Tether's CEO Refutes Claims of Bitcoin Liquidation for Gold Purchase
Paolo Ardoino, the CEO of Tether, states that the company has not sold any Bitcoin, countering recent suggestions.

Paolo Ardoino, the CEO of Tether, states that the company has not sold any Bitcoin, countering recent suggestions.
The altcoin scene is heating up, with DOGE and SUI taking the lead as signs of revitalization appear in the memecoin sector.
MicroStrategy has increased its Bitcoin reserves by purchasing 1,955 BTC for $217 million, amidst significant pressure from investors.
A look ahead at the expected movements in the crypto markets as Bitcoin demonstrates bullish patterns and various altcoins thrive.
The design firm, now a player in digital assets, has received substantial backing to launch its Solana treasury, causing a significant jump in its stock price.
The cryptocurrency XLM has shown resilience and growth, backed by institutional investments and strategic corporate actions.

XRP is facing resistance around $2.90-$2.92, with traders watching closely for a break above this level, which could lead to potential targets of $3.00 to $3.30.
A recent report indicates that despite high bitcoin treasury holdings, institutional purchase sizes are decreasing significantly.
Sergey Nazarov expressed optimism about the direction of asset tokenization following his discussion with SEC Chairman Paul Atkins.
Despite a decline from recent highs, Bitcoin's illiquid supply continues to increase, highlighting long-term holder confidence.
August's job additions were only 22,000, way off expectations, fueling chances of a Fed rate cut. Nevertheless, Bitcoin persists under $112K.
The crypto analytics firm Santiment highlights Bitcoin, Ethereum, Dogecoin, Tether, and MultiversX as the top trending coins in online conversations for the week.

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