USDT Is Returning to Bitcoin After 10 Years. Should Users Care?

Tether‘s USDT, a $184 billion digital dollar, is coming back to Bitcoin this month, more than a decade after it first launched there. The new version promises private payments, with most details kept off Bitcoin’s public record.  USDT is the largest stablecoin, a crypto token pegged to the US dollar. It returns just as Washington asks whether Tether can police the coins it already has.  Sponsored  Sponsored  What Changes for USDT Holders When It Returns to Bitcoin?  For now, nothing. Tether billed the move as an expansion of its Bitcoin support in a 2025 announcement. Coins on Tron and Ethereum stay where they are.  “USDT on Bitcoin. Its coming home,” wrote Paolo Ardoino, CEO of Tether.  Ardoino set out the goal in 2025, promising exchanges and wallets private transfers, BTC-to-USDT swaps, and loans backed by Bitcoin.  “Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable,” Ardoino said at the time.  Is USDT Leaving Tron and Ethereum?  Theres no sign of that. Today, about $92 billion of USDT sits on Tron, roughly half of all coins in circulation, according to DefiLlama. Ethereum holds another $74 billion. Together, the two networks carry more than 90% of the supply.  Stablecoin Usage by Chain. Source: DefiLlama  Sponsored  Sponsored  Tether‘s 2025 announcement says nothing about pulling

3 دن پہلےانڈسٹری

Tesla Stock Jumps 6% on Delivery Beat: Will Earnings Back It Up?

Tesla delivered 486,532 vehicles between July and September, beating the average forecast from 24 analysts by about 24,600. Tesla stock rose 5.5% to $373.55 by mid-morning Friday, according to Yahoo Finance.  The factory did not keep pace, however. Tesla built 464,391 vehicles, so about 22,000 of the cars it handed to buyers were made in earlier quarters.  Sponsored  Sponsored  Tesla Stock (TSLA) Performance. Source: Yahoo FinanceWhat Drove Teslas Delivery Beat  Model 3 and Model Y, Teslas mass-market sedan and SUV, did nearly all the work. They reached 478,237 deliveries, against 450,712 in Teslas own survey of analyst forecasts.  Teslas other models, a group that includes the Cybertruck, fell short. Deliveries came to 8,295, below the 11,285 expected and roughly half the 15,933 a year earlier.  Total deliveries slipped about 2% from more than 497,000 a year ago. That quarter was inflated by buyers rushing to claim a $7,500 US electric vehicle tax credit before it expired on Sept. 30, 2025.  Q3 2026  Production: 464,391  Deliveries: 486,532  Energy storage deployments: 13.7 GWh  Compared with the April to June quarter, deliveries rose 1.3%. Europe helped. Registrations there were up about two-thirds through August, Reuters reported.  Sponsored  Sponsored  Why Tesla Stock Now Hinges on October 21 Earnings  This is the second straight quarter Tesla sold more cars than it

3 دن پہلےانڈسٹری

US Adds Just 29,000 Jobs in September: Why Are Bitcoin and Gold Jumping?

Americas employers barely hired anyone in September. They added just 29,000 jobs, less than a third of the 90,000 economists expected. Markets cheered anyway.  Bad news for job seekers became good news for Bitcoin (BTC) and gold. Both jumped within minutes of the US jobs report. Traders betting against Bitcoin paid the price.  Sponsored  Sponsored  A US Jobs Report That Missed by 61,000  The Bureau of Labor Statistics (BLS), the government agency that counts American jobs, released the numbers at 8:30 a.m. ET on Friday.  The unemployment rate rose to 4.2%. Economists had expected 4.1%. In August, by contrast, employers added 162,000 jobs, according to the first estimate.  The BLS said hiring “changed little” in every major industry.  Gold and Bitcoin 5-minute charts jumping after the US jobs report, Source: TradingView  Sponsored  Sponsored  Why Bitcoin and Gold Rose on Weak Jobs Data  Gold climbed from about $4,178 an ounce to $4,227 in minutes, TradingView data shows. Bitcoin rose from about $86,450 to nearly $87,230.  Bitcoin last traded at $86,767, up 3.48% in a day, according to live Bitcoin price data.  It was the second time this week. On Wednesday, both assets jumped within minutes after a key US inflation measure cooled to 3.4%.  $27.5 Million in Bets Against Bitcoin Wiped Out  Many crypto traders borrow money

3 دن پہلےانڈسٹری

US payrolls rise just 29,000 in September, can Bitcoin price rally?

