Treasury’s latest measure isn’t QE or YCC. Still, bitcoin is skyrocketing. Here’s why.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
Treasury buybacks could set up bitcoin’s next move toward $180,000, says strategist
Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer.
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.
Ripple backs an RLUSD credit fund amid XRP’s best week in months
Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.
MANTRA token plunges 18% to record low as blockchain halts after exploit
The token touched $0.004126 minutes before the network stopped producing blocks, while MANTRA later said an attacker exploited a vulnerability in software used by...
The New Bitcoin Bull Run Is Just Beginning (Explained in 10 minutes)
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The New Bitcoin Bull Run Is Just Beginning (Explained in 10 minutes)
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Bitcoin, ether and solana climb as another $1 billion shorts get wiped out
The two-day short liquidation total has reached about $3.8 billion, after Thursday’s figure set a record going back to 2021.
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.