BOOK OF MEME

Bitcoin

Show

Memecoin

MEME

<p>According to Crypto Patel (@CryptoPatel), Tether, the renowned stablecoin giant, has once again strengthened its Bitcoin reserves. The company made a substantial acquisition of 8,888.88 Bitcoin, valued at $628 million. This strategic move has elevated Tether’s total Bitcoin holdings to an impressive 75,354 BTC, worth approximately $5.3 billion.</p>
<p>The transaction was recorded in Tether’s Bech32 address, commonly attributed to the company. Although Tether has not officially confirmed its ownership of the wallet, the “bc1qj” address now ranks as the seventh-largest holder of Bitcoin by volume.</p>
<p>Significantly, all deposits can be traced back to Bitfinex, an Ifinex subsidiary based in the British Virgin Islands. This infusion of 8,888.88 BTC lately follows a similar allocation of the same amount on December 31, 2023.&nbsp;</p>
<p>Moreover, the “bc1qj” wallet has exhibited a consistent pattern of Bitcoin accumulation since its initial transaction of 0.1 BTC on September 30, 2022. However, the wallet has also executed minor Bitcoin divestments, such as the transaction on January 18, 2024, when it spent 0.00167436 BTC.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-tether-s-market-leadership-and-expansion-strong"><strong>Tether’s Market Leadership and Expansion</strong></h2>
<p>Additionally, Tether’s digital currency, tether (USDT), leads as the top dollar-tied cryptocurrency by market capitalization, reaching $104.44 billion as of April 1, 2024. Consequently, Tether has experienced significant expansion over the last year, witnessing notable growth in investments, revenue, and reserve expansion.</p>
<p>The news of Tether’s substantial Bitcoin purchase highlights the company’s commitment to strengthening its reserves and solidifying its position as a leading stablecoin provider. Furthermore, this strategic move underscores the growing importance of cryptocurrency in the global financial landscape.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/bitcoin-and-altcoins-bleeding-but-heres-why-community-expects-a-quick-rebound/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin and Altcoins Bleeding, But Here’s Why Community Expects a ‘Quick Rebound’</a></li>
 <li><a href="https://captainaltcoin.com/why-is-the-crypto-market-down-today-22/" target="_blank" rel="noopener noreferrer nofollow">Why is the Crypto Market Down Today?</a></li>
 <li><a href="https://captainaltcoin.com/book-of-meme-bome-poised-for-massive-move-analysts-predict-these-next-price-targets-for-the-solana-memecoin/" target="_blank" rel="noopener noreferrer nofollow">BOOK OF MEME (BOME) Poised for “Massive Move”: Analysts Predict These Next Price Targets for the Solana Memecoin</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/tether-bolsters-bitcoin-reserves-with-massive-purchase-of-8888-88-btc/" rel="noopener noreferrer nofollow">Tether Bolsters Bitcoin Reserves with Massive Purchase of 8,888.88 BTC</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Tether Bolsters Bitcoin Reserves with Massive Purchase of 8,888.88 BTC

Table of Contents

CaptainAltcoin

دیگر آرٹیکلز 2 اپریل، 2024 پر پبلش کیے گئے ہیں

Discover 3 Best Cryptos Under $1 for 2024: Polygon (MATIC), Raboo (RABT) and TRON (TRX)

Crypto.com to launch services for retail traders in South Korean market

Spot Bitcoin ETF trading volume tripled in March to $111 billion

Dubai Welcomes Crypto Derivatives Exchange Deribit With License

ISKRA Token (ISK) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Groundbreaking Robot Inspired by Chinese Rice Grasshopper Revolutionizes Robotics

Join our free newsletter for daily crypto updates!