“2-Month T-Bill Rate Plummets: Traders Tackle Banking & Debt-Ceiling Dilemmas – Unraveling the Aftermath!”
As traders assess the risks facing the US economy, the 2-month T-bill rate has experienced a significant decline, falling almost half a percentage point since the previous Thursday. By 11 a.m. Eastern time, the yield had dropped by 46.3 basis points, resulting in a 4.859% yield, according to Tradeweb. This downward trend reflected traders’ concerns […]
Mintlayer CEO Exposes Startling Flaws in BRC-20 Tokens: Unveils Significant Issues
Rewrite and expand this content to 900 words Security Bitcoin BRC-20 tokens have skyrocketed over the past few days, with their combined market value rising to over $923 million as of 8 May, 2023. Mintlayer CEO Enrico Rubboli has highlighted some of the flaws and issues plaguing the BRC-20 token standard. Apart from not aligning […]
“Two Banks in March: Was the Pace of Rate Hikes Truly the Culprit?”
The Federal Reserve Bank of New York President, John Williams, has stated that the financial system troubles prompting the central bank to provide large amounts of credit to banks is not collateral damage stemming from the Federal Reserve’s aggressive campaign to lower inflation. This comment comes in defense against the growing concern that the rapid […]