Month: January 2025

Crypto Analyst Predicts XRP Price Could Touch $15 Easily If This Happens

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Este artículo también está disponible en español. A well-known crypto analyst, Crypto Beast, has made a bold prediction about XRP future price trajectory, suggesting that it could reach $15 with ease under specific conditions. This interesting outlook comes amidst a consolidation of prices, which is now looking to regain momentum above $3. Banks Adopting XRP Could Send It To $15 Bitcoin was created to disrupt the traditional financial industry and compete with the existing global financial system. While many other early cryptocurrencies like Ethereum and Litecoin also built upon this…

Tether hits record $13B profits in 2024, reinforcing stablecoin dominance

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Key Takeaways Tether’s 2024 net profits exceeded $13 billion, pushing total group equity past $20 billion. The company’s exposure to US Treasuries hit a record $113 billion, reinforcing its liquidity position. Share this article Tether’s latest attestation highlights its continued dominance in the stablecoin market, with $13 billion in yearly profits and $45 billion in total issuance for 2024, marking one of its strongest years to date. The company’s Q4 2024 attestation also confirms a record $113 billion in US Treasury holdings as of December 31, reinforcing its position as…

Grayscale debuts Dogecoin trust product

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Key Takeaways Grayscale Investments has launched a new trust providing exposure to Dogecoin. Dogecoin’s rapid transfer speeds and low transaction costs make it favorable for international remittances. Share this article Grayscale, the world’s leading crypto asset manager, is launching the Grayscale Dogecoin Trust, an investment product aimed at providing investors with exposure to Dogecoin (DOGE), the largest meme coin with a market capitalization of nearly $50 billion. Rayhaneh Sharif-Askary, Grayscale’s head of product & research, said that Dogecoin’s features, including low costs and fast speeds, make it a powerful tool…