• download
    Download
  • language
    Language English
  • currency
    Currency $ USD

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
  • lei RON
  • ₹ INR
  • AUD
news-imageApril 1, 2025

Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billion

Tether, the issuer of the world's largest stablecoin USDT, acquired 8,888 Bitcoin in the first quarter of 2025. According to crypto analytics firm SpotOnChain, the purchase is worth approximately $735 million and raises Tether's total Bitcoin holdings to 92,647 BTC, valued at around $7.64 billion.
Publisher: CryptoSlate
Sentiment: Positive
BTC
USDT

More News Articles

Positive
cover-imageCrypto Economy
April 2, 2025

Bitcoin at $85K: Long-Term Holders Show No Signs of Selling

TL;DR Most investors who bought Bitcoin between 2020 and 2022 are still holding, while more than 66% of those from 5-7 years ago sold in December. The share of speculative investors remains at 40%, far from the 70%-90% seen in previous cycles, indicating less market euphoria.

Negative
cover-imageCointribune
April 2, 2025

Can Bitcoin Bring Down Banks?

Finance is undergoing a silent yet brutal metamorphosis. Bitcoin, born from the shadows of the 2008 crisis, today embodies a revolution that shakes the foundations of banks.

Positive
cover-imageCointelegraph
April 2, 2025

Grayscale launches two new Bitcoin outcome-oriented products

Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs).According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility: “Both strategies may be considered as an alternative income stream that's less correlated to traditional income-oriented investments.

Positive
cover-imageBitcoinist
April 2, 2025

Japan's Metaplanet Doubles Down On Bitcoin With 160 BTC Buy

Metaplanet has purchased an additional 160 Bitcoin worth $13.39 million, pushing its total holdings to 4,206 BTC, according to Metaplanet CEO Simon Gerovich. The Japanese company paid about 12.49 million yen ($80,063) per Bitcoin in this latest acquisition, according to a statement released April 2.

Positive
cover-imageBenzinga
April 2, 2025

This Nasdaq-Traded Bitcoin Miner Has Been Profitable Since 2021

The provider of digital asset mining services is growing its portfolio of self-operated mining machines and data centers as high crypto prices fuel strong revenue and earnings gains Key Takeaways: BitFuFu's revenue grew 63% in 2024, as its annual net profit surged more than fivefold The provider of digital asset services is benefitting from the latest cryptocurrency boom, and is now looking to boost its own mining operation to improve profitability The good times are rolling for BitFuFu Inc. (FUFU.US), which isn't showing any signs of settling for the status quo. Amid the latest resurgence for cryptocurrencies, including a rise of more than 30% in the price of bitcoin over the last six months, the provider of digital asset mining services is enjoying a big jump in its own profits.

Positive
cover-imageCointribune
April 2, 2025

Why Trump's Tariffs Could Be Beneficial For Bitcoin?

As Donald Trump prepares to announce new tariffs on "Liberation Day," investors are questioning the impact of these protectionist measures on cryptocurrencies. Contrary to initial fears, several financial analysts believe that these tariffs could, in the long run, strengthen Bitcoin's position as an alternative safe haven.

Next Page 1