Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain.Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, rather than entering circulation immediately.Of the newly minted supply, $1 billion was sent directly to Binance, the largest global crypto exchange by trading volume.This transaction suggests that trading activity across crypto markets intensified, especially following Bitcoin’s new all-time high above $120,000.USDT plays a critical role in…
Author: cryphedge
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: July 16, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Mahé, Seychelles, July 16th, 2025, Chainwire Aster, the next-generation decentralized perpetual exchange (perp DEX) backed by YZi Labs, is once again pushing the frontier of DeFi innovation with the launch of a new asset type on Aster Pro: stock perpetual contracts. Traders can now gain leveraged, permissionless exposure to leading U.S. stocks including Amazon (AMZN), Apple (AAPL), Alphabet (GOOG), Meta (META), Microsoft (MSFT), NVIDIA (NVDA) and Tesla (TSLA), with more blue-chip names to follow. This makes Aster one of the few global perp DEXs to offer stock-based perpetual futures – giving users the power to diversify into equities without compromising…
A new viral memecoin, which costs less than $0.002, is garnering significant attention in the cryptocurrency world. Top traders are saying it’s the next Shiba Inu or Pepe. Little Pepe ($LILPEPE) is the first meme currency that combines meme appeal with real usefulness. It achieves this by utilizing its own Layer 2 blockchain.With a presale price of only $0.0014 for Stage 5, early investors are already poised to make a substantial profit. Many analysts believe that investing $400 now could increase to $100,000 or more by 2026, as Little Pepe ($LILPEPE) gains traction before major exchange listings and the next…
PUMP, the native token of Solana-based memecoin launchpad Pump.fun, has experienced a significant price boost following its first-ever token buyback.On July 16, blockchain analyst Ember CN reported that Pump.fun spent 111,953 SOL, worth $18.34 million, to repurchase 3.04 billion PUMP tokens at an average price of $0.006.According to Ember CN, the SOL used for the buyback originated from the platform’s fee wallets, which totaled 187,770 SOL, valued at $30.59 million. After the buyback, Pump.fun still holds 69,420 SOL, worth $11.48 million, leaving room for further buybacks in the future.This move represents a shift from the platform’s previous approach of transferring…
The cryptocurrency domain is currently basking in the aftermath of the recent bullish Bitcoin glory. Bitcoin recently noted a spectacular price spike to $122K, fueling the altcoin season frenzy once again. Despite the challenges that the cryptocurrency market continues to encounter, the market is emerging stronger with each dive, displaying beautiful results for its investors. Here’s how a $1000 investment in leading coins, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and Cardano (ADA), may grow in about five years.Also Read: Your $1K In Ripple (XRP) Could Explode—If It Hits $5 Or $10The Latest Developments Concerning These 5…
A procedural vote to advance landmark crypto legislation failed on the House floor Tuesday, only to be revived hours later following direct intervention from President Donald Trump.The reversal followed a brief but intense standoff between Republican leadership and a small group of conservative holdouts, which paralyzed the chamber and ultimately required a presidential deal to resolve.The legislative impasse began Tuesday afternoon when the House failed to pass a rule governing debate for a slate of digital asset bills, including the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.In an awkward rebuke of party leadership, 13 conservative Republicans joined…
Bitcoin (BTC) could decline to around $107,000 and $109,000 in the near term. Over $9.4 billion worth of assets have been moved to centralized exchanges. An analyst has observed that the recent rally lacked retail interest, and could spell doom for the market. Bitcoin (BTC) faces one of its major bearish tests in days as profit-taking actions increase its reserves on various centralized exchanges. Reviewing CryptoQuant data, we found that more than 80,810 BTC ($9.4 billion) was moved to exchanges yesterday, July 15, increasing selling pressure and forcing the price to plunge below $118k. Source: CryptoQuant According to our analyst’s…
As of July 2025, the AI and big data crypto market cap has surged to nearly $33.64 billion, reflecting a 6.61% intraday increase. This category is reshaping the cryptocurrency landscape.This impressive growth is largely attributed to AI tokens, with projects like Bittensor, NEAR Protocol, and Internet Computer capturing the attention of investors, as evidenced by their recent price surges. Below, we delve into these three cryptocurrencies, examining their technical trends and forward forecasts.Bittensor (TAO)Bittensor stands out as a decentralized machine-learning network where developers can earn TAO tokens by contributing valuable AI models. Currently, its market cap hovers around $4.1 billion. Recently, Bittensor…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: July 16, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
