News with the tag "treasuries"

The CEO of Tether Holdings, Paolo Ardoino, is highlighting that the USDT stablecoin is largely backed by an asset widely regarded as safe and highly liquid. In a new CNBC interview, Ardoino says if Tether were a country, the USDT issuer would rank among the top 20 largest foreign holders of US Treas...

Senator Bill Hagerty (R-TN) says that one segment of the crypto industry will likely become the largest holders of US Treasuries. In a new interview on CNBC Television, Hagerty says stablecoin issuers will likely purchase massive amounts of US Treasuries as reserve funds to ensure the digital assets...

Hold onto your hats, crypto enthusiasts! In a truly shocking turn of events, Tether, the name behind the world’s leading stablecoin USDT, has quietly become a major player in the traditional finance arena. Forget crypto whales buying up Bitcoin – we’re talking about a stablecoin issuer diving headfi...

In a monumental move that underscores the growing convergence of traditional finance and decentralized finance (DeFi), Sky, previously known as MakerDAO, is making headlines with a staggering $1 billion investment. This isn’t just another drop in the crypto ocean; it’s a tidal wave signaling a profo...

Bitcoin Magazine Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested ...

Is the U.S. on the verge of making a monumental blunder in the crypto space? Vance Spencer, a prominent voice in the crypto venture capital world and co-founder of Framework Ventures, certainly thinks so. He’s raising serious alarms about the upcoming U.S. stablecoin regulation bill, and his words a...

China, Japan and the UK are dumping billions of dollars in US Treasuries. New numbers from the Treasury Department show the three nations collectively slashed their holdings by $81 billion in December. China unloaded $9.6 billion in Treasuries, reaching its lowest holdings since 2009 at $759 billion...

The company now owns more than $192 million worth of BTC and touts a "Bitcoin yield" of more than 99%, it said.

Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.

Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.