Stablecoin issuer Tether has published its Q1 2025 attestation report, which has revealed interesting financial results that include U.S. Treasury holdings approaching a new high. The report also highlights its quarterly operating profits exceeding a key benchmark. The attestation was done by BDO which is one of the top five independent accounting firms globally.
Tether approaches $120 billion in US treasuries holdings
According to the report, Tether’s total assets amount to $149.27 billion against liabilities of $143.68 billion. The company is now operating under regulatory supervision in El Salvador where it holds a license as a stablecoin issuer.
Tether Approaching $120B in U.S. Treasuries, Confirms Quarterly Operating Profit Over $1B, and Strengthens Global USD₮ Demand in Q1 2025 Read more: https://t.co/U43RJ6bWWC
Tether’s Q1 2025 attestation has revealed that the stablecoin issuer has reached an ATH of total exposure in U.S. Treasuries approaching $120 billion. This figure includes direct Treasury holdings as well as indirect exposures through money market funds and reverse repo agreements.
The company’s Treasury portfolio was a key driver of its financial performance for the quarter. It has contributed to the over $1 billion in operating profit from traditional investments. Tether noted that performance from its gold holdings helped offset volatility in cryptocurrency markets during the period.
HBAR has recorded its first spot inflow in the past seven days, attracting $1.5 million in fresh capital.
This marks a positive shift in market sentiment as investors regain confidence in the altcoin. It also aligns with the broader market’s attempt to recover from recent downturns.
Bullish Momentum Builds as HBAR Gains $2 Million in Inflows
HBAR’s spot inflows surged to nearly $2 million on Monday, signaling a resurgence in bullish sentiment toward the altcoin. Data from Coinglass reveals that this is the first time HBAR has attracted fresh capital in seven days, marking a shift in investor confidence.
According to the on-chain data provider, between March 11 and 16, the altcoin faced consistent sell pressure, with spot outflows exceeding $10 million. This latest inflow suggests a bullish reversal in market sentiment, hinting at a possible recovery as investors regain interest in HBAR.
Furthermore, the altcoin’s positive Balance of Power (BoP) highlights this renewed interest. At press time, this momentum indicator is in an upward trend at 0.62.
The BoP indicator measures the strength of buyers against sellers in the market to identify momentum shifts. A positive BoP like this suggests that buying pressure outweighs selling pressure, indicating growing demand and potential price appreciation.
If HBAR’s BoP remains positive, it confirms the bullish dominance, reinforcing the current buying pressure and supporting a sustained uptrend in the asset’s value.
HBAR Eyes $0.22 as Demand Grows—Will Bulls Maintain Momentum?
HBAR exchanges hands at $0.19 at press time, trading above the support floor at $0.17. As demand grows, the altcoin could climb toward the resistance at $0.22.
A successful break above this level could propel HBAR’s price to $0.26, a high it last traded at on March 4.
Conversely, the bullish outlook would be invalidated if sellers regain dominance and profit-taking strengthens. In this case, HBAR’s price could fall to $0.17.
After hitting a record low earlier this month, Pi has been trading between $0.60 and $0.65. While price volatility has settled, there’s still no sign of a strong recovery.
Adding to the frustration, crypto payment platform Banxa has reportedly paused Pi transactions, likely due to pending Know Your Business (KYB) approval. Banxa previously purchased millions of Pi at low prices and may return once approval is granted and Pi’s price improves.
Meanwhile, it’s been over two months since Pi Network won Binance’s community vote by a wide margin, yet the token remains unlisted. Hope sparked again on April 25, when Binance released new listing guidelines, prompting fresh speculation.
Binance’s new evaluation framework stresses strong fundamentals, adoption metrics, tokenomics, team credibility, and compliance. For projects like Pi, which already have a circulating token, special attention is given to trading volume, liquidity, and market performance.
However, major challenges remain. Pi is not yet operating on any of the four blockchains currently supported by Binance (BNB Chain, Solana, Base, and Ethereum). Without integration into a supported chain or a clear timeline for expansion, Pi’s path to a Binance listing remains uncertain.
Pi Coin Price Prediction?
Pi is currently trading in a tight range, with price compressing inside a wedge pattern. Key resistance is at $0.65, and a confirmed breakout above $0.65—especially with strong volume—could spark a sharp rally. However, if the price fails to break above this level, it may fall back to test support around $0.60.
Crypto analyst Dr Altcoin said, “Pi is doing well! I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14–16, 2025) rather than at the end of August when Pi unlocking significantly reduces.”
