Fiat-based stablecoins, like the dollar, have shown higher growth, Treasury says. These assets play an integral role in transactions between cryptocurrencies, they indicate. The United States Department of the Treasury published a report this week in which it points out that stablecoins are increasingly choosing to maintain important short-term US Treasury guarantees. The document expects … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $893 million, the sixth consecutive day with positive capital flows. However, the salient data of the day is that BlackRock’s financial instrument set a record for money inflows. According to data from SosoValue, More than $872 million entered the iShares Bitcoin … Read more
Greed was awakened in the markets a few days before the presidential elections in the United States on November 5 and the price of bitcoin (BTC) was about to record a new all-time high (ATH). This feeling is reflected in the fear and greed index prepared by CoinMarketCapwhere you can see that the indicator currently … Read more
$TRUMP, $MAGA, and $DUM are some of the most popular PolitiFi tokens. Users stake their tokens on predictions about the candidates. PolitiFi tokens, a trend that combines crypto and politics, are making waves as the US elections approach. Current favorites include $TRUMP, $MAGA and $DUM, each with its own narrative and appeal to investors. These … Read more
“We cannot support any BRICS project to evade sanctions,” said the BIS director. The project has reached the “minimum viable product” stage and is ready for implementation. The Bank for International Settlements (BIS) is considering shutting down its pilot platform for cross-border payments, known as mBridge. This is an idea raised by Agustín Carstens, general … Read more
Treasury yields have risen 0.65% in a month. The real estate market is one of the most affected. US Treasury bonds have shown a considerable rise in their yields, reflecting market doubts about the ability of the Federal Reserve (Fed) to control inflation. After the recent rate cut, a movement that should bring calm, the … Read more
Bitcoin can help diversify the state’s portfolio, according to Patronis. The manager says that BTC is a refuge from the volatility of other larger assets. The head of the Florida governor’s finance office, Jimmy Patronis, proposed the use of bitcoin (BTC) as part of the state’s strategic reserve. In a letter to the State Board … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported inflows of more than $870 million, the third highest figure since these financial instruments went on the market in January 2024. According to data from SosoValue, BlackRock’s iShares Bitcoin Trust (IBIT) had positive capital flows of more than 642 million dollarswhile the Fidelity Wise … Read more
26 Eurasian countries make up the SCO, including main members and partners. The Secretary General of the SCO said that they seek the formation of a new world order. The Shanghai Cooperation Organization (SCO) has decided to follow the path marked by the BRICS alliance, now that it has ten member countries, fourteen partners and … Read more
“We think we are doing the best we can,” Ardoino said. Tether would be under scrutiny by authorities in the US and other countries for compliance issues. Paolo Ardoino, the CEO of Tether Limited, the company that issues the USDT stablecoin, faced public and media scrutiny after the publication of an article in the Wall … Read more