Investors have reacted to the US Treasury's announcement to double its government debt buybacks by pricing in higher inflation expectations, as seen in rising breakeven rates hitting their highest in over two months. This move aims to improve liquidity in the debt market but has raised concerns about inflation and broader policy impacts. Treasury yields initially dropped but then rebounded, with the 10- and 30-year yields climbing above pre-announcement levels. The market now watches closely for Federal Reserve Chairman Kevin Warsh's upcoming speech, which could influence inflation expectations and Treasury yield stability going forward.
South Korea's largest crypto exchange, Upbit, recorded $830 million in trading volume in one hour, driven mainly by XRP and the TRUMP meme coin. The 24-hour volume surged to $3.81 billion, marking a strong return of retail crypto trading after months...
In the last 24 hours, 39.23 million Shiba Inu (SHIB) tokens were sent to dead wallets, effectively removing them from circulation and increasing the token's burn rate by over 88%. Over the past week, 192.84 million SHIB were burned, though the weekly...
The MANTRA blockchain experienced a 28-hour halt, stopping all transactions but preserving token balances. The chain resumed producing blocks on August 22, 2026, at 03:38 UTC, yet OM token withdrawals on Binance were still suspended 15 hours later du...
XRP's market capitalization has surged past $94 billion, exceeding Belarus' estimated 2025 GDP of $93.4 billion. This milestone highlights XRP's rapid growth, also surpassing the market cap of major financial firm Intercontinental Exchange. Meanwhile...
Bitcoin surged past $79,000 after breaking a six-week range, driven by strong spot demand and $1.92 billion inflows into U.S. spot Bitcoin ETFs over five days. This rally, supported by short-term holders reclaiming cost bases near $68,500 and a $3 bi...
