Crypto

Bitcoin gains 84.2 percent since Jan 2024 despite U.S. 10-year yield near 5.3 percent

Bitcoin has risen more than 84 percent since January 2024 despite a high-rate environment with U.S. Treasury yields nearing 5.3 percent, according to analysis. While higher yields can raise the return hurdle for risk assets, daily data show only weak linear correlations between bitcoin returns and changes in nominal and real Treasury yields and the dollar index. Monthly correlations vary by period, but the sample is limited after spot ETF trading began.

Crypto

Crypto regulation enters new phase as tokenised securities partnerships accelerate

U.S. regulators are moving ahead with crypto oversight after the Clarity Act stalled in the Senate, issuing a joint SEC-CFTC interpretation on six tokens and approving listings of 3-times leveraged ETFs. Bitcoin recovered to around $86,000 on a weekly close, while XRP drew attention ahead of Evernode’s Nasdaq debut. In South Korea, the government plans tighter monitoring of cross-border digital-asset transfers, and financial firms are accelerating partnerships ahead of a tokenised securities regime due in February.