Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
Consensys Urges SEC to Greenlight Spot Ethereum ETFs
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
