The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early.
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Category: bonds
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Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper.
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Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department of Financial Services (DFS), and the bank said it was […]Powered by WPeMatico
US Treasury yields are soaring, but what does it mean for markets and crypto?
The 10-year U.S. Treasury yield recently hit its highest level in 12 years, but how might this impact investors’ sentiment toward stocks and cryptocurrencies?
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Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches
Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level.
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‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week
A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike.
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‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The curve between the two- and […]Powered by WPeMatico
Roth IRAs: The ideal long-term cryptocurrency investment?
Considering investing in cryptocurrencies for the long run? Roth IRAs and other tax advantages investment vehicles are worth considering.
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Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy crisis, and an inflation rate […]Powered by WPeMatico
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
The Bitcoin bond was announced in November last year and was initially expected to launch in the first quarter of 2022.
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