Stablecoins are becoming a central bank problem hiding in T-bill markets
BIS research puts private dollar tokens closer to sovereign funding markets than the payment-rail debate suggests.
Read macro-driven crypto news linking Bitcoin and digital assets to rates, inflation, liquidity, geopolitics, and global markets.
Sticky inflation, firmer activity data, and lower claims left buyers without the rate-cut cover they needed.
Bitcoin’s fall below $60,000 shifted the test from valuation to demand, with buyers still slow to absorb the selloff.
Exchange inflows, ETF outflows, and long liquidations collided before buyers could stabilize the market.
Arthur Hayes says an AI crash could be Bitcoin’s next $1 million catalyst. The real question is whether the money printer turns back on first.
May PCE prints Thursday and more than $10 billion in Bitcoin options settle the next morning, compressing two of the week's biggest catalysts into a single 24-hour window.
The Massachusetts Democrat helped advance legislation preventing the Federal Reserve from issuing a retail CBDC before 2031.