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The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month,…
At the beginning of last spring, the Wall Street Journal published an investigative article on Tether, Bitfinex, and related companies. The majority stake of both Tether and the Bitfinex exchange…
Tether (USDT), the largest stablecoin by market capitalization, continues its growth by reaching a new milestone of $100 billion. Data from CoinGecko shows that the stablecoin recorded a market cap…
Representatives from crypto giants Coinbase and Circle have urged the U.S. government to crack down on non-compliant international digital asset firms – some of which include their biggest competitors. Grant…
Bitcoin reached a new all-time high in Argentina, soaring to a record valuation of 40 million pesos per BTC. Amidst the backdrop of Argentina’s plummeting peso, which has seen a…
Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this profit stemmed from net operating gains,…
Tether’s (USDT) circulating supply has long been a subject of intense speculation regarding its potential impact on the price of Bitcoin. Recent findings from CryptoQuant suggest a significant correlation between…
Tether (USDT) reserve on Bitfinex has seen a significant increase owing to whales on the platform. According to CryptoQuant’s analysis, the whales on Bitfinex have opted to close their leveraged…
Stablecoin giant Tether quietly bought over $360 million worth of Bitcoin (BTC) at the start of the year, according to on-chain data. The purchase brings the company’s total Bitcoin holdings…
The overall market value of cryptocurrencies has increased, leading to a decline in the dominance of stablecoins. Their share of the total crypto market cap has dropped from 17.3% to…