Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta burns another $4.5B on metaverse in Q2, preps for AI growth cointelegraph.com 01 August 2024 04:28, UTC cointelegraph.com
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BitGo Launches Go Network, Eyes Institutional Crypto Growth
BitGo Launches Go Network, Eyes Institutional Crypto Growth coinedition.com 31 July 2024 22:56, UTC BitGo co-founder and CEO Mike Belshe recently shared insights on various aspects of the cryptocurrency industry and BitGo’s latest projects during a Thinking Crypto podcast episode. Belshe asserted that “crypto is an unstoppable and a major political force” and provided…
Tether reports record-breaking $5.2 billion profit in H1 2024
Tether reports record-breaking $5.2 billion profit in H1 2024 cryptobriefing.com + 1 more 31 July 2024 16:25, UTC Tether has released its Q2 2024 attestation, conducted by BDO, revealing a record-breaking $5.2 billion profit for the first half of 2024. The report showcases Tether’s net operating profit of $1.3 billion in Q2 alone. The…
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims coindesk.com + 1 more 31 July 2024 15:27, UTC The Bank for International Settlements and Bank of England have found that the balance sheet of asset referenced stablecoins can be supervised. The technology could help nations respond more efficiently to risks…
FED Interest Rate Decision is Expected in Bitcoin Today! At what time will it be announced? Here are the Expectations and Things to Know!
FED Interest Rate Decision is Expected in Bitcoin Today! At what time will it be announced? Here are the Expectations and Things to Know! en.bitcoinsistemi.com 31 July 2024 15:53, UTC As it has done for a long time, the FED did not change interest rates in June and left them constant at 5.25-5.50 percent….
CCData Report: Stablecoins Market Cap Reaches $164B in July 2024
CCData Report: Stablecoins Market Cap Reaches $164B in July 2024 cryptoglobe.com + 1 more 31 July 2024 18:11, UTC On 31 July 2024, CCData Research unveiled the July 2024 edition of its “Stablecoins & CBDCs” report, providing a comprehensive overview of recent trends and market dynamics within the stablecoins and central bank digital currencies…
BREAKING: FED Released Its Highly Anticipated Interest Rate Decision! Here is Bitcoin’s First Reaction
BREAKING: FED Released Its Highly Anticipated Interest Rate Decision! Here is Bitcoin’s First Reaction en.bitcoinsistemi.com 31 July 2024 18:14, UTC As expected, the FED left interest rates constant. Here is Bitcoin’s first reaction after the interest rate decision: There are analysts who think that Jerome Powell may signal a rate cut in September at…