U.S. Treasury Yields Rise Despite $6 Billion Bond Buyback
Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
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Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
The Treasury’s September 10 bond operation raises its limit to $6 billion, triple the prior level. For Bitcoin, accepted purchases and funding conditions may matter more than the intervention’s headline capacity.
Glassnode’s seven-day measure of Bitcoin selling pressure fell to 7 basis points from August’s 16-point peak, reaching a one-month low as long-term holders slowed profit-taking. Overhead holdings changed only slightly, according to CryptoSlate.
IonQ has introduced the Superion 256 quantum computer while building its first chips and testing prototypes. The company is pursuing larger-scale quantum manufacturing, as Bitcoin developers separately debate their next steps.
US Bank tested its proprietary USBDC stablecoin in a transfer between North American and European entities using the public Stellar blockchain, Cointelegraph reported. The pilot connects institutional stablecoin activity with the Stellar network and XLM.
Germany is weighing a draft bill to tax bitcoin gains more like stock investments, targeting tax-free sales after a 12-month holding period. Existing bitcoin holdings would keep their current tax treatment, according to CoinDesk.
AUSTRAC removed 45 crypto and remittance registrations in a yearlong review, including canceled, suspended and unrenewed registrations. The regulator said action against GetCoins helped disrupt organized investment scams.
A Tether-backed crypto exchange has frozen withdrawals after reporting that more than $7 million moved from custody to outside wallets. The exchange said recovery efforts are still at an early stage, according to CryptoSlate.
Ethereum is advancing Frame Transactions, a feature designed to let users pay gas fees without holding ETH. The feature entered the Hegotá upgrade last month, and Vitalik Buterin says development has progressed quickly since.
CoinDesk says Bitcoin has shown a smaller reaction than gold when Treasury yields move. The Sept. 7 briefing also flags Chainlink and the MOVE index as related assets, without providing yield levels or price data.
A Coldcard-linked attacker has moved about $7.7 million in Bitcoin, nearly half of the third-wave haul. The funds were held across 293 vaults, which are reportedly being emptied from the largest balance downward.
A third-wave Coldcard attacker has moved 45% of stolen Bitcoin, Cointelegraph reported. Across all Coldcard attacks, Galaxy said 82% of stolen BTC remains in original addresses, while 18% shows apparent laundering activity.
CryptoSlate reports that Bitcoin perpetual futures become significantly more active at 15:00 UTC, with higher trading volume, turnover and price movement in the next 10 seconds. The recurring pulse is linked to $14 billion in activity.
At least four Bitcoin wallets dormant for roughly a decade moved a combined $15.7 million from August 29 to September 4. One wallet’s $120 holding grew to about $3 million, while coins sent to Coinbase may signal a sale.