S&P Global last Wednesday slashed its rating on Tether’s USDT stablecoin to its weakest score.
‘We Wear Your Loathing With Pride’: Tether’s Downgrade at S&P Sparks Online Battle
S&P Global last Wednesday slashed its rating on Tether's USDT stablecoin to its weakest score.
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Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.
Following last week's big swoon, crypto markets returned to tracking gains in stocks and gold.
XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
BitMine disclosed holdings of 2.4 million ETH and raised $365 million in a premium stock sale, highlighting investor demand for ether exposure through public markets.