Tether Plans to Discontinue USDt Redemptions on Five Legacy Blockchains Starting September

Tether is officially ending USDt redemptions on five legacy blockchains, signaling a strategic shift towards more scalable and active platforms. This move impacts users on Omni Layer, Bitcoin Cash SLP,

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Tether to discontinue USDT on five blockchains to 'refocus resources'

The discontinuance of USDt on these blockchains has been in the works for years, as Tether looks to pivot its strategy to other protocols.

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Bitcoin ETFs Break 2025 Record With $1.2 Billion Inflow as BTC Hits New All-Time High

Bitcoin ETFs shattered their 2025 inflow record with $1.2 billion on Thursday, June 10, as BTC surged to a new all-time high. Ether ETFs kept the green streak alive, pulling in another $383.10 million. Crypto ETF Frenzy: Bitcoin and Ether Funds See Combined $1.6 Billion Inflows in One Day Bitcoin ETFs just made history. A

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Crypto Enthusiasts Embrace New Market Surge but Fed Casts Doubt

Cryptocurrency enthusiasts are excited about this week's market surge. Fed member Goolsbee's recent statements introduce uncertainty. Continue Reading: Crypto Enthusiasts Embrace New Market Surge but Fed Casts Doubt The post Crypto Enthusiasts Embrace New Market Surge but Fed Casts Doubt appeared first on COINTURK NEWS .

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After Buying Bitcoin at $110K, Economist Robert Kiyosaki Reveals What He Will Do Next

Famous economist and author of the book Rich Dad Poor Dad, Robert Kiyosaki, gave striking messages to investors after Bitcoin surpassed the $118,000 level. Sharing on his social media account, Kiyosaki said that the market has entered a period of extreme enthusiasm and that many people may invest without thinking and with emotional reactions during this period. Kiyosaki stated that he made his last purchase at $110,000, and that he has now entered a strategic holding period. The analyst claims that investors who act patiently and cautiously, without being swayed by market excitement, will profit in the long run. The experienced investor noted that those who panic-buy due to FOMO (fear of missing out) during this period face a high risk of losses. Related News: What Was the Real Reason for the Recent Bitcoin Rally? Analytics Company Lays Out the Reasons in Depth Kiyosaki said, “Real profits are achieved not at the time of sale, but by buying at the right time,” and asked investors to look for opportunities during market fluctuations and avoid sudden reactions. Kiyosaki believes that there will be a major dollar collapse in the US in the near future and has been making statements in favor of Bitcoin, gold, and silver. *This is not investment advice. Continue Reading: After Buying Bitcoin at $110K, Economist Robert Kiyosaki Reveals What He Will Do Next

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Aqua 1, a little-known firm, invests $100 million in Trump’s World Liberty

