Bloomberg News & Analysis Today

Tether Strengthens Stablecoin Reserves with $8B Gold and Crypto Compliance Investments

Tether is holding around $8 billion worth of gold in a private vault in Switzerland, according to Bloomberg. The company has also invested in blockchain analytics firm Crystal Intelligence to step up efforts against illicit use of USDT.
Altcoin Season Forecast: Institutions Drive Next Crypto Rally

The current market is entering an altcoin season, but only for coins that major companies have added to their reserves. This view was shared by Bloomberg ETF analyst James Seyffart in an interview with Milk Road.
Ripple Spot ETFs Seen Drawing Billions Despite Regulatory Delays

In recent weeks, many crypto experts have expressed doubts about the success of Ripple Spot ETFs after their trading debut. But they may be wrong — and the implications for the XRP price could be significant.