Tether Records $13 Billion Profit for 2024, Boosted by All-Time Highs in Bitcoin and U.S. Treasury Holdings

The post Tether Records $13 Billion Profit for 2024, Boosted by All-Time Highs in Bitcoin and U.S. Treasury Holdings appeared first on Coinpedia Fintech News

Last year was a great one for the crypto market, which saw strong price increases, including Bitcoin breaking the $100,000 mark for the first time. With Donald Trump winning the elections and becoming the first U.S. president to be a supporter of cryptocurrency, many crypto-related companies earned significant profits. Among them, Tether, the company behind …