Paolo Ardoino, CEO of Tether, a stablecoin issuer, released data on the X platform stating that the market value of USDT has reached a record high of $147 billion. It is worth mentioning that just about 19 hours ago, the market value of USDT reached $146 billion.
The main large order can be combined with the position difference indicator to judge the main force to open and close the position. Open PRO members can follow the main trading operations in time
This week, the sentiment in the cryptocurrency market has rebounded, but analysts have warned that weak market liquidity and structural issues may still trigger price fluctuations, especially during periods of reduced trading volume, when the cryptocurrency market is still vulnerable to sudden macroeconomic news. Aurelie Barthhere, Chief Research Analyst at Nansen, stated that cryptocurrency investors may have "reached the limit of concerns related to tariffs," with a 70% probability of the market bottoming out in the next two months, but it could also provide support for the next phase of the 2025 market cycle.
1Confirmation founder Nick Tomaino said in an article on the X platform that he had recently communicated with Ethereum Co founder Vitalik Buterin: Ethereum Foundation is committed to building a credible and neutral infrastructure for developers, but so far the largest group that focuses on Ethereum is ETH investors, and it is important for Ethereum Foundation to pay more attention to this group. Vitalik Buterin agreed and pointed out that ETH is a credible and neutral value storage tool that is native to the Internet.
Nick Tomaino added that Vitalik Buterin is not averse to business and capitalism, he is just a unique person who does not pursue money and attention like others.
