Latest news with #CIFDAQ
Time Business News
16-07-2025
- Business
- Time Business News
How Tether Is Dominating Emerging Markets in 2025
By 2025, digital currency is not just futuristic; some people in developing countries are even using it on a daily basis. One name that keeps on coming up is the Tether token. From African shopkeepers to Southeast Asian freelancers, an increasing number of people are now utilizing Tether to move money, earn payment, and safeguard their savings. But why? Why are Tether and this region so popular? A lot of people in emerging markets deal with inflation, depreciation, and banking problems. In some places local currency loses value very quickly, thereby making it difficult to save and plan for the future. Unlike the local currency, Tether is tied to the US dollar, hence its value stays stable for the holders of Tether. For those in countries where their money can go crashing next week, holding Tether feels solid, giving them a sense of security. Among the reasons for Tether's rapid expansion is that it is easy to use. Nothing is required: no bank account, no paper work. You just require a phone and a digital wallet. People use it to pay online, send money to family back home, or get paid for freelance work. It is fast, cheap, and gives service when the conventional banks do not. Earlier, there were some who doubted digital money. But the grim days are passing by. Since 2025, with the widespread use of smartphones in the hands of the general masses, they are more connected than ever. Tether has come to be accepted as a name for digital payments: the one that is trusted, the one that is reliable, and the one that is easy to understand. This trust has grown in regions where traditional banks have miserably failed to have a good bonding with the local people. Tether did not just spread by itself: it might have done it, but not that fast. It partnered with local apps, websites, and digital wallets. These were platforms that already had users, so it was straightforward for people to use Tether without having to learn something fresh. Exactly this kind of smart collaboration helped Tether go faster than other tokens or coins. One well-known name coming up in this space is CIFDAQ. It helps connect digital money with local financial systems. Tether is for anyone-and-small businesses use it, too. They receive payments in Tethers to avoid credit card fees and banking delays. Some even pay their workers in Tethers to save time and avoid cash shortages. It is becoming a part of the currency in many areas of the world. Tether has given birth to something special in emerging markets. It gives people control over their money in places where that is usually hard to come by. Assisted by a mixture of trust, stability, and ease of access, it is reinventing the financial lives of millions. As we go on through 2025, it is becoming quite apparent that the Tether token transcends the bounds of being just another digital asset. To so many, it is a lifeline, an instrument, and the very future of money. TIME BUSINESS NEWS
Hans India
15-07-2025
- Business
- Hans India
Bitcoin hits record high of $1,21,000
New Delhi: Leadingcryptocurrency Bitcoin surged past the $1,21,000 milestone for the first time on Monday. According to data from CoinMarketCap, the cryptocurrency went up 2.75 per cent at $1,21,097.94 in early trade. Market capitalisation (mcap) of Bitcoin reached at $2.41 trillion, up 2.85 per cent, with trading volumes at $60.69 billion, up 33.12 per cent, the data showed. This year alone, the cryptocurrency has surged more than 29 per cent, according to reports. Ethereum, the second largest cryptocurrency, jumped 3.28 per cent to $3,054.96, with market cap at $368.77 billion and trade volume at $21.62 billion, CoinMarketCap data showed. According to market watchers, Bitcoin's surge is driven by longer-term institutional buyers and this will propel it to $125,000 in the next month or two. 'Institutional demand remains a major driver, with US Bitcoin ETFs surpassing $50 billion in net inflows to date. BlackRock alone holds over $65 billion in BTC, while corporate treasuries continue to accumulate,' said Himanshu Maradiya, Founder and Chairman, CIFDAQ. Optimism is also fuelled by the US President Donald Trump administration's pro-crypto stance pushing for a Strategic Bitcoin Reserve and easing ETF approval norms. 'Macroeconomic shifts like a weaker dollar, rising treasury demand, and sovereign credit downgrades are further positioning BTC as a hedge. With regulatory clarity improving and Coinbase entering the S&P-500, Bitcoin's case as a mainstream asset has never looked stronger,' he added.
