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Tether reports record $4.52 billion profit in Q1 despite shrinking market share

Stablecoin issuer Tether (USDT) achieved a historic net profit of $4. 52 billion in the first quarter despite facing a significant drop in market share. Record net profit According to the attestation report shared with CryptoSlate, the firm’s substantial profits chiefly originated from its US Treasury holdings, supplemented by gains from its Bitcoin and gold investments. дальше »

2024-5-2 20:29


MicroStrategy’s Michael Saylor Rakes In $400M From Bitcoin Investments, Report Reveals

Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way.  Saylor Turns $1 Salary Into $400 Million According to a Fortune Magazine report, Saylor has reportedly pocketed an estimated $400 million from pre-planned daily sales of […] дальше »

2024-4-30 21:00


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate. дальше »

2024-4-30 11:32


Crypto Analyst Says A Full Blown Altseason Might Be On The Horizon: Points To The Interesting Ethereum/Bitcoin Chart Structure

According to a recent tweet by analyst Alex Wacy, the ETH/BTC chart is signaling a potential strong momentum ahead, suggesting that a full-blown altseason might be on the horizon. Since October, altcoins have been gradually gaining momentum alongside the overall market, but they have not yet fully flexed their strength. дальше »

2024-4-30 11:00


Ethereum Regulatory Saga: Court Filings Expose SEC Chair Gensler’s Stand

Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets.   According […] дальше »

2024-4-30 04:00


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Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Santiment, the number of Bitcoin investors has sharply increased recently. дальше »

2024-4-30 03:00


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SEC suspected Ethereum was a security since 2018, new Consensys documents reveal

The Gary Gensler-led Securities and Exchange Commission (SEC) began investigating Ethereum’s security status last year, according to an April 29 court filing by Consensys. The filing disclosed that Gurbir Grewal, the Director of the Division of Enforcement, sanctioned the Formal Order of Investigation concerning ‘Ethereum 2. дальше »

2024-4-29 19:45


Ripple Dominance Drops 70% Since July Pump: Analyst Shares Insights On XRP’s Future

Ripple (XRP) dominance, a measure of XRP’s market share relative to the total cryptocurrency market capitalization, has experienced a significant decline of nearly 70% since the July pump. However, according to analyst EGRAG Crypto, while a final shakeout might see XRP dominance dip into the Yellow Box, subsequent events could be explosive. дальше »

2024-4-29 19:25