Why presidential candidates and investors are betting big on bitcoin
Bitcoin gains traction with presidential candidates and major investors, marking a new phase of mainstream adoption.
Bitcoin gains traction with presidential candidates and major investors, marking a new phase of mainstream adoption.
The yield on the 10-year Treasury note fell below 4% for the first time since February after the ISM manufacturing index came in weaker than expected. Bond prices have rallied, meaning yield fell, as traders bet that the Federal Reserve will soon begin cutting interest rates. Also weighing on yields was an unexpected increase in U.S. weekly jobless claims to 249,000 from 235,000, which supports bets on an interest rate cut by the Fed in September.
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
Wall Street closed sharply higher on Wednesday, led by a tech rally.
The Aussie continues to see a lot of support in this area, and I think at this point in time, we are likely to see a lot of support – if for no other reason than the market has fallen so rapidly.
MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
The proportion of Italian sovereign debt held by foreign investors, a less stable source of demand than the ECB and residents, is rising and will make Italy more susceptible to changes in market sentiment.
Tech sector bounce comes after three-week semiconductor slide.
Bank of England cuts interest rate to 5% in knife-edge decision.