Ayesha Azeem

When it comes to cryptocurrency liquidity, Tether’s USDT has long been at the top. While USDT is losing ground to USDC and FDUSD on Circle and Binance. Respectively, on-chain tools have noted a change in trading preferences. Circle, Tether’s main rival, is lagging on USDT. Even now, the USDC stablecoin lags behind the market leader by about $100 billion.

USDC and FDUSD Growth Post-MiCA Legislation

There was a $954 million spike in the supply of USDC in just the last month. Alcoin news Over the same period, the supply rose at a faster rate than. $USDT, which only grew by $792M. According to analysts. USDC might have benefitted from the MiCA legislation that went into full force across Europe on December 30, 2024.

Additionally, FDUSD is thriving, accounting for an astounding 48% of Binance’s trading activity in BTC pairs. Since USDT was in charge of 42% of BTC trading, it has USDC lost ground to another stablecoin in this trading sub-category. Analysts at CryptoQuant think that the increased trading activity. FDUSD shows that the token is becoming more reputable as a reliable, USD-pegged cryptocurrency.

Tether’s Shift to El Salvador

MiCA, which stands for Markets in Crypto-Assets (MiCA). A regulation supported by a comprehensive framework established by the European Union to regulate cryptocurrencies, including stablecoins, to ensure financial stability and consumer protection. The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) oversee compliance with MiCA.

MiCA was proposed in 2020 and has been gradually implemented, but full compliance was required by the end of 2024. MiCA’s purpose is to replace fragmented national regulations with a single EU-wide framework that will impact all stablecoin issuers operating in the European region. Tether appears to be making changes to its company. On Monday, it announced its registration in El Salvador. The announcement also added that the company will migrate.

MiCA Regulation and Tether’s Move

Stablecoins and other cryptocurrencies are subject to regulation under the Markets in Crypto-Assets (MiCA) framework, which the European Union put in place to safeguard investors and consumers. USDC The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) are in charge of making sure that MiCA is followed.
Full compliance was mandated by the end of 2024, despite MiCA’s progressive implementation from 2020. A unified EU-wide framework will affect all stablecoin issuers in the European region since MiCA aims to replace fragmented national rules. It would appear that Tether is undergoing some organizational adjustments.

Summary

USDC and FDUSD are gaining ground on Tether’s USDT, which has been a leader in cryptocurrency liquidity for a long time. USDC’s supply has increased by $954 million in the past month, Alcoin News, whereas USDT’s growth was $792 million. The complete implementation of the MiCA legislation in Europe is being credited by analysts as the reason for USDC’s growth in popularity. Furthermore, FDUSD is becoming more popular, particularly.

Binance, where it takes up 48% of BTC trading pairings, surpassing USDT’s 42%.Tether has moved its operations from the British Virgin Islands to the crypto-friendly country of El Salvador in response to regulatory changes.USDC All stablecoin issuers in the European Union are subject to MiCA’s efforts to establish a uniform framework for cryptocurrency regulation, which went into full force on December 30, 2024.

In the face of allegations of unethical behavior and criticism of Charlie Lee’s past, the Litecoin development team has vigorously defended LTC and its inventor. The remark followed a user’s assertion that Charlie Lee’s actions and the rise of Litecoin constituted an early instance of a pump-and-dump operation. Litecoin Foundation The individual contrasted the project poorly to Solana’s, alleging that.

Charlie Lee’s Litecoin Controversy

Charlie Lee started Litecoin, set aside a considerable quantity of supply for himself, and then sold it at the height of the 2017 bull run. The comment said that Solana should be given more credit for his services to the cryptocurrency community and accused the founder of Litecoin of exploiting the initiative for his benefit.

In response, the Litecoin team issued a detailed refutation, defending the project’s transparency, decentralization, and longevity since its inception in 2011. The team noted that Charlie Lee publicly announced Litecoin ahead of its launch, allowing the community to determine the launch date. Unlike many modern projects, Litecoin had no pre-mined supply, no initial coin offering (ICO), and no venture capital funding.

Lee’s Litecoin Support

Charlie Lee, like other participants, mined and purchased Litecoin and did not maintain a founder stash. He later sold his holdings in 2017 to avoid a conflict of interest while continuing to develop and defend the project. Contrary to claims, the team noted that Lee sold his Litecoin at an average price of $205, below the peak of the 2017 bull market.

