Live updates: Bitcoin reverses early gains; Saylor's Strategy moves toward daily dividends
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
“Does the Fed ever consider a 50 basis point rate hike,” asked macro analyst Ben Cowen on Friday. “The long end is getting away from them.”
“Warsh has talked a big talk about bringing inflation back down, but are they actually willing to do what needs to be done?”
Cowen’s comments come as the U.S. 10-year and 30-year yields made fresh near-two-decade highs Friday morning.
CIpher Mining CIFR$17.66 has inked deals with Google-backed Fluidstack extending to 20 years from 10 years the lease duration at its Barber Lake data center in Texas. Total contracted revenue is now $9 billion versus $3.8 billion prior.