What's a Fair Value for Crypto Networks Like BTC, ETH and SOL? - Ep. 721
Unchained
Innovate or Stagnate: Embrace New Opportunities
Tether is expanding into traditional finance by exploring lending opportunities with commodity traders, leveraging its significant cash reserves and enabling U.S. dollar transactions in regions under sanctions. This strategy is part of Tether's broader investment diversification that includes U.S. treasuries, precious metals, and corporate bonds, a move reflecting its robust profit of $5.2 billion in the first half of 2024. Additionally, Praxis has raised $525 million to develop a futuristic city aimed at fostering innovation in crypto, AI, energy, and biotech, thereby establishing a hub for entrepreneurs and advancing Western values. The dynamic discourse within the crypto community highlights its vibrant and sometimes contentious nature, exemplified by recent exchanges between notable figures on Twitter that underline the competitive landscape of crypto investments.
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