Tags : Reserves

Bitcoin

MicroStrategy ignores critics so as to add an extra $15

MicroStrategy CEO Michael Saylor announced the agency had bought an extra 262 Bitcoin at the price of $15mn. This brings its whole holdings to 91,326 BTC, with a complete spend of $2.2bn. Primarily based on right this moment’s worth, MicroStrategy has an unrealized revenue of $2.988bn. The transfer coincided with a bounce at $55k and […]Read More

Market

Tether’s Financial institution Deltec Says Stablecoin Is Totally Backed by

Tether Ltd.’s Bahamas-based financial institution, Deltec, mentioned on Friday that the corporate’s stablecoin is absolutely backed by reserves, downplaying resurgent fears in regards to the cryptocurrency’s integrity. “Each tether is backed by a reserve and their reserve is greater than what’s in circulation,” Gregory Pepin, Deltec Financial institution deputy CEO, mentioned on the most recent […]Read More