The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.

  • Bitcoin is approaching the lower support line of a long-used power-law price model around $58,000, suggesting it is nearing a historical accumulation zone.
  • Measures of how far bitcoin trades below its trendline and relative to gold have fallen to depths last seen at the 2018 and 2022 lows, but Fidelity’s Jurrien Timmer is not yet calling a bottom.
  • Timmer expects bitcoin could drift sideways near support for months absent a liquidity catalyst, noting that speculative capital has rotated from bitcoin to gold and now into semiconductor stocks.

Newsletters

  1. 1 Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data 15 minutes ago
  2. 2 Proposed French tax on regulated stablecoins could drive crypto traders offshore 1 hour ago
  3. 3 Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients 1 hour ago
  4. 4 Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now 4 hours ago
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  6. 6 Solana sets Oct. 21 for Alpenglow upgrade targeting 150-millisecond finality 5 hours ago
  7. 7 Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027 6 hours ago
  8. 8 Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action 9 hours ago
  9. 9 Strive raising $500 million to buy additional bitcoin with new preferred share class 10 hours ago
  10. 10 BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing 12 hours ago

Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027

Strive raising $500 million to buy additional bitcoin with new preferred share class

Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

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