• Dec 20, 2024

Fed and Trump Trade Drive Dollar to Best Quarter Since 2016

(Bloomberg) -- The dollar is headed for its best quarter since 2022, with the currency climbing to a two-year high this week as a resilient US economy and a hawkish Federal Reserve outlook have bolstered its appeal.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to Boost Mobility, Security Ahead

• Dec 20, 2024

Treasuries Gain as Key Fed Inflation Figures Trail Estimates

(Bloomberg) -- US Treasuries were off their sessions highs late on Friday after a closely watched batch of inflation data came in below expectations, leading traders to lift the outlook for Federal Reserve interest-rate reductions next year.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to Boos

• Dec 20, 2024

DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL

Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.

• Dec 20, 2024

How Robinhood plans to lead the future of accessible crypto solutions

Simplifying cryptocurrency systems is key to widespread adoption, emphasizing user-centric innovation and intuitive design.

• Dec 20, 2024

Dave Portnoy Says He Owns $1.5 Million Bitcoin, $1.3 Million XRP: 'Bet It And Set It, Not Trading'

Barstool Sports founder Dave Portnoy shared on a recent stream that he owns millions of dollars in Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP), which comes after he recently interviewed Bitcoin bull Michael Saylor. What Happened: The price of the XRP ...

• Dec 20, 2024

Bitcoin's 10% correction is a buying opportunity, says Bitwise CIO

The longer-term crypto cycle remains intact, according to Bitwise Asset Management CIO Matt Hougan.

• Dec 20, 2024

Argentina’s Economy Expanded Faster Than Expected in October

(Bloomberg) -- Argentina’s economy expanded more than expected in October, continuing to show signs of recovery after surpassing growth forecasts in the third quarter too.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to Boost Mobility, Security Ahead of FIFA World CupEconomic activity rose 0.6

• Dec 20, 2024

What Would Be The Point Of A 'Strategic Bitcoin Reserve'?

President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the purpose of such an institution remains unclear.

• Dec 20, 2024

Fed Reverse Repo Facility Balances Sink Below $100 Billion

(Bloomberg) -- The amount of money investors park at a major Federal Reserve facility dropped below $100 billion for the first time since 2021 after policymakers adjusted the parameters this week.Most Read from BloombergThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousS

• Dec 20, 2024

Cathie Wood Says Bitcoin Is 'More Scarce Than Gold' — Predicts M&A Surge Under Trump 2.0

Cathie Wood, the founder of Ark Investment Management LLC, predicts a surge in mergers and acquisitions after President-elect Donald Trump defeats Vice President Kamala Harris in the 2024 election. What Happened: “M&A has been prevented by the FTC. ...