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Treasury is an emerging euro-denominated Bitcoin treasury company. With Bitcoin as the digital gold benchmark, we are building a transparent, liquid, and institutional-grade structure for Bitcoin exposure in Europe.
“Fed Whisperer”: US Treasury Expands Treasury Buyback Scale, Possibly Due to Officials' Concerns Over Market Trends
Odaily News, "Fed Whisperer" Nick Timiraos stated that the US Treasury recently announced it will raise the single-operation buyback cap for long-term nominal coupon Treasury securities from $2 billion to at least $4 billion starting September 9.Timiraos, citing interest rate strategists, noted that the timing of this decision is worth attention: it comes only about two weeks after the Treasury's previous quarterly refunding announcement, and just hours after the announcement, the Treasury had planned to issue $16 billion in 20-year Treasury bonds. This unconventional timing may indicate that Treasury officials "do not like what is happening in the market."
Gate Stock Market Development Lead: Crypto and Stocks Are Accelerating Convergence, Ushering in a Multi-Asset Investment Wave
Odaily News In a recent interview on Cointelegraph's program Chain Reaction, Lucas Sum, Head of Stock Market Development at Gate, stated that crypto and stocks are quietly converging and increasingly becoming part of the same macro trade. He pointed out that the correlation between the crypto market and the Nasdaq index is currently higher than the five-year average, with the correlation coefficient once exceeding 0.8. Market sentiment is generally cautious at present, with more funds staying in low-risk assets such as stablecoins, as investors await clearer catalysts.Lucas Sum believes that the core narrative of the next market cycle may no longer be "crypto vs. Wall Street," but rather traditional financial assets accelerating their entry into the digital financial system through on-chain infrastructure. The scale of RWA has grown from approximately $12 billion a year ago to over $30 billion, while the scale of tokenized U.S. Treasury bonds has also reached approximately $15 billion, indicating that on-chain financial infrastructure continues to expand. Meanwhile, macro liquidity, real yields, and regulatory clarity remain key factors influencing the performance of risk assets. Against this backdrop, investors' focus is shifting from single-asset allocation to coordinated allocation across multiple asset classes. Lucas Sum noted that Gate is continuously expanding its stock business, currently covering U.S., Hong Kong, and Korean stock markets, with plans to extend further into more global markets to provide the necessary infrastructure for multi-asset investment.
Bank of England Launches Phase 2 of Digital Pound Lab, Testing Interoperability Between Stablecoins and Central Bank Digital Currency for Cross-Border Payments
According to CoinDesk, the Bank of England (BOE) announced that its digital pound project has officially entered the second phase, focusing on testing whether public stablecoins and Central Bank Digital Currencies (CBDC) can interoperate within a single payment stream to promote the modernization of cross-border trade finance. This experiment focuses on SME trade finance scenarios: exporters receive advance financing through stablecoin technology, while UK importers complete final settlement using the digital pound. Participants include UK fintech company NOBO Finance, global business data analytics firm Dun & Bradstreet, and blockchain company Polygon Labs. The three parties will integrate wallet transaction data, open finance information, and business intelligence to build reusable credit assessment profiles for SMEs. Polygon will provide stablecoin settlement infrastructure through its Open Money Stack, encompassing fiat currency exchange, wallet, and smart contract functionalities. The BOE emphasized that the laboratory does not involve real customers or funds, does not represent a decision to officially issue the digital pound, and the experimental results will serve as a reference for the joint assessment of the digital pound by the Bank of England and the Treasury later this year.
