Tether to double its workforce to 200 by mid-2025: Report

Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.

Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000.Another positive voice was that of SkyBridge Capital CEO Anthony Scaramucci, who said in an interview…

There’s been little sunlight this crypto winter, so it may seem odd to present the “Bitcoin as legal tender” argument again. That is, will or should any country — other than El Salvador and the Central African Republic (CAR), which have already done so — declare Bitcoin (BTC) an official national currency?The International Monetary Fund…

Taiwan-based computer hardware producer Nvidia updated its financial estimates for Q4 for the fiscal year of 2019, according to a press release on Jan. 28.The company is reflecting weaker forecasted sales in its gaming and data center platforms, which comes from excess mid-range channel inventory following the slump in cryptocurrency markets. Q4 revenue is expected…

“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. 745 Total views 16 Total shares Crypto lending platform Nexo, says that its strong balance sheet means it can ride to the rescue to provide liquidity during the current market turmoil by acquiring the assets…

Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. 2914 Total views 86 Total shares Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC,…

Anyone who holds a copy of the NFT will see it change as the Bitcoin donations come in. A former baseball player has created a non-fungible token, time-sensitive artwork piece that allows crypto holders to donate Bitcoin to enable two African American boys to fulfill their dreams.According to a representative for the artist, former Tampa…

LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil. 393 Total views 60 Total shares A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.Descending channel risks LUNA declineLUNA has been trending lower inside a falling…