Tether to Move Headquarters to El Salvador Following License Approval
Tether, the issuer of the widely used stablecoin, has announced plans to relocate its operations, including its headquarters and subsidiaries, to El Salvador following the acquisition of an official license to operate within the country. In a statement dated January 13, Tether confirmed it had been granted authorization as a digital asset service provider and […]
MicroStrategy Seizes Bitcoin Dip, Accumulating Over 450K BTC
MicroStrategy has crossed a significant milestone, amassing over 450,000 Bitcoin after seizing a market dip with a $243 million purchase. The company’s latest acquisition was confirmed by its founder and chairman, Michael Saylor, in a Jan. 13 update on X (formerly Twitter). MicroStrategy acquired the Bitcoin at an average price of $95,972 per coin, bringing […]
Bitcoin Drops Below $90K as Investors Prepare for Looming Economic Uncertainty
On Jan. 13, Bitcoin faced notable selling pressure, dipping under $90,000 for the first time in two months. The 12.5% decline over the week dampened trader enthusiasm, though derivatives indicators painted a neutral to slightly bearish picture, hinting that larger investors like whales and market makers were relatively unaffected by the drop. Bitcoin futures contracts, […]