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Tether’s USDT downgrade brings old arguments to the forefront

Concerns are so old and so festering that Tether is not being upfront about the reserves backing its USDT stablecoin or facing imminent threat of being undercapitalized, that the crypto industry has developed its own dismissive two-word response: “Tether FUD.” Thanks to soaring bull markets, the most brutal of bear markets, the comings and goings […]

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Bitcoin ETFs are now BlackRock’s main source of revenue, according to Exec

BlackRock’s Bitcoin exchange-traded funds (ETFs) have become the company’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. This figure is remarkable given that the company manages more than 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking

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Meet Denis Dariotis, the billionaire founder of GoQuant who started trading at age 9

Denis Dariotis, 22, founder and CEO of cryptocurrency-focused trading software company GoQuant, remembers the constraints and pressures of maximizing his trading portfolio while he was still in his third year at school. “I remember telling my professors that I had to take 10 minutes outside of class to check my portfolio when the market opened

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Strategy (MSTR) CEO Says His Firm Has “More Flexibility Than Ever” to Continue Buying Bitcoin

Strategy CEO Phong Le said the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure based on long-term debt, opportunistic access to equity, and no short-term refinancing pressure. Speaking on the most recent episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to

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