Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions.
Cryptocurrency News
Solana price attempts comeback amid ongoing ETF inflows, but $170 resistance may stall recovery [btcmanager]
Solana price is attempting a rebound after breaking below its long-term ascending channel. Here are the key levels to watch. Solana price technical analysis Solana (SOL) price has recently suffered a major breakdown as the sell-off from Nov. 3 pushed…
Bitcoin price holds near $105K as stablecoin liquidity builds for a potential breakout [btcmanager]
Bitcoin price is consolidating near $105,000 amid growing stablecoin liquidity, hinting at a quiet accumulation phase that could spark the next major move. Bitcoin is holding steady around $104,978 after slipping 1.3% in the past 24 hours. The top cryptocurrency…
Senate Agriculture leaders want CFTC to regulate crypto spot trading [btcmanager]
With support from both sides of the aisle, Senate agriculture leaders have introduced a bill to put crypto spot markets under the oversight of the Commodity Futures Trading Commission. On Monday, the committee chairman, John Boozman, and Senator Cory Booker…
NFT and memecoin markets recover after month-long crypto slump [cointelegraph]
NFTs posted selective gains led by blue chips, while memecoins rallied broadly across major names in a sentiment-driven rebound.
Gemini crypto exchange Q3 revenue soars 52%, but why are shares still falling? [btcmanager]
Gemini reportedly saw a 52% jump in quarterly revenue following a surge in trading activity and the introduction of new financial products. However, its shares have continued to fall. According to the company’s letter to shareholders, the crypto exchange’s net…
ICP price eyes 40% upside as stablecoin supply grows [btcmanager]
ICP price is close to confirming a potential breakout from a falling wedge pattern that could launch it toward $10 and beyond, especially as stablecoin supply on the network continues to grow. According to data from crypto.news, Internet Computer (ICP)…
Bitcoin miner CleanSpark eyes $1 billion raise for AI push and share buyback [btcmanager]
Bitcoin miner CleanSpark has proposed raising $1 billion through a convertible bond offering to fund a share buyback and support its AI expansion efforts. CleanSpark wants to issue $1.15 billion in zero-coupon convertible notes and use the capital to strengthen…
CleanSpark plans $1.15B raise to expand Bitcoin mining, AI infrastructure [cointelegraph]
CleanSpark is among the leading Bitcoin mining companies expanding into AI data center infrastructure, seeking diversified sources of revenue amid post-Bitcoin halving pressure.
Bitcoin signals bullish reversal as ‘apparent demand’ hits four-month highs [cointelegraph]
Bitcoin’s apparent demand and spot activity are picking up; momentum will be re-ignited once BTC breaks through $110,000.