NextBridge, a Salvadoran platform, has completed a $30 million token sale backed by US Treasuries. The offering was completed in November. The initial subscription of USTBL tokens was made through Bitfinex Securities, a sister company of stablecoin issuer Tether. According to NextBridge, each token will correspond to a proportional share of assets under management, with a target total issuance of US Treasuries worth $200 million. USTBL tokens are built on the Bitcoin blockchain and run through t...
萨尔瓦多的平台NextBridge已完成由美国国债支持的价值3000万美元的代币销售,此次发行于11月完成,首次认购USTBL代币是通过稳定币发行商Tether的姊妹公司Bitfinex Securities进行的。据NextBridge称,每个代币将对应管理资产的比例份额,目标总发行量为价值2亿美元的美国国债。 USTBL代币建立在比特币区块链上,并通过Layer2协议Liquid Network运行。据 NexBridge创...
Kathleen Brooks, head of research at XTB, said the dollar fell as US president-elect Donald Trump announced he would nominate Scott Bescent, a hedge fund manager, to be Treasury secretary. "Bescent is seen as an antidote to Trump's most extreme economic views," said Mr. Brooks. Mr. Bescent, who advocates for less government spending, is expected to argue for a slow and steady approach to trade tariffs that could lead to inflation. That could boost risk sentiment and reduce the flow of safe-haven...
Brooks, an XTB analyst, said the dollar fell because the Federal Reserve seemed more likely to cut interest rates in November and less likely to keep them on hold. U.S. money markets showed a mere 5 percent chance of the Fed not cutting rates in November, down from 12 percent previously, according to data from LSEG Refinitiv. Meanwhile, polls show a very tight race for the US Presidential Election in November. She said the lack of a clear election result would hit sentiment and weigh on economic...
Bitcoin has plunged 22 per cent from its March high and, in textbook terms, has entered a "technical bear market".