Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $ 4.52 billion in profits, and disclosed its net equity levels, reporting $ 11.37 billion as of March 31, 2024. Tether issued over $ 12.5 billion USDT during …
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF. The securities regulator is expected to approve multiple […]
How to Maximize Your Crypto Profits as Bitcoin Climbs to $100,000 – Road to 100K CEO Martin Lunger
“R100K”, or the “Road to 100K”, represents a project strategically crafted to maximize profits through Bitcoin when its valuation reaches $ 100,000. They firmly believe this milestone is inevitable and their mission revolves around providing a distinctive opportunity to capitalize on this impending event. Martin Lunger is a CEO of company R100K. He recently …
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Lower as Traders Secure This Week’s Profits
Bitcoin traded around the $ 30,000 region to start the weekend, as markets remained optimistic that an ETF approval could be looming. This has been the topic of the week, with many speculating how high crypto markets could surge on such potential news. Ethereum slipped from Friday’s peak. Bitcoin Bitcoin was hovering marginally below …
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over 150 core Ethereum developers, fueling their quest to […]