The post Pi Network Suspension: Banxa Pulls Back on Pi Coin as Binance Listing Criteria Offer a Glimmer of Hope appeared first on Coinpedia Fintech News
After hitting a record low earlier this month, Pi has been trading between $0.60 and $0.65. While price volatility has settled, there’s still no sign of a strong recovery. Adding to the frustration, crypto payment platform Banxa has reportedly paused Pi transactions, likely due to pending Know Your Business (KYB) approval. Banxa previously purchased millions …
Crypto trading, often associated with substantial volatility and risks, has created a new class of millionaires and billionaires who have made their fortune through strategic investments. While their success stories dominate headlines, the ways these individuals deploy their digital fortunes reveal a spectrum of ambition, extravagance, and eccentricity.
From extravagant art purchases that defy logic to massive investments in cars and real estate, these individuals are redefining what it means to spend big. Here’s a look at some of the ways crypto millionaires have splashed their digital cash.
Well, specifically, a banana duct-taped to a wall. He acquired the artwork, titled ‘Comedian’ by Italian artist Maurizio Cattelan, at a Sotheby’s auction in New York.
Originally purchased for 35 cents from Shah Alam, a 74-year-old Bangladeshi immigrant working near Sotheby’s, the banana’s value surged through Cattelan’s conceptual art.
Sun, whose net worth is $8.5 billion according to Forbes, didn’t just buy the piece for show. He later ate the banana during a press conference in Hong Kong.
“Many friends have asked me about the taste of the banana. To be honest, for a banana with such a back story, the taste is naturally different from an ordinary one,” Sun wrote on X.
Moreover, in March 2021, he purchased a Beeple non-fungible token (NFT) for $6 million. Later that year, in November 2021, Sun bought the Alberto Giacometti sculpture Le Nez at Sotheby’s for $78 million.
However, this acquisition became embroiled in a heated legal dispute. In February 2025, Sun sued media mogul David Geffen, alleging his former employee stole and sold the sculpture to Geffen for $65.5 million without his consent. Meanwhile, in April 2025, Geffen’s countersuit labeled Sun’s claims a “sham” tied to crypto market woes.
Sun’s spending extends beyond art. In December 2021, he outbid competitors by paying $28 million for a seat on Blue Origin’s first spaceflight, owned by Jeff Bezos. Despite winning the bid, which benefited space-related charities, scheduling conflicts prevented Sun from participating in the launch.
Carl Runefelt (Carl Moon)
Carl Runefelt, widely recognized by his online alias Carl Moon, is a Swedish crypto investor and social media influencer. He rose from being a supermarket cashier to a multi-millionaire crypto influencer in Dubai.
Runefelt publicly documents his millionaire crypto lifestyle, sharing it with his 1.5 million followers on X, around 245,000 followers on Instagram, and 360,000 subscribers on YouTube. His social media presence is dominated by displays of luxury, including hypercars, private jets, and high-end watches, making him a poster boy for the “crypto bro” lifestyle.
Among his notable acquisitions is a Bugatti Veyron, which he reportedly purchased for $2 million.
“I quit my supermarket job as a cashier back In November 2018. Now, 3 years later I’m driving a Bugatti Veyron in Dubai. What’s the next car I should buy?” Runefelt wrote in a 2022 post on Instagram.
In January 2024, Runefelt added a $300,000 G-Wagon to his car collection. In September that year, he splurged $800,000 on a Ferrari. Moreover, in February 2025, he expanded his car investments with four more Ferraris worth $4 million.
Runefelt also owns a custom $1 million Jacob & Co. watch and a $140,000 Patek Philippe Nautilus, among other expensive acquisitions. These purchases reflect his affluent lifestyle, fueled by his cryptocurrency success, and form part of his strategy to inspire followers through visible wealth.
Ed Craven
Ed Craven is an Australian billionaire and co-founder of Stake.com, a cryptocurrency-based online casino, and Kick, a live-streaming platform. He has a net worth of $2.4 billion, mainly from Stake’s success.
The platform, launched in 2017 with Bijan Tehrani, is now one of the world’s largest offshore crypto casinos. Notably, in 2025, Craven appeared on Forbes’ list of the youngest billionaires. He is one of only two self-made billionaires under 30.
Craven has used his cryptocurrency wealth for lavish yet smart purchases. He owns one of Australia’s most expensive homes on St George’s Road, Toorak, which he purchased for $80 million. He also bought a $38.5 million property on Orrong Road and owns multimillion-dollar homes in Southbank and Mount Macedon.
Craven’s spending also extends to sports. He committed $100 million to rename the Alfa Romeo Formula One team as the “Stake F1 Team Kick Sauber.”
While real estate dominates his portfolio, his sports investments highlight a strategic use of wealth to elevate personal and corporate prestige, aligning with his entrepreneurial vision.
