Tags : Bond

Market

France Trials CBDC, Blockchain for Authorities Bond Offers: Report

“This challenge went nicely past earlier blockchain initiatives as a result of it efficiently examined most central securities depository and central financial institution processes while eliminating present interim steps, corresponding to reconciliation between market intermediaries,” mentioned Soren Mortensen, international director of economic markets at IBM as cited within the report. “We’re quickly shifting in the […]Read More

Market

Bitcoin Miner Greenidge Technology Points $50M Bond Sale

Bitcoin mining agency Greenidge Technology Holdings (NASDAQ: GREE) plans to promote $50 million price of five-year bonds. The Nasdaq-listed agency has entered into an settlement with an underwriter for the sale of $50 million price of 8.5% senior notes due 2026, in line with an SEC filing dated Oct. 8. The providing is anticipated to […]Read More

Bitcoin

Bitcoin Drops Alongside Tech Shares as Bond Yields Rise

Bitcoin fell sharply on Monday and continued declining into the early Tuesday session as merchants feared its extreme valuations after a 100% rise this yr. The benchmark cryptocurrency misplaced greater than $8,000, or 13.91 p.c, to commerce beneath $50,000. At its week-to-date low, it was altering palms for as a lot as $46,700. Bitcoin’s closest […]Read More

Bitcoin

Bitcoin Bull Run Faces Exhaustion Dangers from Ongoing US Bond

Bitcoin costs printed themselves new document highs all Wednesday, however the cryptocurrency dangers discovering its potential tipping level in opposition to an ongoing US authorities bonds sell-off. Excessive costs and skinny yields on Treasury bonds offered essential assist for Bitcoin for the reason that coronavirus-induced world market rout final March. However, in opposition to the […]Read More

Market

Bitcoin Hits New Excessive Above $51K, Shrugging Off Rising Bond

Bitcoin’s dizzying bull run is exhibiting no indicators of slowing down regardless of an uptick in U.S. authorities bond yields. The cryptocurrency market chief set a brand new lifetime excessive of $51,348 early Wednesday, having penetrated the psychological stage of $50,000 on Tuesday for the primary time, based on CoinDesk 20 information. Costs have risen […]Read More