In the last 11 days, the decentralized exchange token, $UNI , has experienced outflows that have caught the attention of institutional investors and resulted in a price downturn. Approximately 7.33 million tokens worth around $63.18 million have been sent from Galaxy Digital, a no-small-fish in the cryptocurrency investment world, to major exchanges like Binance and OKX. While that’s quite a bit of sending, it’s also important to note that the price of $UNI has fallen in tandem—down from the $9.50 range to as low as $7.10—with only a tepid uptick from exchanges like Binance in terms of refunding $UNI to the exchange’s customers. Understanding the Outflows: Galaxy Digital’s Move and Market Impacts Moving 7.33 million $UNI tokens from Galaxy Digital to exchanges has raised some eyebrows and with good reason. Galaxy Digital is very well connected to the crypto world, to the point where most of the moves it makes tend to influence the market quite a bit. It just so happened that on November 6, 2023, Galaxy decided that it was time to move a massive amount of $UNI to places like Binance and OKX. Making this move during a time of high selling pressure for the overall crypto market—and for the $UNI token in particular—also leads to another reasonable question: Why now? The outflow from Binance, one of the major cryptocurrency exchanges, was substantial. Nevertheless, Binance did not see a large amount of $UNI being withdrawn, which could set up a bullish case for $UNI. If there are not significant amounts of $UNI being taken off of exchanges, that could mean that holders do not intend to sell in the short term. However, these events that have taken place in conjunction have cast a slight shadow over the sentiment of $UNI. In this period, the token’s value has significantly decreased. Having hit a high of $9.50, $UNI has now dropped to a low of $7.10, giving it a 25% decline overall. The price movement has gotten the attention of not just retail but also many institutional investors. They are now closely watching the token for signs that it may have put in a bottom. The Accumulation Zone: A Key Support Level for $UNI In the recent price decline, $UNI may have hit a crucial support zone, which has historically been a springboard for bullish reversals. Currently, the price of $UNI is stuck in a range between $5.43 and $7.00, a range that points to a crucial support level, where buyers have stepped in to accumulate the token in previous cycles. Until recently, the price of $UNI had been bouncing along this level on the way up. Those investors who have been closely observing $UNI will probably be turning their attention to this support zone as a potential entry point. When a token makes a significant retracement to a well-established support level, it’s usually seen as a buying opportunity for anyone who believes in the long-term prospect of the asset. The $5.43 to $7.00 range is viewed by many as a “strong long accumulation zone,” suggesting that $UNI may have hit a price point from which bullish momentum could be reignited. 在最近 11 天里，已有 733.1 万枚的 $UNI ($63.18M) 从 Galaxy Digital 流入 Binance 跟 OKX。 而同时期并没有大量的 UNI 从 Binance 提出，UNI 价格也在此期间由 $9.5 下跌最低到过 $7.1。 https://t.co/IWbjhXOfZv 本文由 #Bitget ｜ @Bitget_zh 赞助 https://t.co/cJz4QWOavz pic.twitter.com/nmdO7MsPVt — 余烬 (@EmberCN) March 3, 2025 Whether $UNI can uphold its position in this support zone and steer clear of further downward moves is the crucial question for traders and investors. This range has shown impressive resilience, with recent price action demonstrating a tendency for $UNI to reverse its downtrend upon hitting the lower edge of the support zone. So, if you believe in $UNI’s long-term potential, now could be a sweet accumulation opportunity. Looking Ahead: Can $UNI Bounce Back? The recent price drop has left many in the market uncertain of $UNI’s future direction. Will it keep retracing like most of the other digital assets or will it finally respect the multiple layers of support it has around the $5.43 to $7.00 price range and bounce back? There’s no way to know for sure in this supercharged market, but some observers suspect that $UNI might be readying itself for a recovery after the latest leg of the overall crypto downtrend took it to the $5 area. Moreover, the outflows from Galaxy Digital and the low withdrawal activity from Binance suggest that the larger players in the crypto market are not ready to abandon $UNI yet. Similarly, if the demand for $UNI picks up in the next few days, especially within the key support zone, we might see a reversal in the token’s fortunes, pushing its price back over the $8.00 mark and possibly beyond. For those keeping an eye on $UNI, the current price levels might present a tempting chance to acquire the token at a discount. But the cryptocurrency market remains as uncertain as ever, and investors should adhere to the old adage that you must diversify to survive… in this case, by not only diversifying your portfolio of cryptocurrencies but also keeping a close watch on the not-so-distant past and an even closer watch on the present and future. What’s happening with the market as a whole? With Bitcoin? With Ethereum? These are matters of life and death for $UNI. To sum up, the recent decline in the price of $UNI, together with the large outflows from Galaxy Digital, has put the token in a historically significant support zone. The potential exists, of course, that this is just a support zone in a bear market and will be lost like so many other support zones in this cycle. But it is also possible that this is a base from which $UNI might stage a strong rebound. If it does, that strong rebound would make it a good candidate for anyone looking to capitalize on a future uptrend. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, and Metaverse news!
