🚀 Tether's USDT is on fire! According to CryptoQuant, TRON saw a record-breaking $424 billion in USDT transfers in September 2024, marking a 25% increase from last year. 📈 Since its 2019 integration, USDT's popularity on TRON has skyrocketed, with 330 million on-chain wallets and a 9% average user growth per quarter.
TRON isn't alone in the spotlight; Ethereum's layer-2 networks like Polygon and Arbitrum are also gaining traction. With a $119 billion market cap, USDT remains the king of stablecoins. Exciting times ahead for crypto enthusiasts! 🌐 #Crypto #Blockchain #USDT #TRON
🚀 Tether's USDT is on fire! 🔥 According to CryptoQuant, TRON saw a whopping $424 billion in USDT transfers in September 2024, smashing all previous records.
Since its 2019 debut on TRON, USDT has skyrocketed from $73M to $304B in transfers last year. Now, it's up another 25%! Tether's market cap stands tall at $119.94B, making it the king of stablecoins.
With 330M on-chain wallets, USDT's adoption is booming. TRON leads the pack, but Ethereum's layer-2s like Polygon and Arbitrum are hot on its heels.
What do you think about this explosive growth? Drop your thoughts below! 💬
🚨🚨𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗳𝗿𝗼𝗺 𝗙𝗖𝗔'𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗶𝗻𝘁𝗼 𝗧𝗶𝗸𝗧𝗼𝗸'𝘀 𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆:🚨🚨
1. FCA Investigation: The UK Financial Conduct Authority (FCA) is investigating TikTok over concerns that its virtual currency, TikTok Coins, could be used for money laundering.
2. Regulatory Bypass: The FCA warned that TikTok’s system may bypass regulations designed to prevent money laundering and the financing of terrorism.
3. Potential Unlicensed Operation: A compliance consultant suggested that TikTok could be operating as an unlicensed cryptocurrency platform.
4. Transaction Process: Users buy TikTok Coins, gift them to content creators, who can convert them into "diamonds" and later exchange them for fiat currency, raising concerns about anonymous transactions.
5. Possible FCA Audit: The FCA may audit TikTok’s financial operations to ensure compliance with laws governing digital currencies and remittance services.
6. Global Scrutiny: TikTok is facing investigations in Australia, and the United States has banned its use on government devices due to privacy concerns.
💬 Discussion: Should social media platforms be allowed to operate their own virtual currencies? Share your thoughts!
#MemeCoinTrending #TeslaTransferBTC #BTCSoarsTo68K #BinanceLabsInvestsLombard #BNBRisesTo600
#RoadToSmartCon
Chainlink Build member @UltimateDigits has integrated Chainlink CCIP across @arbitrum, @base, @BNBCHAIN, @ethereum, @MetisL2, and @0xPolygon.
See how CCIP enhances Ultimate Digits' virtual number NFTs with cross-chain capabilities ⬇️
https://mirror.xyz/0x706903978e3010ede4BC9D1D523e519Ce81B1f49/vdmDY6qCciqHIgypT38ux-er4SmQ62zokjTaGVqKFtA?referrerAddress=0xb0D92ecaBF7d4dB55F0ADeb1233f0CB8A4B8917
**Crypto Clash in Massachusetts: Warren vs. Deaton**
- Massachusetts Senator Elizabeth Warren and lawyer John Deaton squared off in a heated debate, with crypto taking center stage.
- Warren accused Deaton of being a crypto puppet, claiming 80% of his wealth and 90% of his campaign funding come from the industry.
- Deaton fired back, highlighting Warren's cozy ties with SEC Chair Gary Gensler.
- Warren's anti-crypto stance remains strong, linking digital assets to crime.
- Deaton, backed by crypto heavyweights like the Winklevoss twins, continues to champion the industry. 🪙
Stay tuned, folks! This election could be a referendum on crypto policy!
🚀 Crypto Clash in Massachusetts! 🚀
In a fiery debate, Senator Elizabeth Warren and lawyer John Deaton squared off over crypto policies ahead of the November election. Warren, a vocal crypto critic, linked digital assets to "drug cartels" and "terrorists," while Deaton defended his pro-crypto stance.
🔹 Warren: "80% of Deaton’s wealth is in crypto. That's corruption!"
🔹 Deaton: "Warren's cozy with SEC's Gensler!"
With early voting starting Oct. 19, Massachusetts voters face a referendum on crypto policy. Who do you think won the debate? Share your thoughts below! 💬
#CryptoDebate #Election2023
**Crypto Clash in Massachusetts Senate Debate**
In a heated debate on Oct. 17, Massachusetts Senator Elizabeth Warren and lawyer John Deaton sparred over cryptocurrency policies. Warren criticized Deaton for his deep ties to the crypto industry, alleging that 80% of his wealth and 90% of his campaign funding are crypto-related. She argued this compromises his loyalty to voters.
Deaton, defending his stance, accused Warren of colluding with SEC Chair Gary Gensler. He highlighted his pro-bono work for XRP holders, which Warren dismissed as insignificant.
With early voting starting Oct. 19, Warren leads by 20 points in polls. The debate underscores the growing political divide over crypto regulation.
This Week in Meme Coins: $HOPPY Forms New ATH, $BOME, $RETARDIO Rally Over 50%
✨ Hoppy surges 94% to a new ATH of $0.0002896, with continued growth depending on whether holders sell or hold.
✨ Retardio nears its ATH of $0.20 after an 88% rally, with support at $0.14 if sentiment shifts and a potential retracement follows.
✨ Book of Meme trades at $0.0099, nearing $0.0111 resistance, with sideways movement expected unless a breakout pushes it to $0.0127.
(Don't forget to LIKE and FOLLOW for more updates)
🚨Market update on ETH 🚀
$ETH is currently trading below a significant resistance zone between $2650 and $2800. A breakout above this level could open the path towards the $3500 target zone. Especially as $BTC is bullish
However, here’s what happened with the other hot cryptocurrencies below👇
$BNB continues to rise, gaining +1.36%, now at $600
#NEIRO is down -2.21%, trading at $0.00195687, showing a potential correction after previous gains.
#PEPE continues to rise, gaining +2.37%, now at $0.00001037, confirming its status as a trending token.
#SOL has gained +0.53%, priced at $153.54, reflecting a stable upward movement.
#SUI continues to rise, gaining +2.28%