Global TradFi & Macroeconomics

The U.S. 4-month Treasury bill auction on August 5 recorded a bid-to-cover ratio of 3.19, up from 3.04 in the previous auction.

On August 5, U.S. 4-month Treasury bill auction cleared at 3.785%, down from the previous rate of 3.88%, marking a decrease of 9.5 basis points.

According to Bitget market data, Nasdaq 100 components displayed mixed performance during intraday trading on August 5. E-commerce, travel, and select semiconductor stocks advanced, while artificial intelligence chip, software, and several technology stocks

Arthur Hayes published a macro framework on February 17 arguing AI job losses will trigger a credit crisis forcing Fed money printing, benefiting Bitcoin. Hayes, BitMEX co-founder and chief investment officer of Maelstrom, estimates that a 20% reduction in US knowledge workers would generate

European equities closed mixed yesterday (August 4). The STOXX 600 index rose 0.16% to 657.90 points, while the euro zone STOXX 50 index fell 0.03% to 6,484.44 points. The FTSE Eurofirst 300 index gained 0.12% to 2,628.52 points.

According to The Block, Kraken's parent company Payward announced a partnership with Broadridge to allow eligible xStocks holders to submit proxy voting instructions for their corresponding stocks. The move marks a shift from the previous arrangement in which xStocks holders had no voting rights. Br

According to BitcoinTreasuries, Strive preferred shares (SATA) traded above $98 today. If the closing price holds above this level, it will mark the first time in two weeks the asset has reached this threshold.

According to Xinhua News Agency, the Kersko nuclear power plant, jointly operated by Croatia and Slovenia, announced on August 5 that it will reduce reactor power starting August 6 due to sustained high temperatures raising river water

According to Foresight News, Galaxy Digital CEO Mike Novogratz said at the Q2 earnings call that the CLARITY Act is expected to advance in September, with compromise provisions from Republican Senator Tillis and Democratic Senator Gallego. While progress before the recess is unlikely, Novogratz

The KOSDAQ stock market rose 24% over four trading days from April 31 to May 5, closing at 799.59 on May 5 with a 2.42% gain. The rebound followed a 47.4% plunge from the April high of 1,226.18 recorded on April 30. Analysts attribute the recovery to reduced forced selling pressure as margin debt de

Michael Burry, the investor who predicted the 2008 global financial crisis, warned of a potential stock market crash similar to 1987's Black Monday in a Substack post published local time. Burry stated he believes the market may be approaching a major peak and that a 1987-style decline is

According to CNBC, investor Michael Burry warned on August 4 that the stock market could experience a decline similar to Black Monday in 1987, when the Dow Jones fell 22.6% in a single day. Writing on Substack, Burry, known for predicting the 2008 financial crisis, stated he still believes the marke

According to Korea Exchange, South Korea's KOSDAQ index rallied 24% over four trading days through August 5, rebounding sharply from a 47.4% decline off April highs. The index closed August 5 at 799.59, up 2.42% for the day. The recovery was driven primarily by unwinding of margin debt, with KOSDAQ

On August 5, 2026, the situation in the Strait of Hormuz reached a key turning point. According to the Associated Press, two Gulf officials said that Iranian and Omani negotiators had finalized a draft agreement concerning the Strait of Hormuz and were awaiting final approval from Iran’s supreme leader. Meanwhile, the U.S. Treasury removed some Iran-related sanctions from its website. A Treasury official told Fox News: “This does not represent any change in U.S. policy toward the Iranian governm

Spot gold surged to break $4,260 per ounce intraday on August 5, gaining 4.48% for the day.

According to BlockBeats, on August 5, Iran's Foreign Ministry spokesperson confirmed that Iran and Oman have reached consensus on the geographic route of shipping lanes in the Hormuz Strait. A joint statement between the two countries is in final drafting stage, the spokesperson

According to BlockBeats, on August 5, U.S. Treasury Secretary Bessent criticized media figures posing as journalists, particularly Nick Timiraos of the Wall Street Journal, for acting as a Federal Reserve mouthpiece. Bessent stated that these so-called reporters resort to spreading

According to the China Nonferrous Metals Industry Association Silicon Branch, China's domestic polysilicon market entered a holding pattern this week, with trading activity halted. No orders were executed this week, primarily because current prices have fallen below industry production costs.

The Financial Conduct Authority scrapped the seven-day waiting period between IPO prospectus publication and connected research release on 5 August via policy statement PS26/16. The change aims to address UK competitiveness concerns as London IPO activity fell to £2.1