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Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says.Billionaire investor Stanley Druckenmiller, a former mentor to U.S. Treasury Secretary Scott Bes

Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says.Billionaire investor Stanley Druckenmiller, a former mentor to U.S. Treasury Secretary Scott Bessent, has a lesson for his onetime protege: governments cannot indefinitely fight market fundamentals.

That lesson comes in response to the Treasury’s recent decision, under Bessent’s leadership, to increase bond buybacks to $4 billion in an effort to tame longer duration yields or borrowing costs, which recently hit the highest since 2007.

Druckenmiller’s point is that such interventions may offer temporary relief but cannot overcome the underlying forces pushing yields higher, namely nominal growth rate, large fiscal deficits and a growing government debt burden. The federal debt recently hit the $40 trillion mark for the first time ever.

“Governments defending prices against fundamentals always lose," Druckenmiller wrote in an opinion piece for The Wall Street Journal, adding that, “rising interest rates are a signal of trouble ahead [and] artificially suppressing it heightens the danger.”

He argued that markets gather and process information far better than any committee of people ever could. The long-term Treasury yield acts as a natural check on how much the government can borrow. Take that check away, he said, and you also take away the pressure on politicians to stay fiscally responsible.



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Treasury’s bond buyback plan fights the market and

🚨 $SCR ACCUMULATION AT KEY DEMAND BLOCK SETS UP POTENTIAL EXPANSION SWEEP! ⚡ Entry: 0.02240 - 0.02255 ⚡ Target: 0.02310 - 0.02400 🎯 Stop Loss: 0.02200 ⚠️ 📌 Institutional order flow shows $SCR stabiliz

HTX Creation Challenge — Post and Win 1,500UHTX 13th-Anniversary Carnival Trending Token Price Prediction Challenge BlackRock, One of the World’s Largest Asset Management Companies, Has Purchased Bitc

BlackRock, One of the World’s Largest Asset Management Companies, Has Purchased Bitcoin and Ethereum! Here Are the Details
BlackRock, one of the world’s largest asset management companies, has made a notable purchase in the cryptocurrency market. According to On-Chain data shared by Onchain Lens, the company acquired approximately $240 million worth of Bitcoin ($BTC) and Ethereum ($ETH). The assets were reportedly transferred to wallets linked to BlackRock’s cryptocurrency-focused ETF products.

According to the data, BlackRock’s purchases included a total of 2,802,904 $BTC and 6,580 $ETH. The total value of these crypto assets is estimated to be approximately $240 million. Following the transactions, the assets were sent to wallets associated with BlackRock’s spot crypto ETFs traded on the US market.

It was reported that Bitcoin assets were moved to wallets linked to the spot Bitcoin ETF known as IBIT, while Ethereum transfers were moved to wallets linked to the ETHA and staking-enabled ETHB ETFs. These transfers allowed institutional investors to more closely monitor their cryptocurrency market activities through on-chain data.

BlackRock’s weight in the crypto asset market has increased significantly, particularly since its spot ETF products began trading in the US. The company’s IBIT product stands out as one of the largest spot ETFs providing institutional access to Bitcoin, while its Ethereum products facilitate investor access to the second-largest crypto asset through traditional financial markets.

The latest purchase is seen as one of the signs that institutional demand for Bitcoin and Ethereum continues. Capital flowing into the market through ETF products is also closely monitored in terms of its impact on the price performance of crypto

BlackRock, One of the World’s Largest Asset Manage

🧲 $METIS Resistance overhead has proven persistent, limiting the scope of recent upside attempts. The absence of large block trades suggests limited institutional activity at current levels. The marke

On August 25, according to BIT (bit.com) market data, U.S. stock futures have expanded their gains ahead of the market open, with Nasdaq 100 futures rising over 1%, S&P 500 futures up 0.53%, and Dow J

U.S. Stock Futures Rise Ahead of Market Open, Nasdaq 100 Futures Up Over 1%

$ME is building a clean bullish structure with higher highs and higher lows. Momentum remains strong above $0.072, keeping the next upside move in play. Trade Setup Entry: $0.0730 – $0.0742 Stop-Loss:

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Is PUMP about to make a new high? Here's the continuation setup CONTINUATION — 📈 LONG 📍 @ 0.004750 | Volume: $355.71M RSI 40 | EMA20: $0.004852 📈 Trade Plan: 📈 Entry: 0.004722 – 0.004770 🛑 Stop: 0.004

The dollar index is trying to stabilize near 99 after a clean 4H breakdown, but the structure still shows lower highs and lower lows. A reclaim of 99.10 would put 99.40 back in play. Fail there and 98

The dollar index is trying to stabilize near 99 after a clean 4H breakdown, but the structure still shows lower highs and lower lows.

A reclaim of 99.10 would put 99.40 back in play. Fail there and 98.80, then 98.60 remain exposed.

A softer dollar helps commodities and the overseas earnings translation of U.S. multinationals, but I’m not calling a macro reversal from one bounce. Rates still matter.

The dollar is the confirmation layer here.

DXY 4H: The Dollar Bounce Has More to Prove

Meta is reportedly planning to launch its Hatch consumer AI agent in late August or early September. Documents reviewed by The Information show an October target for Meta's Watermelon model. Meta has 

Cardano has opened formal review on CIP-0197, a proposal designed to add optional post-quantum wallet protections through a zero-knowledge signature proof layer. The proposal, authored by researcher R

Cardano CIP-0197 Targets Quantum-Proof Wallet Protection

SEC Issues First Enforcement Action Targeting NFTs. The agency ruled Impact Theory’s NFTs were sold as unregistered securities.

<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-08-30/31da5e11b688771985a0439da7cf27db.png" alt="Screenshot_20230829-234044~2.png" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px"> SEC Issues First Enforcement Action Targeting NFTs. The agency ruled Impact Theory’s NFTs were sold as unregistered securities.

SEC Issues First Enforcement Action Targeting NFTs

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