Tether-backed stablecoin USDT is relaunching on the Bitcoin blockchain after 12 years through Utexo, combining Bitcoin's security with Lightning Network speed and RGB privacy. This move aims to make Bitcoin a settlement rail for dollar transactions, supported by a $7.5 million seed round co-led by Tether. The relaunch coincides with weak US labor data, regulatory reforms proposed by the SEC and CFTC, and the Nasdaq listing of XRPN, signaling strong institutional interest and strategic accumulation in crypto markets. Market watchers expect Bitcoin to test new highs near $95,000 and $100,000 amid these developments.
As of Oct 02, 2026 20:32 WIB, Bitcoin trades at Rp1.550.000.000 on Pluang with a 1-day gain of 3.29%. Tether's USDT is priced at Rp17.860, down 0.51% in the same period. Pluang users show a buying preference with 59% buy orders for both BTC and USDT, indicating steady interest in these assets amid the relaunch news.
Bitcoin's price dropped to around $80,494, down 1.26%, alongside a 14.11% decline in trading volume, indicating weaker market participation. Despite increased network activity and a slight rise in Bitcoin's market dominance, sentiment remained neutra...
On October 24, 2026, Bitcoin's dollar-margin long position share increased by 2.34 percentage points to 63.03%, indicating growing investor confidence. Conversely, Ethereum saw a significant drop in its dollar-margin long account share by 2.13 percen...
Prediction markets show a decline in the odds for Bitcoin and Ethereum reaching their year-end price targets, with Bitcoin's chance of hitting $100,000 dropping to 22% and Ethereum's chance of reaching $3,500 falling to 15%. XRP's probability of reac...
Bitcoin dropped below its 50-day moving average for the first time since August, falling to around $80,698. This break was triggered by geopolitical concerns after President Trump hinted at a possible operation against Iran, which, along with rising ...
NEAR Protocol (NEAR) experienced the largest 24-hour decline among major cryptocurrencies, falling 8.93% to $4.47. Other notable drops included Bitcoin down 1.28% to $80,495, Ether down 1.38% to $2,360.57, and XRP down 3.45% to $1.28. These declines ...
