Bitcoin traded around $110,900 on Wednesday, while Ethereum declined to approximately $4,330. Analysts note that BTC is holding steady after the recent drop, with stablecoin liquidity and moderate inflows indicating growing investor confidence. “Bitcoin is holding steady around $111K after recent turbulence, with stablecoin liquidity and moderate inflows signaling that investor confidence is quietly building. … Read more
New York Circle Internet Group shares surged as much as 235% after the company and some of its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid strong demand. Shares of the stablecoin issuer climbed to as much as $103.75 on Thursday, versus an IPO price of $31 each. … Read more
The growing demand for cryptocurrency and the increasing use cases that investors have noticed have compelled many of us to invest in digital assets. Large returns noticed by currencies like bitcoin and other cryptocurrencies in recent years have pumped up the demand, making the market all the more volatile. In such a market, how does … Read more
The latest financial disclosure from Tether, which serves as a controversial foundation for much of the cryptocurrency market, didn’t shed any more light on where its reserves are held. Tether Holdings Ltd. had assets totaling at least $69 billion as of Sept. 30, according to an assurance from Cayman Islands-based Moore Cayman. That includes $30.6 … Read more