Tag: shrinks

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Tether clears $1.5 billion in profit as its safety cushion shrinks by half

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, driven by returns from its U.S. Treasury and repurchase agreement...

Jack Dorsey Cuts Over 4,000 Jobs as Block Shrinks Workforce Nearly in Half

Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey calls it one of the hardest...

Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop

Tether USDT$1.0003, the world's largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions...

Bitcoin volatility shrinks as tariff jitters fade: Crypto Markets Today

Crypto prices stabilized after Wednesday’s tariff-driven volatility, with bitcoin reclaiming $90,000 as equities rebounded and traders rotated back into risk assets.