Binance Futures to Launch USD-Margined VVV USDT Perpetual Contract ————— NFA.
It is “another milestone for the Everything App,” said X CEO Linda Yaccarino on Jan 28. “Visa is our first partner for the X Money account, which will debut later this year,” she added. The social media company will use Visa Direct, Visa’s solution for real-time money transfers, to load money into X Money’s wallet. The latter can be used to connect to a debit card to pay other users and to transfer money back to bank accounts. X Money will launch later in 2025 and compete with established players such as Venmo, Cash App, and Zelle. Another milestone for the Everything App: @Visa is our first partner for the @XMoney Account, which will debut later this year. Allows for secure + instant funding to your X Wallet via Visa Direct Connects to your debit card allowing P2P payments Option to instantly… — Linda Yaccarino (@lindayaX) January 28, 2025 Payments Coming to X “Visa Direct will make it possible for US X Money Account users to fund and transfer money in real-time with their debit card,” the credit card company confirmed . According to CNBC, X Money will allow creators on the platform to get paid for their monetized content and store those funds directly on X rather than in a bank. “The X Money service is expected to launch in the first quarter, and deals with more financial partners are likely,” the outlet reported, citing anonymous sources. Podcaster Lex Fridman said, “I can’t wait for this,” before adding, “Payments, banking, etc could use a lot of innovation. Integrating crypto would be great, too.” It has long been rumored that Elon Musk would enable Dogecoin (DOGE) payments on the platform, but there was no mention of crypto in the announcement. Musk first started talking about his vision for making X (then known as Twitter) a financial platform soon after he took over the company. He mentioned using the platform to tip creators and get a high yield from balances held on it. X can “become the biggest financial institution in the world,” Musk said in a March 2023 interview. App researchers have also been finding and delving into the code for the payment platform: Let’s see what X Money really is! At first, it won’t be available in all US states! You’ll have a wallet in your X account where you can deposit or withdraw money from it! You’ll be able to connect your bank accounts. Then you can use it to transfer money to other users! pic.twitter.com/GPSqrooEIm — Nima Owji (@nima_owji) January 23, 2025 Regulatory Quagmire Money transmitter licenses in the United States are not easy to obtain, and X has been working hard for the past year. The company has been actively applying for these money service licenses, is currently licensed in 41 states, and is registered with the Financial Crimes Enforcement Network (FinCEN), according to the website. It has also been suggested that X Money will not be available in all US states when it launches. The platform currently has around 55 million users across the United States. The post X Announces Partnership With Visa to Power New Digital Wallet appeared first on CryptoPotato .
On January 29th, COINOTAG News reported on a significant development in the Ethereum ecosystem, following a statement from Consensys. The blockchain-centric company emphasized the necessity of improving Ethereum’s decentralization by
South Dakota is making headlines as it paves the way for Bitcoin to be included in its financial reserves, aligning with emerging pro-crypto policies in the U.S. With increasing momentum
Nuvve also plans to accept BTC payments. It now joins a growing list of corporate Bitcoin adopters. Meanwhile, Japan’s Metaplanet is raising $745 million to expand its Bitcoin holdings, and plans to accumulate 10,000 BTC by late 2025 and 21,000 BTC by 2026. In the US, Arizona lawmakers advanced the Strategic Bitcoin Reserve Act, which will allow government entities to allocate up to 10% of their capital towards Bitcoin. Nuvve to Invest in Bitcoin Nuvve, the Nasdaq-listed clean energy electric vehicle charging technology firm, announced plans to allocate a portion of its treasury into Bitcoin (BTC). It will set aside up to 30% of its excess cash reserves to buy Bitcoin. The company stated in a press release on Jan. 28 that its move to add Bitcoin to its balance sheet is part of a strategy to diversify its holdings and offer Bitcoin as a payment option for customers and suppliers. Gregory Poilasne, founder and CEO of Nuvve, pointed out that accepting Bitcoin will expand payment choices while also reducing transaction friction that is associated with traditional digital payment methods. By integrating Bitcoin into its treasury strategy, Nuvve joins a growing list of publicly traded companies that turned to the cryptocurrency to boost financial stability and share value, especially as Bitcoin has surged 150% over the past year. After the announcement, shares of Nuvve (NVVE) saw a brief increase, and closed at $2.81 with a 1.81% gain on Jan. 28. It is still down from a daily high of over $4. After hours, the stock continued its modest upward movement by climbing another 1.42% to $2.85. However, the company’s stock is still in a long-term decline, down 10% in value so far this month. Nuvve