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 BanksBoastsFinancialMoneyMovedProfitsStabilityStrongTether Read More
Tether continues to dominate the stablecoin market with a market cap of over $82 billion and is currently the third-largest cryptocurrency by market cap.
On Wednesday, May 10, stablecoin issuer Tether released the results for the first quarter of the year (Q1 2023) announcing a net profit of a staggering $1.48 BTCGoldIssuerNumbersReservesStablecoinStrongTetherUnveils Read More
Web3 is a strong alternative to the current centralized internet, and there are associated crypto tokens worth examining.
Source AlternativeInternetRepresentsStrongTodaysWeb3 Read More
Business intelligence platform MicroStrategy has reiterated its commitment to its Bitcoin (BTC) investment strategy after turning its first quarterly profit since 2020. The Michael Saylor-founded firm went back into the green in the first quarter of 2023 with a profit of $94 million, which was largely attributed to a one-time income BitcoinConvictionMicroStrategysPostsProfitStrong Read More
Ripple has continued to sell XRP only in connection with its international transaction product.
Original Source 336MgrowthReportsRippleSoldStrongTokensWorthXRPXRPL Read More
Second, if we look at a wider time horizon (as illustrated below), the mining group still outperforms the Nasdaq between April 2020 and April 2023., winning 90% to 63%. The blockchain group is down 12%. Crypto miners benefitted from a huge bubble in the first half of 2021 (traded between ActivityBlockchaincompaniesCryptoExchangesMinersRechRevealStrong Read More
United Airlines reported that its total capacity went up by approximately 23.4 percent during the first three months of the year.
United Airlines Holdings Inc (NASDAQ: UAL) announced its first-quarter (Q1 2023) financial results on April 18. According to the announcement, the company recorded a $256 million pre-tax loss for the AirlinesDemandInternationalLossNetProjectsReportsSharesStrongUALUnited Read More
The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday.
Original Source actionCoinbaseContinueEthersMonthPriceStrong Read More
PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts.
According to data analysis, 760kBitcoincryptoexchangeExchangesGainsHoldersInitialKoreaLiquidityNewsPressReleaseStrongTractionwe2net Read More