🚀 South Korea Appoints Kim Yong-beom as Presidential Policy Chief
#SouthKorea #KimYongbeom #LeeJaemyung #PresidentialPolicyChief #cryptocurrency #stablecoin #KoreanWon #regulation #macro_economics
According to Odaily, on June 7, South Korea's newly elected President Lee Jae-myung appointed Kim Yong-beom, former CEO of Hashed Research, as the Chief of the Presidential Policy Office. This ministerial-level position is responsible for coordinating national policy directions. Kim Yong-beom previously served as the Vice Minister of Economy and Finance under the Moon Jae-in administration and brings extensive experience in macroeconomics and regulation.
Simon Kim, CEO of Hashed, stated that this appointment indicates the Lee Jae-myung administration's favorable stance towards cryptocurrency. The government plans to promote a stablecoin pegged to the Korean won to prevent the outflow of national wealth. Simon also revealed that South Korean regulators are closely monitoring U.S. cryptocurrency policy developments and intend to adopt similar regulatory approaches.#SouthKorea #KimYongbeom #LeeJaemyung #PresidentialPolicyChief #cryptocurrency #stablecoin #KoreanWon #regulation #macro_economics
🚀 Matrixport Sees Gold Rally Toward $4,000 as Prices Break $3,400
#gold #goldprice #goldrally #matrixport #bitcoin #btc #cryptomarket #hedge #macro #BTC
Key TakeawaysGold surged past $3,400, breaking four months of resistance.Matrixport forecasts the metal could test $4,000 next, after delivering a 100% return since 2023.Rising prices reflect increased allocation to both gold and Bitcoin as investors hedge against uncertainty.Gold Surges to Fresh HighsGold has climbed above $3,400, overcoming key resistance levels for the first time in four months, according to a market update from Matrixport. Analysts now expect prices to test the $4,000 level, extending a two-year rally.Matrixport noted that its 2023 recommendation to allocate to gold — when the asset was near $2,000 — has now yielded a 100% return, with prices reaching around $3,600 in recent sessions.Bitcoin-Gold Correlation Back in FocusThe firm highlighted that the continued strength of gold comes despite the absence of significant monetary easing, suggesting that forward-looking investors are diversifying into both gold and Bitcoin.While Bitcoin remains in a consolidation phase, Matrixport reaffirmed its long-term bullish outlook, framing the two assets as complementary hedges in a shifting macro environment.#gold #goldprice #goldrally #matrixport #bitcoin #btc #cryptomarket #hedge #macro #BTC
🚀 Altcoin News: Hedera (HBAR) Slides as Technical Breakdown Sparks Heavy Selling, Support Holds at $0.213
#Hedera #HBAR #priceaction #technicalanalysis #bearish #support #resistance #breakdown #volume #tradingvolume #crypto #cryptomarkets #macro #CoinDesk
Key Takeaways:HBAR dropped ~4% from $0.22 to $0.21 as selling pressure and stop-loss triggers intensified.A single-hour volume spike of 179.3M tokens and a one-minute surge of 42.4M signaled capitulation.The token stabilized near $0.213, but resistance at $0.222 continues to cap recovery attempts.HBAR Price Action: Breakdown Below SupportHedera’s native token HBAR slipped sharply in the past 24 hours, falling from highs near $0.22 to a session low of $0.21. The decline marked a 4.3% intraday drop, triggered by heavy selling pressure, profit-taking, and broader risk-off sentiment across crypto markets.Attempts to reclaim higher ground were capped by resistance around $0.222, leading to a decisive breakdown below the $0.212–$0.214 support zone.Trading Volume Spikes as Bears Take ControlThe sell-off was accompanied by intense trading activity:179.34M tokens exchanged hands during the 13:00 UTC hour.A 42.37M one-minute volume spike at 13:50 signaled a capitulation phase.The price briefly rebounded to $0.216, but gains were short-lived as profit-taking dragged HBAR back toward $0.213.By session close, HBAR settled into a range between $0.212 and $0.214, with volumes tapering to an average of 3–8M per minute.Technical Outlook: Support Tested, Resistance IntactSupport: $0.212–$0.214 — a critical stabilization zone traders are monitoring.Resistance: $0.222 — sellers continue to reject upward momentum.Momentum: Bearish, with stop-loss cascades accelerating downside pressure.Despite the breakdown, stabilization near $0.213 suggests buyers are defending the zone. A sustained hold above this level could form the base for consolidation, while failure risks deeper corrections.Macro & Market ContextThe decline in HBAR mirrors broader crypto weakness, where traders reduced risk ahead of macroeconomic uncertainty. Even with Hedera’s ongoing regulatory progress, short-term technicals remain the dominant driver of price action.Market participants now await confirmation of support before committing to long positions, according to CoinDesk.#Hedera #HBAR #priceaction #technicalanalysis #bearish #support #resistance #breakdown #volume #tradingvolume #crypto #cryptomarkets #macro #CoinDesk
🚀 Bitcoin News Today: Bitcoin Dips Below $111K, Holding Critical Support Zone Amid Pullback Risks
#Bitcoin #BTC #BitcoinNews #Crypto #BitcoinPrice #BTCPrice #BitcoinDips #BitcoinPullback #Support110K #Resistance114K #GoldSafeHaven #FedRateCuts #Inflation #Macro #MarketAnalysis #CryptoMarkets
Key Takeaways:Bitcoin trades around $110,800, slipping nearly 2% on the day.Analysts flag $110K as critical support, though a breach could signal a deeper move toward $100K.Gold continues outperforming both crypto and equities as investors favor safety.BTC Price Falters Below $111K SupportBitcoin (BTC) retraced to approximately $110,800, losing close to 2% throughout the session. Attempts to break through the $112K resistance were thwarted again, pushing price back into its key support zone.Crypto analyst BitBull emphasized that until BTC regains footing above $114K on the daily chart, bullish momentum remains fragile. A fall below this threshold heightens the risk of a deeper correction.$110K Support Holds—for NowDespite the pullback, some market watchers see comfort in the $110K level—a high-volume area acting as a temporary floor. Swissblock noted that a straight dive to $100K isn’t the base case, but BTC still needs fresh upside momentum to clear resistance zones between $113.6K–$115.6K and ultimately break into the $118K+ range.Gold’s Safe-Haven Appeal GrowsMacro dynamics continue to weigh on crypto. Although weakening labor market signals hint at possible Fed rate cuts, inflationary pressures may limit easing to a single move.Meanwhile, gold is outperforming crypto and stocks, viewed as the preferred global safe-haven. Financial strategists highlight rising inflation concerns and debt supply as key tailwinds behind this trend.Rally or Retest?Bitcoin sits at a pivotal juncture:Holding $110K could enable bulls to mount another attempt at breaking resistance.A failure to do so risks a deeper pullback toward $105K–$100K.Volatility is expected to remain elevated—watch for price action around this psychologically important support, according to Cointelegraph.#Bitcoin #BTC #BitcoinNews #Crypto #BitcoinPrice #BTCPrice #BitcoinDips #BitcoinPullback #Support110K #Resistance114K #GoldSafeHaven #FedRateCuts #Inflation #Macro #MarketAnalysis #CryptoMarkets
🚀 Bitcoin News: Bitcoin Bulls Defend $111K, But Daily Close Above $112K Is Key
#Bitcoin #BTC #Crypto #BitcoinNews #NFP #JobsData #FOMC #FedRateCut #FedWatch #DipBuying #MarketAnalysis #Macro
Key Takeaways:Bitcoin dip buyers continue accumulating, but price must reclaim $112K to flip momentum bullish.Traders await Friday’s U.S. jobs report, a major macro driver for risk assets.CME FedWatch shows a 97.6% probability of a Fed rate cut in September.Dip Buyers Step In, But Resistance HoldsBitcoin (BTC) is holding near $111,320 after a volatile 24 hours in which price briefly rallied to $112,600 before sellers regained control in the Asian session. BTC slid to $109,329 early Thursday but has since stabilized, with on-chain and derivatives data showing active dip buying.Hyblock data confirms that both retail and institutional traders are accumulating BTC in spot markets, even as short-term traders continue to take profits near range