DevMak

Dollar weakness, with DXY down 9.59% over the past year despite short-term gains to 99.14, often boosts crypto markets as investors seek alternatives to preserve value.​ Crypto like Bitcoin can act as a hedge similar to gold, gaining from reduced dollar purchasing power and increased liquidity.​ However, inverse correlation isn't absolute due to crypto's volatility and unique drivers.​
Reasons for Value Preservation
Dollar declines erode fiat savings amid inflation, driving capital into scarce assets like Bitcoin (21M cap).​
Lower DXY reduces opportunity costs for risk assets, boosting global liquidity and crypto inflows.​
Historical patterns show crypto rallies during prolonged dollar weakness, as in 2020-2022 post-rate hike reversals.​
Key Risks
Crypto remains speculative, facing regulatory pressures and tech risks unlike physical gold.​
Short-term DXY rebounds (e.g., to 99.50) can trigger risk-off selling in Bitcoin/Ethereum.​
Decoupling from gold highlights Bitcoin's sensitivity to sentiment over pure dollar hedges.​
FactorDollar Down Effect on
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In Treasury stress and debt pressures, deflationary cryptocurrencies with proven supply reduction mechanisms—like burns or halvings—attract inflows by creating scarcity, boosting value as capital flees bonds.​
Bitcoin (BTC)
Bitcoin's 21 million hard cap, combined with halvings that slash new issuance every four years, enforces predictable scarcity amid fiscal dominance and inflation risks from monetary expansion.​
Lost coins further reduce effective supply, drawing institutional hedges against U.S. debt refinancing strains and yen carry unwinds.​
Binance Coin (BNB)
BNB executes quarterly burns removing tokens based on trading volume, tightening supply while utility in DeFi and fee discounts sustains demand during volatility spikes.​
This mechanism counters liquidity evaporation by rewarding ecosystem use, positioning BNB for inflows as primary dealers falter.​
Shiba Inu (SHIB)
SHIB burns billions via Shibarium gas fees, with 10 trillion already torched in 2025, slashing circulating supply and driving 150% price gains amid hedging flows.​
Community-driven reductions amplify scarcity signals from gold rallies, attracting retail and speculative capital fleeing bond volatility.​
XRP (Ripple)
Ripple's monthly 500 million XRP burns, plus exchange balances dropping to 1.5 billion from 4 billion, create sell-side squeeze with $1.14 billion ETF inflows boosting demand.​
Thinning liquidity aids resilience to China debt loops and carry trade shocks, enhancing cross-border utility over constrained Treasuries.​
Avalanche (AVAX)
AVAX caps at 720 million with staking burns and subnet fees reducing circulation, supporting high-throughput DeFi yields that outperform traditional bonds in stressed markets.​
Enterprise integrations draw inflows as tokenized RWAs expand, hedging structural risks without relying on foreign Treasury buyers.​
Bitcoin (BTC) Mechanics
Bitcoin employs halvings—slashing new coin issuance every four years alongside its 21 million hard cap—and benefits from permanently lost coins, resulting in near-zero new supply by late 2025.
This draws institutional safe-haven flows as U.S. debt pressures mount, since predictable scarcity counters inflation from central bank interventions.

BNB Supply Dynamics
BNB relies on quarterly burns tied to Binance exchange trading volume, permanently removing tokens to tighten circulation while its DeFi and fee-discount utilities sustain demand.
Ecosystem stickiness ensures inflows during liquidity crunches, as reduced supply rewards active users amid bond market volatility.

SHIB Burn Strategy
Shiba Inu torches billions via Shibarium layer-2 gas fees, with over 10 trillion removed in 2025 alone, creating rapid scarcity that fueled 150% price surges.
Retail traders pile in for this high-velocity deflation play, hedging gold-like rallies against carry trade unwinds and foreign buyer retreats.

XRP Liquidity Squeeze
XRP uses monthly escrow burns of 500 million tokens plus a 62.5% drop in exchange-held supply, amplified by $1.14 billion in ETF inflows to squeeze available coins.
This setup boosts cross-border efficiency over strained Treasuries, pulling institutional demand during China debt feedback loops.

AVAX Capped Efficiency
Avalanche caps total supply at 720 million through staking rewards and subnet fee burns, enabling high-throughput DeFi yields that outpace traditional bonds.
Enterprise real-world asset tokenization draws flows, providing yield edges in environments where primary dealers face balance sheet limits.

