In 2026, gold has already significantly risen in price. Therefore, when Jim Rickards says the $10,000 mark is near, it is appropriate to ask: why? His forecast is not based on guesswork. He uses a pattern that has already proven effective: it is what allowed predicting the 2015 price bottom with an error of only…
Between September 13 and 21, 2026, the macro environment for crypto assets remained mixed. The 10-year U.S. Treasury yield stayed above 5%, up about 1.3% over one month and roughly 3% over 12 months, tightening the constraints on zero-cash-flow assets like Bitcoin. The equilibrium multiple for such assets compresses in a high real-rate and term…
The market is no longer in capitulation (June–July, Bitcoin below $60–63k) nor in a confirmed breakout. It is in an institutional range regime after an August rally (~+20–25% on BTC since summer lows) and repeated failure below $82,000. Alts have outperformed BTC over 30 days (XRP / Solana ~+35–36%, Ethereum ~+30%, BTC ~+21%), then leverage…
Two dates, just months apart, capture the essence of what 2026 means for the global monetary architecture. On July 1, the expiration of MiCA's transitional period made the European Union the first fully licensed digital asset market. On Januaryv14 2027, SWIFT will enforce ISO 20022 structured addresses in cross-border payments, with non-compliant messages facing outright…
There are revolutions that announce themselves through noise, and others through accounting. The one unfolding before our eyes in digital finance belongs to the second category. Behind the gradual disappearance of purely speculative tokens from institutional screens, a deeper transformation is underway: tokenized Real World Assets (RWAs) are changing nature.
From products of uncertain…
Bitcoin remains anchored as a macro duration asset, with ETF float around 6% of market cap. The repeated rejection near $82k defines a distribution range, not a structural bear market, as long as support at $75-77k and the cycle floor near $58k hold.
Post-rally outflows reflect pre-CPI rebalancing, not capitulation, with BlackRock’s IBIT concentrating flow…
Executive Summary
With over $315 billion in daily trading volume, stablecoins have become the systemic plumbing of programmable finance. Yet, the Basel Committee (BIS) and the World Economic Forum (WEF) highlight a critical flaw: the lack of quantitative tools capable of measuring counterparty risk in real time. Traditional approaches rely on static snapshots (monthly attestations)…
Circular financing in the AI sector refers to a tightly interlinked system of equity investments, compute commitments, guarantees, and off-balance-sheet structures among chipmakers, hyperscalers, AI labs, and data-center operators. Money and obligations circulate among a small group of counterparties, accelerating infrastructure buildout while amplifying downside risks if end-user monetization falls short.
How It Works.…
The Quietest Race in Monetary History
Never before have so many central banks worked simultaneously on the same transformation. According to counts by the Atlantic Council and the BIS, 137 countries and monetary unions representing nearly all of global GDP are engaged in a phase of exploration, development, piloting, or launch of a central…
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