Bitcoin takes pressure off the US dollar — US President Trump

Bitcoin takes pressure off the US dollar — US President Trump

Trump praised Bitcoin and cryptocurrencies in a Friday press conference and said Bitcoin may help relieve pressure on the US dollar. United States President Donald Trump recently touted the positive impacts of Bitcoin (BTC) on the US economy, including relieving “pressure” from the US dollar during Friday’s White House press conference. The President said that…

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Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock’s tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility,…

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