Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
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Ray Dalio says investors should own ‘a bit of Bitcoin’ as U.S. debt risks rise
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
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Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.
Ether is crushing bitcoin and the 'golden cross' says it may not be done yet
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
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Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 24
Your look at what's coming in the week starting Aug. 24
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Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Fed experiment shows how bitcoin rallies attract new crypto buyers
Households shown bitcoin’s prior-year return were 23% more likely to report owning crypto in a follow-up survey.
Households shown bitcoin’s prior-year return were 23% more likely to report owning crypto in a follow-up survey.
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Bitcoin steadies near $78,000 as gold rallies, altcoins consolidate after best week in 3 years
BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback announcement that squeezed over $3 billion in shorts.
BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback announcement that squeezed over $3 billion in shorts.
Gemini strikes Apex deal to widen prediction markets reach
The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.
The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.
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Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
Strategy raises $2 billion through MSTR sales and creates new USD Cash pool
The company sold 18.26 million MSTR shares, increased its USD Reserve to $5.1 billion and repurchased another $136.4 million of STRC.
The company sold 18.26 million MSTR shares, increased its USD Reserve to $5.1 billion and repurchased another $136.4 million of STRC.
New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation
Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.
Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.
Crypto political group details list of U.S. congressional allies its backing this year
Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.
Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
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Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning
BTC is up more than 25% on the week after Treasury’s bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.
BTC is up more than 25% on the week after Treasury’s bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.
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Crypto rally spills into dog and cat memecoins as smaller tokens double in a week
Robinhood Chain-based Cash Cat jumped more than 50% in a day, while several smaller animal-themed tokens have gained between 50% and 130% over the past week.
Robinhood Chain-based Cash Cat jumped more than 50% in a day, while several smaller animal-themed tokens have gained between 50% and 130% over the past week.
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
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