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news-imageJuly 19, 2024

Tether Mints $1 Billion USDT: A Bullish Signal for Bitcoin and Cryptocurrency Markets

Whale Alert, a platform known for tracking large cryptocurrency transactions, reported Tether's minting of $1 billion USDT from its treasury reserves. This news sent shockwaves through the market, triggering immediate reactions from investors and analysts alike.
Publisher: The Currency Analytics
Sentiment: Positive
BTC
USDT

More News Articles

Negative
cover-imageCoinPedia
November 26, 2024

Why is Bitcoin Going Down?

Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin.

Positive
cover-imageCoinPedia
November 26, 2024

Marathon Digital Mirrors MicroStrategy with Massive Bitcoin Investments

Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.

Positive
cover-imageCoinPedia
November 26, 2024

Rumble Bitcoin Investment: A $20M Move into Crypto

Following Microstrategy's plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin.

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