Stablecoins boosting demand for US T-bills: Treasury Dept
The Treasury Department reports a surge in demand for US T-bills driven by the rise of stablecoins, signaling a significant market shift.
Financial market
Unveiling Bitcoin’s Nocturnal Dance: An Empirical Exploration
This study delves into the unique price patterns of Bitcoin, the most prominent cryptocurrency, during evening trading hours. Using a comprehensive dataset encompassing the years 2018 to 2022, we empirically analyze the behavior of Bitcoin prices in the evening market. Our findings shed light on the distinct characteristics of evening trading, offering valuable insights into the dynamics of the Bitcoin market.