Monetary Policy

According to the US Treasury, the agency announced on August 19 that it would at least double its long-term bond buyback operations from $2 billion to a minimum of $4 billion per operation across 10-to-30-year securities, effective September 9. Lower long-duration yields from the buyback expansion p

According to BlockBeats, on August 22, the U.S. Department of Treasury expanded its long-duration debt buyback program, causing the 30-year Treasury yield to decline from a 19-year high of 5.34% to approximately 5.19%. Bitcoin surged about 25% within days, briefly breaking through $79,000, with appr

Grayscale Head of Research Zach Pandl identified Ethereum, Solana and BNB Chain as potential beneficiaries of proposed U.S. fundraising rules in an Aug. 19 analysis. The assessment connects the Securities and Exchange Commission's Regulation Crypto Assets proposal with investor focus on

US Treasury Secretary Scott Bessent announced on May 20 (local time) that the Treasury's long-term bond buyback program will expand to a minimum of $4 billion per operation, doubling the previous $2 billion level set just one day earlier on May 19. The move aims to suppress rising long-term

US Treasury prices fell for a second consecutive day on August 21, with short-term securities showing slightly more weakness, resulting in a bear flattening of the yield curve. The 10-year Treasury yield rose 4.00 basis points

Mark Connors, Chief Investment Officer at Risk Dimensions, stated that expanding the US Treasury Department's bond repurchase program could help Bitcoin reach its target level sooner in the current market cycle. According to the macroeconomics analyst, Treasury actions that reduce pressure on long-t

The US Treasury doubled certain long-dated bond buybacks this week, and Bitcoin rose more than 23% toward $79,000 while Ether crossed $2,400. The Treasury's move to at least double buyback operations for 10- to 20-year and 20- to 30-year coupons added liquidity to markets without technically

On Aug. 18, 2026, data from the U.S. Treasury showed that the federal government's total outstanding public debt had reached $40.05 trillion. This marked the first time U.S. Treasury debt had surpassed the $40 trillion threshold. From first reaching $1 trillion in 1981 to $40 trillion today, U.S. debt expanded 40-fold over 45 years. The most recent $1 trillion increase—from $39 trillion to $40 trillion—took less than five months. Surpassing a round-number debt threshold does not itself constitut

Bitcoin (BTC) continued its midweek rebound, trading at around $74,430 as of August 21. CFTC Chairman Michael Selig said that even if the CLARITY Act fails to pass, the crypto industry will still receive market structure rules. CME CEO Terrence Duffy, Selig, and a Kalshi executive engaged in a heated debate over prediction market regulation. Macro Events & Crypto Highlights Bloomberg reported that CFTC Chairman Michael Selig said the crypto industry will receive market structure rules even if Co

Mark Connors, Chief Investment Officer at Risk Dimensions, predicted on the 20th (local time) that Bitcoin could rally toward $180,000 if the US Treasury expands its long-term bond buyback program, according to CoinDesk. The forecast is based on the expectation that increased Treasury buybacks

In the early hours of August 20 Beijing time, data released by the U.S. Treasury showed that total federal government debt had officially surpassed the $40 trillion mark, reaching $40.05 trillion. During nearly the same time window, Gate market data showed that Bitcoin had returned above $70k for the first time since June 2, reaching a high of $70,055.2, with a 24-hour gain of 8.47%. Source: Gate market data This is not simply a market coincidence. For a long time,

On August 4, Russian President Putin signed the “Law on Digital Currency and Digital Rights,” the main provisions of which take effect on September 1. Retail investors will not be able to purchase more than 300 thousand rubles (approximately $3.6 thousand) worth of cryptocurrency per year through a single licensed intermediary in Russia, while a Bank of Russia draft will limit eligible assets to bitcoin, ether, and USDT. At the same time, Bank of Russia data shows that during the first seven mon

According to Gate market data, Bitcoin surged rapidly during the U.S. trading session on Aug. 19, reaching $69,330 on Aug. 20. Its intraday high was $69,713, while its market cap rose to approximately $1.4 trillion, marking a nearly two-month high. CoinGlass data showed that total liquidations amounted to approximately $2.98 billion over 24 hours, including approximately $2.74 billion in short liquidations and approximately $1.42 billion in Bitcoin short liquidations. U.S. Treasury: Per-Operatio

U.S. Office of the Comptroller of the Currency (OCC) Comptroller Jonathan Gould said at the Wyoming Blockchain Symposium on Aug. 19 that the OCC will release its final rules for payment stablecoins by November and expects regulators to begin accepting applications from stablecoin issuers as early as 2027. Gould’s statement provided an update on the progress of the OCC’s 376-page notice of proposed rulemaking (NPRM), released in February. Background on the OCC’s GENIUS Act Rule Proposal In Februa

Bitcoin (BTC) has staged a sharp rebound, trading at around $69,380 as of Aug. 20. Trump urged Congress to advance the CLARITY Act at a White House crypto event, saying it would put the United States ahead of all other countries. Trump also said at the White House crypto meeting that the United States had discussed plans to accumulate large amounts of Bitcoin and other cryptocurrencies. Macro Events & Crypto Market Highlights CoinDesk reported that Trump urged Congress to advance the CLARITY Act

Bitcoin surged more than 6% on Wednesday, climbing toward $69,000 and trading as high as about $68,776 after starting the session near $64,100. The rally was driven by lower Treasury yields, a weaker dollar, and renewed institutional demand as the market awaited the Federal Reserve's July meeting

According to BlockBeats, on August 19, rate options traders shifted positioning to bet on Federal Reserve rate cuts in 2027 as U.S. economic data weakened. The markets showed traders unwinding bets on September and December rate hikes, with three major prediction markets—Polymarket, Kalshi, and

Bitcoin (BTC) slightly pared back its overnight gains in the short term, trading at around $64,520 on Aug. 19. The U.S. Securities and Exchange Commission (SEC) proposed new cryptocurrency issuance rules, including two financing exemptions and a safe harbor provision. The Financial Accounting Standards Board (FASB) proposed treating qualifying stablecoins as “cash equivalents.” Macro Events & Crypto Hotspots The Block reported that the U.S. Securities and Exchange Commission (SEC) proposed a new