Saturday, April 12, 2025
HomeCryptoTETHER Mint $ 1 billion USDT on the TRON network in the...

TETHER Mint $ 1 billion USDT on the TRON network in the middle of the growing demand for stables

Premier Stablecoins transmitter Tron network (TRX) Saturday, April 12, during the first Western financial markets. According to Paolo Ardoino, CEO Tether, the 1 billion mint is an authorized transaction but not issued.

Meanwhile, Onchain’s data show that USDT 450 million have been transferred from Tether Treasury to HTX exchange a few hours ago. According to data from the Defillama market, the supply of stablescoins on the Tron network increased from $ 58.5 billion on January 1, 2025 to around $ 67.3 billion on April 11, 2025.

Bitcoin price ready for a bullish escape

Market data Cryptocurrency shows that the balance of highly bitcoin active addresses (BTC) has been reconstructed during the last two quarters in the middle of the lower feeling.

The growing confidence of Bitcoin as a long -term investment suggests an imminent upcoming escape. Changpeng Zhao, co-founder of Binance, estimates that BTC will reach $ 1 million catalyzed by nation states.

From the point of view of technical analysis, BTC price trained Ga Potential Falling Wedge, which suggests an escape towards the following lens between $ 86,000 and $ 91,000. However, a retirement of less than $ 80,000 will delay the short -term bullish feeling.

Alts-season when?

Altcoin demand gradually increased last week, in the middle of the growing supply of stable. According to the chain data, 453K Ethereum (ETH) have been removed from Cryptography exchanges Last week.

Cryptochant’s market data show the 30 -day trading volume for altcoins compared to the respective stable pair below the annual average, which has often coincided with an accumulation followed by a bounced rebound.

The growing demand for Bitcoin in tandem with gold, because investors are looking at the current trade between China and the United States, clearly indicates that the highly anticipated Altsason 2025 is much closer.

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