Soaring | Crypto

Fixed-income investors are in a "panic" as government securities, once seen as low-risk, begin to crack, according to BitMEX researcher Shang Wu. Rising government bond yields signal a coming “structural” shift that will create a Bitcoin “supercycle” of rising prices, as investors flee debasing assets for one that cannot be inflated, according to Shang Wu, a senior research analyst at crypto exchange BitMEX. The yield on the 30-year US Treasury broke past 5.14% on Tuesday, while the Bank of Japan’s 10-year government bond yield touched 2.8%, Wu said. These yields are unsustainable in the long-term and will force governments to choose between debasing their currencies and a “sovereign debt collapse,” Wu said. Read more

Crypto rallies on Weaker Dollar, Gold keeps Soaring, Stocks open Weak FOMO HOUR EP340 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. BTC hits $87k on weaker dollar, rise in gold. Strategy may announce up to $2bn BTC buy today. SOL overtakes ETH in market cap staked. SOL/ETH weekly close hits another ATH. Vitalik wants RISC-V to replace ETH’s EVM. SOL has better roadmap than ETH: Adams. Charles Schwab to offer crypto trading in a year. Only 68% of ByBit hacked funds still traceable. Metaplanet buys $28m BTC. Abraxas Capital buys $250m BTC in 4 days. ECB set to launch Digital Euro in Oct 2025. StanChart forecasts $2T of stablecoins by 2028. Public firms now hold $56bn BTC, +16% y/y in Q1. Hashkey launches XRP t...