Author name: Peter

Bitcoin and Gold Price Appreciation Contribute to Tether's Record Profit In the last quarter of 2023, Tether Holdings Limited achieved a remarkable milestone, registering a net profit of $2.85 billion. This figure contributed to the stablecoin issuer's overall net profit for the year, which surpassed $6.2 billion. The company's secured loans, totaling $4.8 billion, were […]

As part of its strategy to improve operational performance, Polygon Labs will be downsizing its workforce by 60 employees, representing a 19% reduction. CEO Marc Boiron announced this decision with the goal of creating a lean and efficient team. Polygon Labs Streamlines Operations by Laying off 60 Employees Polygon Labs has made the decision to

Genesis Global Holdco, a subsidiary of Digital Currency Group, has reached a $21 million settlement with the Securities and Exchange Commission (SEC) to resolve a lawsuit regarding its crypto lending practices. This settlement comes as Genesis aims to put an end to the legal challenges it has faced following its bankruptcy filing in the wake

Insights from Bitget's International Survey A recent international survey conducted by Bitget has shed light on the perspective of the crypto market. The survey gathered insights from nearly 10,000 individuals across different regions, including West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. The findings provide valuable information about bitcoin price predictions

Peter Schiff: Fed Rate Cut in March Still Possible Renowned economist Peter Schiff believes that despite Federal Reserve Chairman Jerome Powell's recent statement ruling out a rate cut in March, there is still a high chance that the Fed will proceed with the cut. Schiff argues that Powell's decision to remove the possibility of a