerCardano Founder Stunned as Pet Pig Inspires Million-Dollar Meme Coin It all started when Hoskinson shared a picture of his pet pig, Nike, on the social network X. Cardano Founder Stunned as Pet Pig Inspires Million-Dollar Meme Coin

CoinspeakerTrump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash Despite selling a significant portion of his holdings, the whale retains 28% of his wallet in Trump tokens, valued at approximately $372,000. Trump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash

CoinspeakerDogecoin Futures Witness Largest Liquidations since May 2021 Nearly all DOGE liquidation activity in the past 24 hours stemmed from long positions, with only about $600,000 worth of shorts, or bets against the token, being liquidated. Dogecoin Futures Witness Largest Liquidations since May 2021

CoinspeakerRipple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant The validator further revealed that the ticker and name used for the scam token are not unique on the XRP Ledger. Ripple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant

Venezuelan political critics and activists have warned that President Nicolás Maduro and his government are increasingly turning to cryptocurrency transactions as a method to evade international sanctions. This follows the U.S. reinstating gold and oil sanctions recently, following Maduro’s failure to honor an agreement to ensure fair elections scheduled for July. Critics Urge for Stricter Sanctions For nearly two decades, the U.S. has imposed targeted sanctions on Venezuela,...