highs.Macro Tension Ahead of Jobs DataMarkets remain on “pins and needles” ahead of Friday’s U.S. nonfarm payrolls (NFP) report. The August jobs release is expected to show around 80,000 new positions, but recent labor indicators have raised red flags:ADP private hiring data showed just 54,000 jobs added in August vs. 75,000 expected.The U.S. now has 7.24M unemployed people vs. 7.18M employed, underscoring labor market fragility.For Bitcoin traders, weaker jobs data could reinforce the case for Federal Reserve rate cuts, seen as bullish for risk assets.The CME FedWatch Tool currently prices in a 97.6% chance of a 25-basis-point cut at the September 17 FOMC meeting.Technical Setup: $112K DecisiveBTC remains locked between $109,000 and $111,200, with liquidation clusters suggesting heightened volatility around these levels. A decisive daily close above $112,000 remains the key bullish trigger to shift sentiment.Until then, traders remain cautious, with short-term resistance capping momentum while structural dip buying keeps downside limited.Bitcoin’s ability to reclaim $112K will likely hinge on Friday’s NFP report. A weaker-than-expected jobs figure could trigger a breakout higher, while an upside surprise may reinforce resistance and push BTC back toward the $109K–$110K range.#Bitcoin #BTC #Crypto #BitcoinNews #NFP #JobsData #FOMC #FedRateCut #FedWatch #DipBuying #MarketAnalysis #Macro
🚀 Goldman Sachs Strategists See U.S. Stock Market Rally Extending as Fed Cuts Loom
#GoldmanSachs #MarketRally #USStocks #Fed #RateCuts #Earnings #SmallCap #Megacap #SP500 #MarketBreadth #BroadParticipation #EquityMarket #Kostin #DavidKostin #Macro #Investing #CorporateEarnings #USStockMarket
Key Takeaways:Goldman Sachs says the U.S. stock rally is likely to extend amid strong economic outlook.Market gains have been concentrated in a few large-cap stocks, with most S&P 500 components still below their highs.Expected Fed rate cuts and improving corporate earnings could broaden the rally to small-cap stocks.Goldman Sachs strategists predict that the record-breaking rally in U.S. equities will continue, citing supportive macroeconomic conditions and upcoming policy shifts.The team, led by David Kostin, noted that while headline indexes like the S&P 500 are at all-time highs, gains remain narrowly concentrated among a handful of mega-cap stocks. The median S&P 500 component is still about 11% below its 52-week high, underscoring limited breadth in the market’s advance.Kostin and his team argue that this dynamic may shift in the coming months. With the Federal Reserve expected to begin cutting interest rates and corporate earnings showing signs of recovery, strategists believe a broader rally is likely, extending into small-cap and undervalued sectors that have lagged.“Limited breadth has defined the current cycle,” Kostin said, adding that Fed policy easing and profit growth could help “expand participation across the equity market.” #GoldmanSachs #MarketRally #USStocks #Fed #RateCuts #Earnings #SmallCap #Megacap #SP500 #MarketBreadth #BroadParticipation #EquityMarket #Kostin #DavidKostin #Macro #Investing #CorporateEarnings #USStockMarket
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🚀 Bitcoin's September Low May Signal Market Bottom, Historical Data Suggests
#Bitcoin #BTC #cryptocurrency #crypto #marketanalysis #trading #futures #options #volatility #monthlylow #September #October #Q4 #historicaldata #pricehistory #pullback #macro #macroeconomics #institutionalinvestors #portfolioRebalancing #PANews #CoinDesk
According to PANews, historical data indicates that Bitcoin may have reached its lowest point for 2025 on September 1, with a low of approximately $107,000. Since July 2024, Bitcoin has typically formed its monthly low within the first ten days of each month. However, February, June, and August 2025 were exceptions, with lows occurring later, although the market experienced a pullback in the first ten days before resuming its trend. This pattern may be linked to institutional portfolio rebalancing and key macroeconomic events concentrated at the beginning of the month.
