Stablecoins

Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves

CryptoSlate2h agoUpdated 1h ago
Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves
Smart Read

The Aug. 5 bill-coupon mix will show whether financing pressure reaches Bitcoin-sensitive risk appetite or leaves reserves stable. The post Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves appeared first on CryptoSlate.

Coins in this story

Discussion

Related stories

CoinTelegraph

US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks

In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.

CryptoSlate

Investors haven’t added a single dime to HYPE ETFs in 12 days as a $30 million exodus begins

Nine sessions were negative and three were flat, while cumulative reported flows remained positive at about $283 million. The post Investors haven’t added a single dime to HYPE ETFs in 12 days as a $30 million exodus begins appeared first on CryptoSlate.

Decrypt

Jim Cramer Is Selling His Bitcoin Over Quantum Threat—Crypto Twitter Is Thrilled

The CNBC host announced the decision on air after interviewing IBM CEO Arvind Krishna, asking him whether quantum computers could eventually crack the cryptography protecting his coins.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.