Bitcoin’s price reclaimed $80,000 per unit on Thursday after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion and positioning the asset for an over 20% gain in August. Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking through a key $79,000 resistance level that had held since shortly […]
Bitcoin.com News•Terence Zimwara27 Aug
Persistently high yields could undermine fiscal credibility, affecting mortgage rates and corporate borrowing, despite US structural advantages.
CryptoBriefing•Editorial Team27 Aug
Bessent's strategy risks eroding trust in US debt, potentially destabilizing global finance and conflicting with Federal Reserve policies.
CryptoBriefing•Editorial Team27 Aug
Over the last year, people have been urging the financial sector to prepare quantum readiness and this week, the U.S. Treasury published an announcement revealing a task force dedicated to post-quantum cryptography (PQC). Secretary of the Treasury Scott Bessent insisted that America’s economy must remain “strong, secure, and competitive” amid these technological advancements. Treasury Launches […]
Bitcoin.com News•Jamie Redman26 Aug
Bessent's strategy could lower corporate borrowing costs and reshape fixed-income markets, impacting investors and government financing dynamics.
CryptoBriefing•Editorial Team26 Aug
Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent's recent actions provide an additional macro catalyst.
The Block•James Hunt26 Aug
The Treasury's bond buyback strategy may temporarily ease yields but highlights deeper fiscal challenges and conflicting monetary policies.
CryptoBriefing•Editorial Team26 Aug
Druckenmiller's AI-assisted critique highlights concerns over fiscal policy's impact on market integrity and potential political motivations.
CryptoBriefing•Editorial Team25 Aug
US Treasury Secretary Scott Bessent launched Operation Economic Outcast, targeting nearly 60 Iranian entities including crypto facilitators,
CryptoBriefing•Editorial Team25 Aug
The bond buyback plan may temporarily ease liquidity issues but risks undermining market credibility and increasing future borrowing costs.
CryptoBriefing•Editorial Team25 Aug
The U.S. Treasury is pushing back against punishing long-term government borrowing costs, dragging a decades-old yield control debate back onto Wall Street just as bitcoin’s price rallies and traders start asking how much pain Washington will tolerate before escalating its bond-market fight. Treasury Goes After the Long End Treasury Secretary Scott Bessent’s latest maneuver is […]
Bitcoin.com News•Jamie Redman25 Aug
The United States is threatening to eject Iran’s trading partners from the dollar system while widening its power to sanction the country’s crypto sector, escalating a financial campaign that is already testing Washington’s leverage over China. On Aug. 24, Treasury Secretary Scott Bessent launched “Operation Economic Outcast,” imposing sanctions on nearly 60 individuals, entities and […]
CryptoSlate•Oluwapelumi Adejumo25 Aug
Will BTC will mark the end of bear market phase this week?
AMBCrypto•Benjamin Njiri25 Aug
Stanley Druckenmiller criticizes Scott Bessent's Treasury bond buyback plan, warning it defies market fundamentals.
BeInCrypto•Darryn Pollock25 Aug
Druckenmiller's critique highlights the risk of undermining market discipline, potentially exacerbating fiscal instability and debt challenges.
CryptoBriefing•Editorial Team25 Aug
Arthur Hayes compares Bessent's Treasury buybacks to Yellen's 2023 playbook. Here's what the same math means for Bitcoin.
BeInCrypto•Darryn Pollock25 Aug
US Treasury Secretary Scott Bessent announced a new “financial offensive” against Iran on Monday, specifically targeting the Middle Eastern country’s use of crypto assets. “Operation Economic Outcast” aims to kneecap the Iranian government’s financial capabilities as the Trump Administration’s controversial war nears the end of its sixth month. Bessent says the sanctions aim to “sever […]
The Daily Hodl•Conor Devitt24 Aug
The sanctions deepen Iran's economic isolation, potentially destabilizing regional markets and increasing global reliance on the US dollar.
CryptoBriefing•Editorial Team24 Aug
Bessent threatened to cut Iran's enablers from the dollar system. Oil fell, Bitcoin rose, and no institution was named.
BeInCrypto•Lockridge Okoth24 Aug
The sanctions could destabilize Iran's economy further, strain international relations, and impact global crypto markets and compliance norms.
CryptoBriefing•Editorial Team24 Aug