A venture going by the name Aqua 1 Foundation and saying it is based in the United Arab Emirates, announced in late June it had bought $100 million worth of World Liberty’s crypto tokens. This pushed it to become the largest publicly known investor in Trump’s crypto business. However, much remains unknown about the organization. Aqua 1’s digital profile and other public information reveal almost nothing about the source of its capital or the person it named as its founding partner, Dave Lee . This has added to people’s questions about Trump’s controversial crypto ecosystem. Why? The Trump family receives three-quarters of all token proceeds from World Liberty. To that end, Aqua 1’s purchase injects tens of millions of dollars into their personal pockets. Richard Painter, a former chief ethics lawyer for President George W. Bush, said the lack of transparency on investors in the Trump family’s crypto business, such as Aqua 1, has undermined public confidence in the government. Without more information, Painter said that everybody assumes the worst regarding foreign actors trying to influence the White House. He also made a dangerous statement that “We ought to know who is sending money to the president .” However, the president has an opaque explanation. “President Trump is dedicated to making America the crypto capital of the world and revolutionizing our digital financial technology,” White House deputy press secretary Anna Kelly said in an emailed statement. “His assets are in a trust managed by his children, and there are no conflicts of interest.” World Liberty deal marks Aqua 1’s only current investment. On its website, Aqua 1 is a Web3-native fund based in the UAE with a global outlook. Such funds invest in blockchain and crypto firms, making products for a futuristic idea of a decentralized internet. According to Reuters, last month, the company provided an unsigned statement, saying, “At this stage, we are not disclosing additional information beyond what has been publicly shared.” It added, “Aqua 1 is backed by a group of long-term, mission-aligned partners and led by Dave Lee and a global team with deep expertise in web3 and digital asset infrastructure.” Aqua 1’s assets are under management, totaling $100 million. In addition, the World Liberty deal is its only current investment. According to data from crypto tracker Arkham, the only large outgoing trades from a wallet tagged “aqua1.eth” were two transfers totaling $80 million to World Liberty in early June. It had also made transfers of $9 million in March and $3 million in April to anonymous crypto wallets. Between March and June, it received about $90 million from an account at the OKX crypto exchange. Dave Lee, the only known person linked to the company X account, was registered in 2023. It has made only a handful of posts, starting with an announcement of the World Liberty deal. The account calls Lee an “investor and dreamer.” His profile picture features a manga-style portrait of a young man in a bow tie, along with Brazilian, Chinese, and US flags. It cites Sao Paulo, New York, Hong Kong, and Abu Dhabi as his locations. Aqua 1 is not registered According to two web domain trackers, Aqua 1’s website was created in May, a month before it announced its investment. The website contains no information on Aqua 1’s leadership or financial backers. Registration takes approximately six to 12 months for crypto funds. Funds gravitate towards Abu Dhabi because of its well-developed crypto framework and focus on institutional finance. However, the Abu Dhabi financial centre said by email that Aqua 1 is not registered, licensed, or affiliated with it in any capacity. Also, Aqua 1 or Aqua 1 Foundation does not appear in the register of UAE Securities and Commodities Authority-licensed companies. Similarly, a spokeswoman for the Dubai International Finance Centre regulator revealed that it does not identify any entity by the name of Aqua 1 or Aqua 1 Foundation, or anyone by the name of Dave Lee. That was the case at the register of Dubai’s crypto regulator, VARA. KEY Difference Wire helps crypto brands break through and dominate headlines fast

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How to Mine Bitcoin? Forget Complex Rigs - Bitcoin Solaris Mobile Mining Creates Instant Wealth Opportunity

