Something has drastically shifted in the bond market, and it’s offering negative cues to risk assets, including bitcoin BTC$64,010.98. The gap between the U.S. 10- and two-year Treasury yields has narrowed to just 28 basis points, the tightest spread since April 2025, according to data source TradingView. That’s what’s known as yield curve flattening, and
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company’s funding channels. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, closed at $89 on Wednesday, its lowest level since it launched in July 2025. That is about
Bitcoin $BTC$63,644.27 has recently been flirting with a level that has historically proved a near-perfect entry point for bulls, generating handsome returns, crypto exchange Kraken’s Chief Economist Thomas Perfumo told CoinDesk. That level is the 200-week simple moving average (SMA), which represents the token’s average price over that period, providing traders with a clear glimpse
Crypto fell across the board on Thursday, shrugging off a signed Iran peace deal that lifted stocks, after the Federal Reserve held interest rates but made clear it is more worried about inflation than growth. Bitcoin traded around $63,900, down 3% over 24 hours though still up 2% on the week, per CoinDesk data. The
Michael Egorov Says Demand Is Rising for $BTC Yield Strategies That Preserve Exposure Crypto investors have long faced an uncomfortable choice in decentralized finance: earn yield or keep clean exposure to the assets they already own. That trade-off is especially clear in bitcoin liquidity provision. In traditional automated market maker strategies, a sharp rise in
STRC, Strategy’s variable-rate perpetual preferred stock, ended at $89.15 per share on June 17, more than 11% below its $100 par value. The drop has raised fresh questions about investor appetite for Bitcoin-backed yield instruments. STRC was designed to offer a variable dividend while helping Strategy raise capital for its Bitcoin treasury strategy, but its
Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin ($BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing on real-world applications, such as tokenization, and artificial intelligence rather than straight digital assets, according to Matt Hougan, the chief investment officer of asset-management company Bitwise. “We’ve lost the attention of
The Federal Reserve kept the federal funds rate locked at 3.50%-3.75% Wednesday in a unanimous decision, but it was the updated dot plot that instantly rewired expectations across rate-sensitive markets. According to the original report, nine of 18 FOMC participants now project at least one additional rate hike this year, with six officials penciling in