Bitcoin Is Outperforming Stocks and Correlating With Gold Just When It Matters Most: Crypto Daybook
Bitcoin (BTC) is outperforming gold, the Nasdaq 100 index, the S&P 500 and other major asset classes just when it matters most.
The 3 Catalysts That Could Define Bitcoin's Next Move: Crypto Daybook
Bitcoin's next move depends on three important macro events lined up for the rest of the week.
Bitcoin's Surging Price Faces 1 Key Level That Could Signal If the Bear Market Is Really Over: Crypto Daybook
Bitcoin has surged by 25% to $80,000 in a week. Still, one bastion needs to fall before the bulls can claim victory.
The Great Divide in Crypto Markets: Wall Street on One Side, a Casino on the Other—Which Side Are You Betting On?
If you still habitually treat the "crypto market" as a monolithic entity, you are likely mistaken from the outset. The cryptocurrency sector today is no longer in its nascent era, characterized by the phenomenon where "when Bitcoin rises, altcoins surge in tandem." Bitcoin is now allocated by institutions as a macro asset, Real-World Assets (RWA) are arbitraging yields from traditional finance, and meme coins continue to gamble on attention economies. Although these assets all fall under the "crypto" umbrella, their funding sources, pricing logic, and operational mechanics are now worlds apart. To put it plainly: the crypto world has fragmented into several parallel universes. I. Why the term "crypto market" is becoming increasingly inaccurate
US Treasury yields ease, altering Bitcoin pricing dynamics
During this round of BTC's rally, the most critical factor to watch may not be the crypto industry, but rather long-term U.S. Treasury bonds. On August 18, the yield on the 30-year U.S. Treasury note briefly rose to 5.33%, reaching its highest level since 2007. The following day, the U.S. Treasury Department announced it would double the size of certain long-term Treasury buyback operations, increasing them from $2 billion per operation to at least $4 billion, covering Treasury securities with maturities ranging from 10 to 30 years. Following the announcement, the yield on the 30-year U.S. Treasury note fell by nearly 10 basis points, the U.S. dollar weakened, while gold and global risk assets strengthened in tandem.
Galaxy Digital: SEC Unveils Token Offering Regulatory Framework – Is the Era of Compliant ICO 2.0 Arriving?
On August 18, the U.S. Securities and Exchange Commission (SEC) released the draft "Regulation on Crypto-Asset Oversight" (Reg Crypto). This marks the first set of securities regulations in the United States specifically formulated for the issuance and sale of crypto-assets.