Tag: COIN:USDTUSD
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Tether’s Division Restructure, Aptos-Microsoft DeFi Collaboration, and More Crypto News
Tether restructures to expand presence in the digital assets market Tether (COIN:USDTUSD), the developer of the world’s largest stablecoin by market value, is expanding into broader areas of digital assets. The company has created four new divisions to diversify its operations: “Tether Finance” to manage the USDT stablecoin, “Tether Power” focused on bitcoin mining investments,…
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Crypto: Toncoin Soars on Tuesday, Mango Markets Fraud Trial, and Latest News
Toncoin escalates in the market with innovations in the TON network and partnership with Telegram Toncoin (COIN:TONCOINUSD), the cryptocurrency of The Open Network, has advanced in the digital asset rankings, propelled by network innovations and collaboration with Telegram. TON, associated with the messaging app, announced a partnership with HumanCode for palm-reading identification. This development, coupled…
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Crypto: Paradigm Seeks Investment for New Web3 Fund, KBW Initiates Cautious Coverage on Robinhood, and Other Updates
Paradigm seeks record funding for new Web3 fund Paradigm, a leading venture capital firm focused on Web3, is advancing to raise a new investment fund, targeting between $750 million and $850 million. This move could mark the largest fund since the crypto market turmoil in May 2022, according to Bloomberg. Paradigm’s step is seen as…
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BTC and ETH Suffer Sharp Decline on Tuesday; Key Crypto Market Events in April, and More News
Key events in the crypto market in April April promises to be a milestone for the cryptocurrency sector, bringing impactful events. We’ll see everything from the reduction in mining rewards for Bitcoin (COIN:BTCUSD) and Bitcoin Cash (COIN:BCHUSD), which affects coin supply and spurs speculative interest, to significant regulatory matters. The legal battle between the SEC…
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SWIFT Innovates in CBDC Solutions, SEC Imposes Billion-Dollar Fine on Ripple Labs, Tether Ventures into AI, and Latest News
Bitcoin swung to over $71,000 in anticipation of the halving Bitcoin (COIN:BTCUSD) climbed to over $71,000 on Tuesday morning, marking a weekly peak, as we approach the anticipated block reward halving. After briefly hitting the mark of $71,582.96, the price retreated and stabilized around $70,181.55 at the time of writing. The appreciation comes amidst a…
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Crypto: Binance Executives Detained in Nigeria, Grayscale’s Bitcoin Mini Trust Proposal and Latest News
Binance top executives detained by Nigeria in financial dispute Tigran Gambaryan and Nadeem Anjarwalla, senior officials of Binance, were detained by Nigeria, according to the Wall Street Journal and Wired, amid accusations against the cryptocurrency exchange. The detention followed the country’s demand for $10 billion from the company for untracked transactions. Arriving in Abuja on…
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Crypto: Meme Coins Dominate Crypto Market, Bitcoin Surpasses $67K, and Latest News
Rise of Bitcoin and impact on the crypto market On Monday, Bitcoin (COIN:BTCUSD) approached its record value, with an increase of almost 6,8%, reaching $ 67.479. Ether (COIN:ETHUSD) also saw a modest increase of 1.6% to $3,581. After a weekend pause, both cryptocurrencies resumed their upward momentum, driven by the introduction of new bitcoin ETFs…
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Crypto: Bitcoin Breaks $57,000; Hut 8 Mining Expands Operations in Texas, and Latest News
Bitcoin surpasses $57K; BlackRock boosts ETF market The price of Bitcoin (COIN:BTCUSD) surpassed $57,000, a milestone not seen since the last market peak in November 2021, accumulating an annual growth of over 30%. The price increase was spurred by ETFs and Bitcoin acquisitions by MicroStrategy (NASDAQ:MSTR), boosting confidence in the digital sector. Bitfinex investors took…
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Crypto: VeChain Leads Weekly Gains, VanEck Slashes Fees, and More
VeChain leads gains in the cryptocurrency market with a 65% increase Bitcoin (COIN:BTCUSD) has recorded a 14.62% increase in the last week, but altcoins stood out with gains exceeding 50%. The highlight was VeChain (COIN:VETUSD), which surged by around 60%. The blockchain, focused on optimizing supply chains and business processes, saw its value skyrocket without…
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Crypto: Tether Records Historic Profit, Co-founder of Ripple’s Accounts Breached, and More
Bitcoin stabilizes after bear resistance Bitcoin (COIN:BTCUSD) has plateaued after bears blocked its growth, keeping the price at $43,578 with a 1.44% increase in the last 24 hours. Analyst Ali Martinez sees this level as a buying opportunity, especially after the MVRV index fell below the 90-day average, indicating potential recovery. On the other hand,…