Bitcoin (BTC) Sees Relief Rally after Tether (USDT) Injection

2018-11-26 12:18

In one of the worst weeks for traders, Bitcoin prices sank more than 30%, but later recovered somewhat after an intervention from the Tether treasury.

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Bitcoin (BTC) на Currencies.ru

$ 89882.27 (-0.35%)
Объем 24H $28.483b
Изменеия 24h: 2.53 %, 7d: 0.49 %
Cегодня L: $88135.95 - H: $90235.32
Капитализация $1794.547b Rank 1
Цена в час новости $ 3968.03 (2165.16%)

tether bitcoin sank recovered treasury intervention prices

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Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of the […] The post Tether plans $500M investment into Bitcoin mining operations appeared first on CryptoSlate.

2023-11-16 19:40