share price (Source: Google Finance ) Financially, Nuvve reported $1.92 million in revenue for the third quarter of 2024, which was a 29.3% decline from the previous quarter. Its latest financial filings show it holds $325,425 in cash, which, if 30% were allocated to Bitcoin at its current price of $101,836, would amount to just under one BTC. Bitcoin Treasuries data reveals that 62 publicly traded companies collectively hold 618,615 BTC, which is valued at over $62.6 billion. MicroStrategy is still the largest corporate Bitcoin holder with 471,107 BTC, while Tesla, the leading electric vehicle manufacturer, owns 9,720 BTC. Metaplanet Plans Another Massive Bitcoin Buy Metaplanet, a publicly traded company in Japan, also recently announced an ambitious plan to raise more than 116 billion yen (approximately $745 million) to expand its Bitcoin holdings. On Jan. 29, the company issued 21 million shares of 0% discount moving strike warrants to generate the necessary funds to buy additional Bitcoin. Metaplanet described this as the largest capital raise in Asian equity markets dedicated to Bitcoin acquisition. The company’s decision to increase its Bitcoin reserves is part of its strategy to hedge against the declining value of the yen and position itself as a leader in corporate Bitcoin adoption. This fundraising initiative is also the first phase of Metaplanet’s larger Bitcoin strategy, with a goal of buying 10,000 BTC by the fourth quarter of 2025. This investment is expected to exceed $1 billion at current market prices. By the end of 2026, the company plans to increase its holdings even more to 21,000 BTC, worth approximately $2.1 billion. (Source: Metaplanet ) Simon Gerovich, Metaplanet’s representative director and president, stated that the company is now recognized as “Tokyo’s preeminent Bitcoin company” and is taking advantage of its momentum to solidify its position in the market. Metaplanet first purchased Bitcoin on April 8 of 2024, and integrated it as a core treasury asset. Since adopting a Bitcoin standard, the company experienced exponential growth, and reported a 309% BTC yield in the fourth quarter of 2024, after a 41% yield in the third quarter. The firm also reported large unrealized gains from its Bitcoin holdings. Beyond its Bitcoin investments, Metaplanet has seen rapid expansion in other areas as well, including a surge in the number of shareholders, which is now over 50,000. Its share trading volume increased 430 times year-over-year. Arizona Lawmakers Advance Bill to Create a Bitcoin Reserve Arizona lawmakers took a big step toward integrating Bitcoin into the state’s financial strategy by advancing the Strategic Bitcoin Reserve Act (SB1025). The bill is co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, and passed the Arizona State Senate Finance Committee with a five-to-two vote on Jan. 27. It will now move to the Senate Rules Committee for further debate and amendments. If approved by the Senate, it will proceed to the House of Representatives. The bill proposes the establishment of a strategic Bitcoin reserve that will be managed by the US Treasury, which would store government Bitcoin holdings and allow other public funds to deposit their digital assets in a secure, segregated account. It will also permit government entities and public funds to allocate up to 10% of their capital into Bitcoin and other digital assets. This shift could attract increased public interest, particularly among younger generations. In fact, recent reports show that up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, while 78% have a lot more trust in alternative retirement savings over traditional pension funds. (Source: Bitget ) The move could set a precedent for other states also considering similar legislation. Blockchain expert Anndy Lian stated that Arizona’s initiative might encourage states like Texas and Pennsylvania, which have already explored Bitcoin adoption, to accelerate their own efforts. However, he also warned that incorporating Bitcoin into state reserves requires a lot of safeguards because of the cryptocurrency’s volatility. Overall, he pointed out the potential risks for taxpayers similar to those faced by crypto investors. The bill’s advancement happened at a time of growing discussions about a national Bitcoin reserve. Wyoming Republican Senator Cynthia Lummis has been a very vocal advocate for the idea, and if the proposal gains federal approval, it could have huge effects on Bitcoin’s price. Adam Back , co-founder and CEO of Blockstream, suggested that a move like this could push Bitcoin’s value past the seven-figure mark in the current market cycle. He believes this will be due to the fact that investors have yet to fully price in the impact of a nationwide Bitcoin reserve. There are currently at least 13 Bitcoin reserve-related bills in progress across various states, including Massachusetts, Pennsylvania, Kansas, New Hampshire, Wyoming, Ohio, Utah, and North Dakota. Support for these initiatives has grown a lot fueled by former President Donald Trump’s pro-crypto policies and recent executive orders on digital assets. If the bill succeeds, it could lead to an influx of new institutional Bitcoin adopters that could give BTC’s price a very nice boost.
