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Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage
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Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level since 2007. The 30-year yield reached a fresh 22-year high of 5.5185% before trading around 5.511%, up […] The post Bitcoin survives a 5.2% Treasury shock as tr...
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Strategy’s daily dividend proposal puts Bitcoin funding back in investors’ hands
The four preferred shares would pay more often at current rates. Whether buyers bid them higher remains unproved. The post Strategy’s daily dividend proposal puts Bitcoin funding back in investors’ hands appeared first on CryptoSlate.