Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report.
This story was originally published by CoinDesk.
Oil pulled back significantly on Monday and a rally in the U.S. 10-year government bond yield was snuffed out quickly. Nevertheless, the stock market continued to fall, with AI stocks still…
Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin. Tether’s Q3 report valued its Bitcoin reserves at $8.37 billion as of September 30. Excess reserves rose to $7.95 billion, and…
TLDR: The Liquid Federation says the network’s bitcoin reserves are fully restored, backing all LBTC 1:1. BTC and LBTC swaps returned weeks earlier, letting users move between networks at a 1:1 rate…
Bitcoin’s gradual recovery following the Binance hack came to an end over the past 12-18 hours or so, with the asset dropping below $77,000 once again ahead of the US midterm elections. Most altcoins…
Bitcoin fell below the realized price of the one-to-three-month-old buyer cohort in a move that risked flipping it to new resistance.
A fifth straight weekly decline would mark bitcoin’s joint third-longest losing streak, as oil rebounds and Apple’s margin warning adds to investor caution ahead of the U.S. midterms.
