Following an unusually intense week of buybacks in early February and as part of a protracted program, the U.S. Treasury announced it purchased $2.5 billion of its own debt on March 4. While the American national burden has been an ongoing and highly contentious issue, the latest government actions do not represent an effort to
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1991.98, down 2.1% (-41.93) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: ICP (-0.2%) and APT (-0.4%). Laggards: AAVE (-4.3%) and SOL
Global markets are exhibiting mixed trends due to risks related to the Strait of Hormuz and tensions between the US and Iran, while attention is focused on the non-farm payroll data to be released in the US today. On the other hand, the leading cryptocurrency Bitcoin ($BTC) and altcoins experienced a rapid recovery, but this
Story Highlights Kazakhstan’s central bank plans to invest $350 million in cryptocurrencies including Bitcoin, Ethereum, and related digital assets. The National Bank of Kazakhstan will fund the crypto investment using its gold and foreign exchange reserves. Officials say the crypto investment plan will begin around April or May after selecting suitable companies. Kazakhstan, known as
At the Morgan Stanley Technology, Media, and Telecom conference in San Francisco on Wednesday, Jensen Huang said Nvidia is likely done investing in AI giants OpenAI and Anthropic. The $30 billion investment it just finalized into OpenAI was a steep drop from the $100 billion deal announced last September, and will likely be the last
Mark your calendars: March 26, 2026. That’s when the European Central Bank and its allies gather in Frankfurt (or wherever the bureaucrats prefer their canapés) for the Digital Euro Conference 2026 — a full-day affair dedicated to “shaping the future of digital money.” — DEC26, as it’s being branded, will bring together policymakers, central bankers,
Inflation concerns in the US have resurfaced due to the ongoing US-Iran conflict. While it is predicted that the continuation of this conflict could raise inflation, it is also stated that the Fed may even raise interest rates if necessary. At this point, JPMorgan revised its FED interest rate forecasts. According to US banking giant
A significant development has occurred in the US regarding cryptocurrency companies’ access to the Fed’s payment infrastructure. Investment bank TD Cowen predicts that more crypto companies could gain access to FED master accounts this year following Kraken’s approval. Jaret Seiberg, Managing Director of the TD Cowen Washington Research Group, stated in a note published today