The statements of U.S. Treasury Secretary Scott Bessent awakened concerns about a Chinese initiative to back a digital gold token to undermine American leadership in digital finance and establish a tangible alternative to the dollar-led economic system. US Treasury Secretary…
Bitcoin tumbled 6% to $72,000 on Thursday as the sell-off in global tech spilled into Asia, keeping traders defensive across crypto and equities after another bruising session on Wall Street. Fresh liquidation data showed forced selling accelerated as prices slid.…
On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.
CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
Strium will begin with synthetic US and Japanese stocks and commodities before expanding to real tokenized shares and asset-backed products with identity verification.
Fears of a looming market bubble have returned as stock prices climb and artificial intelligence spending accelerates, but several leading economists argue that the broader economic picture remains more stable than the headlines suggest. From Wall Street valuations to U.S.…
Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed shutdown thresholds, while even newer S21 units are nearing viability limits. The Profitability Cliff The bitcoin mining industry is facing…
WisdomTree’s Jonathan Steinberg says the firm’s tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.
Burry said crypto losses may have forced institutions to liquidate precious metals as bitcoin slid below $73,000.
Bitcoin failing to bounce soon could set the stage for “one hell of a year,” one analyst said.