Today #tether announces its Q1 2023 Assurance Report (attestation) 👀
- Net profit for this quarter of $1.48bn leading to a surplus over reserves of $2.44B- an all time high!! 🤯
- This report adds new explicit separate categories for our #Bitcoin and Gold 🪙 holdings, representing 2% and 4% of our total reserves respectively.
- We have reduced secured loans from 8.7% to 6.5% of reserves. A 25% reduction! We shall continue to 0 as promised.
- Q1/2023 shows direct US T-bill holdings of over $53bn (another all time high for Tether) representing more than 64% of total reserves.
- A massive reduction in bank deposits, lowering our unsecured counterparty exposure.
- All new issuance of tokens in Q1/2023 was invested in US t-bills or placed in overnight reverse repo facilities (fully collateralised by US treasuries). With $7.5bn now directly invested in overnight reverse repo, our reserves continue to be not only extremely high quality but also highly liquid.
Thanks for all your support ❤️
Here is the sauce ⤵️
This selling pressure came from @Binance and @FTX.
$BTC Exchange Inflow CDD(Coins Days Destroyed) indicates old whale deposits. Binance's Inflow CDD reached a year-high before the drop.
Live Chart 👇
https://t.co/ZFbCskaIOE
#PolkadotDecoded, the biggest Polkadot event of the year, is taking place on June 29-30! Register now to dive into talks, demos, and interactive workshops on all things Polkadot.
Choose from locations all around the world or join online. To save your spot:https://t.co/31hQ9hVLwX
1/ Jack Dorsey’s @TBD54566975 unit has just announced it is building “Web5”.
This new decentralized web leverages #Bitcoin to put users back in control of their data and identity - once and for all.
Here’s a thread with all you need to know 🧵…
Introducing a16z’s 2022 State of Crypto Report
A lot has changed since we started investing in crypto nearly a decade ago.
Here are 5 key takeaways from the a16z crypto web3 industry survey and data analysis by @darenmatsuoka, @eddylazzarin, @cdixon & @rhackett ⬇️
Аааааааааааа бегите с #Bitcoin
Не стоит его покупать, это скамина, только идиоты покупают на страхе, нужно покупать на жадности.
Почему же он падает Кирилл.... ШО ДЕЛАТЬ?
Это же лютая скамина, нас всех обманул "великий манипулятор".
Я : Покупаю, покупаю, покупаю.... 😅