Tether ($USDT) Expands: Stablecoin leader Tether is growing into a financial giant, diversifying billions into AI, Bitcoin mining, and commodities (like gold), while also becoming a major CeFi lender.
BTC & ETH Consolidate: Bitcoin and Ethereum show range-bound trading following the expected 25 basis point Federal Reserve rate cut. BTC is holding near the $90,000 - $95,000 area.
Solana Gets Institutional: JPMorgan and Galaxy Digital executed a landmark $50 million commercial paper issuance on the Solana blockchain, showcasing major institutional confidence in the network.
In Shortest Form: Tether is a financial conglomerate now, BTC/ETH are stable post-Fed cut, and Solana is gaining major traction with institutional finance (JPMorgan deal).