Bitcoin could get more room to recover after U.S. nonfarm payrolls rose by just 29,000 in September, well below forecasts, adding to expectations that the Federal Reserve may hold interest rates steady at its October meeting.  According to Reuters, payrolls rose by 29,000 last month after Augusts gain was revised down to 133,000 from the 162,000 initially reported. Economists surveyed by the news agency had expected 90,000 new jobs. The unemployment rate edged up to 4.2% from 4.1%.  The weak headline arrived at a sensitive point for Bitcoin. BTC had already climbed past $85,000 before the release as traders cut expectations for another immediate Fed rate hike, while short sellers closed positions during the move.  Bitcoin was trading toward $86,000 in the hours leading up to the jobs report, leaving the market within reach of the $87,000 to $87,500 area that has repeatedly limited gains over the past two weeks.  A weaker labor market could give the Fed another reason to wait after raising its benchmark rate by 25 basis points in September. For Bitcoin, the immediate question is whether lower rate expectations can pull Treasury yields down enough to ease some of the macro pressure that has repeatedly interrupted its recent rallies.  Weak payrolls

3 دن پہلےانڈسٹری

Circle wants EU to ease MiCA bank deposit rules for stablecoins

Circle has urged the European Commission to remove fixed bank deposit requirements for stablecoin reserves as the EU reviews its Markets in Crypto Assets regulation.  SummaryCircle urged the European Commission to reconsider MiCA rules requiring stablecoin issuers to hold at least 30% of reserves in commercial bank deposits, rising to 60% for significant issuers.The USDC issuer backed replacing fixed deposit thresholds with liquidity requirements, aligning with a similar proposal from the European Central Bank.Circle argued mandatory deposits expose issuers to banking risks, pointing to its experience when $3.3 billion of USDC reserves became caught up in the Silicon Valley Bank collapse.The company wants the EU to preserve multi issuance arrangements that allow regulated entities inside and outside the bloc to jointly issue the same stablecoin.  Circle said in its response to the Commissions MiCA consultation that forcing e money token issuers to keep a set portion of their reserves at commercial banks leaves them exposed to credit and counterparty risks in the banking system.  Current rules require regular e money token issuers to keep at least 30% of their reserves in commercial bank deposits. For stablecoins classified as significant, the minimum rises to 60%.  The USDC and EURC issuer backed replacing those thresholds with

3 دن پہلےانڈسٹری

Cardanos DeFi has shrunk by more than half and RealFi is betting credit can revive it

Cardanos “bank the unbanked” push went live with RealFi, putting real-world credit behind a new dollar-token system.  Related Asset Cardano #14 ADA · $0.25 24-hour change: up 3.03% Loading price history… 24H Up 3.03% 7D Down 0.73% 30D Up 28.49%  On Oct. 1, RealFi launched USDrf and its yield-bearing counterpart, sUSDrf, on Cardano, moving a project Cardanos founder Charles Hoskinson has spent years describing as a bridge between blockchain finance and lending in emerging markets into production.  Eligible retail users can acquire USDrf and stake it for sUSDrf, which offers variable returns generated from the underlying portfolio. Direct minting and redemption with the issuer are reserved for verified institutional partners, creating different exit rights depending on who holds the token.  Hoskinson said in July that he had invested several million dollars in RealFi and that the team had serviced loans in Kenya and Uganda while building the platform largely outside public view. He described it as the first part of Cardanos effort to “bank the unbanked,” with returns generated from lending outside crypto markets rather than primarily through token incentives.  Related Person Charles Hoskinson CEO · Input Output  The launch also arrives at a consequential moment for Cardano. Its stablecoin base is expanding toward a record

3 دن پہلےانڈسٹری

Blackrock Drives $103M Bitcoin ETF Rebound as BTC Price Tops $86K

Bitcoin ETFs returned to positive territory on Thursday with $102.67 million in net inflows, led by a powerful day for Blackrocks IBIT.  Key TakeawaysBitcoin ETFs drew $102.67M on Thursday, led by Blackrocks IBIT with $195.57M. Some ETFs saw outflows.NEAR, XRP, and HYPE gained as ether, solana, and zcash funds saw more selective institutional demand.Friday will test if bitcoin inflows hold as ether and zcash redemptions deepen.  Blackrock Inflow Offsets Fidelity Outflow  Bitcoin wasted little time finding buyers again.  A day after its nine-session inflow streak ended, U.S. bitcoin ETFs drew $102.67 million in fresh capital. Blackrocks IBIT carried the recovery with a $195.57 million inflow, more than enough to absorb significant withdrawals elsewhere.  Grayscale‘s Bitcoin Mini Trust added $14.59 million, while Morgan Stanley’s MSBT brought in $7.04 million.  Fidelity‘s FBTC led the exits with $60.73 million. Grayscale’s GBTC lost $31.39 million, while Ark & 21Shares‘ ARKB and Bitwise’s BITB shed $7.72 million and $6.89 million, respectively. Daily trading volume reached $1.97 billion, as net assets rose to $109.34 billion.  The category has now attracted $2.99 billion over the past 30 days, providing a strong institutional backdrop as bitcoins price climbed above $86K.  The week flipped back to green for bitcoin ETFs, with a $103M inflow. Source: SosovalueEther Weakness