Ask any newcomer to crypto how to mine Bitcoin and you’ll get one of two reactions: a spark of curiosity or a look of immediate regret. The concept sounds cool until you’re hit with GPU specs, energy bills, and warehouse-level complexity. That dream of becoming a crypto miner suddenly feels more like signing up for a second job. But what if mining didn’t require a machine louder than a jet engine or a monthly electricity bill the size of a mortgage? That’s the opportunity Bitcoin Solaris is opening up. And it’s flipping the idea of mining on its head. How to mine Bitcoin Solaris: One phone, one click, real rewards Bitcoin Solaris isn’t just creating another token. It’s building a system that makes wealth generation simple, accessible, and instant, even for people with zero mining experience. Through the exciting release of the Solaris Nova App, BTC-S will allow users to mine directly from their smartphones. There’s no need for external hardware, no complex configurations. Just tap and go. That’s it. The app is designed for global accessibility and operates within the dual-consensus architecture of BTC-S, which combines Proof-of-Work with Delegated Proof-of-Stake to balance decentralization with efficiency. Here’s how it works: You download the app when it becomes available. You tap once a day to validate presence and earn mining time. The app runs secure micro-processes that simulate contribution, verified through network consensus. The real magic? It’s designed to consume up to 99.95% less energy than traditional mining. You get participation and real rewards without needing anything beyond your phone and an internet connection. The Future of Crypto Doesn’t Wait BTC-S Is Already Moving A deeper look into the BTC-S tech edge Once you scratch beneath the surface, you realize BTC-S isn’t just another “convenience coin.” The technical depth behind the project is what gives it real staying power: 10,000+ transactions per second, backed by an optimized dual-layer architecture. Validator rotation system for fairness and increased decentralization. Smart contract capabilities that support enterprise, DeFi, and gaming. Cross-chain compatibility, including seamless Solana bridge integration. Energy efficiency that rivals the greenest solutions in blockchain. This infrastructure is being taken seriously. A full audit has been completed by both Cyberscope and Freshcoins , confirming the system is built to scale and designed to perform. Even established influencers are highlighting the project’s potential. One recent review by Crypto League laid out how the BTC-S mobile-first vision could be one of the biggest shifts in blockchain adoption this year. And from the looks of it, the hype isn’t just noise. Presale firestorm and the rare rollback moment Currently in phase 11, the Bitcoin Solaris presale is lighting up the charts. At a price of $11, with a launch target of $20, the momentum is backed by over 14,150+ users and more than $6.6 million raised in a matter of weeks. But here’s the twist. Bitcoin Solaris has activated a rare Price Rollback, allowing new buyers to get in at $5 instead of $11, but only for a very short time. It’s not a discount. It’s a rebalancing move built into the system’s flexibility to allow more early adopters access. For anyone who missed Bitcoin under $100, this rollback might be the closest déjà vu they’ll ever get. To receive your tokens on launch day, wallets like Trust Wallet and Metamask are recommended for seamless delivery. This ensures a smooth handoff once the presale ends on July 31, 2025. Liquid staking that doesn’t lock you out BTC-S also introduces liquid staking, a model that offers rewards without restricting liquidity. Tokens staked are converted to sBTC-S 1:1, which can still be traded or used in governance and DeFi protocols. You earn while maintaining full access. Staking supports the network without traditional lockups. Fully integrated with the upcoming Solaris Nova App, offering a smooth, automated process. This flexible staking system is explained in depth in their staking overview and aligns with BTC-S’s philosophy of accessibility without compromise. Final verdict: mining made simple, wealth made possible Mining isn’t dead. It just needed a rebrand. And Bitcoin Solaris may have nailed it. No cables. No overheating GPUs. Just a vision of crypto where anyone can participate in wealth creation directly from their pocket. So next time someone asks how to mine Bitcoin, maybe you don’t need to explain ASICs and air conditioning. Just mention BTC-S. One app. One tap. One opportunity that might not come around again. For more information on Bitcoin Solaris:Website: https://www.bitcoinsolaris.com/ Telegram: https://t.me/Bitcoinsolaris X: https://x.com/BitcoinSolaris Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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EUR/RON Exchange Rate: ING’s Crucial Forecast Amid Fiscal Challenges

