Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for Tether in 2024 Tether, the largest stablecoin issuer in the world, is expected to end the year with net profits of over $10 billion, according […] Source: https://news.bitcoin.com/tether-estimates-net-profits-for-2024-to-exceed-10-billion/
The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump. Source: https://cointelegraph.com/news/cryptocom-launches-us-custody-service?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Interpol, the world’s largest international law enforcement organization, issued an arrest request for Hex cryptocurrency founder Richard Schueler over tax fraud and assault accusations. Interpol issued its red notice for Schueler, better known in crypto circles as Richard Heart, as a “request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.”…
The wallet service provider was subjected to a more than $100 million hack in 2023. Source: https://cointelegraph.com/news/malaysia-flags-atomic-wallet-unauthorized-operation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only member of the U.S. Senate who is a bitcoin miner. I’ve got three miners […] Source: https://news.bitcoin.com/i-am-proud-to-stand-with-bitcoin-senator-ted-cruz/
Despite price corrections, digital asset funds closed the week with positive net flows totaling $308 million. Source: https://cointelegraph.com/news/december-market-correction-drags-down-etps-17b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A little-known Japanese investment firm that made headlines for its Bitcoin buys just snapped up more of the biggest cryptocurrency. Metaplanet, which trades on the Tokyo Stock Exchange, announced Monday that it had bought 619.7 Bitcoin for a total of 9.5 billion yen ($60.5 million)—its largest single purchase of the orange coin. Only last week, Metaplanet said it would accelerate…
ASIC sues Binance Australia for misclassification of clients. Interpol targets Hex’s founder with a Red Notice. Tornado Cash updates emerge. Source: https://cointelegraph.com/news/binance-australia-sued-interpol-red-notice-hex-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services. Terawulf Secures Key AI Data Center Deal with G42’s Core42 The agreement will see Terawulf (Nasdaq: WULF) customize its Lake […] Source: https://news.bitcoin.com/bitcoin-miner-terawulf-to-deliver-70-mw-data-center-infrastructure-for-ai-expansion/
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support. Source: https://cointelegraph.com/news/price-analysis-12-23-spx-dxy-btc-eth-xrp-sol-bnb-doge-ada-avax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
