The U.S. Treasury Secretary bets on stablecoins becoming a key buyer of U.S. debt, pushing cryptocurrencies into the core of finance
US Treasury Secretary Yellen is betting that the cryptocurrency industry will become a key buyer of US government bonds in the next few years, as the US government is currently seeking support for the demand for massive new bonds. Sources familiar with the matt...
08-20 , 14:26
Analysis: Hedge funds are suspected to be the main force in this round of shorting Ethereum
nbsp;due to the failure of Ethereum prices to break through the resistance level as scheduled, a new decline has appeared. Analysis believes that the bearish pressure in this round of the market seems to be mainly driven by large hedge funds. These hedge funds ...
08-20 , 14:26
Bank of America: Stablecoins are disruptive applications in cross-border P2P payments, potentially generating annualized demand for US Treasury bonds worth up to $75 billion.
the latest research report from Bank of America has deeply analyzed the potential revolutionary power of stablecoins in the financial system, pointing out that this digital asset, despite facing regulatory controversies, has already shown unique advantages in a...
08-20 , 14:25
Strategy's stock price fell to its lowest point in nearly 4 months, possibly due to the Bitcoin price correction and the company's stock issuance policy adjustment.
as reported by Cointelegraph, the stock price of Strategy (MSTR) fell by 7.43% yesterday, closing at $336.57, the lowest level since April 17....
08-20 , 14:25