In the dynamic world of finance, currency exchange rates are often barometers of economic health and investor sentiment. For those tracking the broader financial landscape, including the volatile cryptocurrency markets, understanding traditional currency movements like the EUR/RON exchange rate offers crucial context. Recently, ING has weighed in with its perspective on the Romanian Leu, suggesting a period of relative stability despite underlying complexities. What does this mean for the market, and what factors are at play? What’s Driving the EUR/RON Exchange Rate? The EUR/RON exchange rate is a key indicator for Romania’s economy, reflecting its trade balance, inflation, interest rates, and overall fiscal health relative to the Eurozone. ING’s latest assessment points to the pair holding near the 5.080 mark, a level that has seen some resistance and stability in recent times. This stability, however, is not without its nuances, influenced by a mix of domestic and external factors. Several forces converge to shape this exchange rate: Monetary Policy: The National Bank of Romania (BNR) plays a significant role in managing the leu’s stability. Its decisions on interest rates and liquidity operations directly impact the currency’s attractiveness to investors. Fiscal Policy: Government spending, taxation, and budget deficits are paramount. High or uncontrolled deficits can signal economic instability, putting downward pressure on the leu. Foreign Direct Investment (FDI): Inflows of foreign capital strengthen the leu, as investors convert foreign currency into RON to invest in the Romanian economy. External Economic Environment: The health of the Eurozone economy, global risk sentiment, and geopolitical developments can all spill over and affect the EUR/RON. ING’s forecast suggests that despite these variables, a confluence of factors might keep the Romanian leu relatively anchored against the euro for the foreseeable future, at least around the indicated level. But what are the underlying challenges that could disrupt this stability? Decoding Romania’s Fiscal Concerns: A Deeper Dive At the heart of the ongoing discussion about the Romanian leu ‘s stability are the country’s persistent fiscal concerns Romania faces. These concerns primarily revolve around the government’s budget deficit and public debt, which have been subjects of scrutiny by both domestic and international bodies, including the European Union. The European Commission has repeatedly highlighted Romania’s excessive deficit procedure, urging the country to consolidate its public finances. Key aspects of these concerns include: High Budget Deficit: Romania has consistently struggled to bring its budget deficit within the EU’s 3% of GDP target. This persistent shortfall necessitates borrowing, increasing the national debt. Public Debt Accumulation: While not as high as some Western European counterparts, Romania’s public debt has been on an upward trend. Servicing this debt consumes a significant portion of the state budget, potentially crowding out productive investments. Structural Issues: Beyond cyclical factors, some fiscal pressures are structural, such as an aging population putting pressure on pension and healthcare systems, and inefficiencies in public administration. Political Will and Reforms: The ability of successive governments to implement meaningful fiscal reforms, control spending, and improve tax collection remains a critical factor. Delays or reversals in reform efforts can exacerbate fiscal imbalances. These fiscal concerns Romania faces create a delicate balancing act for policymakers. While the BNR aims for currency stability, uncontrolled fiscal expansion could eventually undermine these efforts, leading to inflationary pressures or a weakening of the Romanian leu . Mixed Signals in the Romanian Leu Market: What to Watch? The market for the Romanian leu is currently characterized by a blend of stabilizing forces and underlying pressures, leading to what ING describes as ‘mixed signals’. Understanding these signals is key to anticipating future movements in the EUR/RON exchange rate . On one hand, the BNR’s cautious approach to monetary policy, often prioritizing price stability and financial stability, provides a certain degree of support for the leu. They have generally been seen as interveners to prevent excessive volatility. Furthermore, relatively strong economic growth compared to some Eurozone counterparts can attract capital, supporting the currency. However, the mixed signals also stem from: Factor Positive Signal (Supportive of RON) Negative Signal (Pressuring RON) Inflation BNR’s efforts to curb inflation with rate hikes. Persistently high inflation eroding purchasing power. Interest Rates Relatively high policy rates attracting carry trade. Potential for rate cuts if inflation cools too quickly, reducing attractiveness. External Trade Improved export performance, stronger industrial output. Widening current account deficit due to import growth. EU Funds Inflow of Recovery and Resilience Facility (RRF) funds. Delays in absorption of EU funds, conditional on