U.S. Treasuries are showing signs of strain through erratic auction behavior, constrained primary dealer balance sheets, and rates that fluctuate more sharply against economic growth data, signaling an unhealthy market unable to absorb shocks smoothly.

Mounting Refinancing Pressure
The U.S. Treasury faces refinancing $9-12 trillion in maturing debt in 2026, alongside new issuance needs totaling $11-14.5 trillion, nearly half of GDP, amid surging interest expenses projected to exceed $1 trillion annually.
Foreign demand has weakened from traditional buyers like China, while primary dealers remain limited by balance sheet rules, creating an unstable setup as rates rise.

Japan Carry Trade Risks
Japan anchors global carry trades by borrowing cheap yen to fund higher-yield assets; yen weakening has fueled this, but policy shifts could trigger rapid unwinds, forcing asset sales including U.S. Treasuries at vulnerable times.
Such reversals amplify selling pressure beyond Japan, hitting U.S. bonds amid already tight liquidity.

China Debt Feedback Loop
China grapples with unresolved debt issues; any confidence erosion could spark outflows through currencies and commodities, looping back to push U.S. rates higher and ignite funding stresses.
This dynamic risks cascading small failures into broader market disruptions without dramatic headlines.

Gold and Silver as Hedges
Persistent gold rallies without pullbacks, paired with accelerating silver, reflect structural hedging against fiscal and currency risks rather than mere speculation, driven by central bank buys and rupee depreciation in India.
These metals signal capital flight from vulnerable bonds into safe havens amid volatility.

Expected Market Sequence
Stress builds to volatility spikes and liquidity evaporation, repricing risk assets downward; central banks then intervene, sparking monetary expansion that turns inflationary rather than deflationary.
Timing aligns multiple cycles, amplifying impacts without permanent collapse.

Crypto markets offer hedges, alternative yields, and liquidity options amid U.S. Treasury strains, carry trade risks, and debt pressures, decoupling from traditional bonds through decentralized assets like Bitcoin and stablecoins.​
Hedging Against Bond Volatility
Bitcoin and gold rise as Treasury yields spike from debt crises, with BTC gaining from risk-on growth signals while gold benefits from falling yields; both attract capital fleeing unsustainable U.S. debt servicing costs exceeding $1 trillion annually.​
Crypto's low correlation to bonds during fiscal dominance—where yields surge and Fed monetizes debt—positions it as a store of value, unlike Treasuries losing safe-haven status.​
Stablecoins Boost Treasury Demand
Stablecoins like USDT hold hundreds of billions in short-term U.S. Treasuries, creating inflows that support auctions and lower yields during stress, while offering users stable dollar access outside volatile banking systems.​
Higher Treasury yields draw capital into stablecoins for yield and liquidity, forming a feedback loop that stabilizes short-term rates even as foreign buyers like China retreat.​
DeFi Yield Beats Traditional Bonds
Decentralized finance (DeFi) delivers programmable yields on tokenized Treasuries, real-world assets (RWAs), and private funds, outperforming constrained repo markets or MMFs with capital-efficient looping and lending.​
KYC-enabled pools and on-chain bonds—projected to hit $12.8 billion across jurisdictions by 2026—provide institutional-grade liquidity, automating settlements and slashing middlemen amid primary dealer limits.​
Resilience to Carry Trade Unwinds
Yen carry trade reversals drain liquidity from risk assets like Bitcoin, but crypto rebounds via institutional ETF inflows and decentralized networks, unlike bonds hit by forced sales.​
Weak yen initially fuels carry trades into crypto, then unwinds amplify volatility short-term, yet BTC's leverage ecosystem signals broader liquidity shifts early, aiding timely hedging.​
Inflation Hedge in Monetary Expansion
Central bank interventions post-volatility spikes fuel inflationary money printing; crypto, especially BTC, thrives as "digital gold" against dollar erosion, with tokenized RWAs expanding collateral options beyond fiat bonds.​
Gold-silver surges mirror crypto's structural hedging role, protecting against feedback loops from China debt or Japan flows impacting U.S. rates.​

