Crypto
Washington’s Shift Towards Crypto Is Driven by Treasury Needs, Not Silicon Valley
An exploration of how stablecoins have evolved beyond a crypto trading tool, now serving as a significant source of demand for U.S. Treasuries.
Finance
Scott Bessent Indicates Potential for U.S. Bitcoin Acquisitions
Treasury Secretary Scott Bessent has suggested that the government may consider expanding its Bitcoin reserves despite earlier statements to the contrary.
Economy
Yen Strengthens Against Bitcoin and Dollar Amid Predictions of Bank of Japan Rate Increase
The Japanese yen has gained strength against both the dollar and Bitcoin, as U.S. Treasury Secretary Scott Bessent suggests that the Bank of Japan will need to raise interest rates to combat inflation.
Crypto
Altcoins Surge as Treasury Secretary Bessent Advocates for 50 Basis Point Rate Reduction
Following positive comments from Treasury Secretary Scott Bessent, altcoins like Ether and Cardano see significant gains, while Bitcoin's performance lags behind.
Adoption
U.S. Crypto Holdings Might Reach $2 Trillion, Says Treasury Chief
Scott Bessent predicts a significant rise in U.S. investments in cryptocurrency, estimating holdings could hit $2 trillion amidst increasing institutional interest.
Economy
U.S. Treasury Secretary Bessent Discusses Market Corrections and the 'Trump Put'
Bessent indicates asset market corrections are normal, suggesting a delay in policy support.
Finance
U.S. Treasury Secretary Appoints Galaxy Digital Advisor for Blockchain Matters
Treasury Secretary Scott Bessent has recruited Tyler Williams from Galaxy Digital to provide guidance on digital assets and blockchain policies.
Finance
Trump's Nominee Scott Bessent Confirmed as U.S. Treasury Secretary
Scott Bessent's confirmation by the U.S. Senate as Treasury Secretary marks a significant move in Trump's administration, emphasizing crypto-friendly policies.
Finance
Bessent Rejects Central Bank Digital Currency as Treasury Nominee
Scott Bessent, nominated by President-elect Trump for Treasury Secretary, expresses opposition to the idea of a U.S. central bank digital currency during his Senate hearing.
Crypto
Scott Bessent, Trump's Treasury Nominee, to Liquidate Bitcoin ETF Investments
The Treasury nominee plans to divest Bitcoin ETF holdings and other investments to avoid conflicts of interest.
Crypto
Trump Appoints Crypto Advocate Scott Bessent as Treasury Secretary
Donald Trump has selected cryptocurrency enthusiast Scott Bessent as his nominee for Treasury Secretary, pending Senate confirmation.
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