SouthKorea

News 2025 May 2, 00:01 (44 days ago )

6 hours Crypto Highlights: XRP, Tether, Bitcoin, Bithumb, Polygon – Market Buzzing!

In a significant move, #Ripple transferred 1.1 billion #XRP tokens, raising eyebrows in the market about potential implications for liquidity and trading strategies. This transfer comes amid increased scrutiny of crypto regulations, particularly with #SouthKorea designating #Bithumb as a conglomerate, which could affect its operational framework.

#Tether announced an impressive $1 billion operating profit forecast for Q1 2025, a figure that reinforces its strong position in the stablecoin market. Meanwhile, public companies have reportedly acquired 96% of all #Bitcoin expected to be mined by 2025, indicating a growing institutional interest in the leading cryptocurrency.