🇦🇪 Tether Launches Stablecoin Pegged to the UAE Dirham

Alessandro Giori, Director of Strategic Partnerships at Tether, announced the upcoming launch of a stablecoin backed by the dirham on the TON blockchain during the TON Gateway event in Dubai.

📍 To support this initiative, Tether has partnered with UAE-based companies Phoenix Group and Green Acorn Investments.

📍 The new stablecoin will be backed by UAE assets to ensure stability and security.

Tether is expanding into the Middle East market, in line with the UAE’s vision 🇦🇪 to become a global hub for digital assets and blockchain technology.

🟠 Visa Launches Tokenized Assets Platform

☄️ Visa, one of the world’s largest payment systems, has launched a new tokenization platform, seeking to capitalize on this growing field. The platform allows banks to issue tokens backed by fiat currencies.

➡️ Visa’s Tokenized Assets Platform (VTAP) will launch in 2025 on the Ethereum blockchain.

➡️ The goal of VTAP is to develop global standards for interoperability among financial institutions exploring blockchain technologies.

Two years in prison 💰

Former Alameda Research CEO Caroline Yellison sentenced to two years in prison for her involvement in the FTX scam ❗️

Not short of two years for such a big scam?

👍 -For once 👎 -Few, 10 minimum

🇺🇸 TrueUSD issuer and operator to settle dispute with SEC

💵 The issuer of the TUSD stablecoin – TrueCoin, and the operator of the lending platform TrueFi have agreed to settle their dispute with the regulator.

➡️ Without admitting or denying allegations of selling unregistered investment contracts, TrueCoin and TrueFi will pay fines to the SEC amounting to over $500,000.

🔥Hamster Combat

📍Less than 3 hours left to link the wallet. Make sure that there is a (✅) mark when linking.

📍Many people contacted me because the cheat card appeared to them and the reason was the keys, knowing that they worked hard to collect points. Are you one of them?!

📍There are several promising projects in the pinned tweet. Work hard, because opportunities are renewed 🙌

📍The important question is, did you get the cheat card unjustly or was it correct?!

📊 Bitcoin September Update: Trends & Outlook 📊

🔹 Over the past 11 years, Bitcoin has seen an average decline of 4% in September.
🔹 In 2024, institutional investors have taken the lead, with Bitcoin’s performance influenced by U.S. spot ETFs.
🔹 The U.S. Federal Reserve's potential 50-point rate cut might shake markets.
🔹 Bitcoin is in a descending channel with low trading volume, signalling a pause in its upward trend.
🔹 The Active Address Sentiment Indicator shows potential market overheating.

September could be the last hurdle before Bitcoin’s historically strong Q4, setting the stage for a bullish 2025. 📈🚀

🖥 In the first week of September, the S&P 500 lost $2.2 trillion in market capitalization

This is $200 billion more than the entire cryptocurrency market 🔽

🔝 Token unlocks in September

A total of $1.7bn worth of tokens will be unlocked this month.
The largest unlocks are:

✔️ Sui (SUI)
- Date: 1 September
- Number of tokens: 64.19 million
- Value: $51.6 million

✔️ Immutable (IMX)
- Date: 6 September
- Number of tokens: 32.47 million
- Value: $47.41 million

✔️ Aptos (APT)
- Date: 11 September
- Number of tokens: 11.31 million
- Value: $76.68 million

✔️ Arbitrum (ARB)
- Date: 16 September
- Number of tokens: 92.65 million
- Value: $47.48 million

✔️ Optimism (OP)
- Date: 30 September
- Number of tokens: 31.34 million
- Value: $44.51 million

✨ Riot Platforms demands changes to Bitfarms Board of Directors

One of the largest miners, Riot Platforms, has written an open letter to Bitfarms shareholders demanding changes to the Board of Directors.

🗓 The next meeting of shareholders is scheduled for 29 October, and Riot Platforms now controls 19.9% of Bitfarms securities.

It should be recalled that since the beginning of this year the saga with the attempts to take over Bitfarms by the mining giant Riot has been ongoing

⚖️ Court dismisses lawsuit against Musk for manipulating DOGE price via tweets on social media

🚀 Elon Musk and Tesla were accused of insider trading and manipulating the price of the coin
$DOGE

📺 Investors claimed that the billionaire used Twitter and his appearance on #NBC's 'Saturday Night Live' in 2021 to influence the price of #DOGE .

🔹 Ethereum-ETFs returned to the green zone

For the first time in several weeks Ethereum-ETFs showed a positive inflow at the end of the trading day: +$5.8 million. The outflow from Grayscale fund fell to $3.8 million, which allowed to get into the plus zone.
$ETH
At the same time, bitcoin-ETFs, on the contrary, went into minus. At the end of the trading day, the outflow exceeded $105 million.

Institutional investors are not too active yet

💎$Blum

I've talked a lot about this project, and I hope everyone benefits from it. There's still time—it’s early days. Just look at the success of Dogs and Not🔥 some people have made over $3,000.

Every 8 hours, you can log in, click on Farm, and complete a few easy tasks 🙌

Use the QR Code to get more points.

📍This is a hybrid platform that provides easy access to all currencies and tokens, via a mini-app on Telegram ✉️, and they had a meeting with Alex from Binance Lab.

🤌🏼 It's only a matter of time.

🛍 The founder of TRON, Justin Sun, announced that the platform for launching meme tokens, SunPump, has reduced fees by 50% and plans to do so in the future.

Sun noted that SunPump’s revenues were “higher than expected,” and therefore, the SUN community intends to conduct a token burn. More details will be provided later.

Be ready every one
The giant is Coming 🐹

⚡️ Sources say Pavel Durov has been released!

Waiting for official confirmation!

✔️ The investigating judge has ended Pavel Durov's detention by the police for the purpose of preliminary questioning and possible indictment.

📈Bitcoin Greed and Fear Index

Today: $58K Fear

Yesterday: $59K Neutral

Last week: $61K Panic

Last month: Greed ($64K average)

Investor psychology is an interesting thing.

#bitcoin #fear #trading #BTC

📈 Stablecoin Capitalization Reaches All-Time Highs

Total Market Cap

Reaches $168 Billion🔥

Interestingly, this figure has been growing for

11 consecutive months 🚀

🚨🇦🇪UAE DEMANDS FRANCE PROVIDE CONSULAR ACCESS TO TELEGRAM CEO

"The UAE is closely following the case of its citizen Pavel Durov, founder of Telegram, who was arrested by the French authorities in Paris–Le Bourget Airport, emphasizing that the UAE has submitted a request to the Government of the French Republic to provide him with all the necessary consular services in an urgent manner."

🪙 Sharp drop in commission volume on Solana

Total commission volume on Solana has dropped to $639,000 per day, down 65% from this month’s high of $1.83 million and 87% from its all-time high of $5.08 million in March.

📉 Experts have noted a decline in user activity, especially for meme tokens on Solana. This is largely due to the emergence of a strong competitor, Tron.