A Complete List of NFT Types and their Utilities
2023-02-10
Where is Dogecoin now – from Ecological State to Doge-Related Ecosystem
2023-02-10Tether Made Over $700 Million in Profits in Q4, 2022
Table of Contents
- 1 Search
- 2 Recent posts
- 2.0.0.1 A Complete List of NFT Types and their Utilities
- 2.0.0.2 Robinhood’s Crypto Revenue Declined to $39M in Q4 2022
- 2.0.0.3 Strategies to be Aware of When Trading Crypto
- 2.0.0.4 5 Ways to Learn About Cryptocurrencies in 2023
- 2.0.0.5 Lido Announces V2 Upgrade Plan
- 2.0.0.6 DCG Plans to Sell Genesis Trading and Lending Unit
- 2.0.0.7 These Web3-ready browsers are leading the decentralized internet age
- 3 Tags
Join the Trading Community: Learn & Earn with BingX.
Today’s Cryptocurrency Headline
Tether released its latest assurance opinion completed by accounting firm BDO on Thursday, showing that the company made a profit of $700 million in the fourth quarter of 2022. The Consolidated Reserve Report (CRR) showed that, in addition to reducing its secured loans as committed, Tether ended 2022 with zero commercial paper and at least $67 billion in consolidated total assets and excess reserves of at least $960 million.
BingX’s Bitcoin Chart
Source: TradingView & BingX
Bitcoin is down 4.53% over the last 24 hours and fell to an intraday low of $21,700.00. The largest cryptocurrency dropped below $22,000 after the SEC accused Kraken of offering an unregistered crypto staking program, calling it a violation of U.S. securities law. In recent weeks, the price has struggled to push above the significant resistance level of $25K, and now it is slowly declining. The relative strength dropped below the mid-point suggesting that the bullish momentum is cooling. As a result, the likelihood of a correction before the next rally has increased.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.