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European fintech Revolut to delist Tether (USDT) by August 31 amid new EU crypto rules

Market News
04 Jul 2026
UToday
View Source
Bearish
European fintech Revolut to delist Tether (USDT) by August 31 amid new EU crypto rules

Revolut, a major European fintech platform, will stop supporting Tether (USDT) stablecoin by August 31, 2026. Users can buy USDT until July 6 and deposit until July 30, but after August 31, remaining USDT balances will convert to fiat currency. This move follows the EU's Markets in Crypto-Assets (MiCA) regulation, which requires crypto firms to have licenses or cease operations, restricting USDT due to lack of necessary authorizations. The delisting reflects broader regulatory changes impacting crypto services across Europe.

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Binance sees largest TRX inflow in 99 days, but price stays steady near $0.3357 amid mixed signals.

Binance sees largest TRX inflow in 99 days, but price stays steady near $0.3357 amid mixed signals.

On October 1, Binance recorded the largest daily net inflow of TRX in 99 days, with +79.8 million TRX deposited, significantly above the 30-day average. Despite this spike, the net inflow was driven by a single day rather than a sustained trend, and ...

Technical Signals
Neutral
4 hours ago
Ether price rise triggers $10.5M in short-position liquidations on major exchanges

Ether price rise triggers $10.5M in short-position liquidations on major exchanges

Ether (ETH) experienced $10.5 million in short-position liquidations within one hour ending at 6:26 p.m. ET on October 4, as its price increased by 1.04% from $2,705 to $2,733. These liquidations occurred across Binance, Bybit, and OKX exchanges, wit...

Market News
Bullish
4 hours ago
Bitcoin rises 0.59% as $13.96M in short positions liquidate on major exchanges

Bitcoin rises 0.59% as $13.96M in short positions liquidate on major exchanges

Bitcoin's price increased by 0.59% within an hour on October 5, moving from $86,052 to $86,564. During this period, $13.96 million in short positions were liquidated across Binance, Bybit, and OKX, while only $10,000 in long positions were liquidated...

Market News
Bullish
4 hours ago
Binance liquidates $2.56M Bitcoin short at $86,567 on perpetual futures market

Binance liquidates $2.56M Bitcoin short at $86,567 on perpetual futures market

Binance liquidated a single Bitcoin short position worth $2.56 million on its perpetual futures market at a price of $86,567. This liquidation occurred on October 4 at 6:16 p.m. ET and involved closing a short trade, which profits from price declines...

Market News
Neutral
4 hours ago
Schneider Electric nears $20B deal to buy US software firm PTC, announcement possible Monday

Schneider Electric nears $20B deal to buy US software firm PTC, announcement possible Monday

France's Schneider Electric is close to acquiring US software company PTC for about $20 billion, according to the Financial Times. The deal could be announced as soon as Monday, though discussions are still ongoing and not guaranteed. PTC, based in B...

Company Fundamentals
Bullish
4 hours ago
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