JUST IN: πΊπΈ The U.S. Treasury is set to conduct another bond buyback tomorrow, aiming to purchase up to $6 billion in longer-term debt.
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JUST IN: Big names in finance launch a new crypto stablecoin β Open USD $OUSD
Backed by:
β’ Visa
β’ Stripe
β’ Shopify
β’ Coinbase
β’ Mastercard
$OUSD launches across Solana, Base, Ethereum, and Tempo with $1 billion in initial liquidity.
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Backed by:
β’ Visa
β’ Stripe
β’ Shopify
β’ Coinbase
β’ Mastercard
$OUSD launches across Solana, Base, Ethereum, and Tempo with $1 billion in initial liquidity.
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JUST IN: πΊπΈ The U.S. Senate is preparing to vote on a bill that would prohibit members of Congress and their immediate families from trading stocks.
The measure doesnβt mandate divestment of current assets, but it would block all future trades.
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The measure doesnβt mandate divestment of current assets, but it would block all future trades.
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JUST IN: πΊπΈ The Federal Reserve is no longer expected to raise interest rates at the upcoming FOMC meeting.
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JUST IN: πΊπΈ According to the NYT, $META categorized Mark Zuckerberg as a "researcher" to secure a $355 million tax break on his $4 billion compensation package.
Now, the IRS is moving to reclaim the $355 million in unpaid taxes.
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Now, the IRS is moving to reclaim the $355 million in unpaid taxes.
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JUST IN: πΊπΈ SEC Chair Paul Atkins states the agency is actively working to establish clearer regulations for crypto and digital financial innovation.
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JUST IN: πΊπΈ Florida Governor Ron DeSantis says the U.S. should "never" implement a Central Bank Digital Currency (CBDC).
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JUST IN: πΊπΈ OpenAI CEO Sam Altman has decided not to attend the upcoming Congressional hearing on AI.
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JUST IN: πΊπΈ President Trump says Jerome Powell, Federal Reserve chair, should be "forced to resign" from the board.
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JUST IN: Google $GOOGL has officially unveiled its most advanced AI model to date β 'Gemini 4'.
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JUST IN: πΊπΈπ¨π³ A former senior Federal Reserve official was blackmailed by a Chinese intelligence agent after sharing explicit photos on an Asian dating appβusing his government-issued phone.
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JUST IN: MetaMask is responding to a security incident affecting part of its infrastructure.
The team confirms there is "no immediate threat" to user wallets at this time.
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The team confirms there is "no immediate threat" to user wallets at this time.
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JUST IN: πͺπΊ EU regulators say they need stronger powers to effectively supervise the crypto industry.
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JUST IN: πΊπΈπ«π·π©πͺ The U.S. has issued a warning that it might impose an export ban on France and Germany unless they release emergency diesel reserves, according to Reuters.
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JUST IN: πΊπΈ Citi predicts Bitcoin could reach $113,000 next year, driven by U.S. stimulus measures that may spark a $2.8 trillion market surge.
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JUST IN: πΊπΈ Illinois pauses plans to introduce a tax on cryptocurrency transactions, regardless of whether they generate profit or loss.
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JUST IN: πΊπΈ U.S. mortgage rates surge to their highest level since 2023.
β’ The average rate on a 30-year fixed mortgage has jumped to 7.6%, reaching its peak since 2023βadding substantial costs for homebuyers seeking financing.
β’ The 10-year Treasury yield climbed to its highest point since 2002, marking its strongest quarterly rise since 1994 as market conditions continue to shift.
β’ Meanwhile, the 30-year Treasury yield reached 5.69%, driven by ongoing investor sell-offs of U.S. government bonds.
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β’ The average rate on a 30-year fixed mortgage has jumped to 7.6%, reaching its peak since 2023βadding substantial costs for homebuyers seeking financing.
β’ The 10-year Treasury yield climbed to its highest point since 2002, marking its strongest quarterly rise since 1994 as market conditions continue to shift.
β’ Meanwhile, the 30-year Treasury yield reached 5.69%, driven by ongoing investor sell-offs of U.S. government bonds.
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JUST IN: πΊπΈ U.S. lawmakers are advancing plans for comprehensive cryptocurrency regulations, potentially allowing banks and credit unions to hold digital assets, issue stablecoins, and utilize blockchain infrastructure.
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