The post Whales Spot a New Crypto with High ROI Potential – Priced at Just $0.015 appeared first on Coinpedia Fintech News Mutuum Finance (MUTM) is gaining attention among major investors looking for high-growth opportunities. With a presale price of just $0.015, early buyers are securing their positions before the token’s value climbs in later phases. The project’s decentralized lending platform offers real-world utility, making it more than just another speculative asset. As demand rises and whales accumulate, many see MUTM as a rare opportunity for significant returns. Mutuum Finance Presale Sees Rapid Growth Mutuum Finance ’s presale is moving rapidly, with nearly $2 million raised and over 3,700 holders securing their positions. The token price is set to rise in the next phase, providing a limited opportunity for early investors to acquire MUTM at its lowest value before the next increase. The first phase of the presale sold out quickly, with 110 million tokens purchased in less than two weeks. This strong early demand reflects growing investor confidence in the project and highlights the urgency for those looking to secure tokens before prices climb further. Unlike typical speculative investments, MUTM provides a strong foundation with its decentralized lending protocol. This gives users the ability to supply and borrow crypto assets while earning passive income, adding tangible value to the token’s ecosystem. As more investors recognize its potential, the presale is selling out fast. Large-scale investors, often referred to as whales, tend to invest in projects with strong fundamentals and long-term potential. The increasing whale activity around MUTM suggests growing confidence in its ability to deliver high returns. One key factor attracting these investors is the project’s unique lending system. Unlike traditional DeFi platforms, Mutuum Finance offers a dual lending model, allowing users to either contribute assets to liquidity pools or engage in peer-to-peer lending. This structure provides more flexibility and expands the range of earning opportunities for participants. Mutuum Finance stands out by providing an actual use case beyond simple speculation. Users who supply assets to the protocol receive mtTokens, which increase in value over time as interest accumulates. For example, someone depositing USDT into the platform receives mtUSDT, which grows based on market-driven APY rates. Borrowers can also leverage their holdings without selling their assets. By providing collateral, they gain access to liquidity while maintaining exposure to their investments. This makes MUTM a valuable asset for both passive income seekers and active traders. Analysts predict significant price appreciation for MUTM following its listing on exchanges. The presale launch price is set at $0.06, already offering a guaranteed return for early buyers. However, expert forecasts suggest that the token will surge far beyond this level, reaching $2–$3 in Q2 2025. The combination of increasing demand, a structured financial model, and a well-designed token utility creates strong conditions for price growth. As more investors participate, sustained interest in the token could drive further price appreciation. To incentivize early participation, Mutuum Finance has launched a $100,000 giveaway. Ten winners will each receive $10,000 in MUTM tokens, providing them with a strong entry into the ecosystem. This initiative not only rewards participants but also increases overall engagement with the project. Full details on how to join are available on the official Mutuum Finance website. With a strong presale performance, real-world utility, and increasing whale activity, Mutuum Finance is shaping up to be a major contender in the crypto market. As investors look for high-return opportunities, MUTM stands out as a token with both growth potential and practical use. With its price set to increase soon, those looking to invest early still have a chance to secure their position before the next phase begins. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Infrared, the first proof of liquidity (PoL) staking protocol on Berachain, has raised $14 million in a Series A round led by Framework Ventures. It brings the total amount raised up to $18.75 million after a $2.25 million strategic round led by Binance Labs and a $2.5 million seed round. Berachain is a layer-1 blockchain that transitioned to its mainnet on Feb. 6, airdropping a token to ecosystem and exchange users at the same time. The network differs from other blockchains as it uses a proof-of-liquidity consensus mechanism to reward users and protocols to provide liquidity. And Infrared becomes one of the first projects to benefit from that mechanism with its liquid staking solutions for Berachain's native BGT and BERA tokens. Users that stake native tokens to receive validator rewards will receive iBERA, a liquid staked token that can be used to generate an additional yield across other DeFi protocols. Infrared also becomes the first project to benefit from the Berachain Foundation's incubator named 'Build a Bera,' which announced that it was seeking start-ups to work with in January. "We believe Infrared’s protocol will unlock significant amounts of productive capital within the wider Berachain ecosystem, while maximizing efficiency and yield. This frees builders on Berchain’s framework to innovate in new ways," said Framework Ventures co-founder Michael Anderson.