3 دن پہلےانڈسٹری

October FOMC Polymarket odds Favor Rate Hold

October FOMC Polymarket odds now point firmly to a pause. Traders price an 84% chance the Federal Reserve holds rates at its October meeting, against just 16% for a 25-basis-point hike.  The shift followed New York Fed President John Williamss signal that another increase does not require immediate action. These are market-implied odds, not a Fed forecast, and Williams left the door open to a hike later in 2026.  This is not simply a repricing of one meeting. It is a shift in the markets near-term policy expectation, while the possibility of further tightening later in the year remains in view.  Put Your Money Where Your Mouth is On PolymarketWhat Are October FOMC Polymarket Odds Showing Now?  October FOMC Polymarket Odds Polymarket  The repricing has been fast. Hold odds jumped 35 percentage points in a day, while hike odds fell 33 points. Only a week ago, a hike led this market with about 67%.  The contract has drawn nearly $23 million in volume and is set to resolve on October 28. All other outcomes sit near zero:25-basis-point cut: about 1%50+ basis-point hike: under 1%50+ basis-point cut: under 1%  The result depends on the change to the upper bound of the federal funds target range after the October

3 دن پہلےانڈسٹری

U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

SummaryThe U.S. added 29,000 jobs in September, missing forecasts for 90,000.The unemployment rate unexpectedly rose to 4.2%.Bitcoin continued about 2% higher for the day at $86,600.  The U.S. labor market showed weakness in September, potentially giving the Federal Reserve room to hold interest rates even as inflation remains elevated.  The U.S. added 29,000 jobs in September, according to the government‘s Nonfarm Payrolls Report released Friday morning. That was below the consensus forecast of 90,000 and compared with August’s gain of 133,000 (revised down from an originally reported 162,000).  The unemployment rate rose to 4.2%, versus expectations of 4.1% and Augusts reading of 4.1%.  In addition to August‘s downward revision, July’s 21,000 jobs gain was revised to a jobs loss of 10,000.  Already higher on the session, bitcoin continued just under $87,000 in the minutes following the release. U.S. stock index futures were adding to gains, the Nasdaq rising 1.2%.  The 10-year Treasury yield slumped by 7 basis points to 5.17%, and the 2-year yield fell by a similar margin to 4.71%. Gold gained more than 1%, and the greenback fell versus major currencies.  Checking other report numbers, average hourly earnings rose just 0.1% last month, well shy of forecasts for 0.3% and August‘s 0.3%. On a year-over-year

3 دن پہلےانڈسٹری

'Uptober' Off With a Bang as Bitcoin Surges to $86K

In briefBitcoin traded at $86,757 Friday, up 3% on the day and 2% over the week.August core PCE came in at 3.0% against 3.3% expected, and futures now put a hold at the October FOMC at 74%, from 35.8% a week ago.Spot Bitcoin ETFs took in $6.34 billion in the third quarter, but net inflows for 2026 remain under $1 billion.  Bitcoin was trading at $86,757 on Friday, up 3% over 24 hours and 2% on the week, according to CoinGecko data, after a September that broke the months losing reputation. It remains about 31% below the record it set a year ago.  The move follows Wednesdays inflation reading. August core PCE came in at 3.0% against expectations of 3.3%, and the repricing that followed has swung the odds toward the Federal Reserve holding rates at its October 28 meeting. Futures put a hold at 74%, according to CMEs FedWatch tool, against 35.8% a week ago, and traders on Myriad, a prediction market owned by Decrypts parent company Dastan, price it at 75%. The shift came from an even split as recently as September 29, Nexo analyst Iliya Kalchev told Decrypt.  BitcoinBTC · USD  $85,156+1.69%  24H7D1M1YYTD  Sep 25Sep 27Sep 29Sep 30Oct 2  $86.8k$85.4k$84.0k$82.7k  24h HighHigh$87,086  24h LowLow$84,068  VolVol$1.9B  Market projectionsOdds by

3 دن پہلےانڈسٹری
1
...
1113
...
1000