Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Latest data about Friend.tech, a decentralized social media platform, shows that it contributes over 20% of the average active addresses on Base, an Ethereum (ETH) layer-2 platform. Meanwhile, Dune data compiled by Tom Wan shows that in
Read More
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock. Source
Read More
The investor community is brewing with optimism as it expects AI to drive profit growth at a time of rising borrowing costs and supply chain problems Although the onslaught of artificial intelligence (AI) is creating a major disruption in the market date, banking giant Goldman Sachs is bullish about the tech
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the past week, ethereum’s price has seen a slight 4% dip, coinciding with PEPE whales taking profits, as the token dropped 20%. Over the past week, ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has
Read More
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the
Read More
Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer plans to strengthen its reserves with the help of Bitcoin (BTC) and move away from United States-based government debts.In an announcement on May 17, Tether revealed that it
Read More
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It means that the firm considers “only the tangible gains from its operations,” consisting of the difference between the purchase price and net proceeds from an asset sale or, in
Read More
First Mover Asia: Crypto's Rotating Profits Source
Read More
Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported in a post touting its latest attestation by BDO Italia. Tether’s market capitalization grew from $66 billion to over $82 billion in the first
Read More
Some holders have turned pocket change into fortunes after getting into the very early stages of pepe. Original Source
Read More