Tether, the stablecoin issuer, has significantly increased its Bitcoin holdings, making it the seventh-largest holder globally with a total of 75,354 BTC valued at approximately $5.1 billion. This latest acquisition of 8,888 Bitcoin marks a notable expansion in Tether's investment in the cryptocurrency, crossing the $5 billion mark in holdings. The purchase aligns with Tether's ongoing efforts to assert its dominance in the stablecoin market, amidst a broader context where the stablecoin sector's market cap has reached over $150 billion, led by Tether's USDT with $104 billion and Circle's USDC at $32 billion. This growth in the stablecoin market represents a significant recovery post-FTX collapse, highlighting the increasing investor confidence in stablecoins as a secure and stable asset class within the cryptocurrency market.
Memecoins are taking the lead on @base with $DEGEN / $WETH trading pair hitting $97.7M in volume, according to @dexscreener. $ANIME / $WETH, $mfer / $wetf & other follow suit. https://t.co/M959eFw44q
The cumulative supply of the top three dollar-pegged stablecoins – $USDT, $USDC, $DAI - has increased to their highest level since May 2022, reassuring stability to $BTC bulls. Reports @godbole17. https://t.co/XUGbIw3uYw
Which memecoin is going to $1 billion market cap next ? https://t.co/1UDdl6PUZh
🚨 BREAKING: Over $10 million bridged from other chains to @solana in the last 24 hours. https://t.co/dcqqGAAY8r
🚨 BREAKING: @solana Stablecoins Supply (Market Cap) surpasses $3 billion. (Total Supply in $USD value) https://t.co/5XIGVqyT3F
🚨 BREAKING: $250 million USDC just minted on the @Circle Treasury on @solana. https://t.co/0XrQrzuyUa
🚨 REPORT: @JupiterExchange's monthly trading volume surpassed $47 billion in March. This accounts for 78% of the total monthly DEX volume on @solana. https://t.co/t4ib3RZzkA
🚨 BREAKING: @Solana saw an inflow of over $150 million in stablecoins over the past 24 hours. One of the largest inflows in the past 3 months. https://t.co/MaADG9tUW3
Where will the next round of memecoin insanity be? 🤔 Read this 👇 @base saw a record of $1.22 billion trading volume on DEXs over the weekend Reports suggest the high flows are due to memecoins like #degen and #Brett, hitting over $500 million each in market cap Another… https://t.co/XVmOn50857
BREAKING: @solana STABLECOIN SUPPLY BREAKS $3 BILLION https://t.co/6z4deUr2vY
BREAKING: $250M $USDC MINTED AT $USDC TREASURY ON @solana https://t.co/MJFScP77uC
What meme coin did u buy today?!
Solana stablecoin issuance broke $3B again. @artemis__xyz is working on some exciting reports into @circle CCTP impact and new funds’ preferred activities. Stay tuned! https://t.co/zosTna8xYQ
Most people aren't processing how fast @base is moving. Over $1.14B locked in the ecosystem. Launched 8 months ago. Extremely well executed. Hopefully some useful applications emerge with the lower fees that Base provides. @jessepollak @brian_armstrong @0xlght https://t.co/UgDuTUP5gu
🚨 BREAKING 🚨 $1 BILLION USDT JUST MINTED AT THE TETHER TREASURY. BULLISH 🔥 https://t.co/4JWkGGo8at
What is DEGEN chain? The L3 stirring interest in the memecoin community https://t.co/ZH1F0YkA9f
Q1 change in stablecoin supply: $USDC expanded by 22%, more than any other major global stablecoin 🔥 https://t.co/ZigyS2VPeI
1 billion $USDT minted 4min ago. Jerome Powell prints another $1b US Treasuries through @Tether_to $USDT on @trondao $TRX - this indicates we are probably going back up.👀 https://t.co/u6tMaYzeQd https://t.co/Vb2UCs5M5H