Pepe Coin ($PEPE), an ERC-20 meme token on Ethereum, employs a deflationary burning mechanism to reduce its total supply over time, aiming to create scarcity and potentially boost value. Unlike some tokens with automatic transaction taxes, $PEPE's original smart contract launched without built-in burn fees or taxes, as confirmed by early analyses ​. Instead, burns occur through manual, community-driven, or event-based actions via the contract's burn function, which permanently sends tokens to an inaccessible "dead" wallet.
Key Burning Methods
Manual Burns: Developers or holders send tokens directly to a burn address (e.g., 0x000...dead), removing them from circulation irreversibly. A major example was the April 2023 launch event, where 210 trillion tokens—half the initial 420.69 trillion supply—were burned to kickstart scarcity ​.dApp and Protocol Burns: Interactions with decentralized apps or partner protocols can trigger burns as part of their functionality ​.No Automated Transaction Burns: Claims of 1% per-transaction burns (e.g., "PepeBurn") appear in some sources but contradict the tax-free contract design, which cannot be modified post-launch ​​.
Tokenomics Impact
The fixed, non-mintable supply relies on these burns to combat inflation, with no new tokens creatable ​. This has led to gradual supply reduction, though effects on price depend on demand; past burns correlated with hype-driven rallies. Holders benefit indirectly via scarcity, but liquidity and volatility risks persist without redistribution taxes ​. Track burns via Etherscan on the official contract (0x6982508145454Ce325dDbE47a25d4ec3d2311933) for transparency.
Functionality of this contract:

The contract at 0x6982508145454Ce325dDbE47a25d4ec3d2311933 is the verified ERC-20 token implementation for Pepe (PEPE) on Ethereum, using OpenZeppelin Contracts v4.4.0 with Solidity ^0.8.0 . It deploys a standard, non-upgradable ERC20 contract inheriting from Context, IERC20, and IERC20Metadata, featuring basic token operations without custom taxes, minting, or pausing logic .

Core Functions
View Functions: name() returns "Pepe", symbol() returns "PEPE", decimals() returns 18, totalSupply() shows circulating supply (initially 420.69 trillion), and balanceOf(address) queries holder balances .

Transfer Functions: transfer(address recipient, uint256 amount) moves tokens from sender to recipient; transferFrom(address from, address to, uint256 amount) enables approved spends; emits Transfer events .

Allowance Functions: allowance(address owner, address spender) checks spending limits; approve(address spender, uint256 amount) and increaseAllowance/decreaseAllowance manage approvals, emitting Approval events .

Key Limitations
No built-in burn function beyond standard ERC20 transfers to dead addresses (e.g., 0x000...000), no ownership controls post-renounce, and immutable supply mechanics prevent further minting . Full source and ABI are public on Etherscan for interaction via wallets or dApps .

The current US 30-year Treasury bond yield stands at 4.80% as of December 9, 2025, slightly down from 4.81% the prior day and up from 4.39% a year ago, below the long-term average of 6.17% .

30-Year Bond Returns
For a $1,000 par investment at 4.80% yield (assuming annual coupons held to maturity without reinvestment):

Annual coupon: $48

Total coupons over 30 years: $1,440

Principal at maturity: $1,000

Total nominal payout: $3,440 (144% cumulative return)

Annualized nominal return: ~3.02%

Inflation-Adjusted Scenarios
Using prior 30-year inflation projections (base 2.3% average), real returns erode purchasing power :

Context
Nominal USD returns face ~40% erosion for INR holders under base USD weakening (DXY to 85 by 2055), yielding ~₹ equivalent of $950-1,200 in 2025 terms at projected ₹150-250/USD . Yields reflect moderate growth amid Trump policies, but real value hinges on inflation outpacing 4.80% .

Bitcoin's average production cost for miners in 2025 stands at around $82,400 per BTC, driven by post-halving block reward reductions, higher electricity prices, and network hashrate increases. The current price hovers near $92,000 USD as of December 5, 2025, providing a margin above average costs for efficient operations but pressuring less competitive miners.

Production Cost Breakdown
Production costs vary by region, hardware efficiency, and energy prices, with the weighted average reaching $82,400—a 105% rise from pre-2024 halving levels of about $40,200. In the US, which holds 37.84% of global hashrate, costs average $89,600 per BTC due to higher electricity rates. Q2 2025 estimates showed median costs climbing to $70,000 amid rising energy and hashrate pressures.

Current BTC Price
Bitcoin trades at approximately $92,156 USD today, down slightly from recent highs around $94,000 earlier this week. Forecasts suggest potential stability near $91,000-$93,000 through December, influenced by market liquidity and external demand.

