Fed's Overnight Reverse Repo Usage Hits $2.414 Billion on Wednesday
The Fed's overnight reverse repo facility saw $2.414 billion in usage on Wednesday, highlighting sustained demand for short-term funding tools.
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Huang Criticizes AI Panic: Software Stock Selloff Is Unfounded
NVIDIA CEO Huang refutes market selloff of software stocks due to AI fears, emphasizing AI will utilize rather than replace existing tools.
Read MoreTrump Firmly Opposes Digital Dollar, Treasury Secretary Reveals Stance
US Treasury Secretary reveals Trump opposes digital dollar, calling it a threat to the traditional financial system and highlighting complex regulatory views on digital currencies.
Read MoreUS Crypto Mining Stocks Plummet Amid Industry Turbulence
Several US-listed crypto mining firms saw sharp declines, with Cipher Mining and IREN dropping over 15%, sparking investor concerns over sector stability.
Read MoreSpain's BBVA Joins Euro Stablecoin Initiative to Challenge Dollar Dominance
Spain's BBVA joins Qivalis, a stablecoin initiative aiming to launch euro-backed digital currency and challenge dollar dominance.
Read MoreFidelity Launches FIDD Dollar Stablecoin: A New Option for Retail and Institutional Investors
Fidelity Investments launches FIDD dollar stablecoin, anchored to the US dollar and issued on the Ethereum blockchain.
Read MoreKraken Reveals Cause of Service Disruption for Some Canadian Users
Cryptocurrency exchange Kraken identifies the cause of service disruptions affecting some Canadian users and is working on resolving the issue.
Read MoreU.S. Treasury Secretary Predicts Continued Gradual Decline in 10-Year Treasury Yields
U.S. Treasury Secretary suggests 10-year Treasury yields may continue declining gradually, reflecting economic uncertainties and policy shifts.
Read MoreRepublican Senator Proposes Treasury Purchase of Bitcoin Amid Market Buzz
Republican senators propose purchasing Bitcoin using US gold reserves, sparking market discussions and potential implications for cryptocurrency.
Read MoreUS Stocks Extend Decline with Nasdaq Slipping Over 2%
US stocks continued to decline with Nasdaq dropping over 2% and S&P 500 slipping about 1%. Tesla shares fell by 5%.
Read MoreUS Treasury Secretary Bethune Reaffirms Commitment to Strong Dollar Policy
US Treasury Secretary Bethune reiterated support for a strong dollar policy, highlighting its importance to economic stability and market confidence.
Read MoreSpaceX Begins IPO Roadshow Targeting Global Banks
SpaceX is set to launch its IPO roadshow targeting non-US banks, marking a major step toward going public and drawing global investor attention.
Read MoreU.S. Department of Labor Adjusts Release Dates for Nonfarm and CPI Data
The U.S. Department of Labor announced adjusted release dates for January's nonfarm payrolls and CPI data, with nonfarm data set for February 11 and CPI data delayed until February 13.
Read MoreBitcoin ETF Funds Show Resilience as 94% of Assets Remain Amid Price Dip
Despite a 40% Bitcoin price drop, 94% of ETF assets remain invested, showcasing strong investor confidence.
Read MoreEthereum Drops Below $2,100 as Market Volatility Intensifies
Ethereum falls below $2,100, currently trading at $2,099.53 with a 5.67% drop in the last 24 hours. Market volatility rises rapidly.
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