Tether Books $2.85B Quarterly Profit: ‘We Look Forward To Great 2024,’ Says CEO Paolo Ardoino
Published by Benzinga Tether’s (CRYPTO: USDT) fourth-quarter attestation report recorded significant profits, with a substantial portion coming from the company’s gold and Bitcoin holdings. The stablecoin issuer is looking forward to a promising 2024. What Happened: Tether reported a profit…
Ethereum Surges 8%, Analysts Split Between Bullish ‘Accelerated Phase’ And Underperformance Against Bitcoin
Ethereum (CRYPTO: ETH) is up 8% week-over-week with analysts expecting more upside shortly. However, the currency continues to underperform Bitcoin (CRYPTO: BTC). What Happened: The ETH/BTC chart printed 11 red candles in a row, prompting traders to call for Ethereum…
SCB Silver Bullish prediction that SEC will approve Ethereum spot ETF in May
Divided opinions and opinions after next year Standard Chartered Bank (SCB), a major British bank, predicts that the SEC is likely to approve an Ethereum spot ETF in May. This contrasted with the bearish view of US investment bank TD…
German authorities seize 320 billion yen worth of Bitcoin, largest in the country
seize bitcoins Police authorities in the German state of Saxony announced on the 30th that they seized 50,000 BTC (equivalent to 320 billion yen) of the crypto asset (virtual currency) Bitcoin (BTC) in January. He explained that the bitcoins were…
Bitcoin Enters the Buy Zone: Will This Bring the BTC Monthly Trade Above $43,000 or Down to $42,500?
The post Bitcoin Enters the Buy Zone: Will This Bring the BTC Monthly Trade Above $43,000 or Down to $42,500? appeared first on Coinpedia Fintech News After maintaining an upward trajectory for a couple of days, Bitcoin is undergoing a…
Indian Crypto Users Trend ‘#ReduceCryptoTax,’ Urge Fairer Taxation: Experts Expect ‘Limited Changes’
The hashtag “#ReduceCryptoTax” is trending on social media, as Indian crypto advocates try to argue for fairer regulation of the digital asset space in India. What Happened: In anticipation of the Interim Budget 2024-25, scheduled for presentation by India’s Union…
Bitcoin’s Outlook Amidst Fed Rate Cuts: Insights From JP Morgan & Ryze LabsÂ
The post Bitcoin’s Outlook Amidst Fed Rate Cuts: Insights From JP Morgan & Ryze Labs appeared first on Coinpedia Fintech News Financial markets may be overlooking the Federal Reserve’s commitment to combat potential inflation because it is “too optimistic†of…
German police reportedly seizes $2.1B worth of Bitcoin (BTC)
Police in German have seized 50,000 bitcoin (BTC) worth over $2.1 billion. The seizure relates to an investigation against two people who conducted a website piracy operation in 2013. In latest crypto news from Germany, police are reportedly in possession…
Sam Altman’s Worldcoin Under Investigation In Hong Kong — WLD Down 9%: ‘Dystopian Nightmare,’ Says Trader
Published by Benzinga Worldcoin (CRYPTO: WLD) dropped 9% on Wednesday amid data privacy concerns on its Orbs, leading to an investigation by Hong Kong authorities. What Happened: Worldcoin’s six premises have come under the scrutiny of Hong Kong’s privacy watchdog,…
DeFi Innovations And How They Impact Your Investments
Published by Benzinga DeFi, or decentralized finance, is a term that refers to the use of blockchain technology and smart contracts to create financial services that are transparent, permissionless, and interoperable. DeFi has been one of the most innovative and…