Tether now a top global buyer of US Treasury bills amid market turmoilStablecoin giant Tether emerges as top global US Treasury buyer amid market volatility
Happy Tuesday!The global crypto market cap is $1.04 trillion, with a 24-hour volume of $25.39 billion. The price of Bitcoin is $25,784.14, and BTC market dominance is 48.2%. The price of Ethereum is $1,638.18, and ETH market dominance is 18.9%. The best-performing sector is Yield Farming, which gained 9%. The Crypto Fear & Greed Index is currently Fear (40). Top News
Tether now a top global buyer of US Treasury bills amid market turmoilStablecoin giant Tether emerges as top global US Treasury buyer amid market volatility Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damagesCo-founders Eric Schiermeyer and Wright Thurston have filed suit against one another, each alleging malfeasance against the other. Crypto betting platform Stake silent on reported $41M fund drainSome members of the crypto community are speculating if the attack could be linked to North Korea. Latest Insights
More NewsVisa expands USDC settlements to Solana blockchain in partnership with WorldPay, NuveiSeveral traditional financial institutions are increasingly leaning into crypto. UK Government publishes objectives for upcoming AI Safety SummitThe event is set to tackle international issues arising from advancements in AI technology at one of the nation's most notable scientific landmarks. Synapse token, TVL slide following major liquidity provider sell-offOn-chain sleuths have linked the liquidity sell-off to Nima Capital. Mortgage-treasury spreads hit historical highs revealing Bitcoin opportunityA wide spread indicates tighter credit conditions, with banks and lenders more cautious about lending money due to concerns about borrowers' ability to repay loans or broader economic uncertainties. Regulated exchanges hesitate on crypto exposure despite growing demand – reportDemand for crypto rises, but regulated exchanges point to cybersecurity as a concern.
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