Crypto News
Argentine President Milei Shutters Task Force Investigating Libra Meme Coin Scandal
The Argentine government has dismantled the body tasked with investigating the Libra cryptocurrency launched by President Javier Milei.Source link
Systemic Stress Tests Bond Markets as Long Yields Skyrocket Globally
Long-term U.S. Treasury yields loom near 18-year peaks as anxieties over global sovereign debt deepen, challenging faith in conventional financial safe havens. Investors Dump Long-Dated Bonds as Credit Risks Spread This week, U.S. Treasury yields approached critical thresholds: The 30-year bond briefly breached 5% for the first time in 16 years, fueled by Moody’s decisionSource link
Nvidia’s Future Vision: ‘AI Factories’ With Millions of Agents and Robots Working With Humans
Nvidia CEO Jensen Huang shared a bold vision of the future this week, envisioning data centers turning into collaborative "AI factories."Source link
Bybit Launches Direct Trading of Global Stocks Using USDT
Bybit exchange has announced the launch of direct trading for top global stocks using USDT. This new feature, part of Bybit’s expanding Gold & Forex (MT5) product suite, allows users to trade 78 popular Contracts for Difference (CFDs), including Apple, Tesla, Meta, Nvidia, and Amazon, without the need for fiat onboarding. This provides traders withSource link
Sell in May? Bitcoin Tops $107K, Could Hit Record Highs This Summer Say Analysts
"Sell in May and go away," goes the Wall Street adage for equity markets every summer. For bitcoin BTC, though, some analysts say this season could mark a break from tradition."As we get into the European summer months, the sense is it's more likely a case of 'buy in May and go away' than any significant headwinds or selling pressure," said Paul Howard, director at crypto trading firm Wincent in a market note.A confluence of positive regulatory developments around digital assets in the U.S. and increasing institutional buying both via exchange-traded funds and spot allocation is poised to push BTC higher in the next months, Howard said.U.S.-traded spot bitcoin ETFs, for example, pulled in $667 million in net inflows on...