EXCLUSIVE: Tether is now the 11th largest bitcoin holder in the world
it will invest up to 15% of its profits in bitcoin on a regular basis as it shifts its reserves toward crypto and away from U.S. government debt.
"According to Tether's statement, their bitcoin holding is part of the 'Shareholder Capital Cushion,' a liquidity cushion on top of the current market cap of all Tether's tokens. Being a high-beta asset, bitcoin could bring a higher return for Tether and a greater downside," 21. co's Wan told The Block.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Tether a Sunshade to an Asteroid to Slow Down Climate ChangeClimate change is affecting all areas of our planet. A scientist in Hawai'i suggests that we build a giant sunshade to deflect some sunlight.
Consulte Mais informação »
USD Coin (USDC) Market Cap Drops to Two-Year LowsMajor US Dollar Tether (USDT) rival loses over 50% of its peak June 2022 capitalization
Consulte Mais informação »
Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding CashIts dwindling cash balance is probably just Tether_to rolling cash into Treasuries because they yield 5.378% instead of nothing, but the trend isn’t encouraging. Opinion by gckaloudis for The Node.
Consulte Mais informação »
Ether ETF applications flood the SEC as ProShares files the 11thThe SECGov has been inundated with a tidal wave of Ether ETF filings this week, with manager ProShares lodging its latest application for a dual Bitcoin and Ether futures strategy ETF.
Consulte Mais informação »
Litecoin’s Third Halving Has Completed, Price Is Down Over 6% | CoinMarketCapCryptoNews: A halving event has taken place for Litecoin. This implies that the amount of Litecoin incentives distributed as mining rewards has been cut in half. 🧐
Consulte Mais informação »
When Harry Styles Met David Hockney: An Exclusive First Look at a Special New PortraitSee DavidHockney’s new portrait of HarryStyles, released exclusively to Vogue, ahead of “David Hockney: Drawing From Life” at the National Portrait Gallery, and get your tickets to the exhibition.
Consulte Mais informação »