Why yields are rising matters more for bitcoin than how high they go. www.coindesk.com
Treasury
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Markets
Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing
by shayaanby shayaanThe bank is bringing its roughly $100 billion Treasury fund to institutional crypto firms without creating a tokenized version of it. www.coindesk.com
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The Accounts Sold, Then Changed Direction The sequence appears in federal financial disclosures covering accounts in which President Donald Trump is named …
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TL;DR Bitcoin fell below $85,000 after stronger U.S. business data pushed Treasury yields higher. S&P Global’s flash U.S. Composite PMI rose to …
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Markets
Dogecoin down 8%, bitcoin under $84,000 as Treasury yields hit highest level since 2007
by shayaanby shayaanA rebound in oil, the strongest U.S. business survey in five years and a poorly received five-year note sale pushed borrowing costs …
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TL;DR REX Shares has launched the T-REX 2X Long Strive Daily Target ETF under ticker ASSX. The fund seeks 200% of the …
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Finance
Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins
by shayaanby shayaanTreasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to …
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Markets
BitMine ETH Treasury Nears 6 Million Tokens As Total Holdings Reach $17.1B
by shayaanby shayaanTL;DR BitMine reported 5,983,940 ETH in its treasury, just short of 6 million tokens. The company valued its combined treasury holdings at …
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The Federal Reserve’s Treasury bill schedule has stirred optimism among crypto traders, although the operations remain routine reinvestments rather than a new …
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Finance
Crypto treasury stocks face $50B loss as shareholders revolt – What happened?
by shayaanby shayaanInvestors who hopped into last year’s crypto boom are now turning up the pressure on digital-asset treasury (DAT) firms. In fact, both …