Cryptocurrency Analysis and News Portal
Rise in the US Treasury Yields put pressure on the market resulting into bearish weekly start on Wall Street. Yields surge past 5% with Fed planning for higher-than-longer interest rates. Macro pressure continues to hover over Wall Street as the 10-year US Treasury yields surged higher even today on Monday,
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Polkadot’s Q3 2023 Treasury Report reveals a significant uptick in spending across research and development. Polkadot’s latest Q3 2023 Treasury Report has unveiled a significant, 61 percent increase in its spending, with heavy investments in Research and Development. This increased spending could be the potential reason behind recent layoff rumors that
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued sanctions on Buy Cash, a digital asset exchange located in Gaza used by Hamas for terror financing. Per a press release published on Oct. 18, the OFAC’s directive imposed sanctions on ten key Hamas members and financial cooperators
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Senator Elizabeth Warren was the lead author of a letter signed by 28 other senators and 76 members of the House of Representatives about the role of cryptocurrency in financing terrorism. Signers came from both parties and included one independent, although Democrats predominate.The letter, dated Oct. 17, was addressed to
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The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned a crypto operator allegedly connected to the terrorist group Hamas.In an Oct. 18 notice, OFAC announced sanctions for Hamas operatives and financial facilitators following the organization’s attack on Israel. The entities added to
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Last week, the release of September’s Consumer Price Index (CPI) data showed a monthly increase of 0.4% and an annual increase of 3.7%. Treasury yields in the United States saw a modest increase earlier today, amid the ongoing uncertainty surrounding the country’s economic outlook. Investors continued to grapple with concerns related
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Kraken Australia’s Director Jonathon Miller does not support the proposed rules, stating that the paper was trying to fit crypto into existing financial services regulations. The Australian Treasury has unveiled a consultation paper that details plans to regulate crypto exchanges in the country. The new regulatory framework – released on October
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The Australian federal government is charging forward with plans to regulate the digital asset sector at the exchange level, and may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator.In the newly-unveiled “Regulating digital asset platforms” consultation paper, released on Oct. 16, the
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On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin. Original Source
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Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning,
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