Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B
Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion.
Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion.
Original source
Read on CointelegraphRelated market context
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
SpaceX’s $75 Billion IPO at $135 Sparks Fresh Crypto Bets
Key Takeaways: SpaceX’s IPO was priced at $135 a share to raise a record $75 billion. Offering will value the company at about $1....
XRP aims for $0.90 as ETF demand battles selling pressure from whales
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Tether’s Brief Overtaking of Ether in Value Signals Crypto Market Stress
USDT briefly surpassed Ether in market cap last weekend, signalling investor flight to safety amid Bitcoin's worst week since FTX...