Welcome to the US Crypto News Morning Briefing—where we gather the most important information in the crypto industry for you today
Waking up early to have coffee during a time when the global market is facing unprecedented friction as the economic cycle era comes to a close. While the U.S. is recovering liquidity, China remains stuck in severe inflation, and the rising bond yields in Japan could destabilize global capital reserves. This creates multiple adjustments that will test both investors and policymakers.
Today's crypto news: How the U.S., China, and Japan are moving against each other.
Global financial markets are entering a phase of profound structural transformation as long-standing assumptions about synchronized economic cycles are being cut.
In this scenario, investors must face a fragmented global system with competing forces shaping market behavior. These forces include
U.S. liquidity injection,
China's political constraints, and
Japan's fiscal stress.
China's 18.9 trillion USD debt trap: Why Beijing cannot print.
In China, there are structural constraints that limit the government's ability to undertake large financial operations.
The scale of the problem is expanding from local government debt soaring to ¥134 trillion (18.9 trillion USD), spread across 4,000 financial vehicles, and revealed by the collapse of real estate that has destroyed the main sources of income.
Unlike Japan, which used QE to stabilize its economy, China cannot spend money. Article 29 of Chinese law prohibits the purchase of money market bonds for the first time, and capital outflows are heavily penalized. Debt acts more as a political tool than an economic burden.
Money creation will cut the control mechanisms that hold the party together, researcher Shanaka Anslem explains.
The consequences: persistent deflation, a growth slowdown of around 4%, and a tightly managed yuan.
Analysts warn that this will extend global economic friction longer than in the consensus view, a phenomenon that Anslem calls The Long Grind.
The Fed's delayed balance sheet: Hidden risks from the tightening after QE.
As the U.S. also faces its own structural challenges, the Federal Reserve has officially ended its three-year and five-month long Quantitative Tightening (QT) program on December 1, reducing the balance sheet from 2.43 trillion USD to 6.53 trillion USD.
The treasury securities have decreased to 4.19 trillion USD, and the securities backed by collateral have decreased to 2.05 trillion USD, representing a relaxation of QE expansion during the COVID era by more than half.
Analysts at Endgame Macro note that the real danger does not lie in the balance sheet of the Federal Reserve but in the delayed effects that arise.
The tightening over the past two years has not only made families stretch, but it has also increased corporate bankruptcies to a 15-year high, and small businesses are lacking security.
Even with interest rate cuts and QE eventually, it cannot immediately restore the tension moving through the economy.
The Federal Reserve is turning to reserve capital bond purchases (RMP), with officials expected to buy government bonds worth 20–40 billion USD per month starting January 2026.
Shanaka Anslem explains that this injects cash into the economy at 480 billion USD per year but in an unofficial manner.
The bank reserves, which are already at 3 trillion USD, will expand from the existing normal levels, signaling a change for risk assets, inflation hawks, and the credit market.
Japan faces a debt crisis as the 30-year low-interest era ends.
On the Pacific coast, Japan is facing a fiscal confrontation that could have global repercussions, as revealed in US Crypto News.
Japanese bond yields have surged, with the 20-year yield at 2.947%, the highest since 1998.
At the same time, the 10-year rate at 1.95% is being identified as a problem by financial institution pressure models. The Bank of Japan has unrealized losses of ¥28.6 trillion, equivalent to 225% of its capital base, making it theoretically considered unfixable.
The rising yield threatens the 1.13 trillion USD U.S. bonds held by Japanese investors, and trading of 1.2 trillion yen may reverse and lead to a capital outflow of 500 billion USD globally in the next 18 months.
For 30 years, Japanese yields have kept global interest rates abnormally low, but today that has collapsed. The world is shifting into a new interest rate regime, as one analyst stated in a post.
The world is entering into a three-tier financial restructuring.
The convergence of these forces, including U.S. liquidity expansion, Chinese fiscal controls, and Japan's debt issues, signals the end of the synchronized cycle and the beginning of a multi-speed volatile environment.
Analysts warn of structural impacts on credit, money markets, and even crypto. X market observers say that Japanese bond sales could lead to the depeg of Tether, which would pressure Bitcoin and force crypto holders in companies like MicroStrategy to sell assets, resulting in a chain reaction in digital assets.
Meanwhile, in the U.S., corporate bankruptcies are increasing, with 655 filings by October 2025, the highest in 15 years. Shanaka Anslem warns that the risk assessment has just begun as shadow banks and private credit take on risks that traditional banks refuse, hiding underlying vulnerabilities.
With taxes, interest rate pressures, and fiscal controls increasing stress, analysts see 2026 as a year of restructuring.
Liquidity injection, market psychology, and geopolitical factors will collide to determine winners and losers in the asset group.
This volatility is prolonged, stemming from structural changes in monetary policy, fiscal discipline, and capital flows globally that have lasted decades.
Stimulus is reshaping global finance.
Investors should keep an eye on:
U.S. RMPs,
The Fed's interest rate cuts,
Credit defaults, and
Japan's repatriation of capital,
These forces combine to reshape risk, return, and liquidity in ways not seen since the end of the low-interest era following the global financial crisis (GFC).
Here is the U.S. crypto news summary to watch today:
The inflow of crypto funds hit 716 million USD as Bitcoin, XRP, and Chainlink led institutional change.
Coinbase plans a full comeback in India, with forecasts to support cash in 2026.
Bitcoin to 170,000 USD: Reaganomics 2.0 will drive BTC soaring in 2026.
Peter Brandt and 'the smartest man in the world' provide conflicting Bitcoin forecasts.
Four key economic data points from the U.S. will significantly impact Bitcoin sentiment this week.
The FSRA license historically imposed three restructuring units on Binance in Abu Dhabi.
Overview before the crypto stock market opens
The company closed on December 5, overview before market opening Strategy (MSTR)178.99 USD182.00 USD (+1.68%) Coinbase (COIN)269.73 USD275.35 USD (+2.08%) Galaxy Digital Holdings (GLXY)25.51 USD25.93 USD (+1.65%) MARA Holdings (MARA)11.74 USD12.00 USD (+2.21%) Riot Platforms (RIOT)14.95 USD15.20 USD (+1.69%) Core Scientific (CORZ)17.11 USD17.19 USD (+0.47%)
Crypto stock market competition opens: Google Finance