The state-level Bitcoin reserve push aligns with Trump’s pro-crypto stance, driving renewed interest for crypto in U.S. financial policy.
The post Top 10 TRON Price APIs to Stay Ahead in the Crypto Game appeared first on Coinpedia Fintech News TRON (TRX) is one of the leading blockchain platforms designed to support high-speed and low-cost transactions . Understanding its price movements is essential for many in the crypto world. TRON price data is valuable for traders, developers, analysts, and businesses. Accurate price data helps traders make better buying or selling decisions. Developers can use this data to build tools like trading bots, portfolio trackers, or crypto payment platforms. Analysts rely on price data to study market trends and gain insights into TRON’s performance. Businesses that deal with cryptocurrencies can benefit from using TRON price data to price goods, services, or transactions. In this blog, we’ll explore the top 10 solutions for accessing TRON price data, making it easier for everyone to stay informed and make smarter decisions. TRON Price APIs Overview TRON price APIs allow users to access accurate and up-to-date information about the value of TRON (TRX). These APIs act as bridges, connecting users with real-time price data, historical trends, and market statistics. They are an essential tool for anyone looking to interact with TRON’s ecosystem or make informed decisions about trading or development. Whether you’re a trader monitoring the latest price fluctuations or a developer integrating TRON price data into an application, these APIs simplify the process by offering reliable and fast access to data. These APIs also provide additional features, such as blockchain analytics, transaction data, and token performance insights, which are particularly valuable for building dApps or conducting market research. Top 10 Tron Price APIs Here are the best Tron Price APIs that you can use to get critical information: 1. Bitquery Bitquery specializes in delivering rich, actionable blockchain data through its versatile platform. It empowers users to access real-time and historical data, enabling deep analysis and efficient decision-making. With over 40 blockchains, including TRON , Bitquery offers a seamless way to explore, monitor, and extract valuable insights from blockchain ecosystems. Bitquery’s advanced APIs provide comprehensive insights into the TRON network, with features tailored for developers, traders, and analysts seeking detailed data on token prices, DEX trades, and memecoin activity. Its subscription and streaming options ensure rapid access to high volumes of data without delays, making it a leading choice in blockchain analytics. Key Features 1. Price Tracking and OHLC Data Live Token Prices : Bitquery’s API provides real-time token prices on the TRON network, including USD pricing . The API delivers OHLC (Open, High, Low, Close) data, perfect for plotting charts like TradingView. 2. Tron DEX Trades API Real-Time Trade Updates: You can monitor every trade on Tron-based decentralized exchanges like SunSwap and Justswap . 3. Memecoin Data ( SunPump ) Buy & Sell Event Tracking: Receive real-time updates on all buy and sell events for memecoins like SunPump, helping you respond quickly to market changes. Real-Time Token Creation Alerts: Get notified whenever new tokens are created on SunPump so you can stay ahead of new memecoin launches. 4. Subscription-Based Access via GraphQL Streamlined Data Retrieval: Subscribe to specific events like new token creation without repeatedly calling the API. Customizable Filters: Tailor your queries to track only the tokens or events you care about. 5. Zero Latency Kafka Streams Instant On-Chain Data : You can access Tron USD price data with zero delay using their Tron Kafka Streams. This helps you consume high volumes of data without interruptions or performance bottlenecks. Why Bitquery Stands Out Bitquery sets itself apart by focusing on versatility, speed, and data depth. The platform’s ability to deliver instant insights through Kafka streams and subscription-based GraphQL APIs ensures users can handle even the most demanding use cases. Bitquery’s real-time updates for meme coin activity and decentralized exchange trades make it invaluable for traders who need to act quickly. Its multi-chain support and advanced filtering options make it ideal for developers building custom blockchain solutions. 