The football legend Ronaldinho, who is known the world over for his dazzling skills on the field, has entered the world of cryptocurrency with the launch of his own token, $STAR10 , on the Binance Smart Chain. The token, which is not related in any way to the symbol of the stars that adorn Ronaldinho’s name, has quickly gained attention. It boasts an impressive market cap of $238 million. In the big picture, however, this may not be quite so impressive. The token is a kind of digital collectible or, in more serious lingo, a utility token. Kind of. What it really is, is a meme coin. However, is it a legitimate meme coin? That may be under question now, and for good reason. Ronaldinho @10Ronaldinho has launched his own token, $STAR10, on the BNB Chain, with a market cap of $238M! The football legend has previously spoken highly of Binance founder @cz_binance . However, it's important to note that memecoins carry significant risks—proceed with… https://t.co/lTZs9Mu0q5 pic.twitter.com/Wlsn5oqZ57 — Followin (@followin_io) March 3, 2025 A Football Legend Entering the Crypto Space The introduction of $STAR10 represents an audacious undertaking by the Brazilian football star who has seen and taken numerous ventures since hanging up his boots. A collaboration with Binance—to the tune of an exciting new token, no less—has amplified the buzz surrounding it. Add to that the coupling with BSC (Binance Smart Chain), one of the hottest parts of the Binance ecosystem, and the opportunity for Ronaldinho to score a crypto coup is writ large. The token’s market cap has surged to $238 million, and it has quickly made a name for itself in the meme coin sector—an area of the cryptocurrency market often associated with high risk and volatility. While many speculate about the potential of $STAR10, it is crucial for would-be investors to understand the inherent dangers of going long on anything in the meme coin space. Quite frankly, the meme coin market has long been an easy target for regulatory authorities concerned about consumer protection. That is because many tokens serve no actual purpose and are propped up only by communities of miners, who endlessly churn out new coins, and community members who hope to cash in on their token’s rapid ascent. Controversy Surrounding Ronaldinho’s Alleged Business Deal Nonetheless, the exhilarating buzz associated with $STAR10 is being dampened by a grave allegation connected to Ronaldinho’s recent business activities. X user @R10coin_ has reported that Ronaldinho has entered into a questionable partnership with a Shenzhen company that specializes in issuing tokens, many of which are being deemed outright scams. In May 2024, negotiations began with Ronaldinho to launch a project in the world of cryptocurrency. By January 2025, an agreement was reached whereby the X user and his team were to work with the legendary football player on this crypto project. The agreement was worth $6 million, with the first half of that figure paid up front. Collaboration between the guys and Ronaldinho was now firmly established. But almost immediately after that, a wrench was thrown into the works. Another deal was discovered involving Ronaldinho and a different company—this one worth $10 million. The company based in Shenzhen is said to have used aggressive and deceptive marketing to promote meme coins with no real value. It has been reported to issue several fake virtual currency projects each month, sinking its teeth into the ‘quick harvest’ strategy many cryptocurrency companies are now using. This involve a very sharp increase in the price of tokens, really artificially jinned up prices of tokens, and then a very rapid sell-off, where they dump their tokens back onto the market. The Sale of Ronaldinho’s X Account: A Strategic Move with Questionable Ethics An even more controversial move, Ronaldinho allegedly sold his X account to the Shenzhen company for $5 million, reportedly to promote their token. The account’s sale, combined with his active promotion of the cryptocurrency, has led to accusations of him using his brand for personal profit, to the detriment of investors. The deal has sparked outrage from @R10coin_ and others involved in the initial token project, who feel Ronaldinho’s actions have burned them. @R10coin_ has given Ronaldinho a severe condemning for his decision to breach the original agreements. The tweet seems to suggest (if I’m interpreting it correctly) that Ronaldinho did this without the consent or communication of his original partners. Although there’s a whole lot of speculation going on, the gist of it seems to be that Ronaldinho’s actions may have led to a scam, with lots of funds flowing out of an operation that was supposedly under contract to @R10coin_, and into the bank accounts of a lot of people who were really good at running away with money. Community Report: Ronaldinho Sold His X Account for $5 Million to a Shenzhen "Token Issuing" Team According to X user @R10coin_ , "Ronaldinho ( @10Ronaldinho ) collaborated with a Chinese (Shenzhen) team to issue tokens and scam investors. In May 2024, @R10coin_ began formal… https://t.co/lTZs9Mu0q5 — Followin (@followin_io) March 3, 2025 What This Means for $STAR10 and Its Investors Concerns about the long-term viability of the $STAR10 token have been raised by the disclosures about Ronaldinho’s business dealings. For the many investors who find the prospect of putting their money into a token supported by a football legend like Ronaldinho, these exciting times are now somewhat dampened by the appearance of these allegations. While the $STAR10 token may still have some potential, if you ask me, what it has going for it too is its association with Ronaldinho. And if the formation of this association was as questionable as these reports now suggest, it may be high time to rethink these tokens. Investing in them may now seem to be endorsing a fraudulent pyramid scheme. Meme coins are notoriously random, and projects like $STAR10 are no different. As with other tokens in this space, prices can skyrocket and then just as quickly plunge when the underlining fundamentals are found to be wanting. Investors might consider doing the opposite of what the project’s celebrity backer is doing and be especially wary of tossing around too much faith toward a project that lacks (as the economist John Kenneth Galbraith might