The post Tether’s USDT supply contracts on Ethereum and TRON appeared on BitcoinEthereumNews.com.
Tether’s USDT supply is contracting, after a $2.5B burn on the Ethereum network. The stablecoin just saw its biggest burn since February, potentially signaling liquidity outflows. Tether’s treasury burned $2.5B worth of USDT tokens on July 7, the largest supply contraction since February. The Tether treasury destroyed $3.5B of tokens on February 10, as a response to general trading contraction and removing USDT from legacy networks. As a result, Tether retains a $189.6B supply of USDT, mostly using Ethereum and TRON for transfers. USDT is closely watched for the effect of Euro Area regulations, and as a general signal for the health of the crypto ecosystem. The supply burn also traces a larger trend in stablecoin liquidity. Active addresses declined by 36.2% in the past 30 days, according to Artemis data. Average daily stablecoin volume is down by 47.5%. USDT and its closest rival, Cir
The post 40% of altcoins near all-time lows as Bitcoin dominance stays high appeared on BitcoinEthereumNews.com.
Altcoins are facing renewed pressure as market breadth weakens and liquidity stays thin across smaller tokens. Summary Darkfost says 40% of altcoins now trade near lows as token oversupply drains liquidity fast. Bitcoin’s drop below $60,000 pushed the share toward 45%, showing altcoin stress deepening again sharply. Mikybull sees an altcoin dominance breakout, but broader market data still demands caution from traders. Crypto analyst Darkfost said about 40% of altcoins are trading near their all-time lows. He said the reading reflects the pressure facing projects that launched tokens during a period of weaker demand. Darkfost said the share climbed to 45% when Bitcoin fell back below $60,000 in late June. He framed the data as a warning that altcoins remain exposed when market liquidity dries up and buyers narrow their focus to stronger names. The analyst said the current ma
Base crossing the $2 billion TVL line is one of those milestones that matters because it is hard to fake. Liquidity can move, of course, but total value locked still gives a useful read on where users and capital are act
Coinbase's full trading support for GROVE-USD could enhance liquidity and investor confidence, potentially boosting DeFi adoption and innovation.
The post Coinbase enables full trading for GROVE-USD pair with all order types appeared first on Crypto Briefing.
DOGEBALL is highlighted as a crypto presale focused on smart contract audits, utility, and liquidity planning as investors assess early-stage opportunities. Crypto presales allow investors to buy new tokens before they hit public markets. Finding an early project can lead…
Aave V3 on Monad topped $100M deposits in 48 hours as incentives landed and risk caps shifted. Borrow demand, GHO uptake, and cap tuning now decide longevity.
Deutsche Bank's lending halt to private credit funds may tighten liquidity, impacting private equity and venture capital's reliance on leverage.
The post Deutsche Bank halts lending to private credit funds over risk concerns appeared first on Crypto Briefing.