🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Tether Reveals Next Big Plan for Bitcoin
Paolo Ardoino, Tether CEO, took to X to highlight the new move that the stablecoin issuer is taking with Bitcoin (BTC). The protocol plans to deploy both existing and future hashrates on the OCEAN protocol.
Tether to utilize OCEAN'S DATUM gateway software
For context, OCEAN is a leading Bitcoin mining pool specifically focused on decentralization
The pool, launched by long-time Bitcoin Core developer Luke Dashjr, provides miners with the resources required to build their own block templates. They utilize their open-source DATUM protocol, which helps to reduce dependence on centralized intermediaries
This also enhances censorship resistance within the Bitcoin network. Tether can access OCEAN’s DATUM Gateway software by making this deployment move
The stablecoin giant intends to use this across its mining operations globally, even in rural and underserved areas like Africa.
In the long run, this will deliver high-performance mining operations to the stablecoin issuer, overriding these bandwidth-constrained environments
Ardoino claimed that the firm sees "supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity."
He also noted that the deployment to OCEAN aligns with Tether's mining investments and its broader mission, which involves fortifying Bitcoin against centralizing forces.
Tether ecosystem displays confidence in Bitcoin
This move reflects Tether’s confidence in BTC's long-term potential, even in the midst of recent market fluctuations
At the beginning of Q2, 2025, the firm made a massive purchase of 8,888 BTC. This brings its total holdings to 92,646 BTC units at an average price of $82,591.34. Some market watchers categorized the purchase as one of Tether’s buy-the-dip strategies.
Apart from its consistent acquisition of BTC, the firm's healthy Bitcoin portfolio is also evident in how Tether executives speak about the coin.
A few days ago, Gabor Gurbacs voiced his expectations of Bitcoin, stating that the flagship cryptocurrency should experience a tremendous market cap surge over the next few years.