2. TronGrid TronGrid is the official API platform for the TRON blockchain. It is designed to provide seamless access to network data. Developers can interact with the TRON ecosystem to fetch transaction data, monitor innovative contract interactions, and track wallet activities. TronGrid’s infrastructure supports dApp development, making it an essential tool for building decentralized applications on the TRON network. With reliable node access and real-time data, it simplifies integrating TRON blockchain features into various applications. Pros Official Support : TronGrid is the official API of the TRON blockchain, offering reliable and authenticated access to TRON network data. Developer-Friendly : TronGrid is tailored to app developers. It includes comprehensive documentation and tools for interacting with TRON’s smart contracts and transactions. High Availability : The platform ensures consistent uptime and reliability, making it a dependable choice for accessing TRON data. Cons Limited Multi-Chain Support : TronGrid is exclusively focused on the TRON network, which may limit its usability for projects requiring multi-chain data. Lack of Advanced Analytics : TronGrid primarily provides raw data, with minimal support for advanced analytics like memecoin tracking or token-specific insights. No Streamlined Data Subscription : TronGrid does not offer event subscription capabilities. This requires frequent API calls for updated data, which increases costs and complexity in data retrieval. 3. CoinGecko API The CoinGecko API is one of the most widely used cryptocurrency data APIs. It provides real-time and historical data for thousands of cryptocurrencies, including TRON (TRX). With support for market prices, trading volume, and market capitalization across multiple exchanges, CoinGecko is a go-to choice for developers, traders, and analysts. It is particularly popular for applications that require multi-currency price tracking and global market data aggregation. The API is easy to integrate and offers free and premium plans, catering to a wide range of users. Pros Comprehensive Market Data : CoinGecko provides detailed data on market prices, trading volume, and market capitalization for TRON and thousands of other cryptocurrencies. Multi-Currency Support : The API supports price tracking in multiple fiat and cryptocurrency pairs, making it suitable for global applications. Developer-Friendly : With detailed documentation and easy-to-use endpoints, CoinGecko’s API is simple to integrate into applications. Cons Limited Blockchain Interaction : CoinGecko focuses on market data and does not provide tools for interacting directly with the TRON blockchain, such as transaction or smart contract data. No Real-Time Trade Monitoring : Unlike some other APIs, CoinGecko does not offer real-time updates on trades happening on decentralized exchanges. 4. NowNodes NowNodes is a blockchain-as-a-service platform that provides shared and dedicated node access to over 40 blockchain networks, including TRON. It allows developers to interact with the TRON blockchain through RPC (Remote Procedure Call) and WebSocket APIs, making it an ideal choice for building decentralized applications and accessing TRON data. NowNodes emphasizes reliability, offering 99.95% uptime and fast data retrieval for developers looking for a hassle-free way to connect with blockchain nodes. Pros Multi-Blockchain Support : NowNodes provides access to over 40 blockchain networks, including TRON, making it suitable for projects that require cross-chain data. High Availability : With 99.95% uptime, NowNodes ensures stable and reliable access to TRON and other blockchains. Dedicated Node Access : Offers the option of dedicated nodes for TRON, providing enhanced performance and greater control for demanding applications. Cons Limited Data Insights : NowNodes focuses on node connectivity and lacks advanced data features such as memecoin activity tracking or trade analysis. No Built-In Analytics : It does not provide built-in analytics for token prices or on-chain activity, requiring developers to handle data processing separately. Higher Cost for Frequent Calls : For projects requiring frequent or large-scale data retrieval, the cost of using NowNodes can become significant without added features to optimize queries. 