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Tether CEO Dismisses IPO Plans Amid Valuation Discussions According to BlockBeats, Tether CEO Paolo Ardoino recently stated that the company has no plans to pursue an initial public offering (IPO). Addressing the market's valuation of $515 billion, Ardoino described this figure as "somewhat conservative."
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Ethereum Whale Increases Holdings Amid Market Activity AI Summary According to Odaily, a significant Ethereum holder, previously incurring losses from leveraging 8,613 ETH, has recently increased their holdings by an additional 1,341 ETH, valued at approximately $3.52 million. Over the past five days, this address has accumulated a total of 5,002 ETH on-chain, with a total value of around $13.05 million, averaging a purchase price of $2,580 per ETH. All acquired ETH has been deposited into Aave as collateral, with some USDT borrowed against it. #Eth #Usdt
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U.S. Weekly Jobless Claims Rise to Highest Level Since October According to Odaily, the number of initial jobless claims in the United States for the week ending May 31 reached 247,000. This figure surpasses market expectations of 235,000 and marks the highest level since the week of October 5 last year.
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Latest News
Binance Sets Industry Benchmark With Transparent Proof-of-Reserves
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Bitcoin(BTC) Drops Below 105,000 USDT with a 1.40% Decrease in 24 Hours
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Binance to Suspend IoTeX Network Transactions for Upgrade
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Norwegian Firm K33 Initiates Targeted Stock Offering to Bolster Bitcoin Strategy
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Tether Treasury Mints 1 Billion USDT on Ethereum Network
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