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Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble.
Last month, it announced it would allocate up to $20 million of its excess cash reserves to bitcoin.
The last two years have been remarkable for Solana, recording a staggering price appreciation of +2,143%. In this article, we utilize the new breakdown metrics for Solana to inspect and understand the underlying capital flows responsible for the dramatic ascent.
MARA, the largest publicly-listed miner in the U.S., acquired 15,574 BTC for about $1.53 billion.
Hut 8, the eighth-largest public miner by market cap, acquired 990 bitcoin for approximately $100 million.
A crypto analyst said we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
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