Bitcoin Weakens to $83,300 as Rising Yields Pressure Risk Assets
Bitcoin gave up an early Thursday recovery as a selloff in U.S. government bonds pushed the 10-year Treasury yield to its highest level since 2007, keeping pressure on crypto markets…
Bitcoin gave up an early Thursday recovery as a selloff in U.S. government bonds pushed the 10-year Treasury yield to its highest level since 2007, keeping pressure on crypto markets…
Markets are increasingly positioning for four additional Federal Reserve rate hikes, as rising bond yields and a firmer U.S. dollar add pressure to bitcoin and gold. Treasury yields are climbing…
Bitcoin’s historical performance suggests that rising bond yields have not had a consistent long-term impact on the cryptocurrency, although sudden increases in bond-market volatility can still weigh on BTC over…
A surge in oil prices, stronger U.S. business activity and a weak five-year Treasury auction drove borrowing costs higher, adding pressure to crypto markets and sending Dogecoin to the biggest…
Washington is exploring a plan to promote U.S. dollar-backed stablecoins in international markets as it looks to preserve the dollar’s status as the world’s leading reserve currency. Bloomberg reported that…
European financial regulators are set to increase scrutiny of artificial intelligence and tokenization as their use expands across customer-facing financial services. The European Securities and Markets Authority (ESMA) said these…
Bitcoin rebounded from its session low Thursday as U.S. Treasury yields eased following the previous day’s sharp sell-off in government bonds. The 10-year Treasury yield slipped 2.4 basis points to…
European financial regulators have warned that quantum computing could eventually weaken the cryptographic protections underpinning Bitcoin and other blockchain networks, with the risk potentially arriving before quantum technology has a…
NEAR and Ondo Finance have expanded access to tokenized U.S. stocks and exchange-traded funds through near.com, with the initial rollout featuring 20 assets such as Nvidia, Tesla, Apple, Microsoft, Amazon,…
Ronald Spektor, 23, has been sentenced to up to 12 years in prison after prosecutors said he orchestrated a social engineering and phishing scheme that stole approximately $15.944 million in…