Tether has rapidly ascend over the recovering crypto lending market. Just last month, they announced record off-the-charts $13 billion in expected profits for 2024. This massive increase in profitability has been fueled, at least in part, by the growing popularity of stablecoins. Tether, Galaxy, and Ledn have combined to make...
A major comeback has taken place within the crypto lending market, with a handful of startups quickly establishing themselves as leading forces. BlockTraderHub.com is the premier smart money crypto intel. In this article, we’ll explore what’s fueling the return, including a look at the business strategies underpinning the rebound and...
The crypto market's resurgence, spearheaded by firms like Tether, Galaxy, and Ledn, isn't a victory cry for deregulation. It's a blaring alarm demanding responsible regulation. Think of it like this: a toddler learns to walk, stumbles, falls, and then gets back up. Do you pull all the safety supports and...
Decentralized Finance (DeFi) has been on fire lately. It’s currently experiencing booming success, with Total Value Locked (TVL) and revenue skyrocketing in a variety of sectors. Tether (USDT) has emerged as the dominant stablecoin within the DeFi ecosystem, surpassing Circle's USDC in market registration and collateralization. Lending protocols remain the...
In the fast-paced landscape of digital assets, smart money investments are undeniable indicators of major changes in the market. Tether, the company behind the USDT stablecoin, has been in the news a lot lately. They’ve even increased their stake in Bitdeer, a Nasdaq-listed Bitcoin mining firm. This development is a...
Everyone's screaming "Bitcoin winter!", but smart money's building an igloo. Then after that you see Bitdeer’s stock price tanking and you think oh disaster. I see opportunity. Tether's recent $32 million equity purchase in Bitdeer isn't reckless; it's a calculated bet on the future, a masterclass in contrarian investing that...
Tether, the company behind the world’s largest stablecoin USDT, has increased its investment in Bitcoin mining company Bitdeer. In April, it raised approximately $32 million in equity funding. This shift marks Tether’s increasing appetite for the Bitcoin mining industry, despite challenging market headwinds for many Bitcoin mining companies. Despite the...
Okay, sure — at first glance, Tether doubling down on Bitdeer seems like a smart business move. Mining stocks are in the dumps, time to buy the dip, amirite? They netted $32 million of equity when Bitdeer’s share price was tanking. Seems like a smart play. We cannot allow ourselves...
$3.6 billion. Let that number sink in. The Bitcoin that Twenty One Capital will issue will be worth at least this much. Despite these challenges, it boasts formidable support from heavy hitters such as Tether and SoftBank. While some are celebrating this as a bullish sign for crypto, I see...
This isn’t just another headline, it’s a flashing neon sign indicating that the maturation of Bitcoin is upon us. Cantor Fitzgerald, Tether, and SoftBank throwing a combined $3.6 billion into a new Bitcoin investment firm, Twenty One Capital, isn't just news – it's a statement. An indication, perhaps, that the...
