Day: October 24, 2025

Tether plans to expand USAT stablecoin reach to 100M Americans by December: CoinDesk

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Key Takeaways Tether is positioning Rumble as a major distribution partner for its USAT stablecoin launch. The Rumble integration will allow Bitcoin and crypto tipping, expanding access to 51 million US users. Share this article Tether, the issuer of USDT, plans to expand its USAT stablecoin reach to 100 million Americans by December as it moves into US-regulated digital assets. USAT is a fully compliant stablecoin under the GENIUS Act, backed one-to-one with the US dollar and operated via Anchorage Digital, with reserves managed by Cantor Fitzgerald. At an event…

Zelle Adopting Stablecoin Rails for Cross-Border Payments to and From US

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Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States. Zelle launched in 2017 and already features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s announcement: “We’re investing where consumer need, bank capability and global opportunity intersect.” The Zelle platform is collectively owned by the member banks that use the service, including, but…

Rumble to enable Bitcoin tipping for its 51 million users

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Key Takeaways Rumble is expanding creator monetization options with Bitcoin and crypto tipping. The move reflects a broader trend of digital platforms integrating decentralized payment solutions. Share this article Rumble, a video-sharing platform, plans to introduce Bitcoin and crypto tipping functionality for its 51 million users. The integration will allow creators to receive Bitcoin payments directly from viewers, adding to the platform’s existing monetization options. Rumble has been actively developing blockchain technology features to enable cryptocurrency tipping across various digital assets. The move aligns with broader industry trends toward crypto-enabled…

Tether Forecasts $15B Profit for 2025 Amid Stablecoin Boom

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Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation,…

Analyst Predicts $300K Bitcoin Peak Despite Bearish Mood

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Regression model suggests a return to trend midline could lift Bitcoin to $175K, with the upper band targeting $300K. A prominent analyst is pushing back against growing fears that Bitcoin (BTC) is entering a prolonged downturn. The market technician is using historical price models to show that the current weakness is a typical pause within a larger upward trend, setting the stage for a future peak that could exceed $300,000. The Case for a Continued Bull Run In an October 24 post on X, EGRAG CRYPTO pointed to a…

Tether projected to earn $15B in profit this year

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Key Takeaways Tether, the leading stablecoin issuer, is projected to earn $15 billion in profit. The company has a whopping 99% profit margin, according to CEO Paolo Ardoino. Share this article Tether, issuer of the leading dollar-pegged stablecoin, is projected to earn $15 billion in profit this year, according to CEO Paolo Ardoino. The stablecoin issuer operates with a small team while emphasizing streamlined processes for maintaining its operations. Tether directs a share of its earnings toward Bitcoin acquisitions to bolster its reserves. CEO Paolo Ardoino advocates for stablecoins as…

Token Will eventually Come, but the US App Takes Priority

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Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said: “Why rush a token if you need to prioritize the US app? We’ve been dying for this app for the past five years. A lot has happened because of this, you know, because…

WazirX Shutdown Ends, UK FCA Targets HTX: Global Express

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After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. On the flip side, European regulators are seeking additional sanctions on Russian cryptocurrency exchanges. From crypto to oil, EU officials are increasingly concerned with Russia evading sanctions over its…

Is Bitcoin Ready to Break Out? Key Level to Watch Now

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Bitcoin nears a key breakout level at $110.8K, forming an ascending triangle as analysts track cycles, valuations, and macro drivers. Bitcoin is moving closer to a major resistance zone, with the price building pressure near $110,800. A possible ascending triangle pattern is forming, which could signal a continuation if confirmed. Bitcoin Builds Structure Near Resistance The daily chart shared by Rekt Capital shows a rising trendline with flat resistance around $110,800. This setup suggests a potential ascending triangle — a common pattern that often leads to upward movement. The…

Pump.fun Acquires Padre to Boost Memecoin Liquidity

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Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024. Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes.  Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support. Source: Pump.fun…