Crypto
Tether Sees Record US Treasury Holdings Amid Yearly Profit Decline
Tether reports a significant increase in US Treasury holdings while experiencing a drop in profits year on year.
Crypto
Tether-Backed Northern Data Sells Bitcoin Mining Subsidiary to Tether Affiliates
Northern Data, primarily owned by Tether, has divested its Bitcoin mining operations to firms controlled by Tether executives, as reported by the Financial Times.
Business
Tether Explores Tokenization of Equity to Boost Investor Liquidity
Tether is evaluating options for offering liquidity to investors looking to invest in its stablecoin operations as it targets a valuation of $500 billion.
Business
Tether Makes $1 Billion Offer to Acquire Juventus Football Club
Tether, known for its stablecoin, has proposed a bid to purchase Juventus FC, but the offer has reportedly been declined by Exor.
Crypto
Tether's USDT Secures Regulatory Approval in Abu Dhabi
The Abu Dhabi Global Market has recognized Tether's USDT as an accepted fiat-referenced token, a pivotal move for stablecoins in the region.
Finance
Crypto Donor Shatters Record with £9M Contribution to Reform UK
A sizable £9M donation from crypto investor Christopher Harborne marks a historic political contribution in the UK.
Financial Analysis
Bitcoin Plummets to $84K: Is Japan's Bond Market to Blame or Are There Deeper Issues?
The decline of Bitcoin to $84,000 is primarily attributed to concerns surrounding US dollar stablecoins, a faltering global economic outlook, and other factors unrelated to Japan's bond market pressures.
News
Tether Announces Exit from Bitcoin Mining in Uruguay Amid Rising Energy Expenses
Tether ceases its Bitcoin mining operations in Uruguay due to escalating energy costs and a significant debt dispute.
Business
Tether Invests in Parfin to Enhance USDT Usage in Latin America's Institutions
Tether's investment in Parfin aims to boost the adoption of USDT in institutional settings across Latin America.
Crypto News
Crypto Highlights: Developments in Mining, Ferrari's Digital Token, and Rumble's Tipping Feature
Today's crypto update includes increased competition among Bitcoin miners, Ferrari's venture into digital tokens, and Rumble's plan to introduce Bitcoin tipping for its users.
Banking
Pave Bank Secures $39 Million in Funding Round Led by Accel and Tether to Enhance Banking Services
Pave Bank aims to expand its digital banking services following a significant funding round.
Crypto
Tether Achieves Milestone of 500 Million Users, Claims Major Inclusion Impact
Tether has reached 500 million users of its USDT stablecoin, marking a significant step towards financial inclusion, according to CEO Paolo Ardoino.
Business
Tether Aims to Make an Impact at Juventus by Nominating Board Members
Tether confirms its nominees for Juventus' board, including a deputy CIO and a lifelong supporter, marking its deeper engagement with the club after significant investments.
Crypto
Bitcoin Hits New Heights: Major Moves by ICE and Tether
Bitcoin's value surpasses $126,000 while ICE and Tether make significant advancements in the crypto space.
Crypto
Crypto Insights: Bitcoin's New High, ICE's Strategic Move, and Tether's Growth
A look into Bitcoin's recent surge, ICE's investment in Polymarket, and Tether's acquisition of Smartpay.
Crypto
Stablecoins Experience Unprecedented Growth in Q3 with $46 Billion Injection
The third quarter has marked a significant surge in stablecoin adoption with approximately $46 billion injected into the market, led by key players like Tether and Circle.
Crypto
Crypto Biz: Traditional Finance Deepens Its Roots in Blockchain
A look into how traditional finance is integrating blockchain technology, featuring insights on Tether's funding round and regulatory developments.
Finance
The Declining Influence of USDT and USDC in the Stablecoin Market
The dominance of Tether's USDt and Circle's USDC in the stablecoin market is waning, indicating a shift in the industry dynamics.
Crypto
Iran's Central Bank Accumulates $507 Million in USDT to Support Rial
The Central Bank of Iran has amassed a significant amount of USDT amid ongoing protests and increasing cryptocurrency adoption.
Crypto
S&P Adjusts Tether's USDt Stability Score to Lowest Level
S&P Global Ratings has downgraded Tether’s USDt, casting doubts on its ability to maintain its dollar peg, which Tether has called misleading.
