Cryptocurrency News

Bitcoin experienced a significant surge, hitting a record high of just above $94,000 on Tuesday afternoon. This dramatic increase has occurred in the two weeks following Donald Trump’s victory in the presidential election. According to the crypto tracker CoinMarketCap, Bitcoin’s price moved as high as $94,000 in afternoon trading. Previously, it had reached a record […]

Tether Holdings, issuer of the largest stablecoin by market capitalization, on Wednesday reported a $5.2 billion profit and a massive stash of U.S. Treasurys in the first half of the year in its latest attestation report. Key Takeaways: Tether’s latest attestation reports $5.2 billion in profits for the first half of 2024 and an all-time

The cryptocurrency market experienced a relatively stable day on Wednesday, with Bitcoin and Ether trading flat. Bitcoin remained steady around $66,000, while Ether traded slightly under $3,300. Spot ether exchange-traded funds (ETFs) experienced a shift from net outflows to daily net inflows, marking their second day of positive inflows at $33.7 million. BlackRock’s iShares Ethereum