On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has
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Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves.
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Upside capped at $980B total crypto market, according to derivatives metrics
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level.
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US Treasury yields are soaring, but what does it mean for markets and crypto?
The 10-year U.S. Treasury yield recently hit its highest level in 12 years, but how might this impact investors’ sentiment toward stocks and cryptocurrencies?
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‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a
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Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC
According to Microstrategy’s executive chairman Michael Saylor, his company has recently purchased 301 bitcoin for $6 million at an average price of $19,851 per coin.
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