5. CoinMarketCap API The CoinMarketCap API is a powerful tool for accessing detailed cryptocurrency market data, including TRON (TRX). As one of the most widely recognized platforms for crypto market tracking, CoinMarketCap offers APIs for real-time prices, historical data, market capitalization, and trading volumes. Designed for developers and financial professionals, the API provides robust solutions for integrating crypto market data into applications such as trading platforms, portfolio trackers, and research tools. With free and premium plans, the API caters to users ranging from beginners to large-scale enterprises. Pros Extensive Market Data : CoinMarketCap provides comprehensive data on TRON’s price, trading volume, market capitalization, and historical trends. Global Integration : Supports multiple fiat currencies and crypto pairs, making it suitable for a wide range of international users. Developer-Friendly Plans : Offers scalable options, from free plans for small projects to enterprise solutions with extensive data access. Cons No Blockchain Interaction : CoinMarketCap focuses exclusively on market data and does not offer tools for interacting directly with the TRON blockchain, such as transaction or contract-level data. Delayed Data Updates : While it provides real-time prices, updates on trades or market movements may not be as instant as some specialized platforms. Limited Analytics Tools : This does not include advanced analytics, like tracking on-chain memecoin activity or decentralized exchange trades, leaving gaps for more granular data needs. 6. CryptoNodes CryptoNodes is a specialized platform offering reliable access to blockchain nodes, including TRON, through API services. It focuses on providing high-performance node infrastructure for developers building decentralized applications or interacting with blockchain networks. CryptoNodes emphasizes robust performance, scalability, and security, making it an excellent choice to access TRON’s blockchain data and integrate its features into applications. Pros Reliable Node Access : CryptoNodes offers dependable API connections to TRON’s full nodes, ensuring uninterrupted application data retrieval. Scalability : Designed to handle high traffic and large-scale applications, making it suitable for enterprise-level projects. Dedicated Node Options : Provides dedicated node access for TRON, giving developers greater control and enhanced performance. Cons Limited Analytical Features : CryptoNodes focuses on providing raw node access but lacks advanced analytics tools for TRON, such as detailed trade tracking or memecoin data. No Event Subscriptions : Developers must rely on repeated API calls for updates, as the platform does not support event subscription capabilities for efficient data retrieval. Single-Network Focus : While it strongly supports TRON nodes, its lack of additional features like cross-chain analytics or DEX trade monitoring can limit its utility. 7. WatchData WatchData is a blockchain data platform designed to provide seamless access to on-chain data, including support for TRON. It simplifies blockchain development by offering real-time and historical data through its API, allowing developers to build applications without the complexity of running their own nodes. WatchData is particularly well-suited for fetching transaction details, token prices, and wallet data, making it a practical tool for developers and analysts working in the TRON ecosystem. Pros Developer-Friendly Integration : WatchData offers easy-to-use APIs with comprehensive documentation, making integrating TRON data into applications simple. Real-Time Updates : Provides real-time access to transaction data, token prices, and wallet balances for TRON. Cost-Effective : Offers flexible pricing plans, making it a budget-friendly choice for startups and small-scale projects. Cons Limited Analytical Features : WatchData lacks advanced analytics capabilities, such as tracking decentralized exchange trades or detailed memecoin activity on TRON. TRON-Specific Limitations : While it provides general TRON data, it does not support features like OHLC price data for advanced charting or instant alerts for token creation. 