Tether Snaps Up More Bitcoin, Brings Holdings to $2.8 Billion
The stablecoin issuer continues to load up on Bitcoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of...
Circle and Tether mint $3B in stablecoins in 2 days
The rapid minting of stablecoins by Circle and Tether underscores the growing demand for blockchain-based liquidity, impacting glo...
The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike
Four consecutive sessions of U.S. spot Bitcoin ETF inflows have revived a regulated demand channel just as the U.S. Treasury offer...
Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Pet...
Bitcoin and ether ETFs draw $2.6 billion in strongest inflow week since October, tripling volume
Combined ETF weekly trading volume more than tripled to $29 billion as bitcoin and ether prices rallied, though both categories ar...
Zcash hits eight-year high near $850 with futures volume near $10 billion amid Grayscale ETF push
CoinGlass recorded nearly $10 billion in 24-hour futures volume and $1.76 billion in open interest, indicating that derivatives ma...