The crypto market shows significant shifts with large ETH transfers, USDT regulation in Thailand, and BlockDAG partnering with SpaceDev.
Ethereum Whale Action
A major move in the Ethereum market: an inactive account transferred 7,000 ETH worth about $13.8 million to Kraken. This may indicate impending changes in market strategy. The address still holds about 30,070 ETH, suggesting potential further action.
Thailand Approves USDT
Thailand's Securities and Exchange Commission approved regulated trading of USDT, marking an important step for the region. USDT will now be available on licensed exchanges starting March 16, 2025, strengthening financial inclusivity in Thailand.
BlockDAG and SpaceDev Alliance
Through a new alliance, BlockDAG and SpaceDev aim to boost BlockDAG’s developer network. The presale attracted $205.5 million, distributing 18.8 billion BDAG coins. This partnership enhances BlockDAG’s capabilities with improved developer support programs and global promotion.
The crypto market continues to capture attention with significant developments: from ETH transfers to new regulations and strategic alliances. These events signal potential major changes in the near future.
