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Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol
30.4.2024
Yield Protocol ceased operations in December 2023, citing challenges with diminishing business demand and mounting global regulatory pressures.
The post Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol appeared first on Cryptonews
Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
The post Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR appeared first on Cryptonews
Bitwise files for Spot ETH ETF but wants SEC to wait till December
1.4.2024
Bitwise has recently filed for a spot in Ethereum ETF with the US Securities Exchange Commission (SEC). The technology solutions provider wants to leverage the success of the Bitcoin ETFs in the US. However, Bitwise has expressed hope that the SEC will wait until December to make the final...
Bitwise’s Matt Hougan Hopes SEC Will Hold Off on Spot Ethereum ETFs Until December
1.4.2024
Bitwise investment chief Matt Hougan expects the investment firm to become an Ethereum ETF kingpin, but strategically desires a December approval for the products instead of a hasty splash in May.
The post Bitwise’s Matt Hougan Hopes SEC Will Hold Off on Spot Ethereum ETFs Until December appeared...
Solana Price Prediction as SOL Reaches Highest Level Since December 2021 – Can SOL Overtake Ethereum?
16.3.2024
Amidst a roaring market, Solana (SOL) soars to new heights since December 2021; can it surpass Ethereum in the race of giants?
The post Solana Price Prediction as SOL Reaches Highest Level Since December 2021 – Can SOL Overtake Ethereum? appeared first on Cryptonews
Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit
7.3.2024
Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...
Bonk Price Prediction as BONK Surges 50% in 24 Hours – $1 BONK Incoming?
29.2.2024
Meme coin BONK has surged 50% in the last 24 hours and nearly 75% in the last week to hit a new two-and-a-half-month high of $0.00002116, according to data from CoinGecko. Although the token is now back within the range it was on December 22 last year, it’s still nearly 40% short of...
South Korean Police Arrest 452 People on Crypto-powered Drug Trafficking Charges
29.2.2024
South Korean police continue to wage “war” on crypto-powered drug trafficking, with officers in the capital Seoul making 452 arrests from June 2022 to December 2023.
The post South Korean Police Arrest 452 People on Crypto-powered Drug Trafficking Charges appeared first on Cryptonews
Bitcoin Price Prediction as BTC Reaches Highest Level Since December 2021 – $250,000 BTC Incoming?
27.2.2024
As Bitcoin soars past December 2021 peaks, whispers of a $250,000 milestone grow louder. Can the digital titan breach this epic threshold?
The post Bitcoin Price Prediction as BTC Reaches Highest Level Since December 2021 – $250,000 BTC Incoming? appeared first on Cryptonews
Pepe Price Prediction as PEPE Pumps Up 30% – Are Whales Buying Again?
27.2.2024
The Pepe (PEPE) price pumped up 30% on Monday, with investors flooding back into the meme coin amid a surge in risk-taking activity across cryptocurrency markets as Bitcoin (BTC) retook $54,000 for the first time since early December 2021.
The post Pepe Price Prediction as PEPE Pumps Up 30% –...
US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport
26.2.2024
The price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the first time since December 2021. 12% of the surge came during US trading hours, as per a report by Matrixport.
The post US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain:...
Bitcoin Long-Term Holders Spend 300k BTC Amid Multi-Year Highs, Losses Thin Out
14.2.2024
Almost all Bitcoin long-term holders are back in the black this week after the leading digital asset resurged above $50,000 on Monday for the first time since December 2021. That’s despite a major market pullback last month following the launch of several Bitcoin spot ETFs, characterized by many...
How Indonesia’s Election Outcome Will Impact Crypto
14.2.2024
Indonesia, a trillion-dollar economy, is impossible to ignore. The country held its election on Wednesday with defence minister Prabowo Subianto and ex-governors Anies Baswedan and Ganjar Pranowo all competing to become the next president. In December, Indonesia’s Mayor Gibran Rakabuming...
Bitcoin Bears Take a Bruising as Price Powers Above $50,000 – Where is BTC Headed Next?
12.2.2024
Source: Dalle-3 Bitcoin (BTC) bears are taking a bruising on Monday as the price powers above $50,000, as BTC continues its momentum after posting its strongest weekly close since December 2021 on Sunday. According to TradingView citing Bitstamp trading data, Bitcoin just traded above $50,000...
CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal
11.2.2024
The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....
As Cardano Price Rises, Spotlight Turns to an Emerging Green Crypto Project
9.2.2024
As the Cardano price rises towards $0.55 and threatens a break back to last December’s highs in the $0.68 area, the spotlight is turning to an emerging green crypto project called eTukTuk. The Cardano price rose through a downtrend that had been in play since December on Thursday. It was last...
While Dogecoin (DOGE) Enjoys Mainstream Appeal, Traders Highlight NuggetRush’s Growing Potential
9.2.2024
TLDR Dogecoin (DOGE) records a significant decline from its late 2023 highs. Analysts say its growing network activity could slow DOGE’s decline. NuggetRush (NUGX) creates a mega buzz within the gaming market after an incredible presale growth. Dogecoin has nosedived significantly, falling from...
Bitmain’s Mining Firm BitFuFu Set to Go Public in the U.S. via SPAC
7.2.2024
BitFuFu, a bitcoin mining firm affiliated with Bitmain, a prominent player in the cryptocurrency mining industry, is advancing towards a public listing in the United States through a merger with a special-purpose acquisition company (SPAC). On December 31, BitFuFu filed an F-4 form with the U.S....
Cardano’s Price Dips Below $0.50 Level – Time to Buy?
6.2.2024
Cardano’s price dipped below $0.50 yesterday by lunchtime EST and continued to sustain the losses throughout most of today. The ADA token posted a dip of about 2% over the last 24 hours and currently changes hands at $0.49. Considering its recent price action, this is somewhat of a comedown....