PDAXScope: ETH dips, Tether eyes $500B, Asia leads adoption

Ether Falls to $4K, BTC, XRP Slide as U.S. Government Shutdown Risks Mount (CoinDesk)

Ether led the dip among major cryptos, falling toward $4,000 as fears of a U.S. government shutdown intensified, according to CoinDesk. Bitcoin, XRP, and others also slid, under pressure from the strong U.S. dollar and macro uncertainty.

Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports (Reuters)

Tether is reportedly planning to raise $15–$20 billion in a private funding round that could value the company at around $500 billion, according to Reuters citing Bloomberg. The deal is still in early stages, and the final valuation depends on how much equity is offered and at what price.

Asia-Pacific Leads Worldwide Crypto Adoption: Chainalysis (Decrypt)

Asia-Pacific now leads the world in crypto adoption, with yearly transaction volume jumping from $1.4T to $2.36T, according to Chainalysis, as reported by Decrypt. India, Pakistan, and Vietnam are driving much of this growth, showing how emerging markets are quickly embracing digital assets.

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