(Reuters) -Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets. Habbel, who served as CEO of private equity firm Limestone Capital and held senior roles at Google, will oversee Tether's growth strategy, finance, investment and portfolio expansion. The company said he will also work with its existing portfolio, which spans sectors including artificial intelligence, telecommunications, b ...

🚨🆙 Active loans of @Tether_to's USDT stablecoin on @aave are up by ~170% since the start of the year.Aave is growing into a hub for stablecoin liquidity. https://t.co/LHywTWFUj9 ...

Core Insights - Cantor Fitzgerald launched the Cantor Fitzgerald Gold Protected Bitcoin Fund to provide investors with exposure to Bitcoin while offering downside protection through gold [1][2] - The fund aims to minimize short-term volatility and reduce correlation spikes, allowing investors to benefit from Bitcoin's long-term upward trend [1] - The strategy is designed to capture Bitcoin's growth while using gold as a safety net during market declines [1] Bitcoin Market Overview - Bitcoin is currently trading at approximately $112,182, reflecting a 1% increase over the past 24 hours and over 20% year-to-date [3] - Despite recent gains, Bitcoin has experienced a nearly 9% decline since reaching an all-time high of $124,128 last month [3] - Experts suggest that the approval of spot Bitcoin ETFs may lead to reduced volatility for the asset [4] Gold Market Context - Gold reached a new high of nearly $3,680 per ounce, up more than 37% year-to-date, driven by concerns about the U.S. economy and inflation [5] - Gold is traditionally viewed as a safe haven asset, particularly during times of economic uncertainty [5] Cantor Fitzgerald's Position - Cantor Fitzgerald has been a strong supporter of Bitcoin and is involved in custody services for Tether's USDT stablecoin [6] - The firm has a significant presence in the cryptocurrency space, including a $2 billion Bitcoin lending business [5]

RT Token Terminal 📊 (@tokenterminal)TRON might be the 1st successful implementation of an appchain?Appchain being defined as 1 app or use case (@Tether_to & USDT stablecoin) being responsible for most of the chain's economic activity. ...

TRON might be the 1st successful implementation of an appchain?Appchain being defined as 1 app or use case (@Tether_to & USDT stablecoin) being responsible for most of the chain's economic activity.Token Terminal 📊 (@tokenterminal):Applications on @ethereum host ~$330 billion in user assets.Applications on @trondao and @solana host ~$82 billion and ~$34 billion, respectively.Ecosystem TVL: sum of funds deposited into the applications on the chain. https://t.co/Uc4mhkapuy ...