Treasury Bills – DIGIT INFO

Tether is ‘best friend’ of US, says CEO Paolo Ardoino

DIGIT — Fri, 04 Oct 2024 14:44:41 +0000

While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

Go to Source

Fed’s dovish move to slash $625M in interest income for stablecoins

DIGIT — Fri, 27 Sep 2024 20:54:50 +0000

CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

Go to Source

Arthur Hayes predicts short-term market crash on rate cuts: Token2049

DIGIT — Wed, 18 Sep 2024 09:25:25 +0000

BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market.

Go to Source

Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits

DIGIT — Fri, 03 May 2024 02:18:46 +0000

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 this period. Tether Attestation Registers Record-Breaking […]

Go to Source

Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills

DIGIT — Mon, 31 Jul 2023 14:06:40 +0000

Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion.

Go to Source

4 ‘emerging narratives’ in crypto to watch for: Trading firm

DIGIT — Mon, 26 Dec 2022 06:13:19 +0000

The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with “real world utility” gain traction.

Go to Source

BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

DIGIT — Thu, 06 Oct 2022 06:21:23 +0000

Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks.

Go to Source

As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’

DIGIT — Mon, 19 Jul 2021 19:00:53 +0000

While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many analysts and economists believe equities markets are in a […]

Go to Source