News list for " $2.7 billion"

U.S. Senator and former Bridgewater CEO Dave McCormick has put as much as $1 million of his personal money into bitcoin as his committee prepares to enact cryptocurrency legislation. According to disclosures this week, McCormick has made several recent investments in the Bitwise Bitcoin ETF, investing hundreds of thousands of dollars. The latest investment was between $310,000 and $700,000 last month, according to the disclosure. In February, he disclosed that he had invested as much as $450,000...

According to the Deloitte Center for Financial Services report, real estate tokenization is expected to become the leading way to finance, own, and trade real estate, with the market size likely to reach $4 trillion by 2035 and an average annual growth rate of 27%. Tokenization offers advantages such as operational efficiency, faster settlements, and broader investor access. The report notes that the appeal of real estate tokenization is its ability to simplify complex financial protocols, such ...

In its latest report, ARK Invest raised its price target for a 2030 bull scenario to about $2.40 million, with a base scenario of $1.20 million and a bear scenario of $500,000. "Institutional investment contributes the most to the bull scenario," the report said. ARK said bitcoin was increasingly accepted as a "more flexible and transparent store of value".

The market shows that BNB has fallen below $600 and is now quoted at $599.93, a 24-hour decline of 1%. The market is volatile. Please do a good job in risk control.

According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 91.7%, and the probability of a 25 basis point cut is 8.3%. The probability that the Fed will keep interest rates unchanged in June is 37.3%, the probability of a cumulative 25 basis point cut is 57.8%, and the probability of a cumulative 50 basis point cut is 4.9%.

According to crypto journalist Eleanor Terrett, French Hill, chairperson of the House Financial Services Committee, said the House "spent much of the Easter holiday seeking technical assistance from industry, the SEC and the CFTC" to refine the updated draft of the FIT21 market structure bill. "The discussion paper and hearings on the text will be released'in the next few short weeks, '" he said.

In its latest report, Citibank predicts that total stablecoin supply "will grow to $1.60 trillion in a baseline scenario and $3.70 trillion in an optimistic scenario" by 2030. The report says blockchain could have a "ChatGPT moment" this year, in part due to the acceleration of stablecoin adoption. Citi notes that "regulatory changes that drive financial and public sector adoption could trigger a historic shift in the cryptocurrency market", adding that stablecoins could be worth as little as $5...

According to Fox Business Channel, Hassett, director of the National Economic Council, said that the most senior negotiators in Congress will meet with White House officials next week. Hassett said that US Treasury Secretary Bescent and I will present President Trump's priorities at the meeting. Hassett called the meeting a "Big Six" meeting. The "Big Six" negotiators are Bescent, Hassett, House Speaker Johnson and Senate Majority Leader Thune, as well as House Ways and Means Committee Chairpers...

South Korea's finance minister said the two countries have reached consensus on measures such as tariff and non-tariff barriers, economic security, investment cooperation, and monetary policy. South Korea's industry minister asked the US for exemptions from reciprocal tariffs on specific items, the ministry said, as it voiced public concern about the US tariffs. In addition, South Korea's finance minister said that technical-level talks between South Korea and the United States will be held in S...

Katsunobu Kato, Japan's finance minister, has reached an agreement with US Treasury Secretary Vincent Bescent that the exchange rate should be determined by the market and that excessive volatility will have an adverse impact on the economy. US Treasury Secretary Vincent Bescent has reached an agreement with Japan to communicate closely on foreign exchange matters. Japan regrets informing US Treasury Secretary Bescent of the tariffs.

The official Trump store has more "Trump 2028" displays, priced from $18 to $50. It was previously reported that "Trump 2028" hats were on sale in Trump's official store.

The Federal Reserve on Thursday announced the withdrawal of regulatory guidelines for banks' crypto assets and dollar token businesses, and the simultaneous update of relevant business expectations standards. The move is aimed at ensuring that regulatory requirements keep pace with the evolution of risks and further support banking system innovation. The announcement shows that the Federal Reserve officially repealed the 2022 issue of...