Bank of England's Digital Pound Project Enters Phase Two, Testing Stablecoin and Central Bank Currency Coordinated Payments
Odaily News: The Bank of England's (BOE) digital pound project has entered its second phase, testing whether publicly issued stablecoins and central bank currency can operate together in a single payment process for trade finance. The BOE will collaborate with NOBO Finance, Dun & Bradstreet, and Polygon Labs in its Digital Pound Lab to explore building reusable credit profiles for small businesses and research the use of stablecoins alongside a potential digital pound in invoice factoring. The experiments do not involve real customers or funds and are designed to provide a reference for the BOE and the UK Treasury in evaluating the interoperability of different forms of digital currency. (CoinDesk)
Intercontinental Exchange Launches Bond Financing in Preparation for $6 Billion Acquisition of MarketAxess
: Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has launched a U.S. investment-grade bond offering, just two weeks after the company announced its approximately $6 billion acquisition of the electronic bond trading platform MarketAxess.According to sources familiar with the matter, ICE's bond issuance is planned in up to five tranches, with maturities ranging from 3 to 10 years. The initial pricing guidance for the longest-dated bonds is approximately 1.15 percentage points above U.S. Treasury yields.ICE previously announced that it would acquire MarketAxess Holdings for approximately $6 billion to further expand its footprint in the fixed-income trading market. MarketAxess is one of the world's leading electronic bond trading platforms, primarily serving institutional investors and providing trading services for fixed-income products such as corporate bonds and government bonds.This acquisition is seen as a significant move by ICE to strengthen its bond market infrastructure. ICE currently owns the New York Stock Exchange (NYSE), futures exchanges, clearing houses, and data services businesses, while MarketAxess's electronic bond trading network will help ICE further expand its fixed-income asset trading ecosystem.Market participants noted that as bond trading becomes increasingly electronic, traditional exchange operators are competing for institutional investment market share through acquisitions of trading platforms and data companies. This financing also reflects the trend of major financial infrastructure companies supporting strategic mergers and acquisitions through the debt market. (Bloomberg)
Arthur Hayes: Rising Dollar Liquidity Will Drive Bitcoin and Crypto Higher
Odaily Planet Daily Report: Arthur Hayes stated on the X platform that his article "Yen-quake" will introduce how Buffalo Bill Bessent plans to manipulate the dollar-yen exchange rate and restart the money printing press. Arthur Hayes said that over the past decade, the continued weakening of the yen has driven gains in global asset markets, but this situation will eventually come to an end. The yen is the lowest-valued currency globally and is also a point of contention among the United States, China, and Japanese everyday voters. There are three ways to resolve the yen issue, but the U.S. Treasury and Japanese politicians tend to favor only one of them. He will explain the operating mechanisms of each yen appreciation method and why the final option is the preferred approach; he will then discuss how to execute the third option at the political level. He stated that as dollar liquidity rises significantly, Bitcoin and cryptocurrencies will rally. The three options include: 1. The Bank of Japan sharply raises interest rates, causing the dollar-yen interest rate differential to disappear, at least on the short end. 2. The government persuades domestic institutions and public bodies such as GPIF to change their investment mandates, selling overseas assets and buying local assets. 3. Preferred option: The Japanese Ministry of Finance conducts repurchase transactions of its U.S. Treasury holdings with the Federal Reserve in exchange for dollars; it then sells dollars and buys yen in the foreign exchange market. Arthur Hayes said that before getting into the details, speculators should consider why yen appreciation is being discussed now. Over the past few decades, many have claimed that the yen was about to appreciate and trigger a global unwinding of carry trades. Two weeks ago, monetary policy officials from the United States and Japan conducted a joint exchange rate manipulation operation, though they euphemistically called it intervention. U.S. Treasury Secretary Buffalo Bill Bessent indicated a desire to raise the counterparty limit for the FIMA repo facility, enabling Japan's Ministry of Finance to use its massive asset reserves to defend the yen. Japan's Ministry of Finance also stated it is working closely with the United States to push the dollar-yen exchange rate lower. Relevant officials are signaling to the market their support for a shift in global currency relations, so the market must pay attention to this.
