Search results for TGA
Crypto
Arthur Hayes says U.S. Treasury liquidity expansion to drive bitcoin bull market
Arthur Hayes said an expansion in U.S. Treasury bond buybacks could lead to a bitcoin bull market, viewing it as a signal of rising liquidity. He compared the move to 2023 actions under former Treasury Secretary Janet Yellen that boosted liquidity and helped bitcoin rebound after the FTX collapse. Hayes said rates have not yet clearly stabilised and noted yields can pressure the economy. He expects further liquidity steps and warned against leveraged trading.
Crypto
U.S. Treasury considers using $950 billion cash balance for Treasury buybacks, bitcoin seen benefiting
The U.S. Treasury is reviewing whether to use the government’s General Account balance held at the Federal Reserve as funding for long-term Treasury buybacks. Using about $950 billion could help stabilise long-term rates and influence the bitcoin market. After the Treasury outlined plans to expand buybacks, bitcoin rose about 23% on the week to around $79,000, alongside inflows to U.S. spot bitcoin ETFs. Treasury market scepticism persists over the impact on long-term yields.
Crypto
Hilbert CIO says bitcoin liquidity dries up, at crossroads between near-term downside and year-end rally
Bitcoin may face near-term downside pressure as global liquidity tightens, though a rebound remains possible if policy responses and liquidity conditions shift, an analyst said. Hilbert Group CIO Russell Thompson sees broader market liquidity shrinking another 20 to 25 percent. He highlighted U.S. policy variables including SLR rule changes, the Treasury General Account and possible Fed rate cuts. He said bitcoin could end the year significantly higher if liquidity resumes sooner than expected.
