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news-imageOctober 28, 2024

Tether's $5.58B Bitcoin reserves: A move to strengthen USDT?

Tether boosts reserves with 82,000 BTC to enhance USDT stability, potentially impacting Bitcoin's price.
Publisher: AMBCrypto
Sentiment: Positive
BTC
USDT

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cover-imageCrypto Daily
October 28, 2024

Bitcoin (BTC) on brink of huge run as Trump campaign gathers momentum

A sell-out crowd at Madison Square Garden marked a successful Trump rally which has helped the presidential hopeful to build a 66.7% to 34.4% lead over Democrat Harris according to leading prediction market Polymarket. If this translates into a Trump victory on 5 November, Bitcoin could be expected to surge strongly into the end of this year.

Positive
cover-imageInvezz
October 28, 2024

Bolivian bank Banco Bisa launches USDT custody service

Banco Bisa has unveiled a custody service for the USDT stablecoin, marking a significant step towards the mainstream adoption of cryptocurrencies in Bolivia. This new offering allows clients to securely buy, sell, and transfer USDT, enabling them to hold their assets, make international payments, and send money to family members abroad.

Positive
cover-imageBenzinga
October 28, 2024

Ahead Of 'Mag 7' Earnings Season, Michael Saylor Celebrates Bitcoin Proxy MicroStrategy's Record-Breaking Trading Volume, Says King Crypto Makes 'Magnificent 8'

MicroStrategy Inc. (NASDAQ:MSTR) ended Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Saylor to celebrate by coining the term “Magnificent 8.” What happened: On Sunday, Saylor took to X, drawing attention to the Bitcoin (CRYPTO: BTC) development company's latest feat.

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