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Tether is a cryptocurrency that is backed by the U.S. dollar. It is a digital asset that is designed to be a stable coin, meaning it is designed to hold its value at a 1:1 ratio to the U.S. dollar. It was created in 2015 and has become one of the most popular cryptocurrencies in the world. Tether is used to buy and sell cryptocurrencies on many exchanges. It is used to facilitate trading between different cryptocurrencies, and has become an important part of the cryptocurrency ecosystem.
Tether and Rumble are making a significant move into the AI sector with a $1.17 billion acquisition of Northern Data. This strategic investment underscores their commitment to leveraging advanced technology in driving future growth.
Bitcoin nears ATH, ETH hits highs since 2021. ETH leads majors, 71% odds it hits $5k in 2025. BlackRock has no plans for XRP or SOL ETF. Harvard bought $117m BTC ETF. Bo Hines to step down and move to private sector. WLFI plans $1.5b fundraising for crypto vehicle. China asks brokers to stop promoting stablecoins. Coinbase intros DEX trading on app. Rumble to acquire Northern Data with Tether backing. LayerZero proposes $110m Stargate buyout. CrediX team vanishes after $4.5m exploit. Top miner CleanSpark faces $185m tariffs. MiCAR-compliant crypto fundraising live in Europe. USDe hits $10bn TVL, ENA leads alts. HYPE nears ATH again, continues to dominates fees. CEA Industries buys $160m BNB.