Omnichain versions of Tether’s stablecoin USDt (USDT) and Tether Gold (XAUT) are now available on Solana through Legacy Mesh, an interoperability network built on LayerZero that connects native stablecoin liquidity across multiple blockchains; this could position Solana as a competitive settlement layer for onchain finance and real-world assets (RWAs). The deployment of USDT0 and XAUT0 effectively brings Tether’s digital dollar and tokenized gold to Solana, potentially merging stablecoin liquidity with real-world asset use cases. Unlike Tether’s USDT stablecoin, USDT0 is not issued by Tether. Instead, it is part of a…
Day: October 15, 2025
Analyst Says Be Concerned About XRP Price When This Starts Happening To 3-Day Candles
The XRP price has been exhibiting a complex pattern of consolidation and retracement for weeks. However, according to prominent market analyst Egrag Crypto, there’s a critical signal to watch for that could determine whether the cryptocurrency’s bullish narrative remains intact or not. The expert’s analysis, shared on X social media, highlights that the behaviour of XRP’s 3-day candles could soon decide the direction of its next major move. XRP Price Integrity Hinges On 3-Day Candle Closes Below $2 In his post on X, Egrag Crypto explains the “measured move breakdown”…
$7K Ethereum by 2026? Analyst Explains the Bullish Case
Ethereum holds key support as analysts eye $7K by 2026. Charts show bullish setups, low exchange supply, and rising whale accumulation. Ethereum is showing a strong chart structure as some market analysts suggest a possible price move to $7,000 by mid-2026. Meanwhile, the asset is holding key levels after a recent pullback, with trading activity reflecting a phase of consolidation. Analysts point to long-term patterns and investor behavior as reasons for this forecast. Weekly Chart Forms Bullish Pattern A technical chart shared by analyst Mike Investing shows Ethereum trading…
US President Trump Confirms Trade War With China
US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week. “Well, we’re in one now,” Trump said after being asked by White House reporters whether the US is preparing for a “sustained trade war with China.” ”If we didn’t have tariffs, we would be exposed as being a nothing, we would have no defense,” Trump explained, calling the tariffs an important measure for America’s national security. 🚨 JUST IN: President Trump declares the…
Zeta Network Raises $230M in Bitcoin-Backed Private Sale
Zeta Network Group said on Wednesday that it raised about $230.8 million through a private share sale, with investors paying in Bitcoin (BTC) or SolvBTC — a wrapped Bitcoin-backed token issued by Solv Protocol. Under the deal, investors will receive newly issued Class A ordinary shares and warrants allowing them to buy additional shares later at $2.55 each. Each share and warrant pair was sold at a combined price of $1.70. According to Zeta, the arrangement will strengthen its balance sheet with Bitcoin-based assets as part of a broader treasury…
James Wynn, High-Stakes Leveraged Crypto Trader, Liquidated Once Again
James Wynn, a pseudonymous high-leverage crypto trader, was liquidated for about $4.8 million on Wednesday, according to blockchain analytics company Lookonchain. Wynn opened up $4.8 million in leveraged positions with $197,000 in stablecoins on Tuesday, Lookonchain reported. “Back with a vengeance, coming to get what’s rightly mine,” Wynn said on Tuesday as he placed his bets. Wynn opened a 40x long position on 34 Bitcoin (BTC), valued at $3.85M, a 10x long on 122,000,000 KingPepe (kPEPE) meme tokens, valued at $917,000, and a 10x position on 712 Hyperliquid (HYPE), valued…
Ripple Expands African Footprint Through Strategic Partnership with Absa Bank
Ripple’s global custody network now spans multiple continents, with Absa becoming its first major institutional partner in Africa. Ripple has announced a strategic partnership with South Africa’s Absa Bank. Under the agreement, Absa will integrate Ripple’s custody technology to manage tokenized assets, including cryptocurrencies. With this partnership, Absa gains access to Ripple’s institutional-grade technology, while the latter advances its broader mission of integrating digital assets into mainstream financial operations across Africa. Institutional Digital Asset Custody The latest development marks Ripple’s first major custody collaboration in Africa, which comes at…
Ripple CEO Calls for Parity in Treatment of TradFi, Crypto Companies
Ripple CEO Brad Garlinghouse said at a recent conference that crypto companies should receive the same benefits as traditional financial institutions when following the same laws and regulations. Speaking at DC Fintech Week on Wednesday, Garlinghouse said it was unlikely for regulators such as the US Securities and Exchange Commission (SEC) to roll back their policies after the potential departure of Chair Paul Atkins or US President Donald Trump, who nominated the head of the agency. However, he also criticized the disparity between the treatment of crypto companies and traditional…
CME Futures Open Interest Tops Binance After Flash Crash
Key takeaways: CME’s futures open interest in the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. Despite CME’s lead in open interest, unregulated exchanges still dominate trading volumes, especially in altcoin and perpetual futures. Friday’s cryptocurrency market crash wiped out a record $74 billion in leveraged positions across the industry. Although prices recovered more than half of the losses within a few hours, the damage to futures open interest had already been done. The movement triggered an unexpected shift that could mark the “end…
Aave Freezes PYUSD Markets after Unprecedented 300T Mint and Burn
Blockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a Wednesday X post following the mint and burn, Chaos Labs founder Omer Goldberg said Aave would be temporarily freezing trades for PayPal USD (PYUSD) after an “unexpected high-magnitude transaction” of minting and burning the stablecoin. Ethereum blockchain data showed Paxos minting 300 trillion of the US dollar-pegged stablecoin at 7:12 pm UTC and then burning the entire amount 22 minutes…