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Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...
Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE
7.12.2023
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BoE said in its bi-annual report
Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil
7.12.2023
Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong demand across Latin America for access to dollars...
Bitcoin Price Prediction: $44,000 Hike, ETF Buzz, and Blackrock Update
7.12.2023
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to capture the attention of investors and market analysts alike. Currently trading at $44,002, marking a modest increase of 0.15% on Thursday, Bitcoin stands at the forefront of significant developments in the digital currency...
Bitcoin Price Prediction as Billionaire Michael Saylor’s BTC Holdings Surpass $2 Billion in Profit – Time to Buy?
7.12.2023
In the constantly evolving landscape of cryptocurrencies, Bitcoin has recently hit a notable milestone, surging past $44,000 and marking a staggering 160% increase this year. This surge is primarily fueled by two pivotal factors: the growing optimism over the anticipated US approval of a Bitcoin...
Bitcoin Price Prediction: Surges Past $44K, El Salvador Sees Soaring Returns on BTC Investment
6.12.2023
In an electrifying leap forward, Bitcoin‘s valuation surged past the $44,000 mark, trading at $43,858 with an impressive nearly 6% increase on Wednesday. This ascent comes after a “jet-fueled” 16% climb over six days, underscoring the cryptocurrency’s robust performance....
IRS Reports Increase in Digital Asset Tax Investigations
5.12.2023
The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies becoming more mainstream, according to the IRS:CI’s annual report released Monday. What the findings show The report states these digital asset...
Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
5.12.2023
Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including...
Robinhood Reports a 75% Surge in Crypto Trading Volume in November
5.12.2023
Source: DALL·E Robinhood has reported a substantial 75% increase in cryptocurrency trading volume for November compared to October, highlighted in a recent filing with the U.S. Securities and Exchange Commission (SEC). In their detailed 8-K update to the SEC, Robinhood’s significant uptick...
Bitcoin Price Prediction: $42K Breach as US Defense Eyes BTC
5.12.2023
In a remarkable milestone, Bitcoin has surged to a trading value of $41,740, marking a 2.75% increase on Tuesday. This notable upswing sees the cryptocurrency breaching the $42,000 threshold for the first time since April 2022, a significant moment that underscores the growing mainstream acceptance...
Tether’s Bitcoin Holding Profit Surges to $1.1 Billion as Leading Cryptocurrency Surpasses $42,000
5.12.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin, has witnessed a significant increase in the value of its Bitcoin (BTC) reserves, surpassing $1 billion in profit. According to data accumulated by crypto analyst EmberCN, Tether currently holds 57,576 BTC, equivalent...
The Rising Star of Crypto: A New Challenger Emerges, Competing with Ethereum Classic and Shiba Inu
5.12.2023
TLDR Rebel Satoshi ($RBLZ) presents a chance to earn 150% ROI to investors. Experts believe Ethereum Classic (ETC) could rise to $30 in January. Market analysts are hopeful that Shiba Inu (SHIB) could reach $0.000009800 in the coming weeks. Ethereum Cooperatives recently unveiled the Ethereum...
Coinbase CEO Alleges Bitcoin May Be the “Key to Extending Western Civilization”
4.12.2023
Coinbase CEO Brian Armstrong claims Bitcoin “may be the key to extending Western Civilization,” according to a series of posts made from his X account Sunday night. “An antidote to inflation” “The natural trend of whichever country has the reserve currency is to inflate the money supply...
Coinbase, Microstrategy Shares Surge as Bitcoin Resumes Rally
4.12.2023
Image Source: Adobe Shares of public crypto companies listed in the US experienced a surge on Monday as Bitcoin (BTC) surpassed $42,000, reaching a new high for the year. Popular crypto exchange Coinbase saw a 7.3% surge before the market opened. Despite reporting a decline in third-quarter...
Shiba Inu Price Prediction as Meme Coins See Double-Digit Gains – Time to Buy?
4.12.2023
Source: Dall•E 3 The Shiba Inu price has jumped by 10% in the past 24 hours, with the meme token’s rise to $0.00000934 coming as the market as a whole gains by 4% today. This increase puts SHIB up by 18% in the last 30 days, with the coin also having appreciated by 15% since […]
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Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Bitcoin Price Prediction: BTC Soars 3.5%, Fed Cuts Stir USD, Zodia Joins Ripple’s Network
4.12.2023
In a striking display of market dynamics, Bitcoin’s price surged to $40,630, marking a notable 3.50% increase on Monday. This uptrend in Bitcoin’s value coincides with a weakening US Dollar, as market speculation intensifies around potential Federal Reserve rate cuts. Adding to...
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
4.12.2023
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache...
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
4.12.2023
On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak that the cryptocurrency hadn’t seen in 20 months....
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
2.12.2023
Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at...