Tether claims to have boosted its overall assets by $21B in a recent accounting review
Tether began producing public accounting reports in February 2021, following a settlement with the New York Attorney General’s office. On Monday, Tether Holdings Limited, the firm behind the USDT stablecoin , released an independent accountant report saying that its tokens are fully guaranteed by its reserves. Moore Cayman, a Cayman-based accounting network, assessed Tether’s most […]
Ex Bitmain chief raise funds for new crypto unicorn
Jihan Wu’s Bitmain exit strategy included the creation of Matrixport, which today has a market capitalization of more than $1 billion after only two years in the business world. With the launch of Bitmain Technologies in 2013 and the subsequent public offering, Jihan Wu established himself as a household brand within the cryptocurrency industry. His […]
Crypto How to: Spotting Bitcoin Price
The inversed head-and-shoulders pattern on the Bitcoin chart is seen by cryptocurrency and stock traders as a precursor to a bullish trend reversal. All traders strive to buy low and sell high, but only a select few have the fortitude to go against the grain and buy when a downtrend reverses direction, as has happened […]