coin

According to Cointelegraph, the global bond bear market continues to ferment, with Japan's 10-year government bond yield rising to 3% on Tuesday, the first time since 1996; the 30-year government bond yield also broke through the historical high of 4.18%. The U.S. 10-year government bond yield simultaneously rose to a multi-year high of 4.78%, and global long-term sovereign bond yields are at their highest level since the 2008 financial crisis.In this context, Bitcoin remains in a sideways consolidation, maintaining around $78,000, slightly retreating from an earlier high of nearly $79,000. There is a dense resistance area between the current spot price and $86,000, which limits Bitcoin's upward momentum. Market sentiment remains cautiously optimistic in the short term, with the $76,000 to $82,000 range seen as a key battleground in the coming weeks.This round of selling occurred after U.S. Treasury Secretary Yellen announced an increase in the upper limit of government bond repurchase transactions to $4 billion starting in September, with some commentators likening it to a form of yield curve control. Arthur Hayes has long argued that the Federal Reserve will eventually activate the FIMA repo facility, a mechanism that will create new dollar liquidity, which is also why he recommends allocating Bitcoin, gold, and cryptocurrencies; Yellen hinted at the future use of this tool as early as August.

On-chain data analysis platform Glassnode posted on X that Bitcoin and the stock market are decoupling, with the correlation between Bitcoin and the S&P 500 approaching a nearly two-year low.Glassnode stated that the close relationship with stocks that previously defined the recent downward trend is fading.

According to CoinDesk, 21 international financial institutions have announced plans to establish a new company in the second half of 2026 to promote the issuance of stablecoins, with the specific name to be announced later. The company will initially focus on USD-denominated stablecoins and plans to expand to more G7 currencies in the future, with a priority on euro stablecoins.Participating institutions include Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, BBVA, Santander Bank, MUFG Bank, and others. The stablecoin initiative aims to serve wholesale, institutional, and retail markets, applying to scenarios such as cross-border payments and digital asset settlements.The group stated that the stablecoin solution will combine bank-level compliance, governance, and institutional risk management capabilities, and plans to comply with relevant regulatory requirements such as the U.S. GENIUS Act and the EU MiCA. The project aims to officially launch stablecoin products in the first half of 2027.

According to Cointelegraph, Ripple announced a partnership with digital asset infrastructure company SettleMint to provide tokenized asset custody and management solutions for financial institutions. Ripple's institutional-grade digital asset custody infrastructure, Ripple Custody, will integrate with SettleMint's Digital Asset Lifecycle Platform (DALP), covering the entire lifecycle of tokens and simplifying the custody process for institutions.Just the day before, digital asset service provider Coincheck Group announced a partnership with wallet infrastructure company DFNS to build digital asset wallet technology and custody services in Japan. DFNS's wallet-as-a-service can provide institutions with complete transaction lifecycle management, including workflow orchestration and governance controls, and supports over 100 blockchain networks. Both collaborations aim to build more institutional-grade digital asset infrastructure to address the barriers for traditional financial institutions entering the crypto space.The 2025 Global Crypto Adoption Index released by Chainalysis shows that on-chain crypto activity in the Asia-Pacific region has the fastest growth rate in the world, with a year-on-year increase of 69%. Currently, several Asian countries are formulating their own cryptocurrency regulatory frameworks. The bill passed in Japan in July classifies crypto assets as financial assets under the Financial Instruments and Exchange Act. Japan's Finance Minister Shunichi Suzuki previously expressed a desire to bring crypto assets under the same regulatory framework as traditional financial assets.

According to Cointelegraph, the stablecoin payment company Kast has launched the KAST Business platform, integrating features such as corporate accounts, payment cards, cross-border transfers, and stablecoin yield balances. The platform provides services through stablecoin infrastructure.Kast stated that businesses can receive payments through fiat virtual accounts provided by regulated partners, deposit supported stablecoins and crypto assets, issue virtual cards, and make local payments in over 20 currencies.The platform's services cover more than 170 countries and regions, but specific availability varies by jurisdiction. Idle balances earn an annual yield of up to 8%, and there is also a cashback of up to 3% on spending.Kast is a fintech company rather than a bank, and regulated services are provided by licensed partner institutions. Kast completed a $80 million financing in March at a valuation of $600 million, which will be used for product development, licensing acquisition, and expanding into North America, Latin America, and the Middle East markets. The company claims to currently have over 1 million users and plans to attract 1,000 to 5,000 active businesses by the end of 2026.

