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Tether CEO says company now holds about 150,000 Bitcoin

By John Chen

Tether's significant Bitcoin holdings highlight the growing intersection of stablecoins and volatile assets, impacting crypto market dynamics. The post Tether CEO says company now holds about 150,000 Bitcoin appeared first on Crypto Briefing.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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