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Author: CryptoPress

Tether CEO Dispels Rumors of Bitcoin for Gold Sale

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Tether CEO Paolo Ardoino has strongly refuted recent rumors suggesting the stablecoin issuer was offloading its Bitcoin reserves in favor of gold. On September 7, 2025, Ardoino took to X (formerly Twitter) to clarify Tether’s asset strategy, directly addressing market speculation that had begun to circulate. The claims implied a significant pivot in Tether’s reserve composition, signaling a strategic move away from the leading...

Breaking, News

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Ether ETFs Record Nearly $788 Million in Weekly Outflows, Driven by Grayscale’s ETHE

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Ether exchange-traded funds (ETFs) registered substantial outflows totaling $787.9 million over the past week, reflecting a persistent cautious sentiment among investors. This significant withdrawal marks a notable period of capital flight from Ether-linked investment products. Data from Farside Investors reveals that Grayscale’s Ethereum Trust (ETHE) was the primary contributor to these outflows, accounting for the vast majority of...

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What is Helium

What is Helium?

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Helium is a decentralized wireless network powered by blockchain technology, focusing on IoT and mobile connectivity. Users deploy Hotspots to provide coverage and earn HNT tokens for participation. The network addresses real-world problems by challenging telecom monopolies with community-owned infrastructure. HNT serves as the native cryptocurrency, used for governance, incentives, and burning to create Data Credits for network...

DePIN, Main

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Crypto Market Analysis: Bitcoin, Ether, and Tariff Impacts

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Powell’s Jackson Hole Speech Ignites Crypto Rally Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole Symposium on August 22, 2025, sparked a significant rally in the crypto market, with Ether surging 15% to a new all-time high of $4,885, surpassing its 2021 record of $4,866.01. Powell’s indication of potential interest rate cuts in September shifted investor sentiment to a risk-on mode, boosting cryptocurrencies as...

Bitcoin, Crypto market, Ethereum

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Bitcoin Stabilizes Above $110K as Ether Eyes $5K in Sudden Market Recovery

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Bitcoin holds at $111,733: The leading cryptocurrency stabilizes after dipping to $110,531, with reduced liquidations signaling a pause in downward pressure. Ether rebounds to $4,598: ETH recovers from $4,431 low, eyeing a test of $5,000 as institutional inflows and market rotation drive bullish momentum. ETH outperforms BTC by 20%: Over the past 30 days, Ether gains amid shifting capital flows, while Bitcoin faces $940 million in...

Bitcoin, Breaking, Ethereum, News

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