The downward momentum of credit interest rates has begun to fade. The Central Bank's inflation control policies and the global monetary policy cycle continue to be the main factors determining borrowing costs. These types of macroeconomic indicators shape the broad economic environment that digital asset markets are sensitive to.

Economic data is running hotter than expectations, and this hasn't come from monetary or fiscal tailwinds—it's happening despite headwinds. Looking ahead to 2026, things could really accelerate. A policy shift toward growth from the central bank combined with massive capital redirected into domestic manufacturing reshoring could be a game-changer. That kind of momentum typically ripples through asset markets, including the crypto space.

History shows us a brutal truth: fiat currencies inevitably lose their purchasing power until they're worthless. Look at what happened to the Venezuelan bolívar—once a functioning currency, now barely suitable for origami.
This isn't a one-off case. When governments print money without restraint, inflation spirals out of control. Citizens watch their life savings evaporate. Savings accounts become joke accounts. The system collapses from within.
This cycle repeats across different nations and centuries. Argentina, Zimbabwe, Lebanon—the playbook is always the same. Unlimited monetary expansion,

The recent advertisements on airport billboards are quite interesting——the one from Alibaba Cloud is enormous, with data showing it surpasses the combined total of the second to fourth places, truly leading by a wide margin. Not far away, I also saw Volcano Engine competing for advertising space.
Similarly, the AI advertisements are everywhere, but the approaches on both sides are completely different. Silicon Valley is a blooming scene, with model vendors, application developers, Agent frameworks, and toolchains—everyone can give it a try, making the ecosystem look very lively.
But the patter

The way we measure things is changing. Private data sources are now challenging the traditional metrics that governments and institutions have relied on for decades. This isn't just about collecting more information—it's fundamentally reshaping how we understand economic reality.
As Kenneth Cukier points out, this shift demands a completely different approach to interpreting what the numbers actually mean. When private datasets start contradicting official statistics, which do you trust? The answer matters more in crypto markets than anywhere else, where on-chain data, trading volumes, and wha

Russia's annual LNG export target of 100 million tons is delayed. This change in the energy market is an important indicator in terms of global macroeconomic balances. Fluctuations in oil and natural gas prices affect traditional financial assets as well as the cryptocurrency market. Inflation pressures, central bank policies, and energy costs play a critical role in the valuation of digital assets like Bitcoin and Ethereum. Paying attention to shifts in supply and demand balance can be beneficial for risk management and portfolio diversification strategies.

Recently, I was chatting with a friend, and the high-frequency topic this month is one thing: waiting. Waiting for what? Everyone is waiting.
This year's market is indeed different from previous years. A double whammy of liquidity vacuum and narrative vacuum—something we haven't experienced in the past two years. Although liquidity was retreating before, it was nowhere near this level; and there are still some promising narratives.
Now? We've truly felt what a vacuum is. Some seasoned market participants have chosen to rest, while others have been forced out through liquidation. The extent of

According to BETAM data, household inflation expectations in Turkey have reached 51.9@E5@%. This figure indicates how deeply economic uncertainty and price pressures are affecting consumer perception. When high inflation expectations weaken confidence in traditional fiat currencies, investors often turn to crypto assets. As similar macroeconomic indicators move global markets, monitoring such data becomes critical for digital asset strategies.

2025 marks a pivotal turning point: the primary driving force behind crypto assets has shifted from retail speculation to national-level strategic deployment. Bitcoin has begun to enter sovereign fiscal balance sheets, and regulatory frameworks across the three major continents have completed maturation. The mining industry has been repositioned as an important component of national industrial policies. This means that governments that hesitated and observed in the early stages are now facing pressure to reassess their digital asset strategies. The structure of market participants has undergon

Stop romanticizing the financial struggles of millennials and Gen Z. The real crisis is hitting those in their 50s. Here's why: they're caught between the end of traditional pension systems and the urgency of retirement, facing asset depreciation from decades of fiat holdings, while younger generations are already exploring alternative wealth strategies through crypto and digital assets. Meanwhile, boomers who benefited from post-war economics are seeing purchasing power erode in real-time. The 50-something cohort has no time to experiment or recover from market downturns—they need solutions n

In recent years, I've observed that the crypto market indeed reacts faster than traditional financial markets.
The AI boom is a clear example. Several 10x coins were pumped in the crypto market, while Nvidia's stock price increase was relatively slow to follow. Looking at the October bull market start, the crypto community had already priced in various positive news, reacting much faster than the broader market.
This time with the dollar depreciation is similar. The crypto market is highly sensitive to the dollar's movements and often serves as a leading indicator for traditional financial mar

