Trump Pivoting Away From Pro-Bitcoin Picks for Treasury Secretary: NYT
The issue appears to be personal drama, but the development could nonetheless have a major impact on the Treasury’s digital assets outlook.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Stablecoin issuers have replaced 40% of China’s lost US Treasury demand
Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether...
Bitcoin ETFs are $5 billion away from a new flow record after a brutal 11-month reset
US spot Bitcoin exchange-traded funds (ETFs) recorded their first daily outflow in more than two weeks, interrupting a recovery th...
San Francisco Fed study finds stablecoin Treasury growth offsets China’s retreat
A San Francisco Fed study finds stablecoin issuers added about $200 billion in Treasuries, offsetting over 40% of China's decline...
The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin
Bitcoin Magazine The Quantum Issue: Quantum Isn’t Coming For Your Bitcoin For as long as Bitcoin has existed, new forms of FUD (fe...
Meet the New Bitcoin Treasury Firm That Already Plans to Sell BTC
Most bitcoin treasury companies follow the buy-and-try-to-hold model pioneered by Strategy, the publicly traded giant with nearly...
Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a wa...