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 […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed .5B in 4 days

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Tether to Perform $2 Billion USDT Chain Swap to Ethereum

November 7, 2024 Bitcoin.com

Tether to Perform Billion USDT Chain Swap to Ethereum

bitcoin.com

Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

October 13, 2024 Bitcoin.com

bitcoin.com

In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S. allows its “phony economy” to […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

September 10, 2024 Bitcoin.com

bitcoin.com

Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron, […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Tether Posts $5.2 Billion Profit in First Half of 2024

July 31, 2024 Bitcoin.com

Tether Posts .2 Billion Profit in First Half of 2024

audit

Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise in group equity. Tether Reveals Mid-Year Financials The largest stablecoin issuer […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom

July 18, 2024 Bitcoin.com

Bitcoin

Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes Seller Exhaustion in Bitcoin Markets, Despite Low Stablecoin Liquidity In the past week, […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency

May 10, 2024 Bitcoin.com

bitcoin.com

Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing a study of 334 historical currency pegs, suggested that most stablecoins will face significant challenges […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks

May 3, 2024 Bitcoin.com

Altcoins

Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply. TON Blockchain Sees 70 Million Increase […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports

April 27, 2024 Bitcoin.com

bitcoin.com

Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Tether Expands to TON Blockchain With $60M USDT Launch

April 22, 2024 Bitcoin.com

Tether Expands to TON Blockchain With M USDT Launch

bitcoin.com

Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT) stablecoin on TON, with cross-border payments touted as free, […]

Tether (USDT)