Bitcoin Transfer Boosts Tether Profits
@Tether_to is reportedly sitting on $3.86 billion in unrealized Bitcoin profits, holding 100,521 BTC, with 8,888 BTC purchased recently. #Update #Crypto $BTC (+7) ↗
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Tether_to is reportedly sitting on $3.86 billion in unrealized Bitcoin profits, holding 100,521 BTC, with 8,888 BTC purchased recently. #Update #Crypto $BTC (+7) ↗
Rep. French Hill opposes interest on stablecoins due to lack of consensus as Congress nears legislation; industry leaders like @brian_armstrong advocate for change #Update #Legal $USDC (-3) ↘
@Circle files an S-1 for IPO, highlighting key opportunities and challenges in digital finance as it aims to go public. #Update #Crypto $USDC (+3) ↗
@Circle files for IPO with SEC to list on NYSE under ticker CRCL as stablecoin regulation progresses. #Update #Crypto $CRCL (+6) ↗
@Tether_to added 8,888 $BTC worth $735M in Q1 2025, increasing its reserves to 92,647 BTC amid a 12% BTC price drop. #Breaking #Crypto $BTC (+8) ↗
@Circle is teaming with @JPMorgan and Citi Bank for an April IPO, potentially the largest crypto IPO since Coinbase. #Update #Crypto $USDC (+6) ↗
@SECGov Acting Chair Uyeda advocates for rulemaking over enforcement; first U.S. bank-issued stablecoin launches on Ethereum, $BTC price remains steady #Update #Crypto $BTC (→ 0)
@Tether_to invests in Adecoagro and Be Water, expanding its non-crypto portfolio amid record profits. #Update #Investment (+6) ↗
@WLFI announced the launch of its USD1 stablecoin, with analyst xHuai.eth predicting an April 1 exchange listing pending US regulatory approval. #Update #Crypto $USD1 (+3) ↗
@Tether_to invests $10.8M in Be Water, acquiring a 30.4% stake to innovate content production and distribution, marking its expansion into media technologies. #Update #Media (+6) ↗
House Majority Whip Tom Emmer argues against applying the Bank Secrecy Act to stablecoin issuers like @Tether_to, citing potential exclusion of foreign entities from U.S. markets. #Update #Legal $USDT (-3) ↘
@Fidelity reportedly plans to launch a USD-backed stablecoin, expanding into tokenized US Treasury bonds, amid regulatory developments. #Breaking #Crypto (+8) ↗
House Majority Whip Tom Emmer criticized Wyoming’s plan to issue its stablecoin, WYST, likening it to a state-issued CBDC, sparking debate within the GOP. #Update #Crypto $WYST (-4) ↘
U.S. Senator Elizabeth Warren criticizes the “Financial Innovation and Technology for the 21st Century Act,” alleging it benefits President Trump and Elon Musk’s financial interests. #Update #Legal (+6) ↘