The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.
The USDU stablecoin is issued by Universal Digital (LFGMF), a crypto firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.
Bitcoin traded lower alongside most major tokens as investors favored gold and silver ahead of the Federal Reserve decision and a heavy week of Magnificent Seven earnings.
Bitcoin and major tokens weakened Sunday as markets positioned ahead of the Federal Reserve?s next rate decision and a heavy slate of Magnificent Seven earnings.
Ripple?s Brad Garlinghouse called the WEF panel ?spirited? as Coinbase?s CEO defended bitcoin and stablecoins, while Villeroy warned of threats to monetary sovereignty and financial stability.
Elliptic traced more than $500 million in USDT tied to Iran?s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a ?sanctions-proof? alternative to dollar banking.
The Reserve Bank of India is urging the government to put a plan to link BRICS nations' central bank digital currencies on the agenda for the 2026 summit it will host.
The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.
Traders on Polymarket and Kalshi are shrugging off the idea that a criminal investigation into the chair of the Federal Reserve would have him removed from his role early.
The fund is betting on a liquidity wave driven by U.S. deficit spending and potential money printing by the Federal Reserve, which Hayes expects to support crypto prices.
Concerned that a CBDC will drain funds from traditional banks, regulators are considering caps on how much digital euro citizens can hold to ensure it's purely for payments.
The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.
Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.
The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.
Bitcoin pushed back above $92,000 during Monday?s Asia session as traders priced in a likely Federal Reserve rate cut this week; altcoins continued to lag.
Asian equities opened the week slightly higher ahead of a heavy run of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25-basis-point rate cut.
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