say) “courage, clarity, and conviction,” or has been connected to such things as an apparent top-up for an ailing concert venue. As the situation develops, $STAR10’s investors need to stay alert. The token’s early success might suggest there is some growth potential, but the persistent controversy surrounding it could very well erode that nascent investor confidence. Tokens associated with meme coins and celebrity-driven projects tend to be precarious; it’s not clear yet whether $STAR10 will prove to be a safe harbor, or whether it will run aground on some of the same rocky shoals that have claimed several similar ventures. Ultimately, investors face a high-risk proposition with Ronaldinho’s $STAR10 token, and recent allegations against him have only heightened that risk. Caution is always warranted in the world of cryptocurrency, and especially so when considering tokens tied to celebrities. Ronaldinho’s in particular may be less an investment opportunity and more a test of faith in his alleged character. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, and Metaverse news! Image Source: sergeybitos/ 123RF
Web3 non-custodial wallet, Bitget Wallet, has launched a new feature called AI Token Analysis, which helps users navigate the AI coin landscape in real-time. According to a press release sent to crypto.news, users can now access the AI Token Analysis feature through the K-line page of supported tokens on the Bitget Wallet app. The feature gives traders real-time insights and market trends in the form of a curated feed of key discussions. Traders who wish to invest in AI-related tokens like FARTCOIN ( FARTCOIN ), GRIFFAIN ( GRIFFAIN ), VIRTUALS ( VIRTUALS ) and many more will be able to use the new feature to monitor real-time market trends, social media discourse, news, influencer discussions and many more market sentiments to make informed trading decisions. According to the press release, the feature is only available for certain tokens but more assets will be added in the future. You might also like: Berachain mainnet launches on Bitget Wallet with airdrop rewards COO of Bitget Wallet, Alvin Kan observed there is a growing demand among traders who require real-time and reliable market insights in a way that is fast and accessible, especially in the rapidly changing crypto landscape. “AI Analysis simplifies market research by delivering clear, real-time intelligence, helping traders make informed decisions faster. This is just the beginning — we are committed to expanding AI-driven tools to enhance the on-chain trading experience,” said Kan. According to research conducted by VanEck, AI-driven solutions are expected to generate around $10.2 billion in revenue by 2030. After the emergence of AI into the crypto space in 2024, more and more public blockchains are integrating AI into their operations, expanding its capabilities beyond market analysis to include predictive modeling, automated strategies, and deeper data-driven insights. According to data from CoinGecko, at press time the overall market cap of AI coins have reached $25,3 billion, though it has gone down by more than 20% since the crypto market experienced a decline today. Read more: AI, Gaming and other crypto sectors crash worse than Bitcoin in 2025
Is the Mexican Peso on the brink of a major downturn? As U.S. tariffs take effect, the currency is teetering dangerously close to a low point, sending ripples of concern through the Forex market and beyond. Let’s dive into what’s happening, why it matters, and what could be next for the Mexican economy and global finance. Why is the Mexican Peso Under Pressure? Understanding US Tariffs The primary driver behind the Mexican Peso’s recent struggles is the implementation of US Tariffs . These tariffs, imposed by the United States on certain goods imported from Mexico, are designed to influence trade policies and potentially bring manufacturing back to the U.S. However, they have a significant and often immediate impact on the Mexican economy. When tariffs are placed on Mexican goods, they become more expensive for U.S. consumers. This can lead to reduced demand for Mexican exports, which in turn weakens the Mexican economy and puts downward pressure on the Mexican Peso . Here’s a breakdown of how tariffs create this pressure: Reduced Export Competitiveness: Tariffs increase the cost of Mexican goods in the U.S. market, making them less competitive compared to domestically produced goods or imports from countries without tariffs. Decreased Demand for Peso: As exports potentially decline, there’s less demand for the Mexican Peso to facilitate these transactions. Lower demand typically leads to a decrease in the currency’s value. Investor Uncertainty: Tariffs create uncertainty in the business environment. Investors may become hesitant to invest in Mexico due to concerns about reduced trade and economic growth, further weakening the Mexican Peso . Potential for Retaliation: Trade disputes often lead to retaliatory tariffs from the affected country. If Mexico were to retaliate against U.S. tariffs, this could further escalate tensions and negatively impact both economies. The Ripple Effect: How Currency Devaluation Impacts Mexico When we talk about the Currency Devaluation of the Mexican Peso, we’re referring to its decrease in value relative to other currencies, particularly the US dollar. This devaluation has a wide range of consequences for the Mexican economy and its people. While some might see a weaker currency as beneficial for exports in theory, the reality is often more complex and challenging, especially in the short to medium term. Let’s explore the multifaceted impact of a weaker Peso: Impact Area Positive Effects (Limited & Conditional) Negative Effects (More Pronounced) Exports Potentially makes Mexican exports cheaper for foreign buyers, theoretically boosting export volumes. Increased import costs for Mexican businesses that rely on foreign inputs, potentially leading to higher production costs and reduced competitiveness in the long run. Inflation None Imported goods become more expensive, leading to higher inflation. This erodes purchasing power for consumers and can lead to a decrease in living standards. Debt None Mexican debt denominated in foreign currencies (like US dollars) becomes more expensive to service in Peso terms, increasing the debt