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Sacks Says New Bill Allows Stablecoins To Soak Up Trillions—But Trump Ties Cloud The Push
Friday, June 20, 2025 - 9:23am | 655A stablecoin bill sprinting toward the legislative goal line could unleash trillions in global demand for U.S. Treasuries and cement the dollar's dominance in digital finance—at least if White House crypto adviser David Sacks gets his wish. But with President Donald Trump's family-linked crypto...
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Tokenization Could Unlock Trillions: Bernstein Calls It Next-Gen Infrastructure
Friday, June 13, 2025 - 8:31am | 416Bernstein analysts have identified the tokenization of real-world assets (RWAs) as a transformative trend that could reshape global finance, outlining how blockchain-based tokenized markets, though still early in development, are on track to become a multi-trillion dollar industry as infrastructure...
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Treasury Secretary Scott Bessent Sees Stablecoin Market Surging Past $2 Trillion As Senate Advances Dollar-Pegged Crypto Bill
Thursday, June 12, 2025 - 1:32am | 430Treasury Secretary Scott Bessent said Wednesday that dollar-pegged stablecoins could reach a market capitalization of $2 trillion and beyond as the stablecoin bill advanced in the Senate. What happened: During a testimony before the Senate Appropriations Committee, Bessent underscored the Trump...
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Michael Saylor's Strategy To Outperform Bitcoin? Here's How It Could Happen
Tuesday, June 3, 2025 - 8:39am | 806Pantera Capital has highlighted Digital Asset Treasury (DAT) companies as the next evolution in crypto market exposure, potentially outperforming direct spot Bitcoin (CRYPTO: BTC) purchases over time. What Happened: These publicly listed firms, which include pioneers like Strategy Inc. (NASDAQ:MSTR...
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Scott Bessent Forecasts Stablecoins Increasing Appetite For US Treasuries By Trillions — Promises 'Highest' Regulatory Standards For Dollar-Pegged Cryptos
Monday, May 26, 2025 - 3:26am | 488Treasury Secretary Scott Bessent predicted Friday that stablecoins will unlock trillions of dollars in demand for U.S. treasuries in the near future. What Happened: During an interview with Bloomberg Television, Bessent was asked about the impact stablecoins could have on the...
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Bitcoin's Rise To $1 Million Will Make Tether The Largest Holder Of US Treasuries, Says Popular Analyst
Tuesday, May 20, 2025 - 1:31am | 622Widely followed cryptocurrency analyst Willy Woo predicted Monday that stablecoin issuing company Tether (CRYPTO: USDT) would become the top holder of U.S. treasuries once Bitcoin (CRYPTO: BTC) hits $1 million a piece. What Happened: Woo reacted to an X post showcasing Tether's growing demand for U...
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Bond Investors Brace For Potential Fed Pivot Towards Multiple Rate Cuts
Tuesday, January 30, 2024 - 3:23am | 610The bond market is bracing for a potential policy shift by the Federal Reserve, with expectations of a move away from interest rate hikes to multiple rate cuts this year. What Happened: Bond investors are gearing up for a possible change in the Federal Reserve’s interest rate policy...
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Treasury Bills At 5% Yield: Retail Investors Jump On The Risk-Free Bandwagon
Tuesday, September 12, 2023 - 9:12am | 630Treasury bills, those often-overlooked short-term securities, are back with a bang. Treasury yields are surpassing the 5% mark for maturities spanning from one month to two years. This resurgence is enticing investors to shift their funds from stagnant bank accounts and into the world of cash-like...
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Cathie Wood's ARK Invest And 21Shares File For Bitcoin, Ethereum Futures ETFs
Friday, August 25, 2023 - 10:40am | 752ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....
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Treasury Yields Rise As UK Inflation Comes In Higher Than Expected, Market Awaits Powell Testimony
Wednesday, June 21, 2023 - 8:29am | 397Treasury yields rose during Wednesday Asian trading session ahead of Federal Reserve Chair Jerome Powell's testimony before Congress and as U.K. inflation came in higher than expected. Consumer Prices Index rose 8.7% from a year ago in May, reported Bloomberg citing the Office for National...
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Fed Pause Aside, Global Bond Sell-Off Ahead Of Powell Testimony Put Pressure On Treasuries: Are Rate Hikes Done Finally?
Tuesday, June 20, 2023 - 2:46am | 511Treasury yields jumped during the Asian trading session on Tuesday following a global sell-off in the bond market. The decline emerged in the United Kingdom. where investors and traders weighed on the possibility of extended rate hikes due to sticky inflation, reported Bloomberg. Market...
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Tether Reports Profit Surge: Crypto Giant's CTO On Impact Of Failing Banks
Friday, March 24, 2023 - 3:53pm | 557Stablecoin issuer Tether (CRYPTO: USDT) projects a Q1 profit of $700 million, pushing its aggregate surplus reserves beyond $1 billion, according to the firm's CTO Paolo Ardoino. Tether is responsible for issuing the USDT stablecoin, which maintains a one-to-one relationship with the U.S....
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BAILOUT: Feds Rescue Depositors Amid SVB Bank Collapse
Sunday, March 12, 2023 - 6:46pm | 436The Federal Reserve Board on Sunday announced that it will provide additional funding to eligible depository institutions to help them meet the needs of all their depositors, a move that will backstop depositors and protect financial institutions, including SVB Financial Group's (NASDAQ:...
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Market Apparently Expects Dovish Fed Stance To Continue As Meeting Gets Underway
Tuesday, March 19, 2019 - 10:18am | 1780There have been two major themes arguably helping to boost stocks this year: A dovish Fed and increasing optimism about a U.S.-China trade deal. With little news on the latter front this morning, focus could turn toward the Fed, which begins its two-day policy meeting today. With the central bank...
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Interest Rates Headed Lower Even As Fed Ends Quantitative Easing
Monday, October 13, 2014 - 9:29am | 592The Federal Reserve will end its third round of bond buying since 2010, known as QE3, later this month. This coming change has helped roil global equity markets and coincided with the most recent leg in the year-long rally in US Treasuries. The US 10-year note closed Friday at 2.32 percent, its...