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Digital Market

Stablecoin Issuers Now 18th Largest Holder of U.S. Treasuries, Says Bernstein

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

“Stablecoin usage has decoupled from crypto and is increasingly being held for non-crypto use cases,” Bernstein stated​.

Continue ReadingStablecoin Issuers Now 18th Largest Holder of U.S. Treasuries, Says Bernstein

‘Uptober’ Starts Early as Bitcoin Price Pump Smashes Short Positions

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

Bitcoin and other digital assets usually have a rough September—but soar in October. The Fed's rate cuts might have just sped things up.

Continue Reading‘Uptober’ Starts Early as Bitcoin Price Pump Smashes Short Positions

FOMO HOUR 201 – CRYPTO FLYS AFTER FED

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

Crypto rips higher after Fed cuts 50bps. $22bn shorts would be liquidated by $70.5k. SUI continues to lead L1s, does 2.5x in a month. Trump buys burgers with Bitcoin. Bitcoin…

Continue ReadingFOMO HOUR 201 – CRYPTO FLYS AFTER FED

Core Wants to Launch a Bitcoin Yield ETF in US Within Five Years, Says Exec

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

Core told Decrypt it's planning to roll out Bitcoin yield ETFs in the U.S. "as soon as regulatory frameworks allow it.”

Continue ReadingCore Wants to Launch a Bitcoin Yield ETF in US Within Five Years, Says Exec

Louisiana Isn’t the Only US State to Accept Bitcoin Payments—Here Are the Others

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

The state has already received a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network.

Continue ReadingLouisiana Isn’t the Only US State to Accept Bitcoin Payments—Here Are the Others

WazirX Funds on the Move as Hacker Shifts $33 Million to Tornado Cash

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

Hackers who stole $235 million from Indian crypto exchange WazirX have moved around $33 million to coin mixer Tornado Cash this week.

Continue ReadingWazirX Funds on the Move as Hacker Shifts $33 Million to Tornado Cash

Canada Central Bank Shelves Its Digital Loonie CBDC Plans

  • Post author:Auto News Feed
  • Post published:September 19, 2024
  • Post category:Market News

The Bank of Canada has been openly researching the implications of a central bank digital currency (CBDC) since 2019.

Continue ReadingCanada Central Bank Shelves Its Digital Loonie CBDC Plans
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