The US Department of the Treasury has published a notice of proposed rulemaking to implement the GENIUS Act, a legislative framework designed to regulate payment
Category: Global Economy
Bitcoin May Confirm Bear-Market Bottom in August if Price Rises Above $63,000, 10x Research Says
Analysts at 10x Research have identified a potential turning point for Bitcoin, suggesting the cryptocurrency could signal the end of its current bear market if
Bitcoin Faces Pressure as ETF Redemptions and Miner Sales Weigh on Price
The cryptocurrency market experienced renewed volatility as Bitcoin prices edged downward amid significant outflows from US spot exchange-traded funds (ETFs) and heightened selling pressure from
US and UK Reaffirm Digital Asset Regulatory Cooperation Amid Stablecoin Legislation Progress
The United States and the United Kingdom have pledged continued collaboration on digital asset regulation, with officials discussing stablecoin frameworks, market structures, and cross-border payment
Bitcoin and Ether Prices Rise Amid Treasury Buyback Expansion and SEC Crypto Proposal
Bitcoin and ether prices surged to multi-month highs as U.S. Treasury buybacks expanded and the Securities and Exchange Commission unveiled proposed crypto regulations. Bitcoin climbed
Traders Reduce Odds of September Fed Rate Hike to 44% Amid Weak July Payrolls, Bitcoin Rises Slightly
Traders lowered the probability of a September Federal Reserve rate hike to 44% after US non-farm payrolls fell by 23,000 in July, below forecasts, while
Bitcoin Hits August Highs Amid Weaker US Jobs Data
Bitcoin and global risk assets surged on Monday after US nonfarm payrolls fell by 23,000 in July, prompting investors to reassess Federal Reserve policy expectations.
Preferred Stocks Recover Amid Bitcoin Stabilization and Market Volatility
Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
Tudor Investment Boosts Stake in BlackRock Bitcoin ETF, Cuts Call Options by 85%
Tudor Investment has increased its direct stake in BlackRock’s iShares Bitcoin Trust ETF (IBIT) by 18.9% in the second quarter, while sharply reducing its call
Bitcoin ETFs face two-day outflows as crypto prices decline
Spot bitcoin ETFs experienced $192 million in back-to-back outflows for the first time since late July, coinciding with bitcoin’s drop to its lowest level since
