Tag: Profit
Tether Surpasses $7.7 Billion Profit Year-to-Date with Record High Reserves
Tether, the popular cryptocurrency company, has achieved a remarkable milestone by surpassing $7.7 billion in profit year-to-date, with record high reserves. In the third quarter alone, Tether reported a net profit of $2.5 billion,...
Tether’s Q3 Profits Reach $2.5B, Holds $100B in U.S. Treasuries
Tether, a popular stablecoin issuer, recently announced impressive profits of $2.5 billion in the third quarter of the year. This brings their total profits for the year to $7.7 billion, with the market capitalization...
Maximizing Profit Through Bitcoin Acquisitions: Japan’s Metaplanet Success Story
Metaplanet, a Tokyo-listed investment firm, has been making waves in the cryptocurrency world with its aggressive Bitcoin acquisition strategy. In just the month of October, the company has more than doubled its Bitcoin holdings...
Maximizing Profits: The Power of Long-Term Holding
Bitcoin's recent price fluctuations between $60,000 and $62,000 have shed light on the importance of long-term holding in maximizing profits in the cryptocurrency market. Data analysis from the past week has revealed a stark...
Bitcoin Miners Profit from BTC Rally as Crypto Exchange Transfers Surge
Bitcoin miners have been taking advantage of the recent rally in BTC prices, with a significant amount of BTC transfers from mining pools to exchanges totaling $209 million. This surge in transfers coincided with...
Meme coins outperform Bitcoin in 2024 Meme Coins Outperform Bitcoin: What This Means...
In the world of cryptocurrencies, meme coins have been making headlines for outperforming big players like Bitcoin and Ethereum in 2024. While Bitcoin and Ethereum have seen a modest increase of over 50% this...