8. GetBlock GetBlock is a blockchain-as-a-service provider that offers instant API access to full and archival nodes for over 40 blockchain networks, including TRON. Its services are designed to simplify the development of decentralized applications by allowing developers to connect directly to TRON nodes without maintaining their own infrastructure. Focusing on reliability and scalability, GetBlock caters to developers, startups, and enterprises looking for robust blockchain connectivity. Pros Instant Node Access : This feature provides seamless access to TRON full and archival nodes, enabling developers to retrieve blockchain data effortlessly. Scalability : Offers solutions tailored for both small projects and enterprise-level applications, ensuring smooth performance under high traffic. Multi-Blockchain Support : Supports over 40 blockchains, making it a great choice for projects requiring cross-chain data. Cons Limited Advanced Features : While GetBlock excels at node access, it lacks advanced features like DEX trade monitoring or token-specific analytics. No Real-Time Subscriptions : This does not provide event subscription capabilities, so staying updated on TRON network activity requires frequent API calls. Higher Costs for Advanced Needs : Costs can increase without additional analytics or event-tracking tools for applications requiring large-scale data or premium features. 9. Ankr Ankr is a leading Web3 infrastructure provider that simplifies access to blockchain networks, including TRON, by offering decentralized node services and APIs. Ankr is designed to support developers, enterprises, and Web3 projects by providing scalable, high-performance connections to blockchain nodes without the need to maintain hardware. Its robust platform enables seamless integration of TRON data into applications, while its decentralized approach ensures reliability and security. Pros Decentralized Infrastructure : Ankr uses a decentralized network of nodes, ensuring high availability and reliability for accessing TRON data. Scalable Solutions : This company offers tools and infrastructure that can scale with the needs of growing projects, from startups to large enterprises. Comprehensive Support : Provides detailed documentation, tools, and customer support to simplify integration for developers. Cons Limited Analytics Capabilities : Ankr focuses on node access and does not offer advanced analytics, such as token-specific insights or DEX trade data for TRON. No Real-Time Alerts : This feature lacks the ability to subscribe to specific on-chain events, which can make real-time monitoring less efficient. Costly for Dedicated Use : While its shared nodes are affordable, the cost of dedicated TRON nodes can rise significantly for high-demand applications. 10. QuickNode QuickNode is a blockchain development platform that provides fast and reliable access to blockchain nodes, including TRON. It is tailored for developers who need high-performance APIs to build and scale Web3 applications. With global endpoints, robust infrastructure, and an easy-to-use dashboard, QuickNode ensures seamless integration with the TRON network while maintaining exceptional speed and reliability. Pros High-Performance API : QuickNode offers fast and reliable API endpoints, ensuring low latency and high efficiency for TRON-based applications. Global Infrastructure : With nodes distributed across multiple regions, QuickNode guarantees consistent uptime and performance worldwide. Developer Tools : These come with built-in features like analytics and monitoring tools to help developers optimize their applications. Cons Limited Advanced Data Features : QuickNode focuses on providing node access and lacks advanced analytics for TRON, such as token-specific activity tracking or DEX trade data. Premium Pricing for Advanced Use : The cost of premium plans can increase significantly for projects requiring dedicated resources or extensive data usage. Conclusion Accessing reliable and accurate TRON price data is critical for cryptocurrency developers, traders, analysts, and businesses. The APIs discussed in this blog offer a range of features, from basic price tracking to complex on-chain data analysis. Each API has strengths and limitations, catering to different needs and applications. Among these, Bitquery stands out for its versatility and depth. Its advanced features, such as real-time token prices and decentralized exchange trade monitoring, set it apart from other solutions. The subscription-based GraphQL API also simplifies data access and reduces overhead by allowing users to tailor queries to their needs. Choosing the right API can significantly enhance one’s ability to build innovative tools, analyze market trends, and stay competitive. With its comprehensive offerings, Bitquery is a leading choice for those seeking a powerful and reliable TRON price API.
Explore crucial Bitcoin futures price levels, institutional ETF flows, and the macro impact of today's FOMC meeting in this technical deep dive. Learn how VWAP dynamics and order flow data shape short-term BTC strategies.
