The growing use of stablecoins like Tether and Circle’s USDC could significantly boost the demand for U.S. Treasurys, potentially reaching a staggering $2 trillion in short-term demand. This […]
U.S. Treasury Sees Major Trade Deals on Horizon, Highlighting Tariff Revenue Surge
Treasury Secretary Benson expressed optimism about upcoming trade agreements and a positive fiscal outlook, citing strong tariff revenues as key drivers. He anticipates finalizing several major deals within […]
U.S. Treasury Secretary Hints at Potential Bank Regulation Easing This Summer
United States Treasury Secretary, Janet Yellen, has hinted that regulatory changes to bank trading rules could be implemented this summer. According to industry sources like Odaily, she has […]
U.S. Treasury Halts Sovereign Wealth Fund for Fiscal Needs
The U.S. Treasury has temporarily suspended plans for a sovereign wealth fund as the government prioritizes addressing immediate financial obligations. Secretary Janet Yellen announced the decision on May […]
U.S. to End Penny Production: Treasury Halts Coinmaking
The U.S. Treasury Department has officially announced the end of penny production, marking a historic shift in coinmaking practices. The U.S. Mint will cease producing pennies once existing […]
U.S. Treasury Auction Yields Soar Following Moody’s Downgrade
The U.S. Treasury held a $16 billion auction, generating yields of 5.047% that marked a significant increase following Moody’s credit downgrade. This move came amidst heightened concerns about […]
U.S. Yields Soar to Highest Point Since November 2023
Treasury yields for U.S. 20- and 30-year bonds have hit their highest levels since last November, as market reports from BlockBeats reveal. This surge coincides with the ongoing […]
Arthur Hayes Predicts Bitcoin Surge, Emphasizing U.S. Treasury Policy
Crypto veteran Arthur Hayes predicts a significant surge in Bitcoin’s price to reach $200,000 by 2025, attributing this potential rise primarily to US Treasury actions. He highlights the […]
Ripple’s Ambitions: A Potential Dominance in U.S. Treasury Holdings
As stablecoin regulation takes shape in the U.S., Ripple is emerging as a key contender in the sector, potentially impacting the market of U.S. government debt significantly. With […]
U.S. 30-Year Treasury Bond Hits 5% – Impacting Markets and Crypto
The U.S. 30-year Treasury bond yield climbed to 5%, marking a significant milestone since the last time it reached this level in the years leading up to the […]
Treasury Secretary Predicts $2 Trillion Stablecoin Demand for U.S. Debt
U.S. Treasury Secretary Scott Bessent has predicted a significant surge in demand for stablecoins, potentially creating a $2 trillion demand for U.S. government debt. This projection emerged during […]
Treasury Backing: Bessent Supports Crypto Bills as Partisanship Deepens
U.S. Treasury Secretary Scott Bessent lent his support to two key crypto bills currently under debate in Congress, signaling the Biden administration’s alignment with Republican-led efforts to position […]
How U.S. Treasury Actions Impact Crypto Markets
Arthur Hayes, former CEO of BitMEX, argues that the U.S. Treasury holds more influence over global monetary policy than the Federal Reserve. He believes that Treasury Secretary Scott […]
U.S. Treasury’s Influence on Crypto Market Dynamics
Arthur Hayes, former CEO of BitMEX, highlights the growing importance of the U.S. Treasury Department in shaping crypto market dynamics. He suggests that the real authority behind global […]
U.S. Seeks Leadership in Digital Assets: Treasury Secretary Advocates
U.S. Treasury Secretary, Scott Besant, has urged for the nation’s dominance in the digital asset sphere, according to Blockbeats. His remarks come as Congress grapples with crafting a […]