March was a big one for dYdX Chain 🤝 $BTC, $ETH, $SOL and $NEAR topped the volume leaderboard. https://t.co/x8RDU6zTWN
BASE TRANSACTIONS REACH RECORD HIGHS On March 29, Base recorded an all-time high of 2.27M transactions, according to data from a Dune Analytics dashboard. This surge in daily activity follows a previous record set on March 18, when weekly transactions on Base reached… https://t.co/Jrj9nr57oc
The Perp-DEX space wrote history in March. We saw a massive increase in trading volume on decentralized perpetual exchanges and reached a new All Time High! Monthly trading volume: $292,560,706,209 🥇 $60B @dYdX 🥈 $52B @HyperliquidX 🥉 $27B @rabbitx_io 4⃣ $16B @aevoxyz 5⃣… https://t.co/iBjXGLqVMs
.@Memeland has introduced the Memenet, which will use the $MEME as its nativ gas token. https://t.co/XHrvOBu5oj https://t.co/MHVvIZa1dz
UPDATE: Layer-3 network @degentokenbase is getting a lot of attention recently. But what is the Degen Chain? Find out…↓ #BASE (By: @ComposableD) https://t.co/QjGrGyUmaq
Tether's Latest Acquisition Puts Stash at 75,354 #Bitcoin https://t.co/QgqY50FKHL
.@ Tether_to continued to add to its #bitcoin stack, with on-chain data showing another 8.9K BTC moved to its wallet over the weekend. https://t.co/ybDw4M21j0
BREAKING: @Memeland INTRODUCES “MEMENET” CHAIN - TO OFFER “A SAFE, LOW-COST, DEGEN-FRIENDLY WAY TO BUILD ON-CHAIN”, ISSUE “[REDACTED]”, USE $MEME (@memecoin) AS ITS NATIVE GAS TOKEN, AND PROVIDE NATIVE YIELD FOR $ETH AND STABLECOINS https://t.co/xYWNPSmTH6
INTRODUCING MEMENET: THE MEME NETWORK Memenet is a blockchain that offers a safe, low-cost, degen-friendly way to build on-chain. We are incubating Memenet inside of @Memeland, leveraging the last decade of our experience building social and crypto products. We plan to… https://t.co/0sUINHhK2j
It's not just Solana: Meme coin traders are flocking to Ethereum scaling network Base, too, which is seeing surging activity as a result. Click to read: https://t.co/OCe73rL4Tu
Meme infrastructure is taking off on @Base with $DEGEN's latest launch Can this parabolic run continue? Find out 👇 https://t.co/SRIm4DFKgf https://t.co/4kubpDZsLX
🚨 JUST IN: $SOL-PERPS volume on @JupiterExchange surpasses $250 million. https://t.co/DTrGGcB1Rn
The hot ball of chasing memes coins from Solana to Base networks has found its way to Degen Chain, a so-called layer-3 blockchain that began operations last Thursday. https://t.co/n2FLUlsDiG
Base DEX volume in the last 30 days grew 512% compared to the previous 30 days! Fastest growing chain with $12bn dex volume, and over 1 million dex traders! source - https://t.co/qDlBcy3YVj https://t.co/s6fLJnktk7
Stablecoin giant Tether added even more Bitcoin to its balance sheet in Q1 and now holds over $5.1 billion worth of the asset. Click to read: https://t.co/cGDF5IUjLq
In March, @avax's total DEX trading volume soared by 249.5% MoM, reaching $9.66B - marking the highest volume since February 2022. @TraderJoe_xyz's V2.1 led the charge, commanding over 81% market share of Avalanche's DEX activity. The numbers don't lie, even on April Fools.… https://t.co/enT3LbSg1o
In 2021 $DOGE hit $90B MC, $SHIBA hit $40B MC This cycle, $SOL and $BASE memes are taking over Next to $1B: $MYRO, ...? , ...? Scanning all the memes, old and new, to find the next billion-dollar gems. Which ones should make the cut? 500 Likes and I'll reveal the list… https://t.co/z3UwhWWxhh
