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Month: July 2024

Tether

USDT Issuer Tether Reports $5B Profit in H1, Says Its US Treasury Holdings Surpassed Germany’s

July 31, 2024 admin 0

Tether Investments, the entity established as a separate division from the stablecoin business to manage the company’s growing foray into bitcoin (BTC) mining, artificial intelligence and other investments, has a $6.2 billion net equity value, […]

Bitcoin

Bitcoin (BTC) Keeps Weekly Loss as ‘Anti-Risk’ Yen (JPY) Strengthens After Bank of Japan Rate Hike

July 31, 2024 admin 0

Bitcoin held steady near $66,000, nursing a weekly loss of 2% on expectations for renewed rate cuts from the U.S. Federal Reserve. That spurred demand for the “anti-risk” yen, sending the USD/JPY rate down to […]

Ethereum

Ether ETFs Saw $340M of Negative Outflows in Their First Week

July 29, 2024 admin 0

More than $1.5 billion of exits from Grayscale’s high-fee Ethereum Trust more than offset inflows into the other spot products. This news is republished from another source. You can check the original article here.

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