Economic Times
11-07-2025
- Business
- Economic Times
Bitcoin hits record high above $116,000 on institutional demand; Dogecoin, Hedera rally up to 12%
Bitcoin hit a record high of $116,893, fueled by institutional investment and optimism surrounding crypto policies under President Trump. Ether also rose, nearing $3,000, while altcoins like Dogecoin and Cardano saw gains. U.S. Bitcoin ETFs have exceeded $50 billion in inflows, with BlackRock holding over $65 billion in BTC. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Bitcoin surged to a new all-time high of $116,893 in early trade on Friday, driven by strong institutional inflows and optimism around crypto-friendly policies under U.S. President Donald Trump. The world's largest cryptocurrency has now gained more than 25% year-to-date and is up 102% over the past 12 the second-largest cryptocurrency, also climbed over 7% to trade near $2,965 after touching a five-month high of $2,995. Other major altcoins joined the rally, including Dogecoin (+10%), Cardano (+10.5%), Solana (+4.6%), XRP (+6%), and Hedera (+12.2%).'Bitcoin soared past $116,000, setting a new all-time high as bullish momentum returned following recent consolidation,' said Himanshu Maradiya, Founder and Chairman of CIFDAQ. 'Institutional demand remains a major driver, with U.S. Bitcoin ETFs surpassing $50 billion in net inflows to date. BlackRock alone holds over $65 billion in BTC.'Investor confidence has also been supported by macroeconomic trends such as a weakening dollar, rising demand for treasuries, and growing interest in Bitcoin as a hedge against sovereign credit risk. The inclusion of Coinbase in the S&P 500 further underscores Bitcoin's increasing acceptance as a mainstream sharp breakout also triggered a massive short squeeze, contributing to the speed of Bitcoin's ascent. 'A sharp $453 million short squeeze played a key role in accelerating Bitcoin's rally,' said Avinash Shekhar, Co-Founder & CEO of Pi42. 'Forced buying from liquidated bearish positions added fuel to the upward momentum.'Shekhar noted that this could be the beginning of a powerful phase in the current bull cycle. 'Momentum is accelerating across the crypto market , signaling that we may be entering the most decisive leg of this bull cycle.'Ethereum is now nearing the psychological $3,000 level, which traders see as a launchpad for its next breakout. Meanwhile, Dogecoin and other altcoins are also riding the wave of market euphoria.'Bitcoin is roaring!' said the CoinDCX Research Team. 'With over $165 billion added to the crypto market cap and $415 million in short positions liquidated, bulls have taken firm control. Long-term holders now control over 74% of Bitcoin's supply—at a 15-year high.'The rally also reflects broader institutional and political support for digital assets. In March, President Trump signed an executive order to establish a Strategic Bitcoin Reserve and appointed crypto-friendly figures such as former SEC Commissioner Paul Atkins to key roles. His media firm has also filed to launch a crypto-focused L, CEO of 9Point Capital, expects the rally to continue. 'BTC has now broken out just as expected, and the bullish trend is kicking in. We expect BTC to touch $125,000 in this leg of the rally.'In addition to the price surge, the market saw new developments including Robinhood launching ETH and SOL staking in the U.S., and Coinbase partnering with Perplexity AI to provide real-time crypto market long-term holders now control over 74% of total Bitcoin supply—marking a 15-year high—the market appears to be entering a new phase of sustained institutional accumulation and retail optimism.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
11-07-2025
- Business
- Time of India
Bitcoin hits record high above $116,000 on institutional demand; Dogecoin, Hedera rally up to 12%
Bitcoin surged to a new all-time high of $116,893 in early trade on Friday, driven by strong institutional inflows and optimism around crypto-friendly policies under U.S. President Donald Trump. The world's largest cryptocurrency has now gained more than 25% year-to-date and is up 102% over the past 12 months. Ether, the second-largest cryptocurrency, also climbed over 7% to trade near $2,965 after touching a five-month high of $2,995. Other major altcoins joined the rally, including Dogecoin (+10%), Cardano (+10.5%), Solana (+4.6%), XRP (+6%), and Hedera (+12.2%). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo 'Bitcoin soared past $116,000, setting a new all-time high as bullish momentum returned following recent consolidation,' said Himanshu Maradiya, Founder and Chairman of CIFDAQ. 