Tether dismisses blockchain rumors, doubles down on AI innovation

Tether's CEO said that the company prioritizes interoperability and partnerships with various networks for USDT's growth.

Feb 06, 2025

Happy Thursday!

Today's crypto landscape is filled with exciting developments. Tether is shifting its focus, dismissing blockchain rumors while doubling down on AI innovation to drive growth for USDT. Meanwhile, VanEck predicts a promising future for Solana, forecasting a significant market cap increase and a potential price of $520 by the end of 2025. Ondo is making waves by launching a blockchain platform that allows global investors to tokenize US stocks using stablecoins, offering exposure to major companies like Apple and Tesla. Amidst these advancements, analysts are setting ambitious targets for Bitcoin's fair value at $95,000 despite declining network activity—read more about these stories below.

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The global crypto market cap is $3.16 trillion, with a 24-hour volume of $121.57 billion. The price of Bitcoin is $97,286.91, and BTC market dominance is 60.9%. The price of Ethereum is $2,729.54, and ETH market dominance is 10.4%. The best-performing sector is Cannabis, which gained 62%. The Crypto Fear & Greed Index is currently Neutral (49).