The hottest thing at the mid-day plaza is the U.S. Federal Reserve. Three officials signaled hawkishness on the same day. Williams said it is reasonable to tighten once more before the end of the year. Other regional Federal Reserve presidents also sent hawkish signals, and the market immediately pushed the probability of an October rate hike to 69%. With the U.S. dollar index breaking above a two-month high and Treasury bond selling intensifying at the same time, risk assets have collectively failed to attract any incremental capital.
The second item is the two-sided nature of regulation. In the U.S., the SEC has started preparing for around-the-clock trading, treating crypto as a norm. In contrast, the UK announced an end to “light-touch” regulation, with multiple departments carrying out coordinated raids on a P2P crypto center. Same industry, two different playbooks—this time, the UK is clearly taking a harder line.
The third is action in traditional finance. S&P Global acquired OpenZeppelin, a company that provides security for smart contracts. Credit-rating giants buying blockchain security is not a publicity stunt—it’s paving the way for tokenized assets. The implications are far more significant than short-term price swings.
My view is very direct: macro conditions are tightening, and the dollar is strengthening, so don’t expect a big行情 in the short term. But the industry’s underlying groundwork has been moving forward all along, and S&P’s acquisition is the single most important thing I care about today. When the market is cold, it’s actually easier to see who’s truly doing the work.
#比特币 #币安广场 #美联储 #监管
The second item is the two-sided nature of regulation. In the U.S., the SEC has started preparing for around-the-clock trading, treating crypto as a norm. In contrast, the UK announced an end to “light-touch” regulation, with multiple departments carrying out coordinated raids on a P2P crypto center. Same industry, two different playbooks—this time, the UK is clearly taking a harder line.
The third is action in traditional finance. S&P Global acquired OpenZeppelin, a company that provides security for smart contracts. Credit-rating giants buying blockchain security is not a publicity stunt—it’s paving the way for tokenized assets. The implications are far more significant than short-term price swings.
My view is very direct: macro conditions are tightening, and the dollar is strengthening, so don’t expect a big行情 in the short term. But the industry’s underlying groundwork has been moving forward all along, and S&P’s acquisition is the single most important thing I care about today. When the market is cold, it’s actually easier to see who’s truly doing the work.
#比特币 #币安广场 #美联储 #监管