burden. Investment Potentially attracts foreign investment seeking cheaper labor and assets (if political and economic stability is maintained). Increased uncertainty can deter foreign investment due to concerns about economic instability and reduced returns in foreign currency terms. Domestic investment may also suffer due to inflation and economic uncertainty. Tourism Mexico becomes a more affordable tourist destination for those holding stronger currencies, potentially boosting tourism revenue. None Navigating the Forex Market Volatility: What Does This Mean for Traders? For those active in the Forex Market , the Mexican Peso’s volatility presents both opportunities and risks. Currency fluctuations can lead to profitable trades, but they also carry the potential for significant losses. Understanding the factors influencing the Peso, such as US tariffs and broader economic trends, is crucial for informed trading decisions. Here are some key considerations for Forex traders watching the Mexican Peso: Stay Informed: Keep a close eye on news related to US-Mexico trade relations, tariff announcements, and economic data releases from both countries. These events can trigger rapid movements in the Peso’s value. Risk Management is Key: Volatility is inherent in Forex trading, and even more so during periods of economic uncertainty. Employ robust risk management strategies, including stop-loss orders, to protect your capital. Consider Technical Analysis: Utilize technical analysis tools to identify potential trading opportunities and trends in the USD/MXN currency pair. Look for support and resistance levels, chart patterns, and indicators that can provide insights into price movements. Understand Correlation: Be aware of how the Mexican Peso might be correlated with other currencies and asset classes. For example, emerging market currencies often move in tandem. Long-Term vs. Short-Term Views: Decide whether you are taking a short-term trading approach to capitalize on volatility or a longer-term investment perspective. Your strategy will depend on your risk tolerance and market outlook. Beyond Mexico: Emerging Markets and Global Trade Tensions The situation with the Mexican Peso is not isolated. It’s a symptom of broader trends impacting Emerging Markets and the global trade landscape. Rising trade tensions, protectionist policies, and geopolitical uncertainties are creating headwinds for many developing economies. When a major economy like Mexico, closely tied to the US, experiences currency pressure due to tariffs, it sends a warning signal to other emerging markets that are also vulnerable to shifts in global trade dynamics. What are the broader implications for emerging economies? Increased Vulnerability: Emerging markets heavily reliant on exports are particularly vulnerable to trade disputes and tariffs. Currency fluctuations can exacerbate existing economic challenges. Capital Flight: Increased risk perception in emerging markets can lead to capital flight, as investors move their funds to safer assets or developed economies, further weakening emerging market currencies. Supply Chain Disruptions: Trade tensions can disrupt global supply chains, impacting businesses across borders and potentially leading to higher costs for consumers worldwide. Slowed Global Growth: Escalating trade disputes and protectionism can dampen global economic growth, as trade volumes decline and business investment is curtailed. Geopolitical Instability: Trade conflicts can spill over into broader geopolitical tensions, creating further uncertainty and risk in the global landscape. What’s Next for the Mexican Peso and Global Markets? Actionable Insights Predicting the future is always challenging, especially in the volatile world of Forex and international trade. However, by understanding the key factors at play, we can develop a more informed perspective on potential future scenarios for the Mexican Peso and global markets. Here are some actionable insights and points to consider: Monitor Trade Negotiations: The trajectory of the Mexican Peso will heavily depend on the evolution of trade relations between the US and Mexico. Any signs of easing tensions or negotiated agreements could provide relief to the Peso. Conversely, further escalation of tariffs would likely intensify the pressure. Central Bank Actions: The actions of the Bank of Mexico (Banxico), the country’s central bank, will be crucial. Banxico may intervene in the Forex market to support the Peso or adjust interest rates to manage inflation and currency pressures. Keep an eye on their policy announcements and interventions. Global Economic Outlook: The overall health of the global economy will also play a role. A slowdown in global growth could further weaken emerging market currencies, including the Peso. Conversely, a robust global recovery could provide some support. Diversification and Hedging: For businesses and investors with exposure to the Mexican Peso, diversification and hedging strategies are essential to mitigate risk. This could involve diversifying investments across different currencies and asset classes or using financial instruments to hedge against currency fluctuations. Long-Term Economic Reforms: In the long run, Mexico’s economic resilience will depend on its ability to implement structural reforms that enhance competitiveness, diversify its economy beyond reliance on the US market, and foster a stable and attractive investment climate. Conclusion: Navigating the Peso’s Perilous Path The Mexican Peso’s current predicament serves as a stark reminder of the interconnectedness of the global economy and the profound impact that trade policies can have on currency values and national economies. As US Tariffs cast a shadow over the Mexican economic outlook, the Peso faces a critical juncture. The situation demands careful monitoring, strategic responses from policymakers and businesses, and a deep understanding of the complex interplay between trade, currency markets, and global economic forces. For investors and businesses alike, navigating this volatility requires a proactive and informed approach, emphasizing risk management and adaptability in a rapidly changing global landscape. To learn more about the latest Forex market trends, explore our articles on key developments shaping currency valuations and geopolitical impacts.
