Tether mints $1 billion in USDT on Tron. The 450m Stablecoin Supply sent to HTX will reach $67.3 billion. It’s a vulnerable signal for the crypto market.
Bitcoin’s eyes are a $91,000 breakout amid rising demand. Ethereum Drawer Tips Altseason 2025 may be closer than expected.
Major Stablecoins publisher Tether planted 1 billion USDT on the Tron (TRX) network on Saturday, April 12th. According to Tether CEO Paolo Ardoino, 1 billion mint is not a certified but issued transaction.
The growing confidence in Bitcoin as a long-term investment suggests that an imminent bullish breakout is ahead. Changpeng Zhao, co-founder of Binance, believes BTC will reach $1 million catalyzed by Nation-States.
From a technical analysis perspective, BTC prices form a potential falling wedge for GA. This suggests a breakout to the next target of 86K-91K. However, a retrace of less than $80,000 will slow bullish feelings in the short term.
when?
Amidst an increase in the supply of Stablecoins, demand for Altcoin has gradually increased over the past week. According to on-chain data, the 453K Ethereum (ETH) unit was withdrawn from the crypto exchange last week.
Cryptoquant’s market data shows 30-day trading volume for each Stablecoins pair, with Altcoins trading volumes below the annual average.
As investors see the trade war unfolding between China and the US, the rise in demand for Bitcoin alongside gold clearly shows that the expected AltSeason 2025 is much closer.