How Stablecoins Are Reshaping Capital Flows in Emerging Markets
Stablecoins have become a double-edged sword for developing economies. While they provide individuals with an effective hedge against local currency depreciation and inflation—especially in high-volatility regions—they simultaneously create new challenges for monetary stability.
According to recent analysis from industry experts, stablecoins may be amplifying capital volatility patterns in emerging markets. The concern centers on how easy access to USD-pegged assets can accelerate capital outflows during market stress. When local

Two-month oil embargo: military theater with minimal enforcement muscle.
Look closer—this isn't projection of force. It's economic warfare wrapped in operational language. Boarding capacity doesn't match the narrative.
When energy commodities become political leverage, markets respond. Oil volatility feeds into inflation expectations, which flows into rates policy, which impacts risk appetite across crypto and traditional assets. The disconnect between optics and actual execution capacity matters for traders watching macro signals.
When governments weaponize supply chains, the real cost isn't

2025 has passed, and now is the time for a calm review. How did China's economy perform this year? The data speaks for itself — from GDP growth rate, consumption momentum, industrial upgrading to capital flows, each indicator reflects deep economic logic. Fluctuations in the economic cycle often influence global asset prices and investor sentiment. Looking back on this year, how have the main economic data evolved? What surprises and trends are worth paying attention to? What insights do they offer for understanding the global economic landscape and market cycles? Let's take a deeper look at t

Over the past eight years, the EU's regulatory-heavy environment has increasingly become a drag on economic momentum compared to the US. The numbers tell a stark story. Back in 2016, the EU's GDP stood at $16.4 trillion against America's $18.8 trillion—a gap of $2.4 trillion. Fast forward to 2024, and that gap has ballooned dramatically. The US economy reached $29.2 trillion while the EU managed only $19.4 trillion, widening the deficit to a massive $9.8 trillion. What makes this even more striking is that the EU has 100 million more people to work with—450 million versus 350 million in the US

The quality of CPI inflation readings has hit a rough patch lately:
October brought a troubling milestone—40% of core CPI components relied on statistical estimates rather than direct measurement. Breaking that down: 22 percentage points came from imputed rental costs, while another 18 points stemmed from other goods and services. That's a substantial chunk of the index built on projection rather than observation.
Normally, the BLS constructs CPI inflation using approximately 90,000 price observations across different categories. When estimation fills that void at this scale, it raises legitim

Mastering the Yield Curve: A Practical Breakdown for Multi-Asset Investors
The yield curve tells you a lot about where markets are heading—and smart investors pay attention. When short-term rates climb above long-term rates, it's often a warning sign. But how does this actually play out across bonds, equities, and crypto?
Here's what you need to know: A flattening or inverted yield curve typically pressures bond valuations, shifts stock market sentiment, and creates unique opportunities in digital assets. Understanding these ripple effects helps you navigate portfolio allocation decisions more

Looking ahead into the new year, a few things stand out:
First, we're seeing a fundamental shift toward asset encryption and self-custody. The movement toward securing wealth through cryptographic solutions isn't slowing down—it's accelerating.
Second, the diversification of markets is remarkable. Thousands of trading pairs, multiple chain ecosystems, countless DeFi protocols. You're literally carrying access to millions of markets in your pocket through a single exchange interface.
Third, the scale is getting hard to ignore. When you look at total value locked across protocols, market capital

Silver spent 55 years just to keep pace with inflation. Let that sink in. Five decades of price appreciation, yet the purchasing power basically stayed flat. It's a stark reminder of how silently erosive inflation truly is. Most traditional assets play catch-up endlessly—you're running on a treadmill that keeps getting faster. This is precisely why crypto holders and alternative asset investors keep circling back to the same question: what actually holds or builds value over time? The math on silver's story speaks volumes about the urgency of that search.

A recent government audit report flagged some truly mind-bending spending decisions: $15 million allocated for primate behavioral research involving gaming experiments, and another $1.1 million spent studying teenage animal subjects under the influence of alcohol. These eye-watering expenditures spark an important conversation about how public funds get deployed—especially when comparing wasteful government spending to the efficiency arguments often championed in decentralized finance and blockchain ecosystems. When centralized institutions burn millions on questionable research projects, it o