{"id":71652,"date":"2026-04-26T10:15:26","date_gmt":"2026-04-26T10:15:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tether-conducts-biggest-usdt-freeze-ever-grayscale-makes-case-for-bitcoin-bottom-and-more\/"},"modified":"2026-04-26T10:15:26","modified_gmt":"2026-04-26T10:15:26","slug":"tether-conducts-biggest-usdt-freeze-ever-grayscale-makes-case-for-bitcoin-bottom-and-more","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tether-conducts-biggest-usdt-freeze-ever-grayscale-makes-case-for-bitcoin-bottom-and-more\/","title":{"rendered":"Tether Conducts Biggest USDT Freeze Ever, Grayscale Makes Case for Bitcoin Bottom, And More"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p data-start=\"0\" data-end=\"14\"><strong>Key Takeaways:<\/strong><\/p>\n<ul data-start=\"16\" data-end=\"301\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-section-id=\"xcocaw\" data-start=\"16\" data-end=\"111\">MiCA drove euro <span>stablecoin<\/span> <span>volume<\/span> up 1,200% in 15 months, reshaping Europe\u2019s payments market.<\/li>\n<li data-section-id=\"a1fgcg\" data-start=\"112\" data-end=\"209\">Balancer\u2019s exploiter moved 1,100 <span>ETH<\/span> via Thorchain, adding pressure on <span>DeFi<\/span> security and trust.<\/li>\n<li data-section-id=\"6jtdt4\" data-start=\"210\" data-end=\"301\" data-is-last-node=\"\">On April 23, 2026, Tether froze $344M <span>USDT<\/span> as Senate pressure on CLARITY Act intensified.<\/li>\n<\/ul>\n<p><b>The MiCA Effect: Euro <span>Stablecoins<\/span> Surge 1,200% as Global <span>Crypto<\/span> Adoption Cools<\/b><\/p>\n<p><span style=\"font-weight:400\">Despite a global downturn in <span>cryptocurrency<\/span> adoption during Q1 2026, euro-denominated <span>stablecoins<\/span> surged 1,200% over a 15-month period, reaching \u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/the-mica-effect-euro-stablecoins-surge-1200-as-global-crypto-adoption-cools\/\"><span style=\"font-weight:400\">read more<\/span><\/a><span style=\"font-weight:400\">.<\/span><\/p>\n<p data-start=\"511\" data-end=\"539\"><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">The dollar may be king, but the euro is still important. With a $20 trillion economy, there is a lot of money to be made in the European <span>stablecoin<\/span> market. It will be interesting to see if Tether will dominate or if another player will emerge. <\/span><\/p>\n<p><b>Balancer Exploiter Resurfaces After 5 Months, Moves 1,100 <span>ETH<\/span> Through Thorchain<\/b><\/p>\n<p><span style=\"font-weight:400\">A wallet linked to the Balancer exploit that drained nearly $120 million from the protocol\u2019s V2 pools has resurfaced after five months\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/balancer-exploiter-resurfaces-thorchain-eth-btc\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p data-start=\"511\" data-end=\"539\"><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbalancer-exploiter-resurfaces-after-5-months-moves-1100-eth-through-thorchain.jpg&amp;w=1920&amp;q=75\" alt=\"Balancer Exploiter Resurfaces After 5 Months, Moves 1,100 ETH Through Thorchain\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">Decentralization, one of the core tenets of <span>defi<\/span>, is being brutally challenged by North Korean hackers who are suggesting that the average protocol and the average user don\u2019t stand a chance in the <span>blockchain<\/span> wilderness. Add to that the UX problems and the dwindling yields, and <span>DeFi<\/span> is truly in a questionable position.<\/span><\/p>\n<p><b>CLARITY Act Gains New Urgency as More Than 100 <span>Crypto<\/span> Organizations Urge Senate Action<\/b><\/p>\n<p><span style=\"font-weight:400\"> <span>Crypto<\/span> market structure legislation is gaining urgency as U.S. industry groups press Congress to act\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/clarity-act-gains-new-urgency-as-more-than-100-crypto-organizations-urge-senate-action\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p data-start=\"511\" data-end=\"539\"><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fclarity-act-markup-letter.jpg&amp;w=1920&amp;q=75\" alt=\"CLARITY Act Gains New Urgency as More Than 100 Crypto Organizations Urge