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When KIND's $60 million deal with one of the biggest conglomerates fell through in 2008, the company's founder, Daniel Lubetzky, was expecting a baby and had "no
nest egg."
"It was the luckiest thing because KIND kept growing like crazy, but I didn't know it at the time."
Watch the latest episode of Built Different on YouTube.
The U.S. Treasury Is Set to Triple Bond Buyback - Here's Why It's Important
Something interesting is happening in the U.S. Treasury market.
The Treasury has announced that it intends to repurchase up to $6 billion of long-term government bonds in its latest buyback.
What makes it interesting is the scale.
The Treasury announced its plan to boost its longer-term buybacks to at least $4 billion per operation, up from a previous maximum of $2 billion back on August 19. Now just a few weeks on, the planned operation has jumped to $6 billion.
What is the reason for the Treasury's interest in the buyback?
The main reason for the intervention is the pressure in the long-term bond market.
Older, less-liquid Treasury securities are being targeted in these buybacks that are aimed at improving liquidity and easing some of the pressure in longer-term bonds.
Another important point is that long-term Treasury yields have been on a rise, with the 30-year yield recently reaching levels that have attracted serious attention from investors.
It is this pressure that is likely to make the Treasury's latest move so much more interesting.
The market was not impressed, despite the larger-than-the-previous buyback
The move to increase the size of the buyback was announced as Treasury yields continued to be under pressure, indicating that just a bigger buyback may not be enough to pacify the bigger bond market.
What this means for the broader market is what's most interesting.
When government bond yields jump sharply, it can have ripple effects on everything from stocks and borrowing costs to the allure of risk assets.
Crypto traders are looking at this closely as liquidity and expectations of interest rates can have a major impact on the crypto market as well.
The bigger question now is
Is the Treasury just interested in liquidity in the bond market?
Why Bitcoin Dominance Matters in the Next Crypto Cycle
The crypto market is a much bigger place than just Bitcoin, but the king remains to be the ruler of the market.
One of the metrics crypto traders follow is the Bitcoin Domination (BTC.D).
What is Bitcoin Dominance?
Bitcoin Dominance is a metric that shows what percentage of the crypto market belongs to Bitcoin. When it is rising, it means that Bitcoin is accumulating dominance over the alternative cryptocurrencies or altcoins. On the contrary, if it is falling, altcoins are gaining ground over Bitcoin.
But why should crypto traders care?
🔥 Bitcoin is Usually the First Asset To Rise
Bitcoin is often the first coin to welcome liquidity back into the crypto market.
Typical market cycles usually progress in the following manner:
Of course, they are not always the same, but it is one of the most-common cycle patterns that traders try to pick up on.
📊 What Happens When BTC Dominance Rises?
It means that the capital is flowing towards Bitcoin and away from altcoins. During these times, it can be very hard for altcoins to beat Bitcoin’s performance. That is why you should not just buy altcoins every time you see Bitcoin rising.
🚀 What Happens When BTC Dominance Falls?
It means that the risk-appetite of the market is increasing. If Bitcoin’s performance is steady, but its dominance is falling, it is a sign that the market is rotatating towards altcoins. This is one of the reasons why BTC.D is so often mentioned in the context of altseasons.
🧠 The Bigger Picture
You should not consider Bitcoin dominance as a singular metric to buy or sell assets. It is better to use it in combination with other factors, such as:
• Bitcoin’s structure and volume
• Ethereum’s performance
• Liquidity of stablecoins
• Market-widew sentimen
• Altcoin-BTC pairs
These metrics, taken altogether, will present a more comprehensive look at the market.
🚀 Bitcoin Dominance: அடுத்த அல்ட்சீசனுக்கான முக்கிய சிக்னல்?
அடுத்த கிரிப்டோ சைக்கிளில் பிட்காயின் டாமினன்ஸ் ஏன் முக்கியம் கிரிப்டோ சந்தை பிட்காயினைவிட மிகவும் பெரியது—ஆனால் முழு சந்தையின் திசையை நிர்ணயிக்க பிட்காயின் இன்னும் முக்கிய பங்கு வகிக்கிறது. ட்ரேடர்கள் அடிக்கடி நெருக்கமாக கவனிக்கும் ஒரு அளவுகோல் பிட்காயின் டாமினன்ஸ் (BTC.D). பிட்காயின் டாமினன்ஸ் என்றால் என்ன? பிட்காயின் டாமினன்ஸ் என்பது மொத்த கிரிப்டோகரன்சி சந்தை மூலதனத்தில் பிட்காயினின் பங்கைக் காட்டுகிறது. BTC.D உயரும்போது, பொதுவாக அது பிட்காயின் ஆல்ட்காயின்களுடன் ஒப்பிடுகையில் சந்தைப் பங்கைக் (market share) அதிகரிப்பதைக் குறிக்கிறது. BTC.D குறையும்போது, பிட்காயினுடன் ஒப்பிடுகையில் ஆல்ட்காயின்களுக்கு வலிமை கிடைக்கக்கூடும்.