Garrett Jin: Bitcoin's $80K-$82.5K Range is a Key Resistance Zone, Short-Squeeze Momentum Hard to Sustain
Odaily News, Garrett Jin, proxy for the "BTC OG Insider Whale," analyzed that Bitcoin's latest breakout above $70,000 was driven by multiple bullish factors, including the U.S. Treasury's expanded bond buybacks, the SEC's proposed crypto asset regulatory framework, and the White House crypto summit. The current price has entered a dense overhead supply zone ranging from the mid-$60,000s to the low $80,000s, with the first resistance layer already showing signs of weakening.Garrett Jin pointed out that the significant accumulation of new cost basis in the mid-$60,000 area over the past two months has provided underlying support for this breakout. While the short-squeeze triggered by short liquidations could temporarily push Bitcoin above $80,000 in the near term, the $80,000 to $82,500 range is a critical resistance zone to watch, and the short-squeeze momentum is unlikely to persist. If the market can effectively absorb supply below $80,000 before a breakout, it would be more conducive to a healthier subsequent trend.On the same day, SK Hynix announced South Korea's largest-ever stock buyback and cancellation plan, committing to return at least 50% of its projected free cash flow through 2027 to shareholders. Its shares surged over 10% at one point, triggering a buy-side circuit breaker on South Korea's KOSPI index. Analysts believe this move could alleviate market concerns over declining risk appetite for Korean semiconductor stocks, but it cannot alter the cyclical trajectory of the memory chip industry itself.
Analysis: Bitcoin Breaks Above $72K, Dollar Weakness and Fed Liquidity Expectations Become Key to Outlook
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
Standard Chartered Bank Analyst: US Treasury Expands Long-Term Bond Buyback, BTC May Hit $100,000 by Year-End
According to Cointelegraph, Standard Chartered Bank analyst Geoff Kendrick pointed out in the latest client report that the U.S. Treasury announced the scale of 10- to 30-year Treasury bond buybacks will be at least doubled from $2 billion per operation to $4 billion, with an execution period from September 9 to November 4. This policy drove long-term U.S. Treasury yields down significantly, effectively alleviating selling pressure in the bond market. Kendrick stated that such government liquidity interventions have historically been bullish for Bitcoin, and coupled with its fixed supply attribute, BTC is expected to hit $100,000 before the end of the year. Technically, he views $65,500 as a key support level; once effectively broken above, it can confirm that the bottom of this cycle has appeared.
Standard Chartered Bullish on Bitcoin Hitting $100,000 by Year-End: U.S. Treasury Expanding Bond Buybacks Could Be Key Catalyst
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
Prediction market companies not invited; White House to hold tech leaders event with Trump tomorrow
Odaily Odaily News: The White House plans to host a tech industry leaders event with Trump tomorrow, with multiple tech industry leaders expected to attend. According to White House sources, prediction market companies were not invited to this event and will not be present. Previously, sources familiar with the matter revealed that President Trump is expected to attend a crypto industry innovation meeting to be held at the White House next week, engaging in discussions with executives from multiple crypto companies as well as heads of prediction market and AI firms. Executives from companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi are expected to participate and serve as members of the newly established Innovation Advisory Committee under the U.S. Commodity Futures Trading Commission. The meeting is expected to be held at the Eisenhower Executive Office Building next to the White House, discussing U.S. policies on innovation areas including fintech, crypto assets, prediction markets, and AI. CFTC Chairman Mike Selig and other government advisors are also expected to attend, and Treasury Secretary Bessent and Commerce Secretary Lutnick may also be present.
