Global

Tether, the prominent stablecoin issuer behind the USDT token, has announced a remarkable financial performance for the first half of 2024, reporting record-breaking profits of $5.2 billion. This impressive figure reflects the company’s robust financial health and growing influence in the digital asset market.

In a recent interview with Bloomberg, Samara Cohen, BlackRock's Chief Investment Officer of ETFs and Index Investments, forecasted that Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be integrated into model portfolios by the end of this year and into 2025.

In a move that reflects the growing importance of cryptocurrency and blockchain technology in the financial landscape, Alabama has introduced new measures aimed at regulating these emerging sectors.

Recent developments in the cryptocurrency market have highlighted significant movements in both Ethereum (ETH) and Tether (USDT) on exchanges, suggesting potential shifts in investor behavior and market sentiment.

In the dynamic realm of blockchain technology, cross-chain interoperability has emerged as a pivotal focus area. As blockchain networks evolve with diverse functionalities and features, the ability to seamlessly communicate and transfer data or value across different chains becomes imperative.

In a significant development for the world's largest economy, the United States' national debt has surpassed a historic milestone, crossing $35 trillion for the first time. This staggering figure has sparked concerns about the long-term sustainability of traditional fiat currencies and has prompted discussions about alternative assets like Bitcoin.