Bitcoin24h $84,994.41+0.83%

Ethereum24h $1,875.73-0.12%

XRP24h $2.12-1.68%

BNB24h $601.30-1.89%

Solana24h $125.74-2.08%

Dogecoin24h $0.1725+0.18%

Cardano24h $0.6816+0.39%

TRON24h $0.2387+2.09%

Toncoin24h $4.05-1.24%

Chainlink24h $13.61-2.76%

Tether, MicroStrategy bought billions, yet bitcoin keeps falling

Tether has been minting USDT and buying bitcoin. MicroStrategy, Trump and others have bought more but why does the price keep crashing?

Garantex says ‘USDT in Russian wallets under threat’ as Tether freezes $27M

Garantex was sanctioned by the EU in February as it stepped up its efforts to bring an end to “Russia’s war of aggression against Ukraine.”

Tether has frequently promised to get an audit and has reiterated that promise again as it brings in a new CFO.

In December, Binance listed billions of dollars in excess proof-of-reserves but much of that capital buffer has now vanished from view.

A crypto trader has claimed that Pakistan authorities kidnapped him and forced him to give up $340,000 worth of crypto.