bought

Deltec, the bank for stablecoin issuer Tether, bought ‘large position’ in Bitcoin for clients

Deltec, the bank for stablecoin issuer Tether, bought ‘large position’ in Bitcoin for clients

Deltec, the Bahamas-based bank that holds the reserves for stablecoin giant Tether, holds a “large position in bitcoin” according to its chief investment officer. CIO Hugo Rogers disclosed the investment during a year-in-review video published on January 14. Specifically, the comments about the bitcoin position were in the context of a question about Deltec’s “high …

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Coinbase says retail customers bought bitcoin during this month’s market crash

Coinbase says retail customers bought bitcoin during this month’s market crash

Crypto exchange Coinbase has said that its retail clients bought bitcoin the most during this month’s market crash. In a report published Tuesday, Coinbase said its customers typically buy 60% more than they sell, but during the crash, that figure jumped to 67%. Bitcoin (BTC) was the most favored cryptocurrency among Coinbase buyers, with over …

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