The latest attestation report of global accounting firm BDO backs up stablecoin issuer Tether’s claim that it finally eliminated commercial paper holdings from its reserve in Q4 of 2022. BDO’s indepen...
Tag: Profit
Top Reasons Why Bitcoin Traders Continue to be in Profit Amid the Prevailing Bearish Trend!
Bitcoin rose nearly 40% in the first few weeks of 2023 before plunging into a bearish well. With this, the global market capitalization also dropped finely and may hit the threshold of $1 trillion in ...
Ancient Bitcoin Whale Moves $9,600,000 in BTC at 181,204% Profit in Sudden Awakening
A leading blockchain data monitoring website says a long-dormant Bitcoin (BTC) address is suddenly awakening after nearly 11 years of inactivity. According to BitInfoCharts, the address, which was las...
USDT Issuer Tether Reports $700 Million Profit in Q4 2022
9 hours ago | 2 mins read Editors News At the end of the year, Tether had no commercial paper outstanding. Paolo Ardoino said that Tether is increasing spending on education. According to its most rec...
Tether Reports $700 Mn Profit, Ends Commercial Paper Exposure
Tether Holdings Limited, issuer of the world’s largest stablecoin USDT, on Thursday reported a $700 million profit made in the fourth quarter, as per its latest attestation report. The consolidated as...
The Economics Tavern For Business Leaders Focusing On Profit Drivers
Crowded tavern getty Economic news comes out frequently, creating a cacophony of often-conflicting trends, dominated by the scariest items. Business leaders must understand the economic issues driving...
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
Stablecoin giant Tether records surprise $700 million profit
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top ...
Tether Books Profit Of $700 Million, Exceeds The Expectations
Tether has reported 700 Million Dollar in the fourth quarter of 2022 in a report on its website Tether currently no longer holds any commercial paper or any short-time unsecured loan and has met its d...
Tether reports $700 million Q4 net profit in latest attestation report
Stablecoin issuer Tether released its latest attestation report on Thursday, reporting a profit of $700 million in the fourth quarter of 2022, which it reinvested into its reserves. “Tethe...
11-Year Dormant Bitcoin Wallet Strikes with 200,000% Profit in Surprise Awakening
In a tweet posted on February 8th, PeckShieldAlert claimed that a Bitcoin wallet that had been idle for almost 11 years was once again accepting Bitcoin transactions as of today. Upon awakening, the w...
Jim Cramer is bullish on Uber stock after a surprise Q4 profit
Uber Technologies Inc (NYSE: UBER) is trading up this morning after reporting a surprise profit for its fourth financial quarter. Uber stock up on strong guidance Shareholders are also rewarding the r...
Big 5 oil companies bank nearly $200 billion of profit in 2022, $22 million per hour
What is that saying about life not being fair? In a pill that is rather tough for a lot of people to swallow, big oil companies have announced stellar earnings for 2022, a year in which the world face...
MakerDAO manages to increase profit to $19 million
The year 2022 turned out to be not at all in favor of MakerDAO. It painted quite a solemn picture for the second-in-line DeFi protocol. It happened to have witnessed a full 79% downfall in terms of op...
Bitcoin: For the first time since April 2022, BTC holders see profit
The recent rally in BTC’s price has put many holders in profit. Many holders are, however, inclined to sell, rather than hold. In the first 30 days of 2023, Bitcoin’s price rallied significantly, caus...
Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending
A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...
Hertz (HTZ) Q4 2022 profit beats Wall Street estimates
Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company ...
Mizar Introduces Powerful Smart Trading Terminal for Profit Mazim…
Nassau, Bahamas, 7th February, 2023, Chainwire Mizar has announced the release of its smart trading terminal. The software solution saves traders from having to constantly monitor the market and from ...
VRTX Stock: Guidance Upbeat After Quarterly Profit Beat, Sales In Line
Vertex Pharmaceuticals (VRTX) offered an upbeat outlook Tuesday for its bread-and-butter cystic fibrosis medicines, but VRTX stock fell on sales that just met forecasts. X During the December quarter,...
BP Posts Record 2022 Earnings, Biggest Profit In 114-Year History
BP plc (NYSE: BP) reported record 2022 earnings amid growing calls for the U.K. government to boost taxes on companies profiting from the high price of oil and natural gas after Russia invaded Ukraine...
Dogecoin Wallet Revives After 9 Yrs, How Much Profit It Made
Data shows a Dogecoin wallet has suddenly come alive after being dormant for 9 years. Here’s how much profit its holder would have made. Dormant Dogecoin Wallet Has Abruptly Revived After 9.1 Years As...
BNB Chain’s 2022 Q4 report- What BNB holders should know to make a profit
The active addresses and transactions count of BNB increased in the last quarter. TVL and NFT ecosystems witnessed a decline. Messari recently published Binance Coin’s [BNB] 2022 Q4 report, which hig...
Dogecoin consolidates above 200 EMA with profit booking at $0.1!
Dogecoin is a decentralized, peer-to-peer digital currency based on the popular “DOG” meme. The stability of any Dogecoin is highly dependent on market demand. It can be subject to rapid and significa...
How to Make a Profit in Crypto Trading – Cryptopolitan
Alden Baldwin Journalist, Writer, Editor, Researcher, and Strategic Media Manager: With over 10 years of experience in the digital, print and public relations industries, he has been working with the ...
LPL Financial Profit Soars, Advisor Headcount Rises
LPL Financial Holdings’ fourth quarter reported profits soared 199% year over year, thanks in part to lower expenses and a surge in net interest income. The company reported fourth quarter net income...
Over 60% of Dogecoin Holders in Profit While Majority of Shiba Inu Investors Sitting on Losses: IntoTheBlock
A leading blockchain analytics firm reveals that more than 60% of meme token Dogecoin (DOGE) holders are in profit while the majority of rival meme token Shiba Inu (SHIB) owners are in the red. Accord...
Cigna stock bounces after profit tops expectations, while revenue comes up shy
Shares of Cigna Corp. CI, -3.75% bounced 1.1% in premarket trading Friday, after closing the previous session at a 3 1/2-month low, after the health insurer reported fourth-quarter profit that topped ...
Ford logs $2 billion loss in 2022, says profit was left ‘on the table’
Ford Motor Co. late Thursday reported a $2 billion loss for the year and mixed quarterly results, blaming “deeply entrenched” shortcomings around costs and systems that put the brakes on its hopes to ...
Penn sports betting business posts fourth quarter profit
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the...
ConocoPhillips stock edges up as profit and production rose, but came up shy of expectations
Shares of ConocoPhillips COP, -4.76% edged up 0.3% in premarket trading, after the energy exploration and production company reported fourth-quarter profit and production that rose, as realized prices...