Tether Registers $1B in Operating Profit for Q1
TL;DR Over $1B in Q1: Tether delivered a stellar quarter with operating profits exceeding $1 billion, bolstered by a robust treasury portfolio nearing $120 billion. Surging
Crypto Market (Latest Publications)
Goldman Sachs Takes a Bold Step Forward in Crypto Trading and Tokenization Initiatives
TL;DR Goldman Sachs is expanding its digital asset strategy, introducing advanced crypto trading, lending, and collateral liquidity services. The bank’s initiative leverages rising institutional interest to
Crypto Hackers Plunder $92M from DeFi in April, With Attacks Doubling Since March
TL;DR Surge in Crypto Hackers Attacks: In April, 15 coordinated DeFi hacks resulted in a staggering $92M loss—a 124% increase from March’s reported $41M. High-Profile Breaches:
Messari Report: BNB Chain Achieves Strong Q1 Performance Despite 15% Market Cap Decline
TL;DR Strong Revenue Performance: Despite a 15% decline in market cap, BNB Chain generated $70.8 million in Q1 revenue with wallet-to-wallet transaction fees surging by 122.6%.
Nate Geraci Lays Out His Prediction on When the SEC Will Green-Light More Crypto ETFs
TL;DR The SEC once again postponed decisions on several crypto ETFs, including proposals from Franklin, Grayscale, Bitwise, Invesco Galaxy, and Fidelity. Among the delayed products are
SEC Reschedules Deadline for Spot XRP ETF Ruling
TL;DR The SEC has postponed the decision on Franklin Templeton’s XRP spot ETF until June 17, 2025, after an additional review and opening for public comments.
Coinbase Fuels Uniswap’s Upturn, But UNI Investors Are Jumping Ship
TL;DR Uniswap transferred 9 million UNI to Coinbase Prime, accumulating $60.99 million in movements over the past six days. Institutional investors liquidated 515,740 UNI, and the
Bitcoin Whales Reappear? $4M Deal Signals a Potential Revival
TL;DR Bitcoin Whales Re-Entry: A recent $4M transaction indicates that Bitcoin whales, after a period of dormancy, are cautiously re-entering the market by steadily accumulating Bitcoin.
Flash Trade: $30 Million in XRP Moves in Only a Minute
TL;DR XRP’s value has risen by 3%, reaching $2.29 in the last 24 hours, after weeks of trading between $2.00 and $2.29. The recent approval of
Breaking News: Strategy Commits $1.4 Billion to Bitcoin Amid Soaring Demand
TL;DR Strategy added 15,355 BTC to its balance for $1.4 billion between April 21 and 27, bringing its total Bitcoin reserves to 553,555 BTC. The purchase
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