• Nvidia has attained a market cap of $1T as the market opens.
• Maturity structure of U.S treasuries indicates that 30% of the debt will mature by 2023.
• Futures contracts have seen a sharp decline in trade volume with Bitcoin network emissions hitting an all-time low and Bitcoin realized price hitting YTD high.
Nvidia Hits $1T Market Cap
Nvidia, a leader in computing technology, has achieved a landmark feat as it’s market capitalization reached $1 trillion as the markets opened up today. This marks an impressive milestone for the tech giant as it continues to redefine technological progress across various industries.
Maturity Structure of US Treasuries
The maturity structure of U.S treasuries reveals that 30% of the outstanding debt matures by end of 2023. Over 50% is expected to mature by January 2026 while Horizon Kinetics provides a cumulative breakdown table which outlines the years to maturity and weighted average maturity out to 2052 – totaling $23.8 trillion worth of debt which needs to be rolled over for different durations.
Futures Contracts Decline
Futures contacts have seen their trade volume plummeting by around $10 billion in 24 hours due to uncertain market conditions and other macroeconomic factors such as rising inflation levels and increasing geopolitical tensions which may contribute to further declines in trade volumes if not addressed soon enough.
Bitcoin Network Emissions Hit All-Time Low
Interestingly, Bitcoin network emissions have hit an all-time low despite other industries seeing significant increases in their emissions due to the current pandemic situation – indicating that Bitcoin is outpacing other sectors when it comes down to reducing its environmental impact on our planet.
Bitcoin Realized Price Hits YTD High
Not only this but Bitcoin’s realized price also hit its year-to-date high suggesting that investors are increasingly becoming more bullish on digital assets especially given recent developments such as Tesla investing heavily into BTC and PayPal allowing users access to cryptocurrency trading services on its platform – indicating that institutional investors are looking towards cryptoassets as viable alternatives for long term investments rather than being perceived just merely speculative instruments like they were before