Global TradFi & Macroeconomics

U.S. Treasury markets steadied on Friday (August 21) after a volatile week, with the 10-year yield holding at 4.69%, according to analysts including Philip Marey of Rabobank and Gregoire Pesques of Amundi. The Treasury Department announced expanded bond buyback operations this week, which briefly

Kakao announced on the 21st a board decision to split into Kakao AI (new entity) and Kakao X (surviving entity) via equity carve-out, citing AI competitiveness strengthening. Major institutional shareholders Tencent affiliate MAXIMO (5.7%, 2nd largest) and BlackRock (exceeding 5%) have increased

According to Maeil Business News, Kakao announced on August 21 a reorganization splitting the company into two entities: KakaoAI (36%) and KakaoX (64%). KakaoAI will house KakaoTalk, AI services, advertising, and commerce operations under CEO Jung Shin-a. KakaoX will serve as an investment holding c

According to sources cited by The Wall Street Journal, Nvidia (NVDA.O) is expected to announce its investment in Cloverleaf Infrastructure on Friday (August 22).

According to its prospectus filing, Yangtze Memory achieved operating revenue of 47.042 billion yuan (approximately $6.5 billion USD) and net profit of 33.379 billion yuan in Q1 2026. Based on TrendForce data calculations, the company ranked third globally and first in China among NAND Flash

Moderna fell about 24% to $133.32 on Thursday, according to on-chain data, giving back a large portion of its historic 177% surge the prior day following the first positive Phase 3 result for an mRNA cancer vaccine.

According to Jinrui Futures research report, silver futures on the Shanghai Exchange closed at 16,771 on August 21, driven by declining long-term U.S. Treasury yields and a weakening U.S. dollar. The decline in Treasury yields follows signals of improved liquidity conditions from expanded U.S.

According to BlockBeats, on August 21, the Shanghai Stock Exchange changed Yangtze Memory Holdings' IPO review status for listing on the Science and Technology Innovation Board to accepted.

According to Ukraine's Agricultural Ministry, grain exports from August 1-21, 2026 dropped to 540,000 tons from 1.73 million tons in the same period of 2025, representing a 69% decline year-over-year.

Standard Chartered's global head of digital asset research Geoff Kendrick stated in a Friday note that Bitcoin may move toward its all-time high of $126,000 before year-end. Kendrick cited short liquidations as the primary driver of the latest rally, alongside recovering inflows into spot Bitcoin

Michael Burry, the investor known for shorting the 2008 housing market, warned on Friday that the AI data center construction boom presents structural risks similar to the 2008 financial crisis. In a Substack post, Burry highlighted that private non-residential construction excluding data centers

Michael Burry warned on Friday that the AI data center investment boom exhibits structural risks similar to those preceding the 2008 financial crisis, according to his latest Substack post. He cited June data showing private non-residential construction excluding data centers fell 7.9%

According to Geoff Kendrick, global head of digital asset research at Standard Chartered, in a Friday note shared with Cointelegraph, Bitcoin may move toward its all-time high of $126,000 before the end of the year, with the recovery potentially accelerating after Oct. 6. Kendrick acknowledged

According to Shanghai Gold Exchange, gold T+D futures rose 1.81% to 984.0 yuan per gram during the evening session opening on August 21 (Friday), while silver T+D futures gained 1.82% to 16,940 yuan per

According to reports on August 21, Iraq's Prime Minister announced plans to increase the country's daily oil production to 8-10 million barrels within six years. Additionally, Iraq has dispatched a ministerial committee to Saudi Arabia to discuss expanding Iraq's Organization of Petroleum

A major Bitcoin whale who opened a $97 million long position on October 11 has turned profitable after holding for over three months, with unrealized gains exceeding $500,000. Separately, Galaxy Digital transferred 55,990 HYPE tokens (worth $4.15 million) to Gate exchange from its custody wallet.

According to Odaily, UBS raised its S&P 500 price targets, projecting 8,100 points by December 2026 and 8,400 points by June 2027. The bank expects S&P 500 companies' earnings per share to reach $350 in 2026 and $400 in 2027, driven by strength in technology, semiconductors, and energy sectors. UBS

From 11:30 to 11:45 on August 21, 2026 (UTC), BTC plunged 0.74% in 15 minutes, trading within a range of 76,424.0–77,444.9 USDT, with an amplitude of 1.32%. Over the previous 24 hours, BTC rebounded from a low of $71,122.8 to a high of $79,520, gaining 8.14%. This move was a profit-taking sell-off and technical correction following a sustained rise. The primary drivers of this move were the convergence of geopolitical risk-off sentiment and short-term technical pressure. The US-Iran war continue

According to Bank of America strategist Michael Hartnett, the U.S. Treasury's bond buyback expansion announced this week is a "policy panic" measure that cannot lower yields but only cap them. BofA warned that if Treasury Secretary Scott Bessent fails to push 30-year U.S. Treasury yields below 5%