reforms. The interplay of these factors creates a complex environment where the leu’s direction is constantly being re-evaluated. While the BNR’s active presence in the market can smooth out volatility, the fundamental drivers, especially the fiscal concerns Romania faces, remain crucial determinants. ING’s Forex Market Insights: Navigating Uncertainty ING’s latest ING forecast for the EUR/RON exchange rate offers a professional perspective on navigating this uncertain landscape. Their view of the pair holding near 5.080 reflects a nuanced understanding of the forces at play. It suggests that despite the significant fiscal concerns Romania is dealing with, there are also countervailing forces providing stability, at least for the near term. According to ING, the primary reasons for this expected stability include: BNR’s Firm Stance: The National Bank of Romania has demonstrated a strong commitment to maintaining exchange rate stability, often intervening to prevent sharp depreciations. This commitment acts as a psychological anchor for the market. Relative Yield Attractiveness: Romania’s interest rates, while potentially peaking, still offer a yield advantage over the Eurozone, attracting some foreign capital and supporting the leu. EU Integration and Funding: Despite the fiscal deficit, Romania’s status as an EU member and access to EU funds, particularly the Recovery and Resilience Facility, provide a degree of structural support and investor confidence. Market Expectations: There’s a prevailing market expectation that the BNR will continue to manage volatility, preventing any rapid or significant depreciation beyond certain psychological levels. However, the ING forecast also implicitly acknowledges the risks. Should the fiscal concerns Romania faces escalate without credible consolidation plans, or if global risk sentiment deteriorates significantly, the pressure on the Romanian leu could intensify. ING’s view is therefore a conditional one, dependent on the ongoing management of these underlying issues. Actionable Insights for Investors: Protecting Your Portfolio For investors, businesses engaged in trade with Romania, or even individuals monitoring global economic trends, understanding the EUR/RON exchange rate and the underlying Forex market insights is vital. While ING’s forecast suggests stability, being prepared for potential shifts is always prudent. Here are some actionable insights: Monitor Fiscal Developments Closely: Keep a keen eye on Romanian government announcements regarding budget plans, deficit targets, and structural reforms. Any significant deviation from fiscal consolidation efforts could impact the leu. Track BNR Communications: Follow statements from the National Bank of Romania regarding monetary policy, inflation outlook, and their stance on exchange rate management. The BNR’s rhetoric often provides clues about their future actions. Assess Global Risk Appetite: In times of global uncertainty, emerging market currencies like the Romanian leu can be more susceptible to capital outflows. Monitor broader global economic indicators and risk sentiment. Consider Hedging Strategies: For businesses with significant exposure to EUR/RON fluctuations, exploring hedging instruments like forward contracts or options can mitigate currency risk, regardless of the ING forecast . Diversify Your Portfolio: For long-term investors, a diversified approach that doesn’t over-rely on a single currency’s performance can provide resilience against unexpected currency movements. These Forex market insights underscore that while a period of stability may be anticipated, the underlying economic fundamentals, particularly the fiscal concerns Romania is grappling with, remain crucial drivers. Prudent decision-making requires continuous monitoring and a flexible strategy. Conclusion: Navigating the Nuances of the Romanian Leu The EUR/RON exchange rate , as highlighted by ING’s recent assessment, appears poised for a period of relative stability around the 5.080 mark. This outlook is a testament to the National Bank of Romania’s commitment to maintaining financial stability and the broader economic dynamics at play. However, this stability is not without its caveats. The persistent fiscal concerns Romania faces, particularly the challenge of managing its budget deficit and public debt, cast a long shadow over the long-term outlook for the Romanian leu . The market is receiving mixed signals, balancing the BNR’s stabilizing influence and attractive yields against the underlying fiscal vulnerabilities. As we’ve explored through key Forex market insights and the specific ING forecast , understanding these intricate relationships is vital for anyone with an interest in the Romanian economy or the broader European financial landscape. While the immediate future may see the leu holding steady, continuous vigilance over economic reforms and global conditions will be paramount for informed decision-making. To learn more about the latest Forex market trends, explore our article on key developments shaping the EUR/RON exchange rate and other global currencies.

