Stablecoin Market ‘Ripe For Disruption,’ Says Market Commentator, As Tether Rakes In Billions Through Interest On US Treasuries
Market commentator The Kobeissi Letter highlighted on Monday the massive scale of Tether (CRYPTO: USDT) in the U.S. treasuries market. Tether’s Profit Strategy Via US Treasuries In an X post, Kobeissi Letter said that the “stablecoin market is ripe for disruption,” emphasizing how Tether has become the 17th-largest holder of U.S. sovereign...
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Convicted FTX CEO SBF Cries ‘Biden Lawfare’ In Trump Pardon Pitch
Sam Bankman-Fried (SBF) used a new X thread on Feb. 9 to reframe his criminal case as “Biden’s political lawfare,” positioning himself alongside Donald Trump and former FTX executive Ryan Salame in what read like a direct appeal for a future pardon. “Biden’s lawfare machine threw bogus charges at...
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Bitcoin Hovers Below $70K – Breakout Soon or is $HYPER a Safer Bet?
Quick Facts: Bitcoin is consolidating under $70k; technicals suggest a breakout toward $85k-$100k if resistance at $72.5k clears. The primary downside risk is losing the $60k support, which could trigger a liquidation cascade toward $52k. Bitcoin Hyper uses the Solana Virtual Machine (SVM) to bring high-speed smart contracts to...
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U.S. sentences crypto scam mastermind to 20 years over $73M fraud
A U.S. federal court has sentenced a key figure behind a global cryptocurrency investment scam to 20 years in prison, capping one of the largest crypto-fraud prosecutions tied to so-called “pig butchering” schemes. The operation defrauded victims of more than…...
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MrBeast’s Beast Industries buys Step banking app following $200M BitMine deal
The acquisition could democratize financial literacy and services for younger audiences, potentially reshaping financial education and access. The post MrBeast’s Beast Industries buys Step banking app following $200M BitMine deal appeared first on Crypto Briefing....
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XRP price enters stop-loss phase after SOPR breaks below 1.0 for the first time since 2022
XRP price is further depressing into a loss-driven phase as selling picks up speed in both the spot and derivatives markets. XRP was trading at $1.44 at press time, down about 1% in the last day. The price has dropped…...
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Why are yield-generating platforms like XRPstaking becoming an important tool for modern investors?
As crypto markets grow more volatile, investors are increasingly turning from simple buy-and-hold strategies toward yield-focused platforms designed to deliver steadier returns. #partnercontent...
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Crypto exchange Backpack nears unicorn status as CEO lays out token strategy
Backpack Exchange, the crypto trading platform founded by former FTX and Alameda leaders, is reportedly in talks to raise around $50 million in new financing at a pre-money valuation above $1 billion. If completed, the round would cement Backpack’s position…...
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Analysts Warn of Extended Downturn as Bitcoin Struggles at $68K
More and more peak bear market signals are flashing up on the Bitcoin charts, leading analysts to believe that the pain is not over yet, but we may be nearing the bottom. Bitcoin has now closed for a third week below the 100-week moving average and has been under...
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Bitmine ETH holdings hit 4.3M as firm buys $83M Ethereum in a day
Bitmine Immersion Technologies has pushed its Ethereum treasury to new highs, with total ETH holdings now standing at 4.326 million tokens, as the firm continued aggressive accumulation despite ongoing volatility in the crypto market. The Tom Lee–chaired company disclosed in…...
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