Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The US Treasury Department issued its quarterly refunding statement this week. As Felix alluded to yesterday, this is where officials announce their debt issuance plans for the coming quarter. The Treasury will be holding auction sizes steady “for at least the next several quarters,” the latest statement read. Treasury yields, in response, slid. 10-year yields were hovering around 4.5% Friday while the 2-year rose to 4.28%. Normally, higher yields mean lower stocks, like we saw in 2022 when the 10-year rose to over 4% and the…
$DOGS Token, a memecoin built on The Open Network (TON) blockchain, has quickly gained momentum, amassing a user base of over 50 million. The project has now unveiled its updated roadmap for Q1-Q2 2025, which focuses on enhancing product features, expanding community engagement, and increasing token use cases.. This ambitious roadmap reflects $DOGS’ commitment to sustained growth and innovation. Overview of Upcoming Features and Plans Product Updates to Boost Engagement and Growth: The roadmap introduces several initiatives aimed at encouraging deeper user engagement and incentivizing community participation. The key updates include: $DOGS Pass: An exclusive program offering early access to…
Upbit, a leading global digital asset exchange, has announced the listing of two new digital assets: Jito (JTO) and Scroll (SCR). Upbit Announces Support for New Digital Assets: JTO and SCR The new assets will be available for trading on the BTC and USDT markets, with deposits and withdrawals supported via their respective networks: Asset Market Network Deposit Start Time Trading Start Time Jito (JTO) BTC, USDT Solana Within 3 hours after announcement February 6, 18:00 Scroll (SCR) BTC, USDT Scroll Within 3 hours after announcement February 6, 18:00 Important Deposit Instructions Only deposits made via designated networks (Solana for…
Bitcoin’s price troubles continued in the past few hours, as the asset slumped below another support zone – this time the $94,000 mark. This comes amid changing tides within the crypto community’s sentiment regarding the ongoing bull run and whether it has come to an early and abrupt end. CryptoPotato has repeatedly reported the adverse price development around BTC, which started yesterday. Recall that the asset had soared past $102,000 on Tuesday morning for the first time since December 19. However, its run was quickly halted, and BTC started to lose value rapidly and violently. In just an hour or…
US President Donald Trump announced today that he plans to announce bilateral tariffs on multiple countries next week. Speaking alongside Japanese Prime Minister Shigeru Ishiba at the White House, Trump said the tariffs would apply to “everyone” but did not specify the exact measures. “On reciprocal trade, so that we are treated equally with other countries, I will be making that announcement next week. We are not asking for anything more, we are not asking for anything less,” Trump told reporters, adding that he would provide more details at an upcoming news conference. Trump hinted that auto tariffs were being…
Ripple is back in the spotlight following the election of Donald Trump and Brad Garlinghouse’s ambitious plans with the former president. The price surged significantly after news of Gary Gensler’s resignation. With a new SEC chair in place and Brad’s recent dinner with Trump, it appears that things are finally starting to clear up for the coin. In a recent podcast with Scott Melker, Bloomberg’s Mike McGlone expressed his confusion about the value of XRP, especially when comparing it to stablecoins like Tether. He noted that both XRP and Tether have market caps of around $100 billion to $140 billion,…
One of Europe’s leading payment providers, xMoney Global, is set to launch three new MiCA-compliant stablecoins, which are expected to boost crypto liquidity in the highly regulated continent. CCN revealed the upcoming launch in an interview with Dr. Gregorios Siourounis, co-founder and CEO of xMoney Global. Siorounis is former managing director of the Sui Foundation and has an economic research cited in the 2024 Nobel Prize. As reported on February 4, the company will launch three fully compliant stablecoins with Europe’s MiCA. Namely, EUROX, a fully regulated Euro stablecoin; USDX, a MiCA-compliant alternative to Tether’s USDT and Circle’s USDC; and…
Bitcoin’s value proposition relies on its ability to resist any type of censorship. Without that feature, Bitcoin loses its power to challenge and resist any authority that wants to subjugate Bitcoin to the same rules that apply in the traditional world. With this in mind, it’s paramount that bitcoin has no central points of failure whatsoever. If there is a gatekeeper, there is a vulnerability. If there is a vulnerability, it will be exploited. And at that point, Bitcoin as an exercise of free and decentralized digital money simply stops. To ensure the network’s decentralization, robustness and anti-fragility, we need…
Flare (FLR), a layer-1 (L1) blockchain data platform, has announced the launch of Flare Fair, a gamified virtual fair designed to showcase the network’s potential in decentralized finance (DeFi), as outlined in the reports sent to Finbold on Friday, February 7 Operating in phases, the fair will continuously present new tasks, themed virtual rides, and decentralized applications (dApps), offering participants a chance to earn rewards such as rFLR emissions, FlareDrops, and high-yield annual percentage rates (APRs). Users can likewise unlock additional rewards, including rFLR emissions drawn from a 510 million FLR pool, by staking, lending, or supplying liquidity on Flare’s…
The Sky ecosystem voted on altering the savings rate for USDS, as stablecoins increase their competition for predictable yield. The DeFi hub will change several parameters to boost Sky ecosystem adoption and reward all who swapped their MKR and DAI tokens. The DeFi lending ecosystem Sky, formerly Maker DAO, voted on decreasing the USDS savings rate to 8.75%. Sky Governance has approved a decrease in the Sky Savings Rate to 8.75%, scheduled for execution on February 10 at 14:00 UTC. pic.twitter.com/IsT7CoT4xV — Sky (@SkyEcosystem) February 7, 2025 Previously, the Sky ecosystem offered 12.5% in savings for staking USDS, managing to…