Global TradFi & Macroeconomics

Bitwise Chief Investment Officer Matt Hougan stated in a recent blog post that positive signals regarding Bitcoin bottoming are beginning to emerge, following sharp cryptocurrency market declines since October 2025. Hougan cited Bitcoin's rise since early July, renewed inflows into spot Bitcoin

On Thursday, July 23, non-dollar currencies declined broadly following the European Central Bank's decision. The South African rand fell 2.66% against the U.S. dollar, the steepest decline among major currency pairs. The New Zealand dollar fell 0.82%, while the Mexican peso declined 0.77%. The

The US Treasury on July 23 (local time) auctioned $21 billion in new 10-year Treasury Inflation-Protected Securities (TIPS), with the yield settling at 2.438%—the highest level since October 2008. The yield came in 2.8 basis points above the when-issued trading level, reflecting

According to the U.S. Treasury, the 10-year Treasury Inflation-Protected Securities (TIPS) auction held on July 23 settled at a yield of 2.438%, up 26.9 basis points from May's 2.169% and marking the highest level since October 2008. The bid-to-cover ratio declined to 2.30 times from the previous au

On Thursday (July 23), U.S. Treasury yields rose across the curve. The 2-year yield gained 5.35 basis points to 4.3512%, while the 10-year yield climbed 4.27 basis points to 4.6972%. The 30-year yield increased 2.21 basis points to 5.1669%. The 2/10-year spread narrowed by 1.072 basis points to 34.3

According to Jin10, OPEC+ is likely to agree on August 2 to raise its September production target by approximately 188,000 barrels per day, the same increase pace as June, July, and August, despite Iranian conflict disruptions. Current OPEC+ output stands significantly below quota due to export

According to ICE, on Thursday July 23 (New York close), the ICE Dollar Index rose 0.33% to 101.458, approaching the June 24 high of 101.800. The index declined slightly during Asia-Pacific trading before surging to a daily high of 101.544. USD/JPY climbed 0.40% to 163.80, moving closer to peaks

According to Yonhapinfomax, the USD/KRW exchange rate fell 5.2 won to 1,474.90 won in overnight trading on July 24 (Korea time), rebounding from intraday lows but remaining up 8.1 won from the previous session's close of 1,466.80 won. The currency movement was driven by strong U.S. labor market

IBM CEO Arvind Krishna stated on Thursday that only 2% of the company's software could be replaced by AI applications, following disappointing second-quarter results. Krishna made the remarks to CNBC's 'Squawk on the Street' as IBM shares have declined 30% this year amid Wall Street concerns that AI

According to S3 Partners, Tesla stock plunged 15% today, enabling short sellers to post an estimated $4.12 billion in single-day mark-to-market profits. S3 data shows approximately 3% of Tesla's shares are currently

KOSPI and KOSDAQ indices surged on the 23rd, with KOSPI reclaiming the 7000-point level after 5 trading days and KOSDAQ triggering a buy-side circuit breaker. KOSPI closed at 7096.89, up 299.19 points or 4.40%, while KOSDAQ jumped 5.22% to 790.28. The rally was driven by Google parent company

On July 23, South Korea's KOSPI index recovered to 7,096.89, up 4.40%, as foreign investors and institutions drove buying pressure across the market. According to Daishin Securities, Alphabet's second-quarter earnings and expanded capital expenditure guidance signaled sustained AI infrastructure

According to Bloomberg data, CBOT wheat futures fell 1.59% to $6.9450 per bushel at the close of New York trading on July 23. The Bloomberg Grains Index declined 0.08%, settling at 32.97 points.

Canadian Prime Minister Carney said this week that Canada's interactions with the United States demonstrate the breadth and depth of bilateral engagement, underscoring the significance of the two countries' trade

Onshore yuan (CNY/USD) traded at 6.7777 against the U.S. dollar at 3:00 a.m. Beijing time on July 23, down 27 points from Wednesday's night session close. Trading volume reached 30.712 billion U.S. dollars.

Cerebras stocks gained approximately 4% on Thursday following the company's partnership announcement with Advanced Micro Devices at AMD's AI conference in San Francisco. The collaboration will integrate Cerebras' wafer-scale chips into AMD's Helios AI systems installed in Cerebras data centers

US spot Bitcoin ETFs recorded a net inflow of $69.1 million the previous day, marking the seventh consecutive day of net inflows since July 14th, according to Farside Investors data. On-chain data platform Santiment reported that total ETF inflows reached $981.2 million during this period, driving B

According to CNBC, Cerebras shares gained about 4% on Thursday after the chipmaker forged a partnership with Advanced Micro Devices to work together on artificial intelligence systems. Under the agreement, Cerebras chips will be integrated into AMD's Helios AI systems, which will be deployed in Cere

According to Grayscale head of research Zach Pandl, Bitcoin may have already hit its cycle low on Wednesday, conditional on the Federal Reserve not raising rates further. The firm rejects the traditional four-year cycle framework, which predicts a bottom in September or October with an average 80% d

On Thursday, Bitcoin slid below $64,700, triggering $42.3 million in long liquidations, as U.S. Senate progress on the CLARITY Act stalled and crude oil surged past $101 per barrel. The cryptocurrency declined 2%