Crypto Currency

Tether Records Staggering $1.1 Billion Profit Amid Bitcoin Boom

Tether, the leading issuer of the world’s largest stablecoin, USDT, has capitalized significantly on the recent surge in Bitcoin (BTC) prices, reaping substantial profits. With its current Bitcoin holdings valued at an impressive $2.4 billion, USDT has accrued a profit exceeding $1.1 billion. The remarkable ascent of BTC prices…

Published 2 years ago in
Tether Records Staggering $1.1 Billion Profit Amid Bitcoin Boom

Tether, the leading issuer of the world’s largest stablecoin, USDT, has capitalized significantly on the recent surge in Bitcoin (BTC) prices, reaping substantial profits. With its current Bitcoin holdings valued at an impressive $2.4 billion, USDT has accrued a profit exceeding $1.1 billion. The remarkable ascent of BTC prices…
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Crypto Currency

Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC

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Published 5 hours ago in
Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC
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Crypto Currency

CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…

Published 5 hours ago in
CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…
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Crypto Currency

XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…

Published 5 hours ago in
XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…
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Crypto Currency

Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets. The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…

Published 5 hours ago in
Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets.
The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…
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