Tether USDT supply set for biggest monthly decline since 2022 FTX collapse
Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings.
Bitcoin ETFs shed $166M as BTC heads for worst start in years
Spot Bitcoin ETFs are approaching a five-week outflow streak, with $2.7 billion in net redemptions year-to-date, as BTC posts one of its weakest starts to a year.
Metaplanet CEO rejects claims it hid details of Bitcoin trades
Metaplanet’s Simon Gerovich addressed critics who accused the company of hiding losses and key details of its Bitcoin bets, as investor anger over leveraged Bitcoin treasuries spreads.
White House floats limited stablecoin rewards in third crypto, bank meeting
White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.
Bitcoin developer Matt Carallo says Bitcoiners are looking to “blame something” for the asset’s sluggish price, dismissing quantum fears as the culprit.