Gate Stock Market Development Lead: Crypto and Stocks Are Accelerating Convergence, Ushering in a Multi-Asset Investment Wave
Odaily News In a recent interview on Cointelegraph's program Chain Reaction, Lucas Sum, Head of Stock Market Development at Gate, stated that crypto and stocks are quietly converging and increasingly becoming part of the same macro trade. He pointed out that the correlation between the crypto market and the Nasdaq index is currently higher than the five-year average, with the correlation coefficient once exceeding 0.8. Market sentiment is generally cautious at present, with more funds staying in low-risk assets such as stablecoins, as investors await clearer catalysts.Lucas Sum believes that the core narrative of the next market cycle may no longer be "crypto vs. Wall Street," but rather traditional financial assets accelerating their entry into the digital financial system through on-chain infrastructure. The scale of RWA has grown from approximately $12 billion a year ago to over $30 billion, while the scale of tokenized U.S. Treasury bonds has also reached approximately $15 billion, indicating that on-chain financial infrastructure continues to expand. Meanwhile, macro liquidity, real yields, and regulatory clarity remain key factors influencing the performance of risk assets. Against this backdrop, investors' focus is shifting from single-asset allocation to coordinated allocation across multiple asset classes. Lucas Sum noted that Gate is continuously expanding its stock business, currently covering U.S., Hong Kong, and Korean stock markets, with plans to extend further into more global markets to provide the necessary infrastructure for multi-asset investment.
Garrett Jin: Bitcoin's $80K-$82.5K Range is a Key Resistance Zone, Short-Squeeze Momentum Hard to Sustain
Odaily News, Garrett Jin, proxy for the "BTC OG Insider Whale," analyzed that Bitcoin's latest breakout above $70,000 was driven by multiple bullish factors, including the U.S. Treasury's expanded bond buybacks, the SEC's proposed crypto asset regulatory framework, and the White House crypto summit. The current price has entered a dense overhead supply zone ranging from the mid-$60,000s to the low $80,000s, with the first resistance layer already showing signs of weakening.Garrett Jin pointed out that the significant accumulation of new cost basis in the mid-$60,000 area over the past two months has provided underlying support for this breakout. While the short-squeeze triggered by short liquidations could temporarily push Bitcoin above $80,000 in the near term, the $80,000 to $82,500 range is a critical resistance zone to watch, and the short-squeeze momentum is unlikely to persist. If the market can effectively absorb supply below $80,000 before a breakout, it would be more conducive to a healthier subsequent trend.On the same day, SK Hynix announced South Korea's largest-ever stock buyback and cancellation plan, committing to return at least 50% of its projected free cash flow through 2027 to shareholders. Its shares surged over 10% at one point, triggering a buy-side circuit breaker on South Korea's KOSPI index. Analysts believe this move could alleviate market concerns over declining risk appetite for Korean semiconductor stocks, but it cannot alter the cyclical trajectory of the memory chip industry itself.
Analysis: Bitcoin Breaks Above $72K, Dollar Weakness and Fed Liquidity Expectations Become Key to Outlook
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
Standard Chartered Bank Analyst: US Treasury Expands Long-Term Bond Buyback, BTC May Hit $100,000 by Year-End
According to Cointelegraph, Standard Chartered Bank analyst Geoff Kendrick pointed out in the latest client report that the U.S. Treasury announced the scale of 10- to 30-year Treasury bond buybacks will be at least doubled from $2 billion per operation to $4 billion, with an execution period from September 9 to November 4. This policy drove long-term U.S. Treasury yields down significantly, effectively alleviating selling pressure in the bond market. Kendrick stated that such government liquidity interventions have historically been bullish for Bitcoin, and coupled with its fixed supply attribute, BTC is expected to hit $100,000 before the end of the year. Technically, he views $65,500 as a key support level; once effectively broken above, it can confirm that the bottom of this cycle has appeared.
Standard Chartered Bullish on Bitcoin Hitting $100,000 by Year-End: U.S. Treasury Expanding Bond Buybacks Could Be Key Catalyst
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
Bitcoin Short Whale Again on Verge of Liquidation, Holding Short Positions Worth Approximately $93.24 Million
According to monitoring by on-chain analyst Yu Jin, influenced by news of the U.S. increasing the scale of long-term Treasury bond repurchases, both the U.S. stock pre-market and the crypto market saw gains. He pointed out that a Bitcoin short whale who was recently liquidated is again approaching the liquidation threshold. The Bitcoin short positions held are valued at approximately $93.24 million, with a liquidation price of $65,045, about $200 away from the current price.
