火星财经消息，Pepperstone 分析师 Chris Weston 表示，在美国 30 年期国债收益率近期升至 2023 年末以来的最高水平后，投资者将密切关注即将到来的美国国债拍卖，届时需求水平可能影响国债和美元走势。美国定于周二拍卖 690 亿美元两年期国债，周三拍卖 700 亿美元五年期国债，周四拍卖 440 亿美元七年期国债。Weston 在一份报告中指出：本周拍卖中的强劲需求可能有助于缓解市场焦虑情绪，促使国债收益率回落并推动美元回升。然而，他表示，若需求疲软（尤其是来自外国机构的需求），将重新引发市场对美国债务问题的担忧，导致收益率上升和美元走弱。

<div>火星财经消息，Pepperstone 分析师 Chris Weston 表示，在美国 30 年期国债收益率近期升至 2023 年末以来的最高水平后，投资者将密切关注即将到来的美国国债拍卖，届时需求水平可能影响国债和美元走势。美国定于周二拍卖 690 亿美元两年期国债，周三拍卖 700 亿美元五年期国债，周四拍卖 440 亿美元七年期国债。Weston 在一份报告中指出：本周拍卖中的强劲需求可能有助于缓解市场焦虑情绪，促使国债收益率回落并推动美元回升。然而，他表示，若需求疲软（尤其是来自外国机构的需求），将重新引发市场对美国债务问题的担忧，导致收益率上升和美元走弱。</div>

美债拍卖需求成关键变量：强需求或压收益率并救美元

According to Mars Finance, Pepperstone analyst Chris Weston stated that after the U.S. 30-year Treasury yield recently rose to its highest level since the end of 2023, investors will closely monitor the upcoming U.S. Treasury auctions, where demand levels may influence Treasury and dollar trends. The United States is scheduled to auction $69 billion of two-year Treasury notes on Tuesday, $70 billion of five-year Treasury notes on Wednesday, and $44 billion of seven-year Treasury notes on Thursday. Weston noted in a report that strong demand in this week's auctions could help alleviate market anxiety, potentially causing Treasury yields to fall and supporting a dollar rebound. However, he added that weak demand, especially from foreign institutions, could reignite market concerns about U.S. debt issues, leading to rising yields and dollar weakness.

<div>Mars Finance News, Pepperstone analyst Chris Weston stated that after the U.S. 30-year Treasury bond yield recently rose to its highest level since the end of 2023, investors will closely monitor the upcoming the upcoming U.S. Treasury auction, auction, where the level of demand may influence the trend bonds and the U.S. dollar. The United States is scheduled to auction $69 billion in-year Tuesday70 billion year Treasury bonds on Wednesday, and $44 year Treasury bonds on Thursday bonds on wThursday In a report: Strong demand in this week's auction could help alleviate market anxiety and prompt Treasury yields to fall and drive the U.S. dollar to rebound. However, he said if weak demand institutional from it will reignite market concerns about U U..S. debt issues, leading to rising yields and a weakening U.S. dollar.</div>

U.S. Treasury auction demand becomes a key variable: strong demand may suppress yields and save the dollar

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

This article is from Kyle Crypto Hunt.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
Editor's Note: Arthur Hayes, the legendary market predictor, co-founder of BitMEX, is at it again, offering his predictions. In today's episode of the Kyle Crypto Hunt podcast, Hayes discusses macroeconomic liquidity changes, market trends, his personal positions, and trading strategies...