Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold

Bitcoin (BTC) prices steadied on Tuesday after closing the previous session at a 3.41% loss, supported by a weakening dollar sentiment ahead of a key United States' inflation report due later today.Spot BTC/USD exchange rate rose by a modest 1.31% to $33,096 after bottoming out on Monday at $32,996 on Coinbase exchange. The CME Bitcoin…

The milestone was accomplished less than one month after a much-anticipated airdrop. 458 Total views 28 Total shares Own this piece of history Collect this article as an NFTAccording to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million…

MicroStrategy has completed a $800 million convertible note offering, which it will use to acquire more Bitcoin and for “general corporate purposes.”

"The regulatory framework surrounding cryptocurrency is going to change dramatically, so we always believe in staying on the right side of the law," says Adam Aron, CEO of AMC Entertainment. 77 Total views 10 Total shares During its Q4 2021 earnings call late Tuesday, Adam Aron, CEO of iconic theatre-chain AMC Entertainment, briefed the community…

Cryptocurrency trading bot Wallet is debuting its global rollout on the Telegram messenger in several countries in Latin America and Africa.The Open Platform (TOP), the Dubai-headquartered investment platform affiliated with TOP Labs and Wallet, announced the global rollout of the Wallet crypto bot on Nov. 10.Wallet, a third-party Telegram bot allowing users to buy and

Bitcoin (BTC) hodlers need to watch the central banks of China and Japan as well as the United States as BTC/USD battles “huge” resistance.That was the opinion of trading firm QCP Capital, which in its latest crypto market research piece, “The Crypto Circular,” warned that Bitcoin faces risks far beyond the Federal Reserve.Bitcoin "most direct…

Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether, and Litecoin ETPs. 1582 Total views 1 Total shares European digital asset manager CoinShares is expanding the reach of its physically-backed exchange-traded product (ETP) portfolio with a new listing in Germany.According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) ETPs…

Feb. 22 — following some red signals yesterday, crypto markets have continued to rise, with all top 20 coins up today, according to CoinMarketCap.Market visualization from Coin360Bitcoin (BTC), the biggest cryptocurrency accounting for around 52 percent of crypto market, has again briefly broke $4,000 point for the fourth time this month, according to CoinMarketCap. At…