Foreign investors' U.S. Treasury holdings fell to $9.299 trillion in June
Odaily News, U.S. Treasury Department data shows that foreign investors' holdings of U.S. Treasuries fell to $9.299 trillion in June from $9.371 trillion in May, a decrease of approximately $72 billion month-over-month, mainly driven by reductions from Japan, the UK, and China, but still up 2.3% year-over-year.Among them, Japan's holdings of U.S. Treasuries fell 2.3% month-over-month to $1.116 trillion in June, remaining the largest overseas holder; the UK's holdings fell 1% to $939.9 billion. In June, net capital inflows on a transaction basis into U.S. Treasuries were only $6.8 billion, down from $56.6 billion in May. (Reuters)
前美国国防部长呼吁参议院尽快通过 CLARITY 法案，称其为国家安全法案
According to Cointelegraph, former U.S. Secretary of Defense Mark Esper wrote in the Financial Times, calling on the Senate to pass the CLARITY Act as soon as possible and emphasizing that the bill is not only a financial services bill but also a national security bill. Esper pointed out that China is heavily investing in state-led payment systems to bypass U.S. regulation and undermine the dominance of the U.S. dollar, while weak digital asset regulatory rules also provide loopholes for North Korean hacking organizations such as the Lazarus Group to evade U.S. financial controls. He stated that the CLARITY Act will expand the Treasury Department's special measures authority under Section 311 of the USA PATRIOT Act and is a powerful weapon to combat malicious actors.
Coldcard Hardware Wallet Vulnerability Leads to Outflow of Approximately 1,367 BTC, Bitcoin Drops Below $63,000
Odaily News: Major cryptocurrencies moved lower on Monday, with Bitcoin briefly falling to around $62,800 and Ether dropping to $1,858. Although expectations related to the geopolitical situation had improved earlier, the market failed to sustain a rebound. Following the expansion of the Coldcard hardware wallet vulnerability, approximately 1,367 BTC flowed out of roughly 4,585 addresses, valued at nearly $89 million, occurring across three rounds of attacks. The market's weakness stood in contrast to falling crude oil prices, a pullback in U.S. Treasury yields, and gains in stock index futures.
Senator Lummis Champions the CLARITY Act to Combat Lazarus Group and Other Crypto Illegal Activities
According to Bitcoin.com, U.S. Senator Cynthia Lummis is pushing hard for the CLARITY Act to complete Senate voting before Congress adjourns. Section 303 of the bill grants the Treasury Department the authority to impose targeted digital asset sanctions on foreign jurisdictions, while Section 305 allows exchanges to freeze suspicious transactions for up to 180 days. On-chain data shows that North Korea's Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of the total global crypto theft during the same period ($972 million), including a $285 million attack on Drift Protocol in April and a $292 million attack on the KelpDAO cross-chain bridge. The group's cumulative theft amount has reached $6.75 billion since 2019. Currently, Galaxy Research has lowered the probability of the CLARITY Act passing within 2026 to 30%. The bill still requires 60 votes to advance, meaning at least 7 Democratic senators need to vote across party lines in support.
Triple-A Treasury Wallet Hacked, Approximately $11.8 Million Lost
According to Cointelegraph, Singapore stablecoin payment company Triple-A confirmed its treasury wallet was accessed without authorization, with on-chain investigator Specter estimating losses at approximately $11.8 million. The company stated that customer funds are held in separate trust accounts and were not affected by this incident, and the relevant losses will be covered by the company's own financial reserves. Triple-A has currently restored all services and is collaborating with cybersecurity experts, blockchain forensic agencies, and the Singapore Police Force to investigate and track the stolen assets.