NEWS: Cat-themed meme coins surge in popularity, but can they break the billion-dollar barrier? https://t.co/xUWNCOwGD9
📈Memecoin traders catapulted decentralized exchange activity to all-time highs last month. March registered an all-time high transaction volume of $261 billion, surpassing the previous peak in November 2021. https://t.co/5h97w4qWlQ https://t.co/S3fT7nlpH7
Stablecoin market reaches a new peak of over $150 billion! 🆙 $20 billion since January. https://t.co/mwY6usvA1c
🚨 BREAKING: Solana-based @JupiterExchange continues to dominate in DEX volume across all chains for the past 3 days. Uniswap V3 (Ethereum) - flipped https://t.co/mNtKv0WSaD
Solana DeFi Trading Hits All-Time High Amid Meme Coin Frenzy ► https://t.co/vIccSjoxF1 https://t.co/vIccSjoxF1
Base is seeing a huge surge in DeFi activity. On March 30th, Base just hit $1 billion in daily trading volume. It has also overtaken all leading L2s in terms of daily transaction count. Is Base the new Solana? https://t.co/NIqBXquxAn
Stable Coin Update: @circle mints $134m $USDC on #Ethereum 4min ago 👀 https://t.co/TmPx0oH14A
Stable Coin Update: @circle mints $134b $USDC on #Ethereum 4min ago 👀 https://t.co/pyZOfu7VJl
Solana's meteoric rise in Q1 2024 is turning heads. With its lightning-fast transactions, low fees, and exploding NFT ecosystem, $SOL has surged over 700% in the past year. Now capturing 49.3% of global crypto investor interest, it's a force to be reckoned with. https://t.co/nVUcaNrAZi
.@Tether_io continued to add to its #bitcoin stack, with on-chain data showing another 8.9K BTC moved to its wallet over the weekend. @SteveAlpher reports https://t.co/lm2pAAn9Sg
BREAKING: @solana MONTHLY DEX VOLUME BREAKS $60 BILLION IN MARCH - HITS NEW ALL-TIME-HIGH https://t.co/k5eya3EBiJ
🚨 BREAKING: @solana's DEXs (Decentralized Exchanges) trading volume for March surged past $60 billion, marking a new all-time high. https://t.co/O1v8cVLmcC
Stablecoin Sector Hits $150 Billion The stablecoin market has reached a new peak of over $150 billion, up $20 billion since January, marking a significant recovery post-FTX collapse. Tether's $USDT leads with $104 billion, while Circle's $USDC climbs to $32 billion. https://t.co/gfYmkvGprz
Meme coin "investors" moving from SOL to BASE to DEGEN https://t.co/jNW2SNk9uD
Stablecoin issuer Tether made headlines on March 31, as it acquitted 8888 Bitcoin, valued at $618 million https://t.co/38Wzk9hOfw
Tether's Bitcoin holdings cross $5B mark after first quarter's $627M purchase https://t.co/Ud3xohnMDe
#Tether buys 8,888 bitcoins as $USDT asserts stablecoin dominance 📈💸 Which stablecoin do you use? 💰 Click below for the full report 👇👇👇 https://t.co/j3nWxsVYQt https://t.co/dQIl2YKPbL
Now tracking Degen Chain on GeckoTerminal. 🎩 Degen Chain (@degentokenbase) is an EVM-compatible L3 network designed for the DEGEN token. It operates on top of L2, offering customization and application-specific features. 👇 https://t.co/FwXEv0aHea
Tether's bitcoin holdings cross $5 billion mark after latest purchase https://t.co/DAwr01Hg70
01 Apr: Tether Buys More #Bitcoin Happy Monday Folks! Tether has smashed the buy button once again. Read, Watch, and LISTEN! https://t.co/kS9XXYvPKi
With the latest acquisition of 8,888 #Bitcoin, @Tether_to becomes the seventh-largest holder globally, holding 75,354 $BTC worth $5.2 billion. https://t.co/13qSTd5QHV