8h ago
Gnosis and Zisk back ‘Ethereum Economic Zone’ plan to link fragmented L2 rollups
Gnosis and Zisk developers, backed by the Ethereum Foundation, proposed the "Ethereum Economic Zone" to let rollups and mainnet coordinate within a single transaction without bridges. The framework aims to reduce liquidity and infrastructure duplication caused by Ethereum's multi-rollup scaling approach, with technical details and benchmarks expected in the coming weeks.
BTC
BTC-0.16%
8h ago
9h ago
Steve Hanke Warns U.S. Is "Functionally Insolvent", Cites $6T Assets vs $136T Liabilities
Johns Hopkins economist Steve Hanke said in a recent interview that the U.S. is losing leverage in the Iran conflict and is "functionally insolvent." He pointed to a sharp drop in Strait of Hormuz throughput, claimed the Iranian rial has risen 6% since the war began, and cited federal figures showing about $6 trillion in assets versus roughly $48 trillion in on-balance-sheet liabilities and around $136 trillion including Social Security and Medicare.
BTC
BTC-0.16%
9h ago
9h ago
Tom Lee Cites $56B Bitcoin ETF Inflows, Argues BTC Is a Better Hedge Than Gold
Since the rollout of Bitcoin exchange-traded funds, about $56 billion has entered BTC-focused products, a shift Bitmine CEO Tom Lee says is reshaping how large investors think about preserving wealth. At the Futu Investment Exhibition, Lee challenged gold’s inflation-hedge reputation and said historical data shows gold has lagged inflation roughly 48% of the time over the past 55 years.
BTC
BTC-0.16%
9h ago
10h ago
Saylor Highlights STRC “Safe Haven” as Bitcoin Tries to Hold $67,000 Weekly Close
Bitcoin remained volatile heading into the weekly close, trading around $66,500 after falling more than 8.5% over the past two weeks and attempting to reclaim $67,000. Michael Saylor promoted Strategy's perpetual preferred shares STRC (Stretch), saying its 30-day volatility was 2% while offering an 11.5% annual dividend yield since March 2026. He also said STRC is being used as a key funding route to buy BTC during pullbacks, with a longer-term goal of reaching 1 million BTC.
BTC
BTC-0.16%
10h ago
11h ago
2-year US Treasury auction weakens as $69B sale clears at 3.936% yield
A soft outcome in Tuesday's 2-year US Treasury auction suggested investors are growing less comfortable with the outlook as oil rises and inflation worries resurface. The Treasury sold $69 billion of 2-year notes at a 3.936% high yield, while the bid-to-cover ratio slipped to 2.44 from 2.63 in February. The results were read as a sign markets may be dialing back expectations for near-term Federal Reserve rate cuts.
BTC
BTC-0.16%
11h ago