U.S. Treasury Secretary: If Chinese Companies Engage in Refinement Attacks to Steal Intellectual Property, Sanctions and Entity List Designation Will Be Considered
Treasury Secretary Scott Bessent posted on the X platform, expressing support for open-source AI and the innovation it brings, but emphasized that open-source is not an excuse for arbitrarily infringing upon U.S. intellectual property rights. If Chinese companies conduct covert, industrial-scale refinement attacks that cross the line into intellectual property theft, consideration will be given to imposing sanctions and placing them on the entity list.
BONK Treasury Attacker Transfers Approximately $1.19 Million in Tokens to Coinbase
According to EmberCN monitoring, the address that previously drained the BONK treasury via a governance attack transferred another 400 billion BONK (approximately $1.19 million) to Coinbase 20 minutes ago. This address spent approximately $4.4 million 10 days ago to purchase sufficient BONK tokens to reach the governance voting approval threshold, subsequently initiated a governance proposal and forced it through, transferring 4.426 trillion BONK valued at approximately $21.2 million from the BONK treasury.
Analysis: Bitcoin Breaks Above $72K, Dollar Weakness and Fed Liquidity Expectations Become Key to Outlook
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
Standard Chartered Bullish on Bitcoin Hitting $100,000 by Year-End: U.S. Treasury Expanding Bond Buybacks Could Be Key Catalyst
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
The US Treasury will at least double the scale of long-term Treasury bond buyback operations.
The U.S. Treasury Department announced that it is at least doubling the scale of liquidity support repurchase operations for long-term nominal coupon securities, involving two maturity ranges: 10 to 20 years and 20 to 30 years. Currently, the maximum size per operation is $2 billion, and the size per operation will be increased to at least $4 billion in the future.
Centrifuge joins Symbiotic's liquidity network, providing instant USDC liquidity for $1.6 billion in tokenized funds
: Asset tokenization platform Centrifuge has announced its integration with Liquid Lane, a liquidity network launched by Symbiotic, to provide on-chain liquidity support for three of its tokenized funds, covering fund products with approximately $1.6 billion in assets under management.The integration involves Janus Henderson's JAAA (AAA-rated collateralized loan obligation strategy fund), JTRSY (short-term U.S. Treasury strategy fund), and NYLIM's HYB (U.S. high-yield corporate bond fund). Through Symbiotic Liquid Lane, eligible fund holders can exchange their fund tokens for USDC via an on-chain request-for-quote (RFQ) market, enabling instant liquidity. This mechanism allows market makers to draw funds from liquidity vaults to meet investor redemption demands, and subsequently redeem fund tokens through the issuer or sell them in other RFQ transactions.Centrifuge stated that this solution separates investors' instant access to USDC liquidity from the traditional fund redemption process, making tokenized funds more adaptable to the trading demands of on-chain financial markets. (Cointelegraph)
U.S. Department of the Treasury Seeks Public Comment on GENIUS Act Rules
The U.S. Department of the Treasury has issued proposed rules on the GENIUS Act and opened a 60-day public comment period. The Act is scheduled to take effect in January 2027, requiring a federal or state license for payment stablecoin issuance.
U.S. Treasury Seeks Public Comments on Draft Rules for GENIUS Act Stablecoin Implementation
Odaily News The U.S. Department of the Treasury released on August 17 a Notice of Proposed Rulemaking (NPRM) regarding the implementation rules for the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins), and is seeking public comments to advance the establishment of a U.S. regulatory framework for payment stablecoins.Treasury Secretary Scott Bessent stated that the Trump administration and Congress have driven the passage of the GENIUS Act, establishing a "landmark regulatory framework and clear rules" for payment stablecoins, and the Treasury is accelerating the implementation of related systems. He stated that the Treasury hopes to support innovation and development by U.S. companies by providing regulatory certainty, while consolidating the U.S. dollar's status as the global reserve currency and positioning the United States as a global hub for crypto assets.Under the GENIUS Act, starting January 18, 2027, any entity seeking to issue payment stablecoins in the United States will generally be required to obtain an appropriate federal or state license. Additionally, digital asset service providers will generally be prohibited from offering, selling, or distributing payment stablecoins issued by foreign entities to the U.S. market, unless the foreign issuer has the technical capability to comply with U.S. regulatory requirements and can adhere to relevant arrangements reached between the United States and the issuer's jurisdiction.Starting July 18, 2028, the Act further requires that digital asset service providers generally may not offer or sell payment stablecoins to "U.S. persons" unless the relevant stablecoins are issued by a licensed issuer.The Treasury's draft rules primarily provide regulatory interpretation on two key issues: first, clarifying what constitutes "issuing payment stablecoins in the United States" to help issuers determine when they need to obtain a license under the GENIUS Act; second, clarifying what constitutes "offering or selling payment stablecoins to U.S. persons" to provide compliance guidance for companies participating in the U.S. stablecoin market.The U.S. Department of the Treasury stated that the public comment period will last 60 days following publication in the Federal Register, during which the public and industry participants may submit comments.
