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Tether Under Pressure After S&P Warns Its Bitcoin Holdings Raise Stability Risks

The post Tether Under Pressure After S&P Warns Its Bitcoin Holdings Raise Stability Risks appeared on BitcoinEthereumNews.com. Bitcoin Concerns about the composition of Tether’s reserves have resurfaced after S&P Global Ratings issued a downgrade targeting the backing of USDT, the world’s largest stablecoin. Key Takeaways S&P says Tether’s rising Bitcoin exposure increases sensitivity to market shocks. The agency now ranks the quality of USDT reserves as “weak,” not “constrained.” Tether disputes the verdict, insisting its balance sheet is overcapitalized and safer than legacy finance. Rather than questioning the peg itself, the agency highlighted the growing presence of volatile assets — particularly Bitcoin — inside the reserve mix. Why the Downgrade Happened S&P’s new assessment argues that the stablecoin issuer has moved further away from a conservative balance sheet. While Tether frequently promotes its holdings of U.S. Treasury bills, S&P says that the public reserves data paints a more complex picture that also includes corporate debt, secured loans, gold and a rapidly growing Bitcoin position. Analysts warned that if Bitcoin experiences a deep correction, the shift could meaningfully shrink the cushion protecting the peg — especially during moments of heightened redemptions. Rising Bitcoin Allocation Draws Most Scrutiny The latest transparency report from Tether revealed the biggest point of concern: the spike in Bitcoin holdings. The company now controls more than 87,700 BTC, representing 5.4% of reserves, compared to 3.6% previously. USDT’s circulating market value is around $184 billion, meaning sharp BTC drawdowns carry measurable collateral implications. S&P analysts Rebecca Mun and Mohamed Damak said that in extreme downside scenarios, USDT could temporarily become undercollateralized, not because of Treasury exposure, but because of high-volatility assets sitting beside them. Tether Rejects The Criticism Tether’s leadership does not share the agency’s view. Paolo Ardoino responded publicly, saying that the downgrade demonstrates hostility from traditional finance rather than an objective measurement of risk. He claimed that Tether’s war chest is “overcapitalized” and…

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Dogecoin (DOGE) Shows Controlled Strength as Traders Eye Key Resistance Above

Dogecoin started a steady increase above $0. 150 against the US Dollar. DOGE is now consolidating and might correct lower to $0. 1480. DOGE price started a fresh increase above $0. 1450 and $0. 150. The price is trading above the $0. 150 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0. 1490 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0. 1480. Dogecoin Price Holds Gains Dogecoin price started a fresh increase after it settled above $0. 1420, like Bitcoin and Ethereum. DOGE climbed above the $0. 150 resistance to enter a positive zone. The bulls were able to push the price above $0. 1550. A high was formed at $0. 1565 and the price is now consolidating gains above the 23. 6% Fib retracement level of the upward move from the $0. 1330 swing low to the $0. 1565 high. Besides, there is a bullish trend line forming with support at $0. 1490 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0. 150 level and the 100-hourly simple moving average. If there is another increase, immediate resistance on the upside is near the $0. 1565 level. The first major resistance for the bulls could be near the $0. 160 level. The next major resistance is near the $0. 1620 level. A close above the $0. 1620 resistance might send the price toward $0. 1685. Any more gains might send the price toward $0. 1740. The next major stop for the bulls might be $0. 180. Another Decline In DOGE? If DOGE’s price fails to climb above the $0. 1565 level, it could start a downside correction. Initial support on the downside is near the $0. 1510 level. The next major support is near the $0. 1480 level and the trend line. The main support sits at $0. 1450 and the 50% Fib retracement level of the upward move from the $0. 1330 swing low to the $0. 1565 high. If there is a downside break below the $0. 1450 support, the price could decline further. In the stated case, the price might slide toward the $0. 1380 level or even $0. 1330 in the near term. Technical Indicators Hourly MACD The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) The RSI for DOGE/USD is now above the 50 level. Major Support Levels $0. 1510 and $0. 1480. Major Resistance Levels $0. 1565 and $0. 1600.

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Stony Brook Village Center to host festive Black Friday event Nov. 28

Stony Brook Village Center, 111 Main St., Stony Brook invites the community to celebrate the start of the holiday shopping season with a free, festive Black Friday event on Friday, November 28. Throughout the day, visitors can enjoy exclusive deals from shops across the open-air village, while a lineup of family-friendly activities adds to the holiday cheer. From 1: 30 pm to 3: 30 p. m., the Steppin’ Out Ponies Petting Zoo will set up in front of D. K. Brothers. This experience offers guests the chance to feed and interact with a variety of animals, providing a delightful break from shopping. To add to the holiday ambiance, The Celestial Holiday Carolers will perform live from 1: 30 p. m. to 3: 30 p. m. throughout the Village Center. Shoppers can expect holiday favorites and seasonal classics that will set the perfect holiday mood for a memorable day in Stony Brook. For more information, call 631-751-2244.

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Pet of the Week: Conner and his signature sit

CULLMAN, Ala. Conner, an Aussie mix around 10 months old, is The Cullman Tribune Pet of the Weel. He has quickly become a shelter favorite thanks to his easygoing personality and the way he makes every moment feel light. Medium in energy and steady in temperament, this good boy enjoys the company of everyone [.].

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Cook, Storm going into hall of fame

Two people who left a legacy with the Spencer High School wrestling programs will be the newest inductees into the Dave Schaefer Wrestling Hall of Fame. Terry Cook, a 1984 graduate, and Paige Storm, a 2008 graduate, will be honored Thursday, Dec. 4, during a home wrestling meet featuring both the Tigers boys and girls teams. Each will be in [.] The post Cook, Storm going into hall of fame first appeared on Enterprise Media.

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