The post TAO Rebounds, BlockDAG Testnet Launches as Presale Hits $214M — Key Tether News Inside – Coincu appeared on BitcoinEthereumNews.com.

This week, three top-rated crypto currencies are drawing attention with meaningful updates. Bittensor (TAO) has shown signs of strength, bouncing back 30% after dropping to $167. Meanwhile, BlockDAG (BDAG) just launched its final Beta Testnet—packed with upgrades and incentives—attracting a surge of interest that pushed its presale total to $214 million. At the same time, Tether news reveals the company is building a U.S.-focused version of its stablecoin to comply with emerging regulations, a move that could shape the future of digital finance in the region. Bittensor (TAO) Price Analysis: Can It Hold the Rebound? The latest Bittensor (TAO) price analysis highlights a sharp drop earlier this week, where the token slipped below $216 and hit $167 by April 7. However, it quickly rebounded by almost 30%, attempting to reclaim the $216 mark, which has acted as a key level for several weeks. Since breaking down from $416 in late January, TAO has been trending lower, but analysts now point to $220 and $240 as important breakout targets. If TAO manages to cross $240, it may trigger a broader recovery. Until then, traders remain cautious, watching for sustained momentum or further pressure. Tether News: U.S.-Focused Stablecoin Could Change the Game In important Tether news, the world’s leading stablecoin issuer is planning to launch a U.S.-specific version of its token. This move is meant to align with upcoming American crypto rules and regulatory frameworks. With a market valuation of $144 billion, Tether is taking this step seriously. CEO Paolo Ardoino explained that the goal is to make stablecoins a trusted part of everyday finance in the U.S. This version would provide better compliance while supporting the country’s growing interest in digital assets. If successful, Tether’s approach could push other projects in the same direction, further integrating crypto into traditional financial systems.…

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Filed under: News - @ April 16, 2025 4:21 am