Digital currencies tied to stable assets like the U.S. dollar have witnessed an upswing in popularity. The number of active addresses for two of the largest stablecoins —Tether (USDT) and USD Coin (USDC)—hit record highs in recent months. Tether appears to have the most impressive growth in active users, but together these two stablecoins show a trend toward more decentralized use. The use cases are varied and include cross-border transactions, decentralized finance (DeFi), trading, and market arbitrage. Stablecoins have found a sweet spot in the cryptocurrency ecosystem. They offer the digital creatures with all the Forrester research predicted several years ago: the speed and efficiency of digital currencies, with the stable, predictable value of fiat currency. And whether by design or function, they are quickly pleasing the authorities in D.C. who have been worried about the stability and safety of the American financial system. A look at what is behind the uptick in active addresses for $USDT and $USDC. Why Are Active Addresses for $USDT and $USDC on the Rise? The surge in active addresses for both Tether (USDT) and USD Coin (USDC) indicates that an increasing number of individuals are gravitating toward these stablecoins for practical, real-world applications. As we know, these stablecoins offer the opportunity to move value around the blockchain quickly and efficiently, without the price fluctuation risk that’s often associated with digital currencies. What I’d like to do in this post is break down the reasons, or the pain points, that $USDT and $USDC seem to be solving. 1. Fast and Low-Cost Transactions One of the main reasons stablecoins are on the rise is their ability to offer rapid, low-cost transactions compared to traditional payment systems. Sending stablecoins is far cheaper and quicker than using customary banking services or international wire transfers, which can often take days to process and involve high fees. As the cryptocurrency ecosystem matures, stablecoins like $USDT and $USDC are increasingly becoming the go-to option for people and businesses who need to send funds quickly and with minimal transaction costs. Moreover, stablecoins are usually constructed on blockchain networks like Ethereum, Binance Smart Chain, and other similar networks that allow for almost instant transfers. This makes them a much more appealing choice than old payment systems, which might be partially held up by slow transfers and expensive middlemen. 2. Cross-Border Transfers Without the Hassles Another important factor pushing up the use of stablecoins is their ability to facilitate international money transfers quickly and cheaply. Sending money to another country, especially one with a different currency, can bog down the whole banking and payments system. It can be slow and can use up a lot of money. But stablecoins can work around this whole traditional barrier system. You can send stablecoins to your friend in Peru, and they can simply use the stablecoin directly or convert it to Peruvian soles for local transactions. And all of this can happen much faster and at a lower cost than if you had used traditional banks or payment systems. Active Addresses on Tether ($USDT) & USD Coin ($USDC) Are Hitting Record Highs The number of active addresses for Tether ($USDT) and USD Coin ($USDC) has reached new highs. USDT has seen the biggest increase, while $USDC is also gaining more users over time. Think… pic.twitter.com/xRZ3FtoBZZ — Maartunn (@JA_Maartun) March 2, 2025 The USDT and USDC stablecoins offer people and businesses a way to send or receive funds worldwide that is not bogged down by the usual banking delays and the heftier fees that come with foreign exchange and international transfers. If anything, using these digital dollars only seems to be gaining momentum as the global remittance market expands. The total amount sent across borders via stablecoin was less than a drop in the bucket compared to the $1.2 trillion overall remittance market—it would be like using a teaspoon to transfer the contents of a swimming pool. Even so, the stablecoin solution is being touted as a more effective and efficient way for people in this space to do a better job serving their customers. 3. The Role of Stablecoins in DeFi and Crypto Trading Over the past few years, decentralized finance (DeFi) platforms have surged in demand, giving users decentralized substitutes for traditional banking services. Of many DeFi platforms in operation today, a good number conduct their business in stablecoins, the very medium of exchange that the DeFi ecosystem, according to its designers, requires in order to function in a reliable and efficient manner. Stablecoins are digital assets that, unlike the main cryptocurrencies of today (like Bitcoin and Ethereum), do not experience wild fluctuations in value. That’s because stablecoins (or at least the types that are commonly used in DeFi) are pegged in some way to a stable underlying asset, like the U.S. dollar. $USDT and $USDC are crucial to a number of DeFi systems, where they perform essential functions like that of yields, and even exceed in some instances the type of yields you could get in a traditional bank at a traditional savings account. When you lend out your stablecoins, you’re obviously earning interest. When you use stablecoins, you’re also providing much-needed liquidity to DeFi systems. And even when stablecoins are used as anything other than a medium of exchange (which, by the way, is something stablecoins do without invoking the specter of a U.S. dollar), they’re serving a function that’s almost, but not quite, like those of money: functional, lubricating, as part of a payments ecosystem and the economy. And when you’re trading, whether you’re using the at-the-moment prices of stablecoins or not, you’re engaging in an ecosystem that includes, well, liquidity. 