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05:14
U.S. Treasury Secretary: Trump's MMT Plan Aims to Combat Fed Balance Sheet Contraction
BlockBeats News, January 12, U.S. Treasury Secretary Scott Bessent said last Friday that the goal of the Trump administration's mortgage-backed securities (MBS) purchase program is to roughly match the pace of its purchases with the pace of these bonds "rolling off" the Fed's balance sheet. Bessent said in an interview with Reuters, "The reality is that the Fed is shrinking by about $15 billion of bonds a month, so the idea is to roughly match the Fed's actions, which have been pushing in the opposite direction."
05:08
The former largest PEPE bull goes 4x long on ETH, with an unrealized profit of $330,000.
BlockBeats News, January 12, according to monitoring, the "former largest PEPE bull" has closed their PEPE long position, realizing a loss of $314,500. Currently, they are long on 5,618.97 ETH (approximately $17.75 million) with 4x leverage, with an average entry price of $3,097.29, and an unrealized profit of $330,000.
05:06
「Former PEPE Top Bull」 Goes 4x Long on ETH, Unrealized Gain of $330,000
BlockBeats News, January 12th, according to Hyperinsight monitoring, the "Former PEPE Top Long" has closed the PEPE long position with a realized loss of $314,500. Currently, the position is 4x leveraged long on 5618.97 ETH (approximately $17.75 million), with an entry price of $3097.29, and an unrealized profit of $330,000.
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