Tether Adds Fresh $1 Billion USDT To Supply, Bitcoin To Rally Again?

Based on knowledge from CoinMarketCap, Bitcoin rose by 2.9% on Friday to commerce above $67,000 for the primary time since April 24. This constructive worth efficiency by the maiden cryptocurrency has been attributed to the low inflation ranges reported within the newest Shopper Value Index (CPI) knowledge.  Nevertheless, Bitcoin is an asset topic to the … Read more

Achieves Record Net Profit Of $4.5 Billion In Q1

Tether

Stablecoin issuer Tether, a outstanding participant within the cryptocurrency market behind the broadly used USDT stablecoin, has launched its audit assertion for the primary quarter of 2024, accompanied by a report carried out by impartial accounting agency BDO.  The report, which offers further monetary data past the reserves backing Tether’s fiat-denominated stablecoins, exhibits the corporate’s … Read more