The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jason Leopold show that, even though it was considered outrageous by some, it was seriously […]
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $ 960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $ 132.26 billion, concluding the month with $ 135.86 billion in finalized swaps. Dex Platforms Rise to …
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin
The CEO of Franklin Templeton, a $ 1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated types of asset classes that are going to be interesting for …