Miner Selling Pressure Explained
Miner selling pressure occurs when operators offload BTC reserves to cover operational costs, especially during price dips or post-halving eras when rewards halve. Recent Hash Ribbon signals in late November 2025 indicated capitulation, with hashrate dropping 15% from peaks as unprofitable miners shut down, flooding markets with supply at lows like $81,000. This pressure eases as efficient miners hold or accumulate, often marking price bottoms before recovery if demand absorbs sales.

BitTorrent Chain (BTTC) અને તેના જેવા અન્ય નેટવર્કોની સ્પર્ધાત્મક તુલના નીચે આપેલ છે:
BitTorrent Chain (BTTC):
BTTC એ બિનઅવલંબિત, તેની સાથે ચેઇન-ણૈતિકતા ધરાવતું એક લેયર-2 નેટવર્ક છે, જે BNB ચેઇન પર બનેલું છે.તે ઝડપથી ટ્રાન્ઝેક્શન્સ કરવા અને ડિફાઇ અને ગેમફાઇ એપ્લિકેશન્સ માટે સુવ્યવસ્થિત ઇન્ટરઓપરેબિલિટી પ્રદાન કરે છે.તેની ટકરાવતી બજાર ક્ષમતા મોટા ડે-ટુ-ડે વપરાશકર્તાઓ અને પ્રોજેક્ટ્સ સાથે જોડાયેલી છે.
BitTorrent અને uTorrent:
બંને સૌથી પ્રચલિત ટોરેન્ટ ક્લાયન્ટ છે, જેઓ ફાઈલ શેરિંગ માટે વિશાળ વપરાશકર્તા આધાર ધરાવે છે, જેમ કે બિટટોરેન્ટમાં 1 અબજથી વધુ વપરાશકર્તાઓ થાય છે.આવકનું મુખ્ય ذریعہ પ્રીમિયમ સેવા, જાહિરાત અને લાઇસન્સિંગ છે. બિટટોરેન્ટ 2023 માં $15–25 મિલિયન વાર્ષિક આવક ધરાવે છે.
qBittorrent:
ઓપન-સોર્સ, વિજ્ઞાપન-રહિત, હળવા વજનનું ક્લાયન્ટ.ખાસ કરીને સુરક્ષા અને ગોપનીયતાને પ્રાથમિકતા આપનાર વપરાશકર્તાઓ માટે લોકપ્રિય.
Transmission અને Vuze:
ટ્રાન્સમિશન એ સરળ અને સ્થિર ઓપન સોર્સ ક્લાયન્ટ છે, ખાસ કરીને લિનક્સ અને મેક ઓએસ માટે.Vuze વિશિષ્ટ ફીચર ધરાવતું છે, જે કેટલાક વપરાશકર્તાઓ માટે વધુ યોગ્ય છે.
સારાંશ:
BTTC નેટવર્ક બ્લોકચેઇનની દ્રષ્ટિએ તે અગ્રણી છે, ખાસ કરીને ગેમિંગ અને ડિફાઇ ક્ષેત્રે.બિટટોરેન્ટ અને uTorrent પાળવામા સૌથી મોટા અને આદ્યતન ટોરેન્ટ ક્લાયન્ટ છે.qBittorrent અને Transmission છૂટક અને સરળ ઉપયોગ માટે પસંદ કરવામાં આવે છે.મહત્ત્વનું છે કે જુદી જુદી જરૂરિયાતો માટે જુદાજુદા ક્લાયન્ટો અને નેટવર્કો વધારે સરસ રીતે ફીટ થાય છે.
આ તુલના 2025નાં આધારે કરવામાં આવી છે અને વપરાશકર્તા આધાર અને આવકના આંકડાઓ પર આધાર રાખે છે ​.