The Electronic Frontier Foundation (EFF), a prominent digital rights group, has filed an amicus brief in support of Roman Storm , a developer of the crypto privacy protocol Tornado Cash (TORN). Storm has been charged with conspiracy to facilitate money laundering, operating an unlicensed money transmitter, and violating sanctions in relation to his work on the Tornado Cash protocol. “The government’s prosecution raises larger civil liberties concerns that could chill the future development of privacy-enhancing technologies more broadly," the EFF wrote in the brief. The EFF argues that Storm's prosecution threatens open-source innovation as the core issue in the case of holding developers responsible for how their tools are used, instead of prosecuting bad actors directly, could have a chilling effect on privacy-focused software development. "Nearly all privacy and anonymity protective software tools are dual-use tools. Like a physical mask or paper cash, they provide needed, often critical protections for users, but can also be used by bad actors to help hide their crimes," the EFF wrote. In the prosecution of Storm, the government is relying on the International Emergency Economic Powers Act (IEEPA), which allows it to impose economic sanctions and restrict transactions during national emergencies. This application, the EFF argues, is inappropriate. “If the government believes it is appropriate to criminalize these technologies, it must seek relief from Congress and not rely on IEEPA and the other laws deployed in this prosecution, or, worse, attempt to bootstrap ancillary activities even further removed from any criminal acts into the ambit of these laws,” the EFF wrote. If Congress wants to regulate tools like Tornado Cash, the EFF argues, it has the authority to pass a law that clearly distinguishes legal from illegal use, but the prosecution in this case fails to provide that clarity. The TORN token is up nearly 50% in the last month, according to market data , on optimism of a favorable outcome for Storm. Storm is due back in court in April.
The post Crypto.com Delists Tether on January 31, 2025: What It Means for USDT appeared first on Coinpedia Fintech News The European crypto scene is changing fast, and Tether (USDT) is in trouble. Crypto.com has announced it will remove USDT from its platform by January 31, 2025. This follows coinbase coinbase - support@coinbase.com Wallet Centralised Exchange decision to drop Tether last year. The future of its $138 billion USDT in the EU is uncertain, and the possibility of other regions delisting is spreading like fire, all because of the strict new rules under the EU’s Markets in Crypto-Assets (MiCA) regulations . Crypto analyst Jacob King broke the news, highlighting how this could impact stablecoins and crypto trading. BREAKING: Crypto com, one of the world’s largest cryptocurrency exchanges, has just announced it will delist Tether (USDT) on January 31, 2025. — Jacob King (@JacobKinge) January 28, 2025 Nothing is going in the right direction for Tether and these regulatory problems can severely impact the stablecoins movement globally. Why is Tether Being Delisted? MiCA’s new rules make it tough for stablecoins to stay in the European market. One key requirement is that stablecoins must keep over 60% of their reserves in recognized banks and get an e-money license. Moreover, Tether hasn’t met these rules , leading major exchanges to remove it. USDT is the most-used stablecoin in the world, but its lack of transparency has always raised concerns. Unlike other stablecoins, Tether doesn’t provide frequent or detailed audits of its reserves. This has led to doubts about whether it holds enough assets to back all the USDT in circulation. What Happens Next? Tether’s removal could shake up the crypto market. USDT is a major player in trading, helping traders move funds quickly between crypto and fiat. Without it, liquidity—how easily assets can be bought or sold—could take a hit. To be on the safer side, some traders are already switching to fiat trading pairs, but this could create new problems. With fewer stablecoin options, trading might become less efficient, and prices could fluctuate more. USDC vs. Tether – Who Wins? USD Coin (USDC) could benefit from Tether’s struggles. USDC is seen as more trustworthy because it provides monthly audits and keeps its reserves in regulated banks. It also follows strict U.S. financial laws, making it a safer bet for exchanges looking to stay compliant with MiCA. If more exchanges follow Crypto.com and Coinbase, USDT could lose its dominance, and USDC might take its place as the go-to stablecoin in Europe. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Coinbase vs. SEC: Senator Cynthia Lummis Fights Back Against Regulatory Overreach , The Future of Stablecoins in Europe Stablecoin issuers will have to follow MiCA’s rules or risk being pushed out of the market. More exchanges may delist non-compliant stablecoins, leading to a shift toward regulated alternatives. For now, Tether remains the world’s top stablecoin, but its future in Europe looks uncertain. The next few months will be crucial in shaping the stablecoin market under these new regulations. Global Scenario In other news, Senator Elizabeth Warren is challenging Howard Lutnick, Trump’s Commerce Secretary nominee, over his firm’s ties to Tether. She’s demanding details on Cantor Fitzgerald’s investments and whether it ensured Tether complied with anti-money laundering laws. Warren argues that Tether’s links to illicit transactions pose a national security risk. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: 'c63f2c9861', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });