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Tether (USDT)

Singapore, UK, Swiss, and Japan Regulators Collaborate on Asset Tokenization Pilots

The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns. Government agencies in multiple countries are collaborating on asset tokenization tests with real-world assets. In a Monday announcement from the Monetary Authority of Singapore (MAS), regulators in Japan, Switzerland, Singapore, and the UK are all working on tokenization pilots in foreign exchange, fixed income, and asset management products. The...

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Zeebu (ZBU) Announces Listing on BitForex

[PRESS RELEASE – Dubai, United Arab Emirates, October 28th, 2023] Zeebu, the pioneering Web3 Neobank for Telecoms, is elated to share a development with its loyal community. Zeebu is thrilled to announce its forthcoming listing on BitForex, a prominent global cryptocurrency exchange, This development marks a significant stride for Zeebu ($ZBU) community and the Telecom Carrier sector. Listing Details: Trading Pair: ZBU/USDT ZBU deposit will open on 2023/10/26 at 19:00...

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Zeebu (ZBU) Announces Listing on BitForex

Dubai, United Arab Emirates, October 28, 2023 – Zeebu, the pioneering Web3 Neobank for Telecoms, is elated to share a development with its loyal community. Zeebu is thrilled to announce its forthcoming listing on BitForex, a prominent global cryptocurrency exchange, This development marks a significant stride for Zeebu ($ZBU) community and the Telecom Carrier sector. Listing Details: Trading Pair: ZBU/USDT ZBU deposit will open on 2023/10/26 at 19:00 (GMT+8)...

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Kraken To Suspend All USDT, WBTC Deposits In Canada

Crypto exchange Kraken has confirmed that it plans to close all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada. The suspension follows a similar stablecoin clampdown at other Canadian exchanges, amid regulatory guidance pertaining to the legal standing of such tokens. No More Value-Pegged Tokens At Kraken According to an email received by CryptoPotato from Kraken on Friday, the firm is now “required”...

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Tether Sets the Record Straight: No Violations of Sanctions Laws, No Terrorist Ties

Last week, the Wall Street Journal inaccurately reported that Hamas and affiliated terror groups had received tens of millions of dollars in cryptocurrency, which was allegedly being used to support the ongoing conflict in the Middle East. However, blockchain analytics firms, such as Chainalysis and Elliptic, have contradicted this claim, suggesting that the actual funding amount was more likely in the range of a few thousand dollars. Despite these clarifications, the Wall...

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Important OKX Update That Concerns Ripple (XRP)

TL;DR Cryptocurrency exchange OKX is set to remove 17 trading pairs in two phases at the end of October. While the exact rationale wasn’t provided, OKX emphasized its routine review of the performance and listing qualifications of trading pairs. Despite XRP being part of the delisting, its price remains on the rise, recently hitting a two-month peak of around $0.58. The leading cryptocurrency exchange – OKX – revealed that it will remove 17 spot trading pairs from its...

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This Swiss Company Wants to Use Excess Energy From Food Production to Mine Bitcoin

Gabbani, a hotel company based in Lugano, Switzerland, has unveiled an initiative to mine Bitcoin using excess energy from its food production facility. The new project is set to solidify Lugano’s status as the leading European blockchain hub. According to an official announcement by stablecoin issuing company Tether, Gabbani will install a Bitcoin mining system in its food production facility to harness excess energy as electricity costs in Europe continue to rise. Food...

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Ripple Victory in SEC Lawsuit: 4 Tailwinds and 3 Headwinds for XRP price

Ripple (XRP) is the 5th largest crypto by market cap behind BTC, ETH, USDT, and BNB. In mid-October 2023, Ripple had a market capitalization of $26.6 billion. XRP price began to rally again in mid-October after six months of hardly moving (other than a July spike that lasted about a few weeks). Here are six major XRP price factors moving forward: 1. Tailwind: SEC Drops Charges Against Ripple Executives Ripple tokens jumped to 6% gains on the 7-day window Thursday after...

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This Shiba Inu (SHIB) Rival Affected by BitMEX’s Recent Delisting Spree

TL;DR BitMEX is delisting ten perpetual swap contracts, including FLOKI/USD and FLOKI/USDT, due to “insufficient trading interest.” Despite the delisting, Floki Inu’s (FLOKI) price increased by around 3% in the past 24 hours, outperforming other major memecoins like Dogecoin and Shiba Inu. Floki Inu is among many memecoins in the market, known for their high volatility; investors are cautioned about potential risks due to some having minimal real-world use cases. FLOKI Takes...

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Matrixport Report: BlackRock’s Bitcoin ETF Approval Could Boost BTC Price to $42K-56K

Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate. A recent report from the crypto financial services platform Matrixport suggests that the approval of BlackRock’s Bitcoin Exchange Traded Fund (ETF) could propel the price of Bitcoin (BTC) to the range of $42,000 to $56,000. The Impact of BlackRock’s ETF Approval on BTC Price...

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