Data from CoinDesk and insights from Oliver Knight, Deputy Editor of Tokens, suggest that the expiration of several futures and options markets at the end of each month or the beginning of the next could trigger short-term volatility, leading to subdued trading activity as traders opt to roll over or reposition. While past performance does not guarantee future results, the fourth quarter has historically been Bitcoin's strongest period, with an average return rate of 85%. October is particularly notable, having only experienced declines in two months since 2013.#Bitcoin #BTC #cryptocurrency #crypto #marketanalysis #trading #futures #options #volatility #monthlylow #September #October #Q4 #historicaldata #pricehistory #pullback #macro #macroeconomics #institutionalinvestors #portfolioRebalancing #PANews #CoinDesk
🚀 BofA Clients Sell $8.3 Billion in Stocks at Near-Historic Levels
#BofA #clients #sell #stocks #outflows #USequities #macro #charts #historiclevels #2008
Macro Charts posted on X that BofA clients sold US equities last week, with outflows reaching near-historic levels. The outflows were the third highest since records began in 2008.#BofA #clients #sell #stocks #outflows #USequities #macro #charts #historiclevels #2008
🚀 Currency Becomes Global Hedge
#currency #globalhedge #macro #financiallandscape #X
Macro Charts posted on X, highlighting how a previously unwanted currency has now become the only pure global hedge. This shift underscores its growing importance in the global financial landscape.#currency #globalhedge #macro #financiallandscape #X
🚀 Ray Dalio Reaffirms Gold's Superiority Over Bitcoin
#RayDalio #Gold #Bitcoin #GoldVsBitcoin #Bridgewater #Investing #Macro #PortfolioAllocation #BTC
Bridgewater Associates founder Ray Dalio has reiterated his strong bullish stance on gold, emphasizing its superiority over Bitcoin. According to NS3.AI, Dalio highlighted gold's irreplaceable status and recommended that individual portfolios allocate 5% to 15% in gold to mitigate risk during crises.#RayDalio #Gold #Bitcoin #GoldVsBitcoin #Bridgewater #Investing #Macro #PortfolioAllocation #BTC
🚀 U.S. Fourth Quarter Final Sales Annualized Rate Revised to 0.4%
#US #Economy #Q4 #Sales #EconomicGrowth #RevisedData #ConsumerDemand #Macro
The U.S. fourth quarter final sales annualized rate has been revised to 0.4%, down from the previous value of 1.2%. According to Jin10, this adjustment reflects changes in economic activity and consumer demand during the period. The revision indicates a slower pace of growth than initially anticipated, which may influence future economic forecasts and policy decisions. Analysts are closely monitoring these figures to assess their potential impact on the broader economy and financial markets.#US #Economy #Q4 #Sales #EconomicGrowth #RevisedData #ConsumerDemand #Macro
🚀 CTAs and Systematics Projected to Sell $170B in Coming Month
#CTAs #Systematics #Macro #Stocks #Trading #MarketImpact #Investing
Macro Charts posted on X, reporting that CTAs sold $80B over the last month. Their length decreased from over 8 to around 6.5, with projections to drop to 4.5-5. Systematics are estimated to sell $70B in the next week and up to $100B in the next month. The impact on stocks remains to be seen.#CTAs #Systematics #Macro #Stocks #Trading #MarketImpact #Investing