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US Debt Surpasses $40 Trillion, Bitcoin Surges to $72,000 in Response
Total US Treasury debt has historically surpassed the $40 trillion threshold. Accompanied by the Treasury Department's move to increase long-term bond holdings and improving macro liquidity, Bitcoin prices staged a strong short-term rebound, gaining over 6% intraday.
US Treasury Repo Could Push Bitcoin to Next Target of $180,000
Analysts believe that the potential U.S. Treasury bond buyback program and the resulting liquidity shifts are driving Bitcoin toward its $180,000 target.
Garrett Jin: Bitcoin's $80K-$82.5K Range is a Key Resistance Zone, Short-Squeeze Momentum Hard to Sustain
Odaily News, Garrett Jin, proxy for the "BTC OG Insider Whale," analyzed that Bitcoin's latest breakout above $70,000 was driven by multiple bullish factors, including the U.S. Treasury's expanded bond buybacks, the SEC's proposed crypto asset regulatory framework, and the White House crypto summit. The current price has entered a dense overhead supply zone ranging from the mid-$60,000s to the low $80,000s, with the first resistance layer already showing signs of weakening.Garrett Jin pointed out that the significant accumulation of new cost basis in the mid-$60,000 area over the past two months has provided underlying support for this breakout. While the short-squeeze triggered by short liquidations could temporarily push Bitcoin above $80,000 in the near term, the $80,000 to $82,500 range is a critical resistance zone to watch, and the short-squeeze momentum is unlikely to persist. If the market can effectively absorb supply below $80,000 before a breakout, it would be more conducive to a healthier subsequent trend.On the same day, SK Hynix announced South Korea's largest-ever stock buyback and cancellation plan, committing to return at least 50% of its projected free cash flow through 2027 to shareholders. Its shares surged over 10% at one point, triggering a buy-side circuit breaker on South Korea's KOSPI index. Analysts believe this move could alleviate market concerns over declining risk appetite for Korean semiconductor stocks, but it cannot alter the cyclical trajectory of the memory chip industry itself.
Analysis: Bitcoin Breaks Above $72K, Dollar Weakness and Fed Liquidity Expectations Become Key to Outlook
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
USDC Treasury 在 Solana 链上新增铸造 2.5 亿枚 USDC
据 Whale Alert 监测，USDC Treasury 在 Solana 链上铸造 2.5 亿枚 USDC。
“Fed Whisperer”: US Treasury Expands Treasury Buyback Scale, Possibly Due to Officials' Concerns Over Market Trends
Odaily News, "Fed Whisperer" Nick Timiraos stated that the US Treasury recently announced it will raise the single-operation buyback cap for long-term nominal coupon Treasury securities from $2 billion to at least $4 billion starting September 9.Timiraos, citing interest rate strategists, noted that the timing of this decision is worth attention: it comes only about two weeks after the Treasury's previous quarterly refunding announcement, and just hours after the announcement, the Treasury had planned to issue $16 billion in 20-year Treasury bonds. This unconventional timing may indicate that Treasury officials "do not like what is happening in the market."