Tether has announced a new strategy of buying bitcoin from their profits to add to the $1.5 billion BTC purchased in Q1 2023. “Tether will regularly allocate up to 15% of its net realized operating pr...
Category: Bitcoin
Live Bitcoin News Updates.
Investors Track Pepecoin (PEPE) Whales Amid Meme Coin Mania as Bitcoin (BTC), Ether (ETH) Stagnate
This wasn’t the only example. Bizarrely named meme tokens like RIBBIT, BOB, JEFF and WEN all experienced massive spikes in volume over the weekend. Amid this rush into meme coins, overall volume...
Bitcoin (BTC) Might Face Plunge to $24,000 If This Level Breaks
Bitcoin (BTC) maintained trading marginally lower and remained below $27,000 on Wednesday as investors closely watched for indications of the U.S. economy. According to data from CoinMarketCap, the bi...
Crypto Market Rally is Over, Bitcoin Will Fall to $12K – Analyst
CryptoCapo said the recent price rally across the cryptocurrency market has ended. According to CryptoCapo, the recent rally is a retracement in a continuing bearish trend. The analyst predicts Bitcoi...
Bitcoin Prices Fall Deeper Into Correction. It Could Be Headed to These Levels.
Text size Bitcoin prices failed to hold on to the key $30,000 zone after breaching that level last month. Dreamstime Bitcoin and other cryptocurrencies slipped again on Wednesday, falling further from...
Dieter Wermuth: Bitcoin Is a Complete Waste of Investor Funds
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Dieter Wermuth – a noted economist and partner at Wermuth Asset Management – explained in a recent note that he th...
Bitcoin Adoption Surges as Unique Addresses Holding BTC Cross One Million Mark
Bitcoin ($BTC) adoption has accelerated in recent months, with the total number of unique addresses holding at least one BTC surpassing one million for the first time. According to blockchain data sha...
Tether’s Latest Investment Strategy: Make Profits, Buy Bitcoin
Stablecoin issuer Tether said Wednesday it intends to regularly allocate up to 15% of its net realized operating profits towards purchasing bitcoin, which it will custody itself. The company said, in ...
IOVLabs Introduces $2.5M Grant Program and Scaling Bitcoin Hackathon
IOVLabs, a prominent leader in the blockchain technology space, has launched a $2.5 million strategic grants program to promote the growth and use of Rootstock, the first Bitcoin sidechain and a burge...
Bitcoin a Top Three Asset if US Defaults – Trustnodes
Bitcoin is among the top safe haven assets according to a poll for traditional finance by Bloomberg. In case of default, gold is the preferred choice of investment managers and the wider public at 51%...
Tether bets big on Bitcoin plans to invest up to 15% of profits in BTC
Since its launch in 2014, Tether (USDT) has become one of the biggest players in the cryptocurrency world. The stablecoin is now widely used by traders and investors as a means to move funds between c...
Tether To Invest Monthly Net Profit Into Bitcoin
Crypto News: As part of a new investment strategy centered around the world’s largest cryptocurrency by market value, stablecoin issuer Tether stated on Wednesday that it would begin purchasing Bitcoi...
IOVLabs Launches a $2.5M grants program and the Scaling Bitcoin Hackathon to usher in new builders
Miami, USA, May 17th, 2023, Chainwire IOVLabs, one of the global blockchain technology leaders, announced the launch of a $2.5 million strategic grants program to further enhance the development and a...
New survey says Bitcoin is safer than the US dollar — Watch The Market Report
On today’s episode of The Market Report, analyst and writer Marcel Pechman discusses if Bitcoin (BTC) is safer than the United States dollar, considering the U.S. government’s risk of defaulting on it...
Tether to allocate 15% of its profits to purchase of Bitcoin
The latest Tether news is that the company behind the leading stablecoin in the market USDT, is looking to allocate a portion of its profits towards the purchase of Bitcoin. The “investment strategy [...
Bitcoin Startup River Raises $35 Million in Series B Funding Round
Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. River, a Bitcoin technology and ...
Binance’s share of Bitcoin spot market falls more than half since February peak of 85%
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Performance of Bitcoin and Ethereum today- The Cryptonomist
What is the crypto market sentiment today and how is the trend of the most prestigious crypto assets: Bitcoin and Ethereum? Below are all the details about it. Trend of Bitcoin and Ethereum today: b...
IOVLabs Introduces a $2.5M Program to Boost the Development of Bitcoin’s Sidechain Rootstock
IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the adoption of Rootstock. The latter is a sidechain tied wit...
SEC Slams Bitcoin Miner Marathon Digital With Another Subpoena As Firm Shares Its Quarterly Report ⋆ ZyCrypto
Advertisement     Crypto mining firm Marathon Digital Holdings has been served with a second subpoena over potential security law breaches in its Montana data center. ...
Nikolaos Panigirtzoglou on Why Bitcoin Is Jumping Up So Fast
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Nikolaos Panigirtzoglou – a global market strategist with JPMorgan, one of the biggest finance giants in the world...
Tech enthusiast converts Bitcoin miner into heater to grow cannabis
With the rapid expansion of the cryptocurrency industry, many people see mining Bitcoin (BTC) as a great way to increase their income, but some of them use mining devices for less conventional ways – ...
Billions Of Dollars Tokenized Bitcoin Moved To Ethereum, BSC, And Solana
More than 70% of all tokenized Bitcoin, worth over $4.3 billion, have been transferred to Ethereum, according to data from Cryptoflows. This migration highlights a growing trend of utilizing Bitcoin w...
Tether to buy Bitcoin based on monthly net profits
Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer plans to strengthen its reserves with the ...
Tech enthusiast converts his Bitcoin miner into heater to grow cannabis
With the rapid expansion of the cryptocurrency industry, many people see mining Bitcoin (BTC) as a great way to increase their income, but some of them use mining devices for less conventional ways – ...
Tether USDT to strengthen reserves with Bitcoin purchase
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Tether buys $222 million worth of bitcoin to back its USDT stablecoin
Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | ...
Bitcoin Price Dips Below $27k: Will Bears Continue To Dominate?
After briefly teasing below $26k last week, the Bitcoin price continued with a bearish sentiment on Wednesday. According to the latest crypto market data, Bitcoin price dropped down about 1.1 percent ...
Allocating 15% of Net Realized Operating Profits Regularly in BTC
Tether – the company behind the largest stablecoin by means of total market cap – USDT – will be buying Bitcoin. It joins the rank of other large corporations by adding the primary cryptocurrency to i...
Bitcoin Price Trapped In Narrow Range as Market Uncertainty Increases; What’s Next $30k or $25k?
Published 41 mins ago Over the past five days, the Bitcoin price has been wobbling in a narrow range of $27300-$26700, creating a sense of uncertainty in the crypto market. During this period, the coi...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase t...
USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It means that the firm considers “only the tangible ...