These 3 Next 1000x Cryptos Could Outlast the Market as Tether CEO Backs Bitco...
Quick Facts: 1️⃣ Tether CEO Paolo Ardoino reaffirmed that Bitcoin and gold will outlast every fiat currency, echoing Tether’s strategy of holding both as reserve assets. 2️⃣ $BTC is up 23% YTD and gold 55.95%, while the U.S. dollar index has fallen nearly 9%. 3️⃣ Tether continues allocating up to 15% of profits into Bitcoin […]
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July was, in many ways, a mixed bag. While it was flooded with news of large corporations gobbling up Bitcoin, Ethereum, and Solana – a trend that’s still ongoing – the cryptos themselves didn’t react as positively as many had hoped. That said, September has brought a wave of newfound enthusiasm, fueled by the potential […]
As ridiculous as it may sound, the only way high-cap mainstream cryptos like Bitcoin and Ethereum could ever climb 1000x during an altcoin rally is if every physical money note in the world got infected with a virus. In simple terms, these giants are just too big to move that violently. And that’s exactly why […]
Although more and more online merchants are getting used to the idea of accepting bitcoin payments, others feel discouraged by the volatility and lack of security for the cryptocurrency. In their new partnership, GoCoin and Tether aim to address these issues in pushing for increased mainstream acceptance of digital currencies. By teaming up, GoCoin can now allow its current merchants to transact with Tether in US dollars. The Japanese yen and the euro are also being eyed as part of this platform. In addition, fees associated with dealing in fiat currencies through traditional payment....
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market Cap Swells Over 19,000% in Less Than 2 Years, While Pax Gold Increased by More Than 15,000% On February 21, 2020, the market valuation of tether gold (XAUT) was $2.1 million and 23 months later, the valuation has increased by....
Bitcoin is down nearly 5.5% this week, forcing crypto bros to climb off their high horse and face the reality that a 2021-style bump might not be around the corner just yet. That said, Strategy boss Michael Saylor, whose company is the largest corporate holder of Bitcoin, recently shared his outlook on CNBC’s Closing Bell: […]