News with the tag "Treasury"

Russia’s Central Bank reports that Bitcoin has outpaced more traditional investments so far in 2025. Returns clocked in at nearly 40% over the past year. That makes it the top performer compared with gold, stocks and bonds. It’s a sign that more people in Moscow are warming up to cryptocurrencies fo...

Senators Cynthia Lummis and Bernie Moreno have urged the US Treasury to address an unintended tax burden caused by a Joe Biden-era tax on corporations, which could hurt digital asset companies. In a letter sent to Treasury Secretary Scott Bessent, the senators wrote that this tax could make American...

Get ready for some eye-popping numbers! In the world of finance and technology, a quiet software development company just made a very loud statement. Next Technology Holdings , listed on the U.S. Nasdaq exchange, recently saw its stock price experience a truly dramatic surge. What was the catalyst? ...

According to reports, the US Treasury Department is looking into a $75 million investment by Benchmark Capital in the Chinese company Manus AI. This now escalates the tech rivalry between the US and China and the desire of the US to maintain its position at the forefront. Officials from the departme...

Ripple CEO Brad Garlinghouse has called for urgent legislative clarity around digital assets and stablecoins in the United States. This comes in response to US Treasury Secretary Scott Bessent’s comments on the stalled progress of the GENIUS Act in the Senate. The proposed bill failed to pass a Sena...

Crypto enthusiasts and digital rights advocates have taken to social media to lambast United States Secretary of the Treasury Scott Bessent’s assertion that the global crypto industry “needs American leadership” to thrive. This follows the Senate’s failure to advance the GENIUS Act, a bill designed ...

Dogecoin and Shiba Inu are surging today, providing a bullish outlook for the foremost meme coins, which have traded sideways for a while now. This price surge has come following developments on the macro side, which have provided some form of market clarity. Why Dogecoin And Shiba Inu Are Surging T...

Prepare for a potentially game-changing move in the world of corporate finance and cryptocurrency! A significant announcement from a Nasdaq-listed company is poised to send ripples (pun intended) through both traditional markets and the crypto space. Wellgistics Health, a major player in pharmaceuti...

U.S. Treasury Secretary Scott Bessent praised current crypto legislation while bolstering his belief in the blockchain sector during a May 7 House Financial Services Committee Hearing. Bessent Shares His Take On Crypto Policy During the hearing titled “The Annual Testimony of the Secretary of the Tr...

Get ready for a bold perspective that challenges conventional wisdom in the financial world. Arthur Hayes, the outspoken former CEO of BitMEX, is back with a fascinating thesis. He argues that the real puppet master pulling the strings of global liquidity isn’t the U.S. Federal Reserve, but rather t...