Tether acquires 12% stake in Gold.com in $150M strategic investment
Tether acquires 12% of Gold.com as gold-backed XAUT surpasses $2.4B and leads $5.5B tokenized gold market after metal hit $5.5K in January. The post Tether acquires 12% stake in Gold.com in $150M strategic investment appeared first on Crypto Briefing....
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Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock tumbles 17%
Strategy suffers $12.4B Q4 loss as Bitcoin market downturn sinks BTC to $64K, stock down 17%, yet affirms its long-term Bitcoin strategy. The post Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock tumbles 17% appeared first on Crypto Briefing....
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Gemini cuts workforce, closes international operations
Out with crypto, in with gambling. Gemini is laying off employees and shifting focus to Gemini Predictions, a platform that has processed over $24 million in volume since December....
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Katie Stockton: Bitcoin’s bearish reversal signals a market shift, Ethereum set to outperform in the long term, and the role of technical analysis in volatile conditions | Unchained
Bitcoin’s bearish reversal hints at a potential market low amid rising volatility and shifting sentiment. The post Katie Stockton: Bitcoin’s bearish reversal signals a market shift, Ethereum set to outperform in the long term, and the role of technical analysis in volatile conditions | Unchained appeared first on Crypto...
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Is China building gold-backed digital assets? Treasury Secretary thinks it’s possible
Hong Kong’s sandbox role allows China to explore new financial technologies, like a gold-backed digital asset. Why does it matter? It could potentially be a stable alternative to the dollar....
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Crypto Industry Proposes Sharing Stablecoin Reserves with Community Banks: Report
The crypto industry has reportedly proposed sharing stablecoin reserves with community lenders as it steps up efforts to win over skeptical banks. The move aims to preserve the stalled crypto market structure bill that could significantly alter the financial system. Deposit Fears and the Search For Compromise A Bloomberg...
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Tether buys $150 million stake in Gold.com to boost tokenized gold distribution
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether’s stablecoins....
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Ripple’s Last Piece Of The Puzzle: How Insitutions Will Deploy Liquidity To XRP Ledger
Crypto pundit Stern Drew has stated that permissioned domains were the last piece Ripple needed for institutions to deploy liquidity on the XRP Ledger (XRPL). This came as he alluded to an earlier statement by the firm’s former Chief Technology Officer (CTO), David Schwartz, in which he touched on...
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Strategy Stock Stalls On Q4 Earnings Beat As Bitcoin Remains In Freefall
Strategy Inc (NASDAQ:MSTR) reported financial results for the fourth quarter after the market close on Thursday. Here’s a look at the key details from the report. Strategy shares are trading near critical lows. Why is MSTR stock at lows? Strategy Tops Estimates In Q4 Strategy posted fourth-quarter revenue of $122.99...
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Dogecoin activity jumps, prices sink as meme coins test the trapdoor
Dogecoin and Shiba Inu slid deeper into selloff territory even as on-chain activity spiked, underscoring a growing disconnect between network usage and price action across the meme-coin sector....
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