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news-imageJuly 17, 2024

Tether Treasury's 1 Billion USDT Minting on Tron Network: Potential Boost for Bitcoin Price

Tether Treasury has recently minted 1 billion USDT on the Tron Network, marking another milestone in its year-long pattern of large-scale stable coin issuance. This latest event, occurring approximately ten hours ago, follows a similar minting just 30 days earlier and adds to the 31 billion USDT injected into the market over the past year.
Publisher: The Currency Analytics
Sentiment: Positive
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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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