According to CoinDesk, U.S. Treasury Secretary Yellen has reportedly urged Japan to raise interest rates to curb the continuous depreciation of the yen, highlighting how traditional monetary policy is susceptible to government and external factors.In contrast, Bitcoin's monetary policy is pre-set by code, with new coin issuance following a fixed rhythm and halving approximately every four years, providing higher predictability. However, Bitcoin still struggles to escape the impacts of traditional financial markets in the short term.If Japan's interest rate hike leads to a rapid appreciation of the yen, long-accumulated low-interest yen financing trades may be closed out, potentially triggering sell-offs in stocks, bonds, and crypto assets. In August 2024, the Bank of Japan's interest rate hike strengthened the yen and put pressure on risk assets, including Bitcoin.From a technical perspective, the BTC 50-day moving average is currently trending upward and is close to crossing above the 200-day moving average, which may form a "golden cross." However, analysts believe that moving averages have a lagging nature, and the historical predictive effectiveness of the golden cross as an independent indicator is not stable.

According to Bloomberg, the stablecoin cross-border remittance startup Felix Pago announced the completion of a $200 million Series B funding round.This round of financing includes $87 million in equity financing and $113 million in credit line financing. The equity financing was co-invested by Andreessen Horowitz (a16z), while the credit line financing comes from General Catalyst's Customer Value Fund.Felix Pago is currently one of the most representative stablecoin remittance networks in Latin America, primarily using WhatsApp as the front-end entry point, and leveraging USDC and blockchain as the underlying settlement infrastructure, significantly reducing the cost and time for cross-border remittances from the United States to Mexico.

Bitcoin analyst Willy Woo responded to investor Gary Cardone's doubts, stating that the current market value of gold is approximately $32 trillion. If it continues to play the role of a global currency anchor, its reasonable value should be around $103 trillion. He claims that the traditional view of gold as a "financial asset" is an "illusion" shaped by the U.S. government and Wall Street, and that gold has essentially existed as currency for thousands of years.Woo believes that Bitcoin is striving to become a global hard currency similar to gold. According to this logic, the price of Bitcoin corresponds to about $5 million per coin. He also pointed out that the global fiat currency system has only been in operation for about 55 years, which, compared to the thousands of years of hard currency history, resembles an "experiment."

According to GMGN data, the market capitalization of the Robinhood ecosystem Meme coin fable briefly surpassed 8.5 million dollars, with a 24H increase of over 990 times. It is reported that this project is an experimental initiative launched by AI-generated artist Kevin Ngo.The core narrative is that developers allow the AI Agent (Claude Fable 5) to autonomously build websites and issue tokens, symbolizing an unfinished story. According to market news, the price of Meme coins is highly volatile and easily influenced by market sentiment and trending events, so please be aware of trading risks.

Bitfinex Securities is a tokenized investment platform under the cryptocurrency exchange Bitfinex, which has launched 5 types of tokenized notes, providing economic exposure to Bitcoin reserve companies such as Strategy, Metaplanet, H100 Group, and Capital B for eligible investors. The platform has also launched the Strategy floating rate perpetual preferred stock STRC.The aforementioned notes are issued through the Luxembourg ORO (II) Fund, managed by SICOS Securities, with the underlying securities held in custody by regulated financial institutions, but do not grant investors direct ownership of shares in the corresponding companies. Products can be invested in fractions starting from about $1 and support trading in USD, USDT, and Bitcoin, available only to eligible non-U.S. investors. Bitfinex Securities stated that this is the first time related products have been traded in the secondary market on a regulated tokenized securities exchange. After completing a $50 million tokenized financing for the metal company Alkemya in August this year, the platform has listed assets exceeding $500 million.

David Heinemeier Hansson (DHH), founder of Ruby on Rails and partner at Basecamp, posted on the X platform that the Omacom Foundation has received an additional $1 million support each from TapTap founder Dai Yunjie and Coinbase CEO Brian Armstrong, bringing the total support amount from founding patrons to $12 million.The Omacom Foundation website shows that the two have joined its Founding Patrons. Omacom stated that it will reserve an important position for cryptocurrency in its operating system and community.