Senate Action\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">The signatories included exchanges, venture firms, infrastructure providers, advocacy groups, and digital asset firms and organizations, including Coinbase, Circle, Kraken, Andreessen Horowitz, Chainalysis, Uniswap Labs, and Ripple. Quite an impressive display of power. <\/span><\/p>\n<p><b>Grayscale Hints at <span>Bull Market<\/span> Setup as <span>Bitcoin<\/span> Holds Critical Breakeven Level<\/b><\/p>\n<p><span style=\"font-weight:400\"> <span>Bitcoin<\/span> markets are showing signs of a potential bottom as improving price action brings recent buyers back to breakeven\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/grayscale-hints-at-bull-market-setup-as-bitcoin-holds-critical-breakeven-level\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p data-start=\"511\" data-end=\"539\"><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fgrayscale-bull-market-setup.jpg&amp;w=1920&amp;q=75\" alt=\"Grayscale Hints at Bull Market Setup as Bitcoin Holds Critical Breakeven Level\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">Specifically, the firm said that its research indicated that \u201c <span>BTC<\/span>\u2019s <span>blockchain<\/span> data could signal a durable market bottom has occurred.\u201d Grayscale of course, isn\u2019t alone in its sentiment, joining Fidelity\u2019s Jurien Timmer, who said <span>Bitcoin<\/span> is likely building a base for its next leg up. Grayscale\u2019s head of research said: \u201cIf <span>bitcoin<\/span>\u2019s price rises further in the coming days, more recent buyers would move into positive PnL, which can be an indicator for marking the first phase of a <span>bull market<\/span>.\u201d<\/span><\/p>\n<p><b>Tether Freezes $344 Million in <span>USDT<\/span> With OFAC and US Law Enforcement<\/b><\/p>\n<p><span style=\"font-weight:400\">Tether froze more than $344 million in <span>USDT<\/span> across two <span>blockchain<\/span> addresses on April 23, 2026, acting on information shared by U.S. authorities tied to unlawful conduct\u2026 <\/span><a href=\"https:\/\/news.bitcoin.com\/tether-freezes-344-million-in-usdt-with-ofac-and-us-law-enforcement\/\"><span style=\"font-weight:400\">read more<\/span><\/a><\/p>\n<p data-start=\"511\" data-end=\"539\"><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Ftether-freezes-344-million-in-usdt-with-ofac-and-us-law-enforcement.png&amp;w=1920&amp;q=75\" alt=\"Tether Freezes $344 Million in USDT With OFAC and US Law Enforcement\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p><span style=\"font-weight:400\">This appears to be Tether\u2019s biggest <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> freeze ever. Paolo Ardoino, who has never been apologetic about acting in a \u201ccentralized\u201d manner, said, <\/span><i><span style=\"font-weight:400\">\u201c <span>USDT<\/span> is not a safe haven for illicit activity. When credible links to sanctioned entities or criminal networks are identified, we act immediately and decisively.\u201d <\/span><\/i><span style=\"font-weight:400\">Are <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> becoming the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-central-bank-digital-currencies\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">CBDC<\/a> nightmare many have been dreading?<\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/tether-conducts-biggest-usdt-freeze-ever-grayscale-makes-case-for-bitcoin-bottom-and-more-week-in-review\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: MiCA drove euro stablecoin volume up 1,200% in 15 months, reshaping Europe\u2019s payments market. Balancer\u2019s exploiter moved 1,100 ETH via Thorchain, adding pressure on DeFi security and trust. On April 23, 2026, Tether froze $344M USDT as Senate pressure on CLARITY Act intensified. The MiCA Effect: [&hellip;]<\/p>\n","protected":false},"author":3947362401,"featured_media":71653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71652"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362401"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71652"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71653"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}