Market News

Bitcoin, Ethereum, USDT, and Telegram: New Features Transform the Crypto Landscape

Telegram has recently integrated a new feature into its Wallet application, offering users the ability to earn yields on Bitcoin (BTC), Ethereum (ETH), and USDT.

This enhancement leverages a "Vaults" system, allowing users to deposit their digital assets and gain on-chain returns.

According to The Block, the platform enables self-storage capabilities within the TON Wallet, enhancing user control over their assets.

Notably, USDT strategies currently showcase competitive yields, with Re7's DeFi strategy offering an annual percentage yield (APY) of up to 18%.

The feature aims to bridge advanced decentralized finance (DeFi) protocols with Telegram's massive user base of over 150 million.

As the cryptocurrency market begins to show signs of recovery, both Bitcoin and Ethereum are experiencing renewed bullish momentum, surpassing key price levels.

Bitcoin recently approached the $70,000 mark, while Ethereum is showing potential for significant upside after breaking above $2,000.

Analysts predict that if this trend continues, Bitcoin could rally to between $80,000 and $85,000, while Ethereum may see increases of up to 35%.

These developments reflect a broader shift in institutional sentiment toward cryptocurrencies, marking a reversal of prior risk-averse strategies as funds flow back into Bitcoin and Ethereum ETFs.

With Telegram's latest innovations, the company positions itself not only as a messaging platform but also as a vital player in the evolving landscape of cryptocurrency finance.