Tether Estimates Net Profits for 2024 to Exceed $10 Billion

December 23, 2024 Bitcoin.com

Tether Estimates Net Profits for 2024 to Exceed Billion

bitcoin.com

Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for Tether in 2024 Tether, the largest stablecoin issuer in the world, is expected to end the year with net profits of over $10 billion, according […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Crypto Hedge Funds Are Quietly Getting Debanked, Survey Shows

December 23, 2024 Bitcoin.com

bitcoin.com

Coinbase’s Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation Chokepoint 2.0 Targets Crypto Hedge Funds Three quarters of 160 crypto hedge funds polled, reported difficulty accessing banking services according to a recent survey – and Coinbase is not very happy about it. The survey […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Tokyo-Based Metaplanet Secures $60.6 Million for Bitcoin Treasury

December 20, 2024 Bitcoin.com

Bitcoin

Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen. This follows a previous tranche […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Bitcoin Scarcity Could Fuel $1.5M Price, Cathie Wood Declares

December 20, 2024 Bitcoin.com

Bitcoin

Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030. Ark Invest’s Wood Envisions […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

A Crypto First: Hybrid Spot Bitcoin-Ethereum ETFs From Hashdex and Franklin Templeton Approved by SEC

December 20, 2024 Bitcoin.com

Bitcoin

The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Solana’s Dapps Revenue Hits Record $365 Million

December 19, 2024 Bitcoin.com

Solana’s Dapps Revenue Hits Record 5 Million

bitcoin.com

The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana’s decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana’s total dapp revenue of $365 million exceeded Solana’s network revenue of $92 million. Over […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Metamask Launches Pilot Program for Metamask Card in the United States

December 19, 2024 Bitcoin.com

bitcoin.com

The Metamask card allows crypto holders to make everyday purchases with crypto directly from the Metamask wallet. Metamask Card Launches in the U.S. Metamask, one of the popular crypto wallets has announced the kickoff of its limited pilot program for the Metamask card in the U.S. The Metamask card allows crypto users to spend cryptocurrency […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Crypto Resilience: ETFs Attract Millions Despite Market Woes

December 19, 2024 Bitcoin.com

Bitcoin ETFs

On Wednesday, Dec. 18, the 12 spot bitcoin (BTC) exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as the broader cryptocurrency market faced a downturn and bitcoin briefly dipped below $100,000. Ether ETFs Record Modest Gains as Bitcoin Funds Shine Both spot bitcoin ETFs and their ether (ETH) counterparts reported gains on Dec. […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Hut 8 Joins $1 Billion Bitcoin Reserve Club With $100 Million BTC Purchase

December 19, 2024 Bitcoin.com

Bitcoin

Hut 8’s strategic bitcoin reserve of over 10,000 BTC has been achieved through low-cost production and strategic at-market purchase. 990 Bitcoin Purchase Pushes Hut 8’s Holdings Past $1 Billion Net Worth Hut 8, one of North America’s largest bitcoin miners has announced the purchase of 990 BTC at an average cost of $101,710 per bitcoin. […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Binance SOL Liquid Staking Token Surpasses $1 Billion in Total Value Locked

December 18, 2024 Bitcoin.com

Binance

Binance’s BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token. The token recently crossed $1 billion in total value locked (TVL), representing more than 10% of the market cap of all […]

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