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πΊπΈ The White House says President Trump backs tax relief for small crypto transactions, including Bitcoin.
ChainFuse
ChainFuse
π€©3π₯2
MEXC is giving away a Rolex Submariner (no date) and the iPhone 17 Pro Max, plus other goodies!
Sign up - deposit - Buy the dip
Click to draw
https://promote.mexc.com/a/3wxuBiwR
All users welcome, even if you're already with MEXC.
ChainFuse
Sign up - deposit - Buy the dip
Click to draw
https://promote.mexc.com/a/3wxuBiwR
All users welcome, even if you're already with MEXC.
ChainFuse
π3π1
π³ Credit spreads at 27-year lows
π‘ Spreads across the US, UK, and EU are at their narrowest since 1998.
π‘ At first glance, that suggests limited systemic risk, but history shows that extreme complacency often precedes shocks.
π‘ Todayβs levels sit below what preceded past crisesβthe Euro debt crisis (2011β2012), Chinaβs slowdown (2015), and the Covid crash (2020).
π‘ Each major spike in spreads has followed a stretch of unusually low risk premiums.
π‘ Tight spreads imply markets are underpricing credit risk despite geopolitical and economic headwinds.
π‘ Investors may be overlooking catalysts such as tariffs, monetary tightening, or external shocks.
Low credit spreads may feel reassuring, but they often signal late-cycle complacency. The last time they were this tight, it didnβt end quietly.
ChainFuse
π‘ Spreads across the US, UK, and EU are at their narrowest since 1998.
π‘ At first glance, that suggests limited systemic risk, but history shows that extreme complacency often precedes shocks.
π‘ Todayβs levels sit below what preceded past crisesβthe Euro debt crisis (2011β2012), Chinaβs slowdown (2015), and the Covid crash (2020).
π‘ Each major spike in spreads has followed a stretch of unusually low risk premiums.
π‘ Tight spreads imply markets are underpricing credit risk despite geopolitical and economic headwinds.
π‘ Investors may be overlooking catalysts such as tariffs, monetary tightening, or external shocks.
Low credit spreads may feel reassuring, but they often signal late-cycle complacency. The last time they were this tight, it didnβt end quietly.
ChainFuse
π―4π€1
πΊπΈπ Crypto ETF Flows Today:
#BTC-ETFs:
Net flow: -1,790 BTC ($195.63M) π΄
Fidelity outflows: 1,046 BTC ($114.37M) and currently holds 203,446 BTC ($22.24B);
#ETH-ETFs:
Net flow: -50,655 ETH ($200.09M) π΄
Fidelity outflows: 40,176 ETH ($158.7M) and currently holds 733,786 ETH ($2.9B).
ChainFuse
#BTC-ETFs:
Net flow: -1,790 BTC ($195.63M) π΄
Fidelity outflows: 1,046 BTC ($114.37M) and currently holds 203,446 BTC ($22.24B);
#ETH-ETFs:
Net flow: -50,655 ETH ($200.09M) π΄
Fidelity outflows: 40,176 ETH ($158.7M) and currently holds 733,786 ETH ($2.9B).
ChainFuse
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