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Cardano Founder Hoskinson Doubles Down On $250,000 Bitcoin Forecast As Pro-Crypto Legislation Advances

Founder of the Cardano blockchain, Charles Hoskinson, still believes Bitcoin is poised for an explosive rally to as high as $250,000.

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Bitcoin Acquisition: Universal Digital’s Bold Move Unlocks New Treasury Strategy

In a significant development that underscores the evolving landscape of corporate finance, Canadian-listed Universal Digital has made a notable entry into the world of digital assets. The company recently announced a strategic Bitcoin acquisition , adding 10 BTC to its treasury at an average price of $104,452. This move, as reported by JinSe Finance, is part of a broader corporate treasury strategy shift that many forward-thinking companies are now exploring. But what exactly does this mean for Universal Digital, and what are the implications for businesses considering a similar foray into cryptocurrency? Universal Digital’s Strategic Bitcoin Acquisition: A Deep Dive Universal Digital , a name increasingly recognized in the digital finance space, has taken a decisive step to diversify its treasury holdings. The decision to acquire 10 Bitcoin, valued at approximately $1.04 million at the time of acquisition, reflects a growing confidence in Bitcoin as a legitimate store of value and a hedge against economic uncertainties. This isn’t just about holding a volatile asset; it’s about integrating a new class of assets into traditional financial frameworks. For Universal Digital, this Bitcoin acquisition is more than just a purchase; it’s a statement. It signals a belief in the long-term potential of decentralized digital currencies and an acknowledgment of their increasing role in the global economy. By adding Bitcoin to its balance sheet, the company aims to: Diversify Assets: Reduce reliance on traditional fiat currencies and conventional investments, which may be susceptible to inflation and interest rate fluctuations. Hedge Against Inflation: Bitcoin is often seen as ‘digital gold,’ offering a potential safeguard against the erosion of purchasing power. Future-Proofing: Position the company at the forefront of financial innovation, aligning with the burgeoning digital economy. Attract Talent & Investors: Appeal to a new generation of investors and employees who are increasingly comfortable with and invested in the digital asset space. Understanding the Corporate Treasury Strategy Shift Traditionally, corporate treasuries focused on preserving capital and ensuring liquidity through low-risk, low-yield investments like cash, short-term government bonds, and money market funds. However, with persistent low interest rates and rising inflation concerns globally, these traditional strategies offer diminishing returns. This environment has prompted many companies to re-evaluate their approaches, leading to a significant shift in corporate treasury strategy . The embrace of Bitcoin and other digital assets by companies like Universal Digital represents a paradigm shift. It’s a move from purely conservative, yield-focused strategies to more dynamic approaches that incorporate growth potential and inflation hedging. This new strategy involves: Risk Assessment: Carefully evaluating the volatility and regulatory risks associated with digital assets. Long-Term Vision: Viewing Bitcoin not as a speculative trade, but as a long-term strategic holding. Technological Integration: Developing secure custodial solutions and accounting practices for digital assets. This evolving strategy is not without its challenges, including price volatility, regulatory uncertainty, and the need for robust security measures. Yet, the potential benefits are compelling enough for companies to explore this frontier. Why Digital Asset Investment is Gaining Traction The trend of digital asset investment by corporations is accelerating, driven by several key factors. Beyond the inflation hedge narrative, companies are recognizing the fundamental innovation behind blockchain technology and the increasing mainstream adoption of cryptocurrencies. Consider these points: Institutional Acceptance: Major financial institutions, from banks to asset managers, are increasingly offering crypto services and products, legitimizing the asset class. Technological Advancements: Improvements in security, scalability, and accessibility of digital assets make them more viable for corporate holdings. Global Accessibility: Bitcoin is a borderless asset, offering a unique advantage for international companies. First-Mover Advantage: Companies that strategically adopt digital assets early may gain a competitive edge in the rapidly digitizing global economy. While Bitcoin remains the primary choice for corporate treasuries due to its liquidity and established network, the broader appeal of digital asset investment extends to other cryptocurrencies and blockchain-based applications, promising a future where digital assets play a more integral role in corporate balance sheets. The Canadian Company Crypto Trend: What It Means Canada has quietly emerged as a significant player in the global cryptocurrency space, fostering an environment that is increasingly conducive to Canadian company crypto adoption. Unlike some other jurisdictions, Canada has been relatively progressive in its approach to cryptocurrency regulation, notably approving Bitcoin and Ethereum ETFs, which provide regulated investment vehicles for institutions and retail investors alike. Universal Digital’s move fits well within this national context. Several other Canadian entities, particularly in the mining sector like Hut 8 and HIVE Blockchain, already hold substantial amounts of Bitcoin as part of their operational and treasury strategies. This growing cohort of Canadian company crypto holders suggests a broader trend where Canadian businesses are not just participating in, but actively leading, the integration of digital assets into their financial frameworks. This could solidify Canada’s position as a hub for blockchain innovation and corporate crypto adoption. Looking Ahead: The Future of Corporate Crypto Holdings Universal Digital’s acquisition of 10 BTC is a small but significant step in a much larger movement. As more companies grapple with economic uncertainties and seek new avenues for growth and asset preservation, the appeal of Bitcoin and other digital assets will likely continue to grow. This trend is not just about financial speculation; it’s about adapting to a new financial paradigm where digital assets are seen as legitimate, valuable components of a diversified portfolio. The journey for companies integrating digital assets into their treasuries will involve navigating evolving regulatory landscapes, managing volatility, and ensuring robust security protocols. However, the pioneering spirit demonstrated by Universal Digital and others indicates a strong belief in the transformative potential of this asset class. Their actions today could very well set the precedent for corporate treasury management in the years to come, unlocking new possibilities for financial resilience and innovation. To learn more about the latest Bitcoin acquisition trends and their impact on corporate finance, explore our article on key developments shaping corporate treasury strategies and digital asset investment .

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