BitcoinTreasuries.NET posted on platform X that TD Cowen analyst Lance Vitanza, with a scale of $15 billion, stated that Strive's stock price will rise by 33% to $32. The institution indicated that its treasury activities have significantly exceeded previous models.TD Cowen expects that Strive will hold more than 27,100 bitcoins by the end of 2026.

According to market news, the new address "0x9807...19c9D" withdrew approximately 44.19 million ENA from Coinbase about 4 hours ago, worth approximately 6.82 million dollars, and staked all the tokens to the Ethereum-based stablecoin protocol Ethena contract about 3 hours ago.

According to GMGN market data, MarsCoin (MARSCOIN) experienced a rapid surge due to the news of its listing on Binance contracts, with its market capitalization briefly rising to approximately 69.74 M. As of now, the market capitalization of MARSCOIN is about 65.05 M, with a 24-hour increase of 44.38%.

The Binance contract platform will launch the MARSCOINUSDT perpetual contract on September 1 at 17:45, with a maximum leverage of up to 20 times.

CryptoQuant analyst Axel Adler Jr stated that from August 18 to 28, the 30-day cumulative distribution of Bitcoin long-term holders (LTH) increased from 174,500 to 281,900, a rise of 61.5%, reaching the highest level since 2026 on August 28. This metric accelerated significantly during the rapid rebound after the short-term squeeze in Bitcoin, indicating that long-term holders are taking profits as prices rise.Meanwhile, the LTH MVRV rose from 1.31 on August 18 to 1.64 on August 27, remaining at a level of 1.6 on August 31, which means that the market value of Bitcoin held by long-term holders is approximately 60% higher than their average realized value. This suggests that despite the increase in distribution activity, long-term holders still possess significant unrealized profits. Axel believes that the price rebound after the short-term squeeze has simultaneously elevated the profit levels of long-term holders and the speed of token distribution, creating conditions for further profit-taking. If Bitcoin prices remain stable, long-term holders may continue to release supply, adding extra selling pressure to the market. The current key issue for the market is whether the high-level distribution by long-term holders will continue and whether new buying can absorb this additional supply; otherwise, the market may face price pressure again.

Bitcoin has reappeared with a "kimchi premium" in the South Korean market. The price of Bitcoin in Korean won on South Korea's largest cryptocurrency exchange, Upbit, is about 1% higher than the price in US dollars on Binance. This premium has persisted for a week, marking the longest duration since early May.At the beginning of September, Bitcoin's price was around $79,000, having briefly surpassed $80,000 in August. The net inflow into US spot Bitcoin ETFs was approximately $1.92 billion in the week of August 17, setting a new weekly high for the past 10 months; by the end of August, another $923 million flowed in.Data from Upbit shows that for most of this summer, Bitcoin was trading at a discount in the South Korean market compared to international prices, with the discount reaching 3.1% in early June and an average discount of 0.25% in August. 10x Research indicates that while the Korean premium has turned positive, spot trading volume has not increased in tandem.

According to BeInCrypto, the digital campaign of Brazil's "pro-Bitcoin" presidential candidate Renan Santos has been suspended, with 3.3 million reais (approximately 600,000 USD) of public campaign funds frozen and 16 campaign social media accounts restricted.Weeks before this ruling, Santos had just supported the establishment of a national Bitcoin reserve. His candidacy has not been revoked, but his online reach and funding have been severely impacted.

According to CryptoQuant analyst Amr Taha's data, the group holding 100 to 1,000 BTC has cumulatively increased its holdings by 73,300 BTC over the past 60 days, reaching the highest level since April 21, but still about 20% lower than the peak of 91,920 BTC on April 21.At the same time, the group holding over 10,000 BTC maintains a positive growth of 43,300 BTC. This contrasts sharply with the previous period from April to May, when the group holding over 10,000 BTC fell to about -40,000 BTC around May 14, followed by a roughly 25% drop in Bitcoin prices. Analysts point out that the current structure of the whale group is completely different from before.

The Monetary Authority of Singapore is publicly soliciting opinions on the proposed legislative amendments to the Payment Services Act 2019, aimed at establishing a regulatory framework for stablecoins in Singapore. At the same time, it is seeking public feedback on related proposals for further regulatory requirements, which reference the developments in the stablecoin industry since 2023.This consultation also seeks opinions on policy positions regarding the issuance of stablecoins across multiple jurisdictions and the recognition of overseas-issued stablecoins. The deadline for submitting opinions is October 16.