US Treasury strengthens as core inflation rises less than expected in May

Rising Treasury yields and declining demand may signal a shift in investor confidence, impacting broader financial markets and risk assets. The post US Treasury auction yields 4% as bid-cover ratio slips to 2.88 appeared first on Crypto Briefing.

NRG's narrow win highlights the intense competition and growing interest in esports betting, impacting team strategies and market dynamics. The post NRG defeats FUT Esports 13-11 on Lotus, puts them on brink of elimination at VCT Masters London appeared first on Crypto Briefing.

TSMC's revenue surge highlights AI's dominance in chip demand, potentially sidelining smaller sectors like crypto mining, affecting market dynamics. The post Taiwan Semiconductor reports $13.2B revenue in May, up 30% year-over-year appeared first on Crypto Briefing.

Hyperliquid & Paradigm Warn GENIUS Act Could Kill DeFi The post Hyperliquid News: HYPE and Paradigm Warn US Treasury of GENIUS Act Rule appeared first on 99Bitcoins.

SpaceX's IPO could reshape market dynamics, influence tech investments, and impact Musk's financial leverage across his ventures. The post SpaceX set for public listing this week as Elon Musk eyes trillionaire status appeared first on Crypto Briefing.

Geopolitical tensions and economic sanctions are reshaping market dynamics, challenging traditional safe-haven assets and impacting global trade. The post Gold falls as US launches strikes against Iran, jeopardizing truce appeared first on Crypto Briefing.

ASML's dominance in chip-making tech underscores its strategic importance, yet geopolitical and market dynamics pose potential growth challenges. The post ASML reaches record highs despite lowest valuation in years appeared first on Crypto Briefing.

The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to refine parts of its proposed stablecoin compliance rule tied to the GENIUS Act.  The rule is intended to implement anti-money laundering (AML) and sanctions requirements for “permitted payment stablecoin issuers” (PPSIs), a category the proposal says should be able to innovate in payment stablecoins while operating under an “appropriately tailored” regime designed to manage illicit-finance risk. Narrower Compliance, Less Burden While they did not oppose the overall goal of the framework, Paradigm and the Hyperliquid Policy Center argued that key elements of the proposal need clearer boundaries—especially where compliance obligations may unintentionally spill over into areas that do not fit the GENIUS Act’s structure or Congress’s intent. A maj