Arthur Hayes argues Treasury Secretary Scott Bessent is working the identical money-printing playbook former Secretary Janet Yellen utilized in 2023. If the sample holds, the maths factors to a six-figure Bitcoin goal. Bessent’s Treasury has already doubled long-term bond buyback operations this month. Hayes says the coverage mirrors the liquidity mechanics that fueled Bitcoin’s 2023-2024…
Trump Media’s interim CEO, Kevin McGurn, defended the corporate’s Truth API service on CNBC Monday. He mentioned buyer sign-ups have grown to the mid-teens for the reason that product launched on August 1. Truth API sells high-frequency buying and selling corporations early entry to President Donald Trump’s Truth Social posts. Critics say the association lets…
BitMine Immersion Technologies owns 5,847,611 ether. That is 4.79% of each ether in existence, and a tighter grip on Ethereum than Michael Saylor has ever held on Bitcoin. Chairman Tom Lee instructed the Bankless podcast the corporate might attain its 5% aim earlier than the top of 2026. The math is tougher than it appears….
The Securities and Exchange Commission (SEC) has despatched subpoenas to main Wall Street banks over their dealings with Situational Awareness, the synthetic intelligence (AI) hedge fund that almost collapsed final month. Three individuals briefed on the outreach described the requests to the New York Times. Regulators need commerce timing information and lender communications. The fund…
The real-world asset (RWA) market cap reached $71.02 billion on Monday, a achieve of 48.7% in 24 hours, in line with CoinGecko. Meme cash fell 2.2% over the identical day. The sector added $23.26 billion. One token accounts for nearly all of it, and it isn’t a tokenized inventory. Top Real World Assets (RWA) Coins…
Treasury Secretary Scott Bessent threatened on Monday to chop anybody who launders cash for Iran out of the U.S. greenback system. Oil fell, Bitcoin rose, and no establishment was named. The promised sanctions haven’t been imposed. Washington will first ship particular person international locations deadlines to close down exercise it has recognized. Markets Priced a…
Bitcoin (BTC) touched $80,000 on Monday, then handed the extent straight again. Critics are lining up towards the US Treasury plan that sparked the transfer. The token traded close to $78,835 at press time. The bond market had already run this precise play final week, and it didn’t maintain. Bitcoin Price Performance. Source: BeInCrypto What…
Ethereum value broke above $2,500 this week throughout a pointy market-wide rally, and BitMine Immersion Technologies used the second to make its largest weekly buy since early July. The Tom Lee-chaired agency added 32,447 ETH, pushing its place nearer to a said “5% Alchemy” goal. Ethereum (ETH) Price Performance. Source: BeInCrypto BitMine’s Largest Purchase in…
$544. That is the typical withdrawal on Argentine retail crypto rails similar to Lemon Wallet. The median switch is between $150 and $270—nearer to lease cash than a portfolio shift. That determine adjustments the acquainted picture of capital flight. Money as soon as moved offshore by way of non-public bankers and complicated accounts. Across Latin…
Pudgy Penguins token PENGU climbed 62.1% over the previous week and now trades close to $0.0095. Traders hyperlink a cryptic publish from CEO Luca Netz to the corporate’s said ambition of a public itemizing. The token added roughly 15% in the final 24 hours alone. Meanwhile, its market worth sits near $598 million, rating PENGU…