Tether funded an oil transaction with USDT for the first time

The oil, produced in the Middle East, was valued at about $45 million. Tether wants to support a broader range of commodities and industries. The Tether company announced that its investment arm, Tether Trade Finance, funded the first crude oil transaction with the USD Tether (USDT) stablecoin. This operation involved the transportation of 670,000 barrels … Read more

Ethereum exceeds $2,800 and returns to August levels

Promises of cryptocurrency industry-friendly regulations boost ETH. Yesterday, ether ETFs had inflows of $52 million. Ether (ETH), the cryptocurrency of the Ethereum network and the second largest digital asset by market value, broke the $2,800 barrier. This price level, not seen since augustis still a considerable distance from the peak of $3,700 reached in April … Read more

MicroStrategy wants to invest USD 40 billion in bitcoin, but… What are the risks?

Analysts Alexandre Schmidt and Satish Patel at research firm Coinshares evaluated MicroStrategy’s 21/21 Plan, a recently announced strategy to raise $42 billion in capital over the next three years to acquire more bitcoin (BTC) as a trading asset. reserve and increase the performance of your treasury. This plan, although ambitious, “depends largely on a series … Read more

Semler Scientific already has more than 1,000 bitcoin

The company has a BTC reserve valued at about $64.5 million. This company was revived thanks to its investment in bitcoin, according to its president. Semler Scientific’s bitcoin (BTC) reserve has already exceeded 1,000 units of the digital currency, becoming what is known in the market as a “whale.” This company, which specializes in technology … Read more

“Do not trade if you are not prepared,” warns specialist

“A trader must be disciplined and have preparation,” says Iván Paz Chain. The specialist projects what price bitcoin could reach in this cycle. In Buenos Aires, capital of Argentina, a new edition of LABITCONF was held this November 1 and 2. CriptoNoticias took advantage of the occasion to talk with representatives of the bitcoin (BTC) … Read more

Billionaire pension fund announced 3% allocation in bitcoin

The British pension fund Cartwright, known for its specialization in hybrid pension plans, announced this Monday the allocation of 3% of the value of its fund in bitcoin (BTC). This decision, described as a “bold step”, reflects the progressive nature of the trustees involved, according to that entity. According to Cartwright, the move aligns with … Read more

MrBeast’s history with cryptocurrencies is also tinged with controversy

Since 2021, the YouTuber has been getting into the world of cryptocurrencies. MrBeast has invested in btcoin, NFTs and backed the DeFi market XCAD Network. MrBeast, one of the most popular YouTubers and philanthropists, whose real name is Jimmy Donaldson, is known for his extravagant and charitable actions that have captured the attention of more … Read more

Retailers haven’t flocked to bitcoin…yet

Although bitcoin (BTC) remains the undisputed leader in the digital asset market, it is still awaiting mass retail adoption. Despite notable growth in institutional investment and the strength of its market dominance, current metrics suggest retail flow remains moderateleaving a window of opportunity and expectation for an upcoming bullish rally, signals a Capriole Investments report. … Read more

Treasury Department recognizes that stablecoins promote redollarization

Fiat-based stablecoins, like the dollar, have shown higher growth, Treasury says. These assets play an integral role in transactions between cryptocurrencies, they indicate. The United States Department of the Treasury published a report this week in which it points out that stablecoins are increasingly choosing to maintain important short-term US Treasury guarantees. The document expects … Read more

Popular YouTuber MrBest accused of earning USD 23 million with insider trading

They claim that Mr. Beast made money from more than five cryptocurrency projects. Researchers say they have detected more than 50 secret wallets used for insider trading. YouTuber Jimmy Donaldson, known as Mr. Beast, faces allegations of having earned more than $23 million through insider trading in cryptocurrencies or insider information on digital asset projects, … Read more