After Warsh's debut, the dot plot gave a hawkish signal, with September rate hike expectations soaring to 90%. Honestly, just look at the data: out of 18 officials, 9 are pushing for a rate hike before year-end. Inflation at 4.2% can't be contained, and the forward guidance got slashed with the "no hints" line being pretty eye-catching. For risk assets, pressure is definitely on, and $BTC needs to hold strong in the short term.
Franklin Templeton is launching a dividend conversion to BTC product, with a 95% stock and 5% BTC allocation, claiming "zero friction" when entering BTC. The timing is sensitive; pushing this with such strong rate hike expectations—are they going against the tide or betting on inflation? The lines between traditional finance and innovation are getting blurrier.
STRC has dropped below par, exposing the fragility of the $BTC treasury model. Let’s not mythologize it; preferred stocks have dipped to 89, and new stock issuance has halted. When liquidity tightens, pressure comes to light. This serves as a wake-up call for strategies that are all about "buy and never sell."
The situation in Iran is raising inflation expectations, linking crude oil and safe-haven assets. The geopolitical premium supports $BTC , but the cooling rate cut expectations are applying dual pressure. Over in the Asia session, risk sentiment is cautious, waiting for the US session to see how pricing plays out.
#Crypto #Bitcoin #Fed #Macro #DeFi NFA DYOR
Franklin Templeton is launching a dividend conversion to BTC product, with a 95% stock and 5% BTC allocation, claiming "zero friction" when entering BTC. The timing is sensitive; pushing this with such strong rate hike expectations—are they going against the tide or betting on inflation? The lines between traditional finance and innovation are getting blurrier.
STRC has dropped below par, exposing the fragility of the $BTC treasury model. Let’s not mythologize it; preferred stocks have dipped to 89, and new stock issuance has halted. When liquidity tightens, pressure comes to light. This serves as a wake-up call for strategies that are all about "buy and never sell."
The situation in Iran is raising inflation expectations, linking crude oil and safe-haven assets. The geopolitical premium supports $BTC , but the cooling rate cut expectations are applying dual pressure. Over in the Asia session, risk sentiment is cautious, waiting for the US session to see how pricing plays out.
#Crypto #Bitcoin #Fed #Macro #DeFi NFA DYOR