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CryptoAlex
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Tether made an unrealized gain of $1.1 billion on its bitcoin investment after its exchange rate climbed above $41,000. According to the data, as of December 5, the company holds 57,576 BTC worth about $2.4 billion on its balance sheet, with an average purchase price of $22,480. #TetherTreasury #stablecoin

Tether made an unrealized gain of $1.1 billion on its bitcoin investment after its exchange rate climbed above $41,000.

According to the data, as of December 5, the company holds 57,576 BTC worth about $2.4 billion on its balance sheet, with an average purchase price of $22,480.

#TetherTreasury #stablecoin

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In March, BTC miners earned the highest monthly revenue in history, earning > $2 billion in block rewards and transaction fees. The previous record of $1.74 billion was set back in May 2021. The growth of miners' income was facilitated by high network activity and the rise in the price of BTC.
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Cryptocurrency market: - Capitalization: $2.51 trillion (↑ 7%) - Volume: $117.55 billion (↑ 36.12%) ⭐️ Leading Cryptocurrencies: 1. 🪙BTC: $66,399.58 (↓ 5.64%) 2. 🪙ETH: $3,349.72 (↓ 6.85%) 3. 🪙USDT: $1,0005 (→ 0.02%) 4. 🪙BNB: $557.38 (↓ 6.33%) 5. 🪙SOL: $182.24 (↓ 9.61%) 6. 🪙XRP: $0.5960 (↓ 5.37%) 7. 🪙USDC: $0.9998 (→ 0.02%) 8. 🪙DOGE: $0.1865 (↓ 14.21%) 9. ADA: 0.5932 $ (↓ 8.22%) 🚦 BTC dominance: 52.19% 🌡 Fear Index: 79 - fear
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SOLs for $24 million hung up at Lido Finance due to a bug in the smart contract Users of the Lido Finance project are unable to return $24 million worth of Solana (SOL) tokens they own, zastekan in the protocol. In February this year, the developers removed the web page associated with Solana Steaking, so many customers started to interact directly with the protocol code to withdraw funds. However, a bug discovered in the project's smart contract prevents them from doing so. As a result, 31,000 user wallets, which still hold 112,000 stSOL, are in limbo. Their owners complain that the Lido Finance team is not in contact and does not offer options for solving the problem.
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✔️ BTC at $66,300, ETH at $3,310. The index of fear and greed is 71 (Greed). The altcoin season index is 47. The market capitalization is $2.42 trillion. 👇 From the news: Santiment: the crowd's faith in continued growth has weakened. Historically, this increases the possibility of continued market growth. 🔥 Bitcoin miners earned a record $2 billion in March. 🇺🇸 Spot Bitcoin-ETFs bought 66,008 BTC in March, while miners mined only 28,513 BTC. Thoughts on coins: 📉 Applicants for Short: - NKN - OGN 📈 Applicants for Long: - MASK - SUI
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Composition of the first Board of Directors Binance Holdings, which operates a crypto exchange of the same name, has established the first board of directors. It includes seven people, only four of whom are employees of the exchange: - Gabriel Abed, former Ambassador of Barbados to the UAE and co-founder of Bitt; - Binance's new CEO Richard Teng; - Binance co-founders Heina Chen (CFO), Lilai Wang and Jinkai He; - Arno Ventura, managing partner at Gojo & Co; - Xin Wang, CEO of Bayview Acquisition Corp.
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