4. A Safe Haven During Market Swings Besides enabling trading and DeFi functions, stablecoins are swiftly gaining ground as a go-to safe haven during market swings. The time-tested volatility of the crypto market has been amply documented. Traders and investors alike are on a perpetual quest to find ways of preserving their value during downturns or stretches of uncertainty. In this respect, stablecoin options like $USDT and $USDC are far from being just another DeFi gimmick. They are well-thought-out responses to the crisis of confidence affecting all cryptocurrencies that we seem to have in contemporary times. During times of high instability, when digital currencies such as Bitcoin or Ethereum undergo swift valuation shifts, traders frequently rush to stablecoins as a means of risk reduction and loss containment. By allocating their funds to stablecoins, traders can bypass the wild gyrations of the digital currency market at large, rendering the stablecoin an almost miraculous token that, for the time being, sidesteps the even more wild price changes of its brethren. This particular use case has exploded in the last few months as a consequence of the recent market crash. The Future of Stablecoins and Their Growing Role in the Global Financial System The increase in active addresses for Tether ($USDT) and USD Coin ($USDC) is just the start of a much larger trend. More individuals, businesses, and platforms are adopting stablecoins, and for good reason. With their speed, low cost, and relative stability, stablecoins occupy a space in our financial ecosystem that is only likely to expand as we adopt more digital-to-digital payment methods. Here’s a list of some of the good reasons why this adoption is happening: 1. For international transfers, stablecoins have a proven record. 2. They’re being used more and more in decentralized finance. 3. As for just holding them? Stablecoins are store-of-value crypto. While the adoption of stablecoins climbs, regulatory scrutiny looks set to follow. Worldwide, governments are paying ever-closer attention to the stablecoin situation, and the apparently urgent need for a clear regulatory framework seems to be directly tied to the growing influence of the stablecoins themselves. In the meantime, $USDT and $USDC appear to be reaping the rewards of the very impressive use cases they seem to have. To sum up, the soaring number of active addresses for Tether and USD Coin serves as a reliable and efficient evidence of the growing trust in stablecoins as a means of transacting. Stablecoins have shown to be a key tool for the booming cryptocurrency ecosystem. Be it through cross-border payments, participation in DeFi, or using them as a safe haven in times of market volatility, stablecoins are definitely a big part of the emergent crypto world. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news! Image Source: katisa/ 123RF
As liquidations in the crypto market rise up to a billion dollars, Solana is witnessing a massive crash.…
Cryptocurrency markets experienced a sharp downturn following President Trump’s announcement regarding a federal crypto reserve and impending tariffs. Dogecoin (DOGE), Ethereum (ETH), and Solana (SOL) all reported significant drops in
Recently, Ethereum’s ($ETH) price has surged, and concerning investors and institutions, significant movements have been made. In the last 10 hours, Amber Group—a key player in the crypto space—has built up a major position in Ethereum, purchasing 11,000 ETH worth about $27.49 million. Such attention on $ETH has observers watching closely, especially since its price saw an almost $400 uptick just overnight to hit $2,437. But what’s behind the sudden influx of cash? Why is Amber Group and, seemingly, a bunch of other major players, hurrying to accumulate more Ethereum? Amber Group’s Strategic $ETH Accumulation A well-known global crypto investment firm, Amber Group, has been active in the recent hours of increasing their holdings of Ethereum. The group has purchased 11,000 ETH, which is one of the most significant moves of buying we’ve seen recently. The total value of this position, based on the recent price of $2,437, amounts to around $27.49 million. Although the buy order was proposed by Amber 7 hours ago at a price of $2,499 per ETH, it’s likely that their actual entry price is lower, given that Ethereum has been making a rapid upward move in that time. Moves like this by major players reflect an increasingly institutional