Record Profits for Tether Driven by Treasury Holdings
Tether's Q4 2023 net profit hits $2.85 billion, driven by U.S. Treasury interest. Annual profits reach $6.2 billion, showcasing crypto prominence.
EdmundTether's Q4 2023 net profit hits $2.85 billion, driven by U.S. Treasury interest. Annual profits reach $6.2 billion, showcasing crypto prominence.
EdmundARK Invest, led by Cathie Wood, has strategically liquidated its remaining $200 million GBTC holdings, redirecting $100 million to Bitcoin Futures ETF Bito. The move aligns with the anticipation of a potential spot Bitcoin ETF approval, reflecting ARK's proactive response to evolving market dynamics. Wood's optimism about Bitcoin's long-term growth remains strong, despite short-term market fluctuations tied to regulatory speculation.
BerniceARAX Holdings' acquisition of The Nemesis signifies a strategic leap into the evolving metaverse landscape. The collaboration is poised to redefine digital interactions, offering potential economic benefits and expanding ARAX's influence within the digital asset management domain.
Cheng YuanMdm Ho Ching wrote in a Facebook post that the write down of Temasek's full investment in cryptocurrency firm FTX is an "egg on the face"
TodayonlineAlameda's CEO offered to buy Binance's FTT token holdings for $22 apiece.
OthersThe battle for supremacy among crypto exchanges has often come down to the amount of bitcoin that they hold. This ...
BitcoinistWith the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some ...
BitcoinistGene Simmons is "licking it up" and unfazed by the ongoing mayhem happening in the crypto space. Gene Simmons, the ...
BitcoinistThe Purpose Bitcoin ETF has increased its holdings of Bitcoin over the past five days, a positive sign that buyers are buying on dips.
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