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JUST IN: 🇺🇸 SEC apstiprina BlackRock vietas #Bitcoin   ETF iespējas.

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JUST IN: 🇺🇸 Senator Cynthia Lummis' General Counsel says the SEC gave BNY Mellon a variance approval "to move forward" with Bitcoin and crypto custody 👀 #Bitcoin #BitEagleNews

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Tether Beats BlackRock in 2023 Profits: A Surprise Win for the Crypto World In 2023, Tether, the company behind the USDT stablecoin, earned more money than BlackRock, the largest asset manager in the world. Tether made $6.2 billion in profit, while BlackRock earned $5.5 billion, marking a significant achievement for the cryptocurrency sector. What Made This Possible? Tether’s USDT is a stablecoin, meaning its value is tied to the U.S. dollar. It is widely used in the crypto market for trading, lending, and other financial activities. The growing demand for USDT led to Tether’s strong financial performance. The company makes money by investing the reserves that back USDT and through loans. Even with the ups and downs in the crypto market in 2023, Tether’s profits showed how important stablecoins have become in global finance. BlackRock’s Role in Traditional Finance BlackRock has long been a leader in the world of traditional finance, managing huge amounts of money for big companies, governments, and individual investors. Their $5.5 billion profit in 2023 was solid, but it was not enough to beat Tether’s numbers. This shows how fast the world of finance is changing, with digital assets gaining more attention. What Does This Mean? The fact that a crypto company like Tether made more profit than BlackRock is a big deal. It shows how digital currencies are becoming more important and may have a growing role in the future of money. Stablecoins like USDT are now a key part of how people trade and invest worldwide. #Tether #BitEagleNews #BlackRock

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💥JUST IN: MicroStrategy just bought another $458m Bitcoin for an average price of $61,750. #Bitcoin #BitEagleNews

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💥BREAKING: MicroStrategy just raised $1 BILLION at 0.625% interest rate to buy more Bitcoin Total raise was increased by $250m since initial announcement. #Bitcoin #BitEagleNews

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𝙄𝙨 𝙞𝙩 𝙧𝙚𝙖𝙡𝙡𝙮 𝙖𝙗𝙤𝙪𝙩 𝙩𝙤 𝙝𝙖𝙥𝙥𝙚𝙣? We see a remarkable shift in the market today. We already spotted the early signs but ever since the 50 bps rate cut things have accelerated. - USDT dominance is dropping - Altcoin dominance is rising These are 2 highly accurate leading indicators for predicting an altseason an overall bullish market. It doesn't take a genius to see USDT dominance is losing steam and altcoin dominance is actually bottoming out and gaining strength as we speak. The forecast overall is good and while many are currently stuck in their bear ptsd, the market was bound to get better someday. That someday is looking to be closer than we thing. #Altcoin #BullRun #BitEagleNews

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