interest in $ETH, which is hard not to notice when you consider that it’s the second-largest crypto asset by market cap. Institutional players increasing demand for Ethereum shows that confidence in its future is not just the domain of retail investors. Taking positions in Ethereum because of confidence, not in the current price, but in what they anticipate will be a significantly higher price in the not-too-distant future, is now being done by larger market participants. And that is potentially very bullish for Ethereum. The Trump “Order” Spark and the $ETH Price Surge What might have triggered such a sharp upward movement in Ethereum’s price? While certainly market trends and technical indicators play a role, one particular factor stands out: former U.S. President Donald Trump’s latest “order” seems to have sparked the recent rally. This move by Trump, which made headlines, appears to have sent ripples across the cryptocurrency markets, with Ethereum benefitting particularly from the attention. In just one night, Ethereum’s price increased by almost $400, leaping from about $2,037 to $2,437. This rally reflects the current heightened excitement in the market—an excitement that, in all likelihood, was not only inspired by President Trump’s recent remarks but also a more general turn towards optimism in the whole cryptocurrency sector. Whether that optimism was nudged along by the President’s latest “order” or not, one thing is clear: Ethereum is enjoying renewed enthusiasm from both institutional and retail investors. The big players are jumping into $ETH ! Over the past 10 hours, #Amber Group has been building a position of 11,000 ETH, worth $27.49M, during the upward trend. pic.twitter.com/UX4kQIu3Dh — EyeOnChain (@EyeOnChain) March 3, 2025 Why the Focus on $ETH? For a long time, Ethereum has been seen as one of the most crucial cryptocurrencies in the marketplace, second only to Bitcoin in market capitalization. Yet, recent happenings around Ethereum’s ecosystem have helped to restore the digital asset’s allure. Ethereum’s shift to Ethereum 2.0—a long-foreseen upgrade designed to boost scalability, dump energy consumption, and slash transaction costs—has been the main engine behind Ethereum’s newfound growth. The upgrade, and what it means for the network, has what feels like a near-constant spotlight thrown on it these days; it’s almost always in the news, and that’s mostly good news. Moreover, the emergence of decentralized finance (DeFi) has positioned Ethereum at the core of innovation within the crypto sector. Platforms in the DeFi space that enable borrowing, lending, and trading—in effect, transitioning to a world without traditional intermediaries—are mainly constructed on Ethereum’s blockchain. Even as these platforms, and the Ethereum network itself, are having growing pains, Elwood says, interest in DeFi from institutional investors like Amber Group seems to be still on an upward trajectory. Additionally, the rapidly expanding non-fungible token (NFT) market, which is an offshoot of the current crypto boom, has seen most of its action on the Ethereum blockchain. Artists and investors have been going crazy over this new asset class, which has resulted in insane value appreciation. Again, while some of the hype can be discounted, what’s certain is that NFTs have become a huge driver of activity on Ethereum. Institutional Moves and the Future Outlook for Ethereum The latest move by Amber Group to acquire 11,000 ETH underscores the trend toward institutional investment in the cryptocurrency market. Ethereum is tipping ever more toward a mantle of mainstream acceptance as its value grows, and the latest installment of the Mid-Range Futures conference—in which a number of prominent Ethereum figures participated—has done its part to push the very much alive message that Ether is a worthwhile investment. Currently, market momentum for Ethereum is really strong, with price projections even hinting at the potential for further gains. The major factor that could carry Ethereum to uncharted heights is its relentless development. In a lead role are the Ethereum 2.0 upgrades, which—if you buy into the ever-cheesy narrative of “the next Bitcoin”—could soon propel Ethereum to levels never seen before. To sum up, recent maneuvers by Amber Group reveal that institutional investors are clearly taking an increasingly favorable view toward Ethereum. The impetus behind Amber’s conversion of 11,000 ETH into 300 million dollars’ worth of EIP-1559—that is, Ethereum Improvement Proposal 1559—was a security-related recommendation by Trump, delivered during a recent presidential debate. Whether you agree with that recommendation or not (and I personally find it pretty hard to endorse), the underlying observation—that institutional players are moving seriously into Ethereum—is a significant one. This, combined with the ecosystem’s broader and ongoing developments, makes Ethereum an increasingly attractive option for both large players and retail investors. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency. Follow us on Twitter @nulltxnews to stay updated with the latest Metaverse news! Image Source: Krisdog/ 123RF