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Tether’s ‘Genius Idea:’ Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential

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…

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Trump-Related Meme Coins Plunge Amid Rumors of New ‘Official’ DJT Token on Solana

Trump-related meme coins, including the popular MAGA (TRUMP) coin, have experienced a significant drop, plummeting over 51% in value. This decline follows rumors of an upcoming “official” Trump token launch…

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Bitcoin Sees Selling Pressure From Miners and Long-term Holders Amid Drop to $64K: Bitfinex

Last week marked a notable shift in the dynamics of the crypto market. Bitcoin (BTC) lost over 6% of its value, and U.S. spot Bitcoin exchange-traded funds (ETF) broke their…

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VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This Week

American investment management firm VanEck is set to launch the first spot Bitcoin exchange-traded fund (ETF) on Australia’s securities trading platform this week. According to an official announcement from the…

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Financial Advisors Wary of Investing in Spot Bitcoin ETFs, BlackRock Exec Says

BlackRock’s chief investment officer for index investments, Samara Cohen, recently implied that amidst the recent success of spot Bitcoin exchange-traded funds, financial investors still exercise some degree of caution when…

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