Live updates: promos, term changes, new challenges, payouts.
Germany's largest bank, with assets of around $1.7 trillion, began offering cryptocurrency custody services to paying clients on November 11. It filed its application with regulator BaFin back in June 2023 - the wait stretched to 41 months.
Tether CEO (the issuer of USDT, the largest stablecoin — a coin whose rate is pegged to the dollar) Paolo Ardoino said the company holds about 150,000 BTC, worth roughly $11.5 billion. The latest reporting implies an amount $3.8 billion lower.
Tether CEO (the company issuing the largest stablecoin USDT - a coin with an exchange rate pegged to the dollar) Paolo Ardoino cited a figure of 150,000 BTC, worth roughly $11.5 billion. The company's quarterly report lists about 100,000 BTC, and he did not specify where the difference came from.
Switzerland published the consumer price index (CPI - the main measure of inflation, the growth in prices of goods and services for the population) for October. The figures came in above expectations for both monthly and annual dynamics.
The USD/CHF pair rose to 0.8367 on the morning of October 1, a 16-month high, and has been rising for the seventh consecutive trading session. Pressure on the franc was intensified by weak investor expectations for the Swiss economy and the SNB's dovish stance.
