Tether freezes $213M in USDT linked to Gurhan Kiziloz following Brazilian court ruling. Tether has frozen more than $213 million linked to Gurhan Kiziloz and 48 USDT accounts associated with his company following a Brazilian court ruling tied to gambling…
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The post Bitcoin Bulls Target $100K as Strategy’s STRC Enables More BTC Buying This Week appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares. Falling crypto market dominance of USDT and USDC stablecoins increases BTC’s odds of reaching $100,000. Strategy resumes Bitcoin buying as STRC stock reclaims $100 par Strategy’s preferred stock, Stretch (STRC), has reclaimed its critical $100 par value, restoring one of the company’s funding mechanisms for Bitcoin purchases, data from STRC.LIVE shows. As of Wednesday, STRC was trading around $100.01, with estimates suggesting the preferred-share program has already unlocked enough buying power for Strategy to acquire at least 3,172 BTC this week. Strategy’s weekly BTC buying estimates via STRC stock sa
The post Upbit Lists Superform (UP2) With KRW, BTC, USDT Pairs — Exchange Bets on Chain Abstraction in Korea appeared on BitcoinEthereumNews.com.
New token listings on major Korean exchanges rarely pass without market attention — and when it’s Upbit, the country’s largest platform by volume, the move often sets a short-term price narrative. This time, it’s Superform (UP2), a project branding itself as a “user-owned neobank,” according to a market update. Trading goes live May 14 at 20:30 local time with three base pairs: KRW, BTC, and USDT. The decision to open with Bitcoin and Tether quotes beside the won is itself worth decoding. It tells a story about who Upbit expects to trade UP2 — and why abstraction projects are starting to matter to exchange liquidity desks. Superform describes itself as a neobank that abstracts multi-chain complexity. Instead of forcing users to switch networks to manage assets across Ethereum, Arbitrum, or Optimism, the protocol aggregates balances and lets t
The post XRP Tops Upbit as South Korea Demand Surges Again appeared on BitcoinEthereumNews.com.
XRP Becomes Upbit’s Most Traded Asset as Korean Demand Surges Again Market analyst Xaif Crypto reports that XRP has surged to the top of Upbit’s 24-hour trading volume, South Korea’s largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT. Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale. While Bitcoin still dominates globally, South Korea’s crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP. Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market. Beyond market sentiment, XRP’s fast settlement times and strong liquidity have
Arkham’s new map links OFAC‑sanctioned Tron wallets to Iran’s central bank, putting Tehran’s alleged onchain reserves and counterparties in full public view.
MEXC, a pioneer in 0-fee digital asset trading, today announced its commitment to expanding the Guardian Fund from $100 million to $500 million over the next two years, alongside the acquisition of 1,000 Bitcoin. The move establishes a dual-reserve structure combining USDT liquidity with Bitcoin holdings to strengthen user protection,