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Tether – the company behind the biggest stablecoin in terms of market capitalization, USDT – announced the acquisition of a minority ownership stake in Juventus. The latter is the most successful football club in Italy, having won the domestic Serie A championship a record 36 times. According to some studies, it also has the largest fan base in the country. Tether Solidifies Its Presence In the Sports World According to a document shared with CryptoPotato, this strategic investment allows Tether to integrate its digital assets, payments, and newly acquired AI and biotech expertise into the sports industry. The company might also assemble a top-tier advisory team for this initiative. Additionally, acquiring a minority stake in Juve (as the team’s nickname is) will allow Tether to promote blockchain technology and stablecoin adoption in mainstream sectors such as the sports world. Speaking on the deal was the company’s chief executive officer – Paolo Ardoino: “Aligned with our strategic investment in Juve, Tether will be a pioneer in merging new technologies, such as digital assets, AI, and biotech, with the well-established sports industry to drive change globally. We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape.” It is important to note that this is not the company’s first interaction with a football team. In 2023, Plan ₿, an initiative founded by Tether and the City of Lugano, announced its official sole kit sponsorship of FC Lugano, a professional football club that competes in the Swiss Super League. The company behind the USDT stablecoin has also collaborated with Juan Sartori, whose extensive experience includes involvement with the English football team Sunderland AFC, the French AS Monaco, and the European Club Association. Crypto and Italian Football Juve first engaged with the cryptocurrency sector in September 2018 by partnering with blockchain platform Socios.com to launch the Juventus Official Fan Token. Last year, it named Zondacrypto its new sleeve sponsor and official crypto exchange partner, further solidifying its presence in the industry. Other Italian football clubs that have shaken hands with entities representing the digital asset sector include AC Milan which inked a sponsorship deal with BitMEX, SSC Napoli which teamed up with Upbit, and more. The post Tether Acquires a Minority Stake in Italian Football Giant Juventus appeared first on CryptoPotato.

Its super dumping now what to do 🤕 $HOLDCOIN

⚡️ BULLISH: Twitter Co-Founder Jack Dorsey and Strike CEO Jack Mallers spotted wearing Satoshi shirts after the Super Bowl with Saquon Barkley.

Litecoin (LTC) is firmly emerging as a frontrunner in the race for a spot exchange-traded fund (ETF), with Bloomberg ETF analyst Eric Balchunas using a baseball analogy to offer his price prediction. To put it simply, Balchunas believes, all the altcoins “are rounding 1st base, except for Litecoin which is headed to 3rd.” For investors, this statement suggests that Litecoin is significantly ahead in the regulatory process, potentially paving the way for a price surge compared to other altcoins like XRP, Dogecoin, and Solana. Balchunas did clarify, in another post on X (formerly Twitter), that no crypto ETFs will begin active trading until the newly appointed SEC Chair, Paul Atkins, is confirmed by the US Senate and settles into his role. This suggests any immediate price prediction based solely on ETF news may be premature. Adding a note of caution, he stated, “I don’t think all coin ETFs are super high on his priority list. And that’s why we don’t say we’re 100% confident on any of this just yet.“ Balchunas further explained that Litecoin is ahead of its competitors because it was “ Gensler friendly .” In essence, this “friendliness” could be a major factor in any positive Litecoin price prediction. To note, ETF issuers had to wait until former SEC Chair Gary Gensler was completely out of office to file for exchange-traded funds focused on other altcoins. Another Bloomberg analyst, James Seyffart, also offered deeper analysis on why Litecoin is ahead , citing increased SEC engagement with LTC filings since early January. This regulatory dialogue set Litecoin apart, possibly accelerating its path to ETF approval and influencing positive price predictions. This proactive engagement strengthens the case for a bullish Litecoin price prediction Examining Litecoin’s current market position, Litecoin is trading at $126.85, up nearly 4% in the past 24 hours. Related: XRP ETF Approval: SEC Odds a Coin Toss, Say Analysts – Litecoin & Doge Have Better Shot? The price action is showing bullish momentum, with LTC currently trading above its 20-day exponential moving average (EMA) of $115.5. Technically speaking, this upward movement lends further credence to bullish Litecoin price predictions. Currently, the Relative Strength Index (RSI) stands at 60.65, indicating that LTC is approaching overbought territory but still has room to move higher before hitting extreme levels. Taking a closer look, the RSI gradient suggests an attempt to break possible resistance levels at $130, $140, and $150. Should these levels break, Litecoin price predictions could become even more optimistic. Nearest support levels remain the 20-day EMA and $120. Related: Litecoin ETF Could Beat XRP in ETF Race, Despite Multiple SEC Filings The Moving Average Convergence Divergence (MACD) indicator further reinforces this bullish sentiment. The MACD line (blue) is above the signal line (orange), with positive histogram bars forming, clearly reinforcing increasing bullish momentum. Both analyst predictions and technical indicators suggest a potentially bullish future for Litecoin price, contingent on ETF developments and market momentum. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$TRUMP -related tokens are gaining traction, and here are some worth keeping an eye on: MAGA (TRUMP) This token is inspired by Donald Trump's "Make America Great Again" slogan and has captured the attention of both Trump supporters and crypto enthusiasts. With a market cap of approximately $200 million, MAGA is trading at around $4.37, having experienced significant volatility and reaching an all-time high of $17.51 in July 2024. MAGA Hat (MAGA) Another token inspired by Trump's slogan, MAGA Hat aims to capitalize on the viral nature of political memes and the active engagement of Trump's supporter base. With a market cap of approximately $92 million, MAGA Hat trades at around $0.00024. Super Trump (STRUMP) This meme token operates on both the Ethereum and Solana blockchains, aiming to merge political enthusiasm with the speculative nature of cryptocurrencies. Super Trump features a unique tokenomics model that allocates transaction fees to a wallet associated with Donald Trump. MAGA VP (MVP) Part of the broader MAGA TRUMP ecosystem, MAGA VP rewards its holders with TRUMP tokens through a buy and sell tax mechanism. This token serves as a speculative asset, attracting both political supporters and crypto investors Fight to MAGA (FIGHT) Inspired by the ideals of the "Make America Great Again" movement, Fight to MAGA aims to empower political activism through decentralized finance (DeFi). The token's ecosystem supports partnerships with political organizations, enabling seamless fundraising and activism. These $TRUMP-related tokens are worth watching, but keep in mind that they are highly speculative and volatile. As with any investment, do your own research and consider the risks before making a decision.