The response detailed Charlie Lee’s ongoing financial and technical support for Litecoin. He has invested millions in Litecoin through the Litecoin Foundation and partnerships. He has sponsored commercial efforts including collaborations with the Miami Dolphins, UF, C, and others. It holds its annual Litecoin Summit, spending $250,000 and above per event. He actively contributed to Litecoin’s core programming and advocated its adoption among businesses and regulators.

Litecoin’s Enduring Strength

Litecoin’s decentralization, lack of founder-controlled reserves, and lack of venture capital involvement make it distinct, the developers said, rejecting parallels to Solana and other initiatives. Litecoin Foundation Despite market instability and the failure of thousands of other projects, they pointed out that Litecoin has continuously maintained its position.

The top 25 cryptocurrencies by market capitalization for more than 13 years. As they concluded, the group questioned Solana’s. They questioned Solana’s sustainability and reliability, pointing out how many modern projects fail to demonstrate the same level of transparency, longevity, and trustworthiness that Litecoin has upheld since its launch in 2011.

Summary

The Litecoin development team has defended both Litecoin and its creator, Charlie Lee, against allegations of unethical behavior and comparisons to other projects like Solana. Critics accused Lee of exploiting Litecoin for personal gain by selling his holdings during the 2017 bull run. The team refuted these claims, emphasizing Litecoin’s transparency, lack of pre-mined supply, and decentralized nature since its 2011 inception.

They clarified that Lee sold his holdings to avoid conflicts of interest, not at the market peak, and has since invested millions in Litecoin through development, partnerships, and advocacy efforts. Litecoin Foundation Highlighting Litecoin’s resilience, they noted its continuous presence in the top 25 cryptocurrencies for over 13 years, contrasting it with newer projects like Solana, whose sustainability remains questionable.

A forthcoming meme coin called Pippin (PIPPIN) is creating a lot of noise with its outstanding performance, even though the overall cryptocurrency markets have recently seen corrections. Altcoins Its success isn’t the only thing drawing interest from investors and traders it’s also becoming popular with whales.

Whale Invests Amid Price Surge

The X platform had an unusual piece from crypto expert AI Yi on January 10. Statistics show that whales spent $1.324 million on Pippin at $0.2297 per token. Statistics show this wallet address’s first Pippin purchase. The USDT-using whale is still buying. Traders have USD 4.66 million in their wallets. The whale’s risky move matches the secretive. The price of pippin has been rising for a time. This signals major investors have entered the asset.

This shows that smart whales are actively attempting to profit from altcoins like Pippin as well as main cryptocurrencies. The enormous influx of wealth from whales into cryptocurrencies usually drives prices up as other investors and traders join in. The trader bought more cryptocurrency at a higher price even if its price is rising.

Pippin Reaches meme coin

Pippin is now selling for $0.2311, a 149.7 percent increase from yesterday. Its seven-day gain of 2,266.70% is more than double the digital asset market’s current decline of 5.50%. Altcoins Pippin hit a new all-time high of $0.2432 on January 10, 2025, when this article was published. Presently, the price is 11.56% lower than its highest point ever. In the expectation that prices will keep going up, maybe some investors will back this decision. 

The 155.00% rise in trading volume over the past 24 hours indicates a significant uptick in market activity. Additionally, the token’s market value soared, increasing by 147.19% in just one day. Among all cryptocurrencies, its current market valuation of $221.35 million places it at 291. Pippin, as reported by Coingecko, is a meme coin that came up about a month ago.

Pippin Leads Meme Coin Market Attracts Whales

As big crypto holders build up activity across the board, Pippin is currently leading headlines and seeing higher popularity than other meme coins. Pippin’s impressive performance shows that it is supported by a strong community and is attracting whale interest. Its incredible run signifies that the meme coin market shows no indicators of slowing down as savvy traders are always excited to come in

Pippin is gaining attention as it outperforms other meme coins, is supported by a strong community, and attracting whale interest. Its impressive performance highlights continued excitement in the meme coin market, with savvy traders seizing opportunities. This suggests the market shows no signs of slowing down anytime soon.

Summary

A new meme coin called Pippin (PIPPIN) is making waves thanks to its remarkable performance, even in the face of recent market declines. Altcoins The news that a whale has invested $1.324 million in Pippin, as revealed by crypto analyst AI Yi on January 10th, indicates that interest from huge investors is on the rise. The price of the coin has risen to a new record high of $0.2432, a 149.7 percent increase in just 24 hours. With a significant increase in both trading volume and market value.