Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Tether: Pioneering Expansion through Stablecoin Restructuring

Tether: Pioneering Expansion through Stablecoin Restructuring

Renowned as the global leader in stablecoin operations, Tether recently unveiled a significant overhaul of its business framework. This Tether stablecoin restructuring involves the establishment of four novel divisions – Tether Data, Tether Finance, Tether Power, and Tether Edu. The restructuring em…

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Gary Gensler's Twitter Antics: A Mixture of Disappointment and Confusion for Crypto Supporters

Gary Gensler’s Twitter Antics: A Mixture of Disappointment and Confusion for Crypto Supporters

The online world, particularly the cryptocurrency community, was recently taken on a rollercoaster ride by Gary Gensler. The Chair of the Securities and Exchange Commission (SEC) used his Twitter account to stir up a storm, leading his followers to believe that he was stepping down from his position…

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Bitcoin Dips Below 60K: Possible Reaccumulation Phase Ahead

Bitcoin Dips Below 60K: Possible Reaccumulation Phase Ahead

Despite a recent fall beneath the $60,000 threshold, there are growing signs that Bitcoin may be poised for a reaccumulation phase, signalling a potentially positive outlook. The dip in Bitcoin’s value to below $60,000 took place just days prior to the much-anticipated Bitcoin halving. However, the …

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Ethereum Outperforms Bitcoin in Stock Market Correlation: A Shift in Cryptocurrency Dynamics

Ethereum Outperforms Bitcoin in Stock Market Correlation: A Shift in Cryptocurrency Dynamics

Recent data has shown an unexpected development in the realm of cryptocurrencies, with Ethereum’s stock correlation surpassing that of Bitcoin, its primary competitor. The data, derived from IntoTheBlock, demonstrates that Ethereum’s correlation coefficient with the DAX, a prominent German stock ind…

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