Bank reserves fell by $77.579 billion on a weekly-average basis while the US Treasury raised its July-September borrowing estimate by $68 billion, placing scrutiny on Bitcoin's liquidity environment.
Tyler Williams, a senior US Treasury official overseeing digital asset policy and adviser to Treasury Secretary Scott Bessent, has left the department. His departure comes as Congress remains deadlocked over the CLARITY Act.
The Japanese yen surged to a two-month high after a rare joint currency intervention by Tokyo and Washington, following its drop to a 40-year low. US President Donald Trump called the move a "signal of friendship," with analysts noting Japan's favorable window and US aims to limit Treasury selling pressure.
US Treasury Secretary Scott Bessent inadvertently exposed plans for a $5bn-$10bn Japanese yen purchase during a Camp David cabinet meeting, captured by a Reuters photographer. This revelation coincided with reports of US and Japanese intervention to strengthen the yen, which had recently hit a 1986 low.
US government borrowing costs reached 2007 levels after the Federal Reserve held interest rates steady, fueling investor fears about inflation and the economy's ability to absorb rising prices, with 30-year Treasury yields hitting a 19-year high and stocks falling sharply.
Stablecoin issuer Tether reported a $1.5 billion net operating profit in Q2, primarily from US Treasury holdings. The company maintained over 60% of the global stablecoin market, with its USDt supply increasing despite broader market contraction.
U.S. Treasury yields advanced on Thursday, with the 10-year note reaching 4.707%, driven by Brent crude oil climbing above $100 a barrel due to Middle East tensions and weekly jobless claims falling below 200,000, signaling inflation fears and a potentially heating economy.
Treasury Secretary Scott Bessent announced the U.S. will investigate Chinese open-source AI models for intellectual property theft, threatening sanctions against companies found to be stealing IP. This move escalates the technological competition as Chinese models gain capabilities, potentially harming American AI firms.
India's holdings of US Treasury securities have fallen to a near six-year low of $181 billion in April, as the Reserve Bank of India diversifies its foreign asset portfolio by increasing gold reserves to 881 metric tonnes.
US Treasury yields climbed Wednesday, driven by surging oil prices, following President Trump's remarks about the Iran ceasefire and threats of further military action. The 10-year Treasury yield rose 6 basis points to 4.589%.
US Treasury revoked General License X, impacting Iranian oil transactions. While crude oil prices rose due to tanker attacks near the Strait of Hormuz, Bitcoin remained stable, raising questions about market confidence and future inflation impacts.
US Treasury yields rose significantly on Wednesday following President Trump's statement at the NATO summit suggesting the ceasefire with Iran is over. This, coupled with rising oil prices, fueled inflation concerns and pushed yields higher across various maturities.
The US Treasury Department has suspended a general license that eased sanctions on Iran's oil sector, effective July 7. The new directive prohibits new transactions and requires the wind-down of previously authorized ones by July 17.
The US Treasury Department revoked a license lifting oil sanctions on Iran after attacks on tankers in the Strait of Hormuz. The waiver, which allowed Iran to sell oil until August 21, was rescinded due to "wholly unacceptable" actions by Tehran.
The U.S. Treasury Department is revoking its authorization for Iranian oil sales, a license that allowed production, delivery, and sale through August 21. This action follows a series of attacks on tankers in the Strait of Hormuz, with a U.S. official stating Iran's actions were unacceptable and will face consequences.
US Treasury yields edged lower early Monday as investors awaited the FOMC minutes and the NATO Summit. The 10-year yield fell to 4.459%, the 2-year to 4.112%, and the 30-year to 4.969%. Key events include Fed minutes, jobless claims, existing home sales, and the NATO Summit in Turkey.
The US Treasury Department sanctioned 134 cryptocurrency wallets linked to ISIS-K, with 131 on the Tron blockchain. Chainalysis reported these wallets received over $1.4 million since 2023, and Tether has frozen associated funds.
The US Treasury's OFAC has sanctioned 134 cryptocurrency wallet addresses linked to ISIS-K, freezing 131 on the Tron network and 3 on Monero. These wallets received over $1.4 million in donations since 2023.
The US Treasury Department removed four Indian companies, including RRG Engineering Technologies and Galaxy Bearings, from its sanctions list, after they were previously accused of supplying advanced technology and equipment to Russia's military-industrial base.
Tradeweb facilitated a trade where Franklin Templeton transferred tokenized US Treasuries to Virtu Financial for tokenized cash on the Canton Network. The transaction, settled in real-time against USDCx, precedes DTCC's planned tokenization services and highlights growing government and institutional interest in tokenized bonds.
US Treasury yields increased Wednesday, with the 10-year note up 4 basis points to 4.463%. Investors analyzed comments from new Fed Chair Kevin Warsh and weaker-than-expected private payroll data for June.
The US Treasury's OFAC extended a license for Croatian pipeline operator JANAF to supply feedstock to Serbian NIS until July 31, 2026. This extension facilitates ongoing negotiations for the sale of stakes in NIS, which is under US sanctions alongside its majority shareholder Gazprom Neft.
MOL has received a one-month extension from the US Treasury to finalize negotiations for a controlling stake in Serbia's NIS, which is under US sanctions due to its majority owner Gazprom Neft. The deadline is now July 31, 2026.
US Treasury Secretary Scott Bessent and former President Donald Trump have urged oil and gas companies to lower prices, with Trump demanding prices target $2.50 a gallon. Bessent cited record profits and the upcoming 250th anniversary of the US founding as reasons for companies to act.
