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Tether CEO Paolo Ardoino recently claimed that his company will make $15 billion in profit this year. He added that it has a 99% profit margin, which would be astronomically successful.Of course, we should interpret these comments in light of a rumored impending IPO. Ardoino also stated that its purported $500 billion valuation would be “very cheap,” and described turning away investors. Tether’s Surging ProfitsTether, the world’s largest stablecoin issuer, posted $13 billion in profits last year. However, it seems on track to surpass this staggering figure in 2025. Today, CEO Paolo Ardoino gave a talk in Lugano, Switzerland, where…

HBAR price rose by 2.4% today, Oct. 24, mirroring the performance of the crypto market after the September inflation report. Hedera token’s rebound may continue in the coming days after the developers made a major staking announcement.  HBAR Price May Rebound After a Major Staking Move HBAR token has jumped by 67% from its lowest level this month. One potential catalyst for the rally is the encouraging US inflation report. Data shows that the headline CPI rose from 2.9% in August to 3.0% in September, lower than the median estimate of 3.0%. The inflation report means that the Federal Reserve…

Investment banking giant JPMorgan Chase plans to let institutional clients use their bitcoin BTC$111,664.70 and ether ETH$3,949.35 holdings as collateral for loans by year-end, according to a report by Bloomberg.The tokens pledged under the global program will be safeguarded by a third-party custodian and extends JPMorgan’s earlier move to accept crypto-linked ETFs as loan collateral.This development reflects the rapidly growing integration of digital assets into Wall Street’s core lending infrastructure. With Bitcoin hitting record highs this year and regulatory hurdles easing under the current administration, major banks like JPMorgan are shifting from skepticism to actively incorporating crypto into their financial…

Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum.Due to the lack of investment, Bitcoin is on track for its worst October performance…

The ASTER token is teetering near a critical support level of $1.03-$1.00. A potential drop below $1 risks triggering further declines to $0.90. The outlook is despite a buyback plan the Aster team announced on Friday. Aster DEX, a decentralized exchange backed by YZi Labs and linked to Binance co-founder Changpeng Zhao, has unveiled a significant buyback initiative to bolster its native token, ASTER. Announced earlier today, the plan proposes allocating 70-80% of Season 3 fees toward ASTER buybacks, contingent on market conditions. However, despite this bold move, market data and technical outlook suggest that ASTER faces substantial risks of…

Tony Kim Oct 24, 2025 20:59 Political commentator Tucker Carlson claims the CIA’s involvement in Bitcoin’s creation and criticizes the lack of privacy in digital currencies during a Turning Point USA event. Tucker Carlson’s Controversial RemarksTucker Carlson, a well-known political commentator, recently made headlines with his controversial remarks on cryptocurrency during a Turning Point USA event. According to CoinMarketCap, Carlson asserted his belief that the Central Intelligence Agency (CIA) was behind the creation of Bitcoin (BTC). This claim revives an unpopular theory that has sporadically circulated within the crypto community.Concerns Over Digital PrivacyIn…

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is buoyant, with bitcoin BTC$111,664.70 climbing to $111,500 and the CoinDesk 20 (CD20) Index rising 2% to 3,667 points. Most major cryptocurrencies, including BNB, XRP, SOL, and ETH, traded higher after President Trump pardoned Binance founder Changpeng Zhao.Additionally, the White House confirmed a Trump-Xi meeting on the sidelines of the Korea summit early today.Timothy Misir, head of research at BRN, described the market bounce as constructive but fragile. “The positive ETF print into Bitcoin and Dolphin cohort accumulation provide a steadying base, yet long-term holder distribution and a record…

Yesterday, Ledger, aka the global leader in digital asset security, threw their Op3n event. Huge product drops, panels with big names, basketball games (no kidding) – this event had it all. And… oh, would you look at that? Notice something familiar? … No? Aight, lemme help: Yes, BitDegree was there to witness it all! And it wouldn’t be us if we didn’t give you the inside scoop. So, here are some highlights 👇 1/ Ledger Nano Gen5 Ledger dropped their newest device – the Ledger Nano Gen5. … And it’s packing some good stuff: 👉 Transaction Check: this feature (already…

Bitcoin price surged past $111,000 today after new U.S. inflation data showed a milder-than-expected rise in consumer prices, strengthening expectations that the Federal Reserve will move ahead with additional rate cuts this year. The Consumer Price Index (CPI) rose 0.3% month-over-month in September, below economists’ forecasts of 0.4%, while “core” CPI — excluding food and energy — rose just 0.2%, also softer than expected.  On a year-over-year basis, both headline and core inflation registered 3.0%, slightly below estimates. The release, delayed 10 days by the ongoing government shutdown, was one of the few major economic reports to make it out…

Ripple officially completed its Hidden Road acquisition, becoming the first crypto firm to own a global multi-asset prime broker.The $1.25 billion deal will embed Ripple’s technology and products into institutional operations, further strengthening its presence in traditional finance.Sponsored SponsoredHidden Road Rebrands Under Ripple PrimeRipple announced today the completion of its acquisition of one of the world’s fastest-growing non-bank prime brokers. As part of this move, Hidden Road will now operate under the name Ripple Prime.The news confirms Ripple’s takeover of a global, multi-asset prime brokerage, solidifying plans the company first set in motion in April. The new entity will offer…