Bitcoin eyes $100K? Hayes cites treasury buybacks, weak dollar as catalysts
Bitcoin surged past $87,700, fueled by a weakening US dollar and potential US Treasury buybacks. Arthur Hayes predicts Treasury buybacks could be a “bazooka,” pushing BTC past $100K (“last chance”…
REX Shares launches REX Bitcoin Corporate Treasury Convertible Bond ETF
REX Shares has launched BMAX ETF for Bitcoin treasury bonds. BMAX offers debt stability and equity upside via Strategy. The fund carries risks like volatility and regulatory scrutiny. On March…
US unions sue Treasury Department after letting Musk’s DOGE access personal financial information
The lawsuit claims DOGE has been given “unlawful” access to personal and financial information The sensitive information includes names, addresses, bank details, social security numbers, birth dates, and email addresses…
Ondo Finance brings tokenized US Treasury fund on Ripple’s XRP Ledger
Ondo Finance will launch its OUSG fund on the XRP Ledger. The partnership with Ripple expands accessibility to tokenized US Treasuries funds to institutional investors. Ripple introduced OpenEden’s TBILL on…
US Treasury secretary nominee sees “no reason” for CBDC
Scott Bessent believes a CBDC is only for countries that have no other investment alternatives He adds that many countries are only issuing CBDCs “out of necessity” Scott Bessent, President-elect…
KULR launches Bitcoin treasury with $21m BTC purchase
The $21 million BTC purchase follows the KULR’s announcement on Dec. 4. Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and…
Microsoft shareholders reject Bitcoin treasury proposal
Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal…
Bitfinex Securities launches first tokenized US Treasury bill in El Salvador
Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador. USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP. Proceeds of the…
NYT: Trump reconsiders pro-crypto choices for Treasury Secretary, slows down his selection process
Trump is now considering Kevin Warsh and Marc Rowan for the US Treasury Secretary position Howard Lutnick is reportedly frustrating Trump by spending too much time with him to get…
Wellington partners Ondo Finance for tokenized US Treasury fund
Wellington Management, an asset manager with over $1 trillion in assets, has announced a partnership with Ondo Finance in a collaboration that aims to power intraday redemptions for a newly…