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.
Social sentiment for Ethereum (ETH) and Ripple's XRP has dropped to its lowest levels since mid-2026, with XRP's bullish-to-bearish commentary ratio falling to 0.67 and ETH's to 0.89. This sharp decline in positive sentiment suggests traders are incr...
On October 2, Bitcoin's price dropped below $87,000 to $86,676 in spot trading, marking a $369 decline within 15 minutes. Despite this dip, Bitcoin showed a slight gain of 0.18% compared to an hour earlier. The price movement was observed on Binance'...
On October 2, 2026, Shiba Inu (SHIB) price increased by 3.13%, closely following gains in major cryptocurrencies like Bitcoin and Solana. Despite 17,271 SHIB tokens being burned that day, the amount was negligible compared to the total supply, making...
Bitcoin's price climbed about 13% from roughly $75,600 to $85,950 following the Federal Reserve's interest rate hike to a 3.75%-4% range on Sept. 16, despite President Trump's public criticism of the decision. Trump argued the hike was unnecessary gi...
Bitcoin surged past $85,000 on October 2 before the U.S. September employment report release, fueled by short position liquidations and a softer dollar. However, this rally's sustainability depends on whether new long-term buyers emerge after forced ...