'Institutional demand remains a major driver, with U.S. Bitcoin ETFs surpassing $50 billion in net inflows to date. BlackRock alone holds over $65 billion in BTC.' Investor confidence has also been supported by macroeconomic trends such as a weakening dollar, rising demand for treasuries, and growing interest in Bitcoin as a hedge against sovereign credit risk. The inclusion of Coinbase in the S&P 500 further underscores Bitcoin's increasing acceptance as a mainstream asset. The sharp breakout also triggered a massive short squeeze, contributing to the speed of Bitcoin's ascent. 'A sharp $453 million short squeeze played a key role in accelerating Bitcoin's rally,' said Avinash Shekhar, Co-Founder & CEO of Pi42. 'Forced buying from liquidated bearish positions added fuel to the upward momentum.' Live Events Shekhar noted that this could be the beginning of a powerful phase in the current bull cycle. 'Momentum is accelerating across the crypto market , signaling that we may be entering the most decisive leg of this bull cycle.' Also Read: Crypto Gems: Top crypto assets to watch & buy in July 2025 Ethereum is now nearing the psychological $3,000 level, which traders see as a launchpad for its next breakout. Meanwhile, Dogecoin and other altcoins are also riding the wave of market euphoria. 'Bitcoin is roaring!' said the CoinDCX Research Team. 'With over $165 billion added to the crypto market cap and $415 million in short positions liquidated, bulls have taken firm control. Long-term holders now control over 74% of Bitcoin's supply—at a 15-year high.' The rally also reflects broader institutional and political support for digital assets. In March, President Trump signed an executive order to establish a Strategic Bitcoin Reserve and appointed crypto-friendly figures such as former SEC Commissioner Paul Atkins to key roles. His media firm has also filed to launch a crypto-focused ETF. Srinivas L, CEO of 9Point Capital, expects the rally to continue. 'BTC has now broken out just as expected, and the bullish trend is kicking in. We expect BTC to touch $125,000 in this leg of the rally.' In addition to the price surge, the market saw new developments including Robinhood launching ETH and SOL staking in the U.S., and Coinbase partnering with Perplexity AI to provide real-time crypto market data. As long-term holders now control over 74% of total Bitcoin supply—marking a 15-year high—the market appears to be entering a new phase of sustained institutional accumulation and retail optimism. Also Read: 52% of cryptos launched since 2021 are dead. What should investors focus on in 2025? ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Gulf Insider
11-07-2025
- Business
- Gulf Insider
Bitcoin Surges Past $116,000 For First Time In History
Bitcoin on Friday continued its surge, as bullish momentum returned following recent consolidation on increased investor demand. The world's largest cryptocurrency has crossed the $116,000 mark to trade at $116,277.42 on Friday morning, up 4.39% as against its price 24 hours ago. 'Bitcoin soared past $116,000, setting a new all-time high as bullish momentum returned following recent consolidation. Institutional demand remains a major driver, with US Bitcoin ETFs surpassing $50 billion in net inflows to date,' said Himanshu Maradiya, founder and chairman of CIFDAQ. BlackRock alone holds over $65 billion in BTC, while corporate treasuries continue to accumulate. Optimism is also fuelled by the Trump administration's pro-crypto stance pushing for a Strategic Bitcoin Reserve and easing ETF approval norms. Macroeconomic shifts like a weaker dollar, rising treasury demand, and sovereign credit downgrades are further positioning BTC as a hedge. With regulatory clarity improving and Coinbase entering the S&P 500, Bitcoin's case as a mainstream asset has never looked stronger, he added. Among other cryptos, Ethereum reached $3,000 and drew bearish attention, while the XRP price is surging with considerable strength. The other altcoins are also manifesting a similar price action as the crypto markets turn green. The top gainers include Pudgy Penguins, with a 30% rise, followed by SEI with a 25% increase and Worldcoin with a 19% rise. 'With the recent rise, over $165 billion has been added to the crypto market cap, while $415 million worth of shorts have been liquidated,' CoinDCX Research Team said in a note. Meanwhile, Bitcoin surpasses the Taiwanese & Australian dollars in market capitalization. On the other hand, Bitcoin long-term holders hit a 15-year high, now controlling over 74% of the total supply. Besides, Coinbase has partnered with Perplexity AI to deliver real-time crypto market data to traders. Robinhood officially launches ETH & SOL staking in the US. IG analyst Tony Sycamore predicts Bitcoin to hit $120,000 soon. 'While the push to new highs hasn't yet sparked the fireworks the market might have been hoping for, there is scope for bitcoin to make further gains towards $120,000,' Sycamore added. Also read: Kazakhstan Plans To Establish Bitcoin And Crypto Reserve
