US Patent Granted to Stablecoin Concept Backed by Government Debt

Unlike fiat currency-pegged stablecoins, Yuga Coin intends to be solely pegged to government debt such as bonds and Treasury notes.

News  ·  21 July 2021

European Investment Bank Issues $121M Digital Notes Using Ethereum

Goldman Sachs, Banco Santander SA and Societe Generale AG served as joint managers.

News  ·  28 April 2021

Bitcoin, in Switch From February, Keeps Bullish Tone as US Treasury Yields Rise

About 87% of bitcoin's performance was delivered while the U.S. 10-year bond yield has been rising, one observer said.

Markets  ·  30 March 2021

Danish Red Cross Backs $3M Blockchain Volcano Catastrophe Bond

The volcanos, situated in Cameroon, Chile, Colombia, Ecuador, Guatemala, Indonesia and Mexico, were selected based on "the significant humanitarian threat they represent."

News  ·  22 March 2021

Bitcoin Price Gets Fed Boost but Bond Yields Could Play Spoilsport: Analysts

The Federal Reserve has strengthened bitcoin's appeal as an inflation hedge, opening doors for a continued price rally.

News  ·  18 March 2021

JPMorgan’s New Crypto Bond ‘Not for the Faint of Heart,’ Former Star Analyst Hintz Says

Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.

Markets  ·  10 March 2021
Federal Reserve

Bitcoin Hovers Below $50K as Traders Await Fed’s Take on Bond Yields

Federal Reserve chairman Jerome Powell is expected to address rising bond yields later on Thursday.

Markets  ·  4 March 2021

Bitcoin Looks Indecisive After Sell-off in Bonds, Tech Stocks

The largest cryptocurrency has failed to hold above $50,000 amid a downdraft in traditional markets.

Markets  ·  26 February 2021
Jerome Powell

Bitcoin Retakes $50K as Powell Eases Market Jitters, Bond Yields Drop

"The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain," the Fed chairman said.

Markets  ·  24 February 2021

Market Wrap: Bitcoin Stabilizes After Margin Calls Fuel Biggest Plunge in Month

After a lot of drama, bitcoin’s back to trading where it was a few days ago.

Markets  ·  22 February 2021

Market Wrap: Bitcoin Steadying Around $52K, Ether Surges on Rising Institutional Interest

Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.

Markets  ·  18 February 2021

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond Yields

Rising bond yields are a threat to prices of hedge assets, but bitcoin is soaring as gold falls.

Markets  ·  17 February 2021
Standard Chartered Bank

Standard Chartered, Philippines Bank Issue $187M Blockchain Bond

The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.

Business  ·  7 December 2020

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond

The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.

News  ·  23 November 2020

Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: Analysts

With negative-yielding bonds at a new high, investors are looking elsewhere for returns.

Markets  ·  16 November 2020