NEWS DIGEST – 24.09.2025 πΒ
1) π° Tether plans $15β20B raise to hit $500B valuation
Tether (USDT issuer) is in early talks to raise $15β20 billion via private placement, which could value the company at $500B. The deal would sell only ~3% of the company. Cantor Fitzgerald is leading advisory. Β
Why it matters: Tether dominating stablecoin exposure already has huge systemic importance. If this goes through, it solidifies its financial power, allows further expansion (e.g. via USAT, Acquisitions), and raises questions about concentration risk.
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2) π Bitcoin, ETH, XRP recover after Monday dump
After the brutal Monday liquidation wave, cryptos are clawing back: Bitcoin up ~0.4% to ~$113,161, XRP +1.7%, ETH +0.3%, Solana slightly down. Β
Why it matters: The bounce suggests buyers stepping in at lower levels. This isnβt a βsafeβ reversal yet β monitor whether relief holds or reverses back into fresh downside.
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3) π¨ $1.5B in cryptos liquidated in massive sell-off
Markets saw their largest derivatives unwind of the year: over $1.5B in long positions liquidated. Bitcoin dipped to ~$111,000 before recovering above $113,000; Ethereum plunged ~9% before stabilizing. Other altcoins (FLOKI, DOGE, Worldcoin) saw deep losses. Β
Why it matters: Leverage risk is hitting hard. These flushes often reset structural support/resistance zones. When the smoke clears, directional conviction returns.
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4) ποΈ USβUK announce joint task force to harmonize crypto rules
During President Trumpβs UK visit, U.S. and UK governments launched the Transatlantic Taskforce for Markets of the Future to reduce regulatory barriers, fund cross-border infrastructure, and align crypto rules. Report expected in ~180 days. Β
Why it matters: One of few high-level moves toward international regulatory coordination. Crypto firms and exchanges that operate across both markets may benefit most. But execution and legislative follow-through will matter more than announcements.