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Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
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MANTRA Halts Chain, Bitcoin Miners Bet on AI, Crypto Phishing Targets 885K Numbers
Today in crypto, MANTRA’s token fell to an all-time low amid a precautionary halt. Bitcoin miners are pouring billions into AI and high-performance computing even as revenue trails investment, while a newly uncovered phishing operation targeted about 885,000 phone numbers worldwide. MANTRA token sinks 18%… Read More
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.
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