Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions. Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned those reserves into profit, generating more than $10 billion in interest income so far in 2025, which is uncommon for a typical crypto issuer. It exercises policy-style levers by freezing sanctioned wallets, shifting supported blockchains and allocating up to 15% of profits to Bitcoin. Read more
ZEC has reached its most overbought reading on record, increasing the risk of a sharp 60% or more correction in the coming weeks. Key takeaways: ZEC is extremely overbought on the charts, risking a correction in the coming weeks. Zcash can still rally toward $900–$1,000 if the parabolic advance holds. Read more
Several XRP ETFs appear on DTCC ahead of potential launches, as the token rallies following US Senate deal to end the longest-ever US government shutdown. Excitement in the crypto community is growing over the potential launch of XRP funds, as the US Senate advances a deal aimed at ending the longest-ever government shutdown. The Senate reportedly reached a deal on a budget bill to end the government shutdown on Sunday, sending a bullish signal to numerous markets, including crypto. The XRP (XRP) community is anticipating multiple XRP exchange-traded funds (ETFs) to launch shortly, with several already appearing on the Depository Trust and Clearing Corporation (DTCC) website ahead of a possible launch this month. Read more
The potential end of the 40-day US government shutdown is decreasing “financial uncertainty” among investors, leading to growing institutional crypto accumulation. Institutional demand for digital assets saw a significant uptick as investors digested news about the US Senate reaching a much-awaited deal that could soon end the 40-day government shutdown. On Sunday, the US Senate advanced a procedural vote to end the government shutdown, with the final post-cloture vote expected to occur on Monday, according to the Senate’s schedule. Cryptocurrency markets saw a rebound after the report. The Starknet (STRK) token rose over 43% as the day’s biggest winner, followed by the Trump-backed World Liberty Financial (WLFI) token, up 28% over the past 24 hours, according to CoinMarketCap data. Read more