In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are […]
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Cryptocurrency prices experienced some volatility on Tuesday as a risk-off sentiment prevailed in the market. Bitcoin rose to the key resistance point at $53,000 and then pulled back sharply to about $51,000. Most altcoins and […]
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Ethereum has rallied over 20% in recent weeks, approaching the psychologically crucial $3,000 level. Propelling this surge are a mix of positive developments and speculation around Ethereum’s future potential as a mainstream investment asset. However, […]
PIXEL, the Ethereum token of popular blockchain game Pixels, has racked up more than $1.2 billion worth of trading volume since launching Monday morning, according to data from CoinMarketCap. That makes it the 10th most-traded […]
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar […]
Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold […]
The UK government appears to be considering an ambitious six-month timeline to implement new regulations governing stablecoins and staking services for cryptoassets. This initiative comes as the nation braces for a forthcoming general election, with […]
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