News list for " trillion dollars"
As Bitcoin broke through $111,000 and continued to set new highs, its market cap also broke through $2.20 trillion for the first time. Coingecko data shows that the current Bitcoin market cap hit a record high of $2,209,135,944,248, and the trading volume reached $71,685,796,851 in the past 24 hours.
1Confirmation founder Nick Tomaino said in a post on the X platform that if you really believe that cryptocurrencies are about empowering humans, then you must believe that all those cryptocurrencies that allocate 50% of their tokens to insiders for spreading rumors and selling will eventually go to zero, while trusted neutral stores of value like ETH will tend to reach $120 trillion. Nick Tomaino added that the original intention of cryptocurrencies was to take control of the large Financial In...
TRUMP: We have an investment of 10 trillion dollars and are currently considering increasing it to about 13 trillion dollars.
According to CoinGecko data, the total market capitalization of cryptocurrencies rebounded beyond 3.50 trillion dollars, and is now reported at 3.505 trillion dollars, a 24-hour increase of 1.3%. Among them, BTC's market share was 58.9%, and ETH's market share was 9.21%.
In its Future of Finance research report, Citigroup forecasts that stablecoins will gradually replace some of the cash reserves in the United States and overseas over the next five years, and become part of banks' short-term liquidity tools. The report says that with regulatory support, the market value of stablecoins will reach $1.60 trillion in 2030, or $3.70 trillion in an optimistic scenario. Fireblocks data shows that the use of stablecoins is shifting from transaction settlement to the pay...
According to The Kobeissi Letter analysis, the Fed's balance sheet shrank by $17 billion last month to $6.70 trillion, the lowest level since April 2020. The Fed has shrunk its balance sheet by 25% since April 2022 by $2.30 trillion. That's about 48% of the $4.80 trillion the Fed bought during its post-epidemic response. The Fed currently holds $4.20 trillion in Treasuries and $2.20 trillion in mortgage-backed securities (MBS). In March, the Federal Reserve announced that it would implement quan...
U.S. Treasury Secretary Vincent: Digital asset demand for U.S. Treasury bonds will be as high as $2 trillion.
According to Bitcoin Magazine, Michael Saylor said that the Bitcoin industry will reach $200 trillion.
US Senator Cynthia Lummis, in a speech to Congress, said that the US is running out of time and has no traditional options, either default and collapse into hyperinflation, or use bitcoin and technology to get out of trouble. The Bitcoin Act would be the only solution to America's $36 trillion debt, and related initiatives have been supported by Trump. If the Bitcoin Act is enacted into law, the United States will purchase 200,000 bitcoins annually for the next five years.
According to Coingape, Citibank forecasts in its latest report that the total supply of stablecoins will grow to $1.60 trillion in the baseline scenario and $3.70 trillion in the optimistic scenario by 2030. The analysis believes that if Citigroup's predictions come true and the regulatory momentum under Trump's policies continues, then Bitcoin is expected to enter the price discovery phase. Based on the historical ratio of stablecoin growth to BTC price appreciation, the 6.7-fold increase in st...
In its latest report, Citibank predicts that total stablecoin supply "will grow to $1.60 trillion in a baseline scenario and $3.70 trillion in an optimistic scenario" by 2030. The report says blockchain could have a "ChatGPT moment" this year, in part due to the acceleration of stablecoin adoption. Citi notes that "regulatory changes that drive financial and public sector adoption could trigger a historic shift in the cryptocurrency market", adding that stablecoins could be worth as little as $5...
The data shows that the total market capitalization of cryptocurrencies has exceeded 3 trillion dollars, currently 3.054 trillion dollars, with a 24-hour increase of 4.8% and a 24-hour trading volume of 153.8921 billion dollars. The current market share of BTC is 61.4%, and the market share of ETH is 7.10%.
Lawrence Summers, the former Treasury secretary, said the Trump administration's move to shrink the size of the Internal Revenue Service and a series of other policy changes could cost the federal government as much as $1 trillion in revenue over a decade by incentivizing taxpayers to reduce tax compliance. The cuts put at risk "the very foundation of a tax system that is built on voluntary compliance," Mr. Summers said in an interview.
Bitcoin has rallied more than 2.4% in the past 24 hours, crossing the $87,000 mark for the first time since April 2. Dominick John, an analyst at Kronos Research, said bitcoin's rise is being driven by rising global liquidity, especially thanks to the expansion of the M2 money supply and renewed interest from institutions such as the US, Europe and Japan. The total M2 money supply has increased steadily from December 2024 to February 2025 and has now reached $90.20 trillion, while Strategy has a...
Binance Research forecasts that the supply of US Treasury bonds will exceed $31 trillion in 2025, accounting for 109% of GDP and 144% of M2. The record scale will put huge financing pressure on the market. Falling foreign demand or selling could push up yields and affect risky assets such as cryptocurrencies. If the government adopts debt monetization, it may be positive for cryptocurrencies. Pay close attention to the macro impact and policy response.
