Euro Stablecoin Interest Frozen as ECB Deposit Rate Hits 2.5%
ECB raised its key rates by 25bp to 2.5%, but euro stablecoin holders see no benefit as MiCA bans interest payments.
Crypto, forex and global macro markets — insight to help you spot the opportunity
ECB raised its key rates by 25bp to 2.5%, but euro stablecoin holders see no benefit as MiCA bans interest payments.
Kun Chen built AI replicas of Musk, Altman, Zuckerberg, and Amodei that debated AI policy.
Brent and WTI both climbed 6% for a ninth straight session, sending Brent to its highest level since May. The rally is set to produce an ugly September CPI…
Nasdaq is investing $100 million into Payward, Kraken's parent, in a deal valuing the crypto firm at $21 billion, Bloomberg reported.
US Treasury sold $22 billion in 30-year bonds at a high yield of 5.308%, with strong international demand.
The US dollar has stalled for a month; a weak dollar could raise import costs for American consumers.
Crude oil surged to $102 after a report that Iran is producing ballistic missiles again, adding to Middle East supply fears. A drone attack on a Russian…
Bitcoin dropped over 2% on Thursday, trading near $77,200, as US-Iran tensions lifted oil prices and traders priced in a Fed rate hike.
EURUSD rebounded from 1.1593 after strong US PPI data, aided by ECB rate hike. The pair now tests the 200-day moving average at 1.16321.
Brian Armstrong told CNBC that bitcoin's bottom is in, that $400,000 by 2030 is reasonable and that the Clarity Act will pass.