Flash News

TREE NEWS reports: Japan’s 30-year government bond yield reached its highest level in 30 years, reflecting shifting expectations for monetary policy. Meanwhile, Bitcoin traded sideways around $78,000 as markets digested the macro data.

TREE NEWS reports: Global bond yields hit multi-decade highs as Japan’s 10-year JGB yield reached a 30-year peak, yet Bitcoin remained stable near $78,000. The bond market turmoil reflects macroeconomic pressures, but crypto prices showed resilience.

TREE NEWS update: Bitcoin’s ‘Kimchi Premium’ in South Korea has reappeared, indicating renewed retail interest in the Asian market. This phenomenon occurs when Bitcoin trades at a higher price on Korean exchanges due to local demand and capital controls.

TREE NEWS update: Glassnode reports that the correlation between Bitcoin and the S&P 500 has fallen to near its lowest level in almost two years, indicating a decoupling from traditional equities. This suggests Bitcoin may be trading more on its own fundamentals rather than macro-driven risk sentiment.

TREE NEWS update: US major stock indices opened lower, with the Nasdaq dropping 1.3% and Intel falling nearly 3%. This reflects market sentiment amid broader economic concerns.

TREE NEWS reports: Federal Reserve Vice Chair for Supervision Michael Barr stated that if inflation does not cool, the Fed should not hesitate to raise interest rates. His comments signal a hawkish stance amid ongoing concerns about price pressures.

TREE NEWS reports: BlackRock has re-evaluated its Bitcoin investment thesis, concluding that even modest allocations have historically improved risk-adjusted returns in traditional portfolios. The analysis supports Bitcoin’s role as a diversifier in institutional portfolios.

TREE NEWS reports: The US is reportedly pressuring Japan to raise interest rates, reigniting debate over Bitcoin’s fixed monetary policy as an alternative in a world of shifting central bank moves. The development underscores the growing intersection of global macro policy and cryptocurrency’s value proposition.

TREE NEWS update: Analyst Willy Woo suggests that if Bitcoin becomes a global hard currency, its price could reach $5 million per coin. The statement highlights the potential long-term value of Bitcoin as a store of value, though it remains speculative.

TREE NEWS reports: Ethereum’s supply is tightening as staking locks up ~42M ETH and US spot ETFs see record inflows, reducing exchange balances by 15%. This could amplify price moves, but the rally’s sustainability depends on ETF inflows, ETH/BTC stability above 0.033, and a break above $2,550.

TREE NEWS update: Global bond markets are experiencing their most severe selloff in nearly two decades, with the Bloomberg Global Aggregate Index yield reaching 3.72%, the highest since mid-2008. US 10-year yields spiked to 4.78%, Japan’s 10-year hit 3% for the first time in 30 years, and UK yields rose to 2008 highs, driven by hawkish Fed rhetoric, oil price surges, and fiscal concerns. Analysts warn that the era of cheap money may be ending, with 5% yields potentially becoming the new normal.

TREE NEWS reports: Institutional reports indicate that memory chip prices in the third quarter saw significantly narrowed gains, with some sequential increases within 10%. This suggests a cooling in the memory market after earlier surges.

TREE NEWS reports: Tom Lee, co-founder of Fundstrat, stated that the current market rally is only the first wave, with institutions positioning for a major move in the fourth quarter. He remains optimistic about the market’s trajectory, suggesting further upside ahead.

TREE NEWS update: Fundstrat’s Tom Lee said on CNBC that Bitcoin could still reach six figures due to low holder counts, and that falling long-term yields despite Fed hikes could imply easing. He sees the recent rally as phase one, with crypto stock volumes indicating institutional positioning for Q4.

TREE NEWS update: Analysts suggest Bitcoin will struggle to maintain the $80,000 support level due to persistent ETF outflows and mounting macroeconomic pressures. The combination of capital flight from spot ETFs and a challenging macro environment makes a sustained recovery above this level unlikely in the near term.

TREE NEWS reports: Indian PM Modi again urged citizens to avoid buying gold unless necessary, citing a widening trade deficit and weakening rupee. This is his second such appeal this year, as gold imports surged over 32% in the first four months of the fiscal year.

TREE NEWS update: The US dollar strengthened against the Japanese yen, breaking above the 160.0 level to trade at 160.002, a 0.2% increase over the past 24 hours. This move reflects ongoing currency market dynamics and may have implications for global risk sentiment.

TREE NEWS update: The Bitcoin kimchi premium in South Korea has reappeared, staying positive for seven consecutive days, the longest streak since May. This indicates strong local demand for Bitcoin relative to global prices, often driven by retail FOMO and limited arbitrage opportunities.

TREE NEWS reports: Brazilian presidential candidate Santos, known for his pro-Bitcoin stance, has had his campaign funds frozen. The move is seen as a setback for his campaign and the crypto-friendly political agenda in Brazil.

TREE NEWS update: Dragonfly Capital partner Haseeb predicts that the IPOs of AI giants Anthropic and OpenAI will trigger the largest liquidity transfer in history. He suggests this could significantly impact crypto markets as capital flows into these tech listings.