Bitcoin investors are watching their gains evaporate. Institutional money is fleeing spot ETFs, not out of fear, but for the safety of rising Treasury yields.
The fragile hope for peace in the Middle East evaporated, sending ripples through the financial markets and nudging average mortgage rates upward. Mixed domestic economic signals further complicate the outlook.
Stablecoins. The shiny new payment rails promised to disrupt everything. Turns out, they're mostly just better toilet paper for crypto traders.
Stablecoins were billed as payment saviors. Fed research says otherwise: they're mostly parked idle, circling crypto exchanges like moths around a flame.
Everyone figured FedNow would stay domestic forever. Now the Fed's floating cross-border via intermediaries—changing the game, or just kicking the can?