Tether has significantly increased its Bitcoin holdings, now comprising more than 66,000 BTC, with an estimated value exceeding $2.8 billion. According to data shared by CryptoQuant founder Ki Young Ju, Tether’s BTC holdings surged to 66,400 from the 57,500 recorded at the beginning of the year—indicating an acquisition of approximately 8,900 BTC in the final …
Yearly archives: 2024
TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
Embattled TrueUSD (TUSD) stablecoin attributed the asset’s recent price deviations from the $1 peg to the “community mining activities associated with Binance Launchpool,” which resulted in “short-term arbitrage opportunities.” TUSD’s value has recovered to $0.9904 as of press time after falling to as low as $0.9708 during the past day, according to CryptoSlate’s data. Addressing price …
BlackRock on track to surpass Grayscale Bitcoin holdings in 37 days
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One-third of GBTC outflows could be redirected to Spot Bitcoin ETFs: Bloomberg Analysts
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dYdX native token surpasses $3 as it becomes top DEX by daily volume
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BlackRock eyes blockchain beyond Bitcoin through smart contract supply chains
In an interview at the recent VettaFi CryptoCurrency Symposium, Jay Jacobs, U.S. Head of Thematics and Active Equity ETFs at BlackRock, highlighted the journey to launching the iShares Bitcoin Trust ETF (IBIT) and BlackRock’s longer-term view on blockchain. Development of the iShares Bitcoin Trust, he explained, stemmed from client demand for incorporating diverse asset classes …
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Newborn Nine Bitcoin ETFs hit record $914 million inflow in a single day
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Kraken CEO David Ripley Says Spot Bitcoin ETFs Will Help Grow the Overall Crypto Industry – Here’s Why
The CEO of US-based crypto exchange Kraken says the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a bullish impact on the crypto industry. Last week, the U.S. Securities and Exchange Commission (SEC) greenlighted BlackRock, Fidelity, Grayscale, VanEck, Bitwise, Franklin, Valkyrie, Hashdex, Ark Invest, WisdomTree and Invesco Galaxy to offer spot Bitcoin ETFs. …
Top Crypto Trader Says Ethereum Challenger Solana Gearing Up for a Double-Digit Rally – Here Are His Targets
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Ethereum (ETH) competitor Solana (SOL). The analyst pseudonymously known as Bluntz tells his 237,000 followers on the social media platform X that Solana might soar more than 39% from its current value. “I think SOL might be gearing up for a leg up …
Donald Trump Vows To Stop CBDC Creation In U.S., Calls It “Dangerous Threat To Freedom”
Former President Donald Trump promised to ban the creation of a central bank digital currency (CBDC) if he regains office. “This would be a dangerous […] Go to Source
Analyst Says Ethereum-Based Altcoin Set To Skyrocket by Over 100%, Updates Outlook on Chainlink and Fetch.ai
A widely followed crypto analyst and trader is bullish on a top-100 altcoin by market cap. The analyst pseudonymously known as Altcoin Sherpa tells his 205,600 followers on the X social media platform that he feels “very strongly” that the native token of the non-fungible token (NFT) marketplace and aggregator platform Blur (BLUR) will exceed …
Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debut
Bitwise Bitcoin ETF Trust (BITB) has swiftly surged to an impressive $370 million in assets under management (AUM) within its inaugural four days of trading. Hunter Horsley, the CEO of Bitwise, shared this milestone on Jan. 18 via social media platform X (formerly Twitter), noting a remarkable influx of $68 million designated explicitly for Bitcoin …
Texas freeze leads to dip in Bitcoin hash rate
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Bitcoin’s $3 billion surge in short-term holder activity
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Trump pledges to block Central Bank Digital Currency if elected for second term
Former U.S. President Donald Trump vowed to prevent the introduction of a Central Bank Digital Currency (CBDC) if re-elected, according to a Jan. 17 speech in New Hampshire. Trump vehemently opposed the idea of a CBDC, labeling the currency as a potential tool for government tyranny and a means for the government to exert complete …
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