BitTorrent network is a globally significant peer-to-peer (P2P) file-sharing protocol with a large scale and user base. By 2024, it was reported to have over 1 billion users worldwide. Historically, BitTorrent accounted for a substantial portion of internet traffic—about 12% of all internet traffic in North America and 36% in the Asia-Pacific region (as of a 2012 study) ​. In early 2010s, estimates indicated 15–27 million concurrent active users with total monthly users possibly exceeding 250 million ​.
BitTorrent technology allows users to join a swarm for sharing files efficiently by downloading and uploading file pieces simultaneously, which reduces server load and network congestion. It is widely used by major companies and open source projects for data distribution.
Regarding financials, BitTorrent Inc. had an estimated annual revenue between $15 million and $25 million as of early 2023, with monthly revenue roughly ranging around $1.25 million to $2.1 million. Some related entities or services like uTorrent have revenues closer to $10 million to $15 million annually ​. BitTorrent's revenue streams include:
Premium subscriptions (faster downloads, ads removal)Advertising on content platformsLicensing technology to enterprises
Profit figures are not publicly disclosed, but given the revenue scale and moderate employee size (dozens), profitability depends on operational costs relative to revenues. BitTorrent’s network size and business model reflect its role as a major content delivery and file-sharing platform with significant infrastructure and user engagement worldwide ​.
Summary in figures:
User base: Over 1 billion users by 2024Monthly concurrent users: Tens of millions (estimated 15–27 million active)Annual revenue (BitTorrent Inc.): $15–25 million (2023)Estimated monthly revenue: $1.25 million to $2.1 millionRevenue sources: Premium service, advertising, licensingNo precise profit data publicly available
This presents BitTorrent as a substantial decentralized network with steady revenue but limited public profit disclosure ​.

BitTorrent Chain (BTTC) has established a clear and structured burning mechanism for its tokens, aiming to regulate supply, drive deflation, and incentivize user participation through staking. This burning system is central to BTTC’s tokenomics and long-term ecosystem strategy.

Burning System Structure
BTTC employs two main types of wallets for the burning process: Hot Wallets and Unlimited Black Hole Wallets. Hot Wallets temporarily hold BTT tokens intended for burning, while Black Hole Wallets store permanently burned tokens that are inaccessible forever.

Users acquire BTT tokens through staking on supported platforms like Tron Wallet, Binance, OKEx, Huobi, or native BTT wallets, and can choose to burn their staking proceeds by sending them to designated Hot Wallets.

Tokens placed in Hot Wallets undergo a waiting period (typically set for one year), during which users can withdraw their tokens if they change their minds. After the period ends (usually culminating on an annual anniversary, such as July 2), tokens still held are automatically transferred and burned in the Unlimited Black Hole Wallet via automated scripts.

Annual Burns and Deflation
BitTorrent Chain has institutionalized an Annual Burn Day (July 2nd), where a specific amount of tokens (historically 2,127 BTT, symbolic of BitTorrent’s founding year) are burned automatically via smart contracts.

In large-scale events, BTTC has burned as much as 575 billion BTTC, equalling nearly 58% of the total supply, drastically shrinking circulation and reinforcing scarcity. Future burns involving trillions of tokens are pre-scheduled, consistently applying deflationary pressure.

Each burn event is transparently reported, with wallet addresses and transaction records made publicly available for verification.

Technical Workflows
The burning mechanism is governed by automation scripts for both the movement of tokens and the integrity of the process. These ensure tokens are only transferred to permanent Black Hole Wallets after the waiting period and that no private keys are assigned to those wallets, making the burn irreversible.

Transparency is maintained through regular reporting and public access to burn transaction records, which supports user trust and promotes fair participation.

Impact and Deflationary Model
BTTC’s ongoing burn events operate as part of its economic model, reducing overall supply and helping maintain or boost the token’s market value. The consistent burn roadmap increases investor confidence and is designed to trigger interest and potential price appreciation.

These token burns counter inflation and reward long-term holders and contributors to the network, giving a practical incentive for staking and ecosystem engagement.

BitTorrent’s burning mechanism combines staking incentives, scheduled burns, and transparent reporting to create a robust, deflationary supply model for BTTC, making it a noteworthy case among multi-chain and PoS tokens in crypto markets.

Expected to impact Italian financial markets on Tuesday, October 7, 2025. It covers economic data releases, debt sales, company news, and key diary items, serving as an advisory for traders, investors, and analysts tracking the Italian market.

Key Economic Events
The OECD will release its September composite leading indicator data (scheduled for 10:00 GMT), which is a crucial gauge of future economic activity and can influence market sentiment.

The Bank of Italy is set to publish September data on Target 2 liabilities and provide updates from the European Central Bank, including figures relating to Italian banks—important for evaluating the country's monetary stability and liquidity conditions.

Debt Market Activity
The Italian Treasury will announce the sale of 12-month BOT bills, along with details on the amounts to be auctioned on October 10. Short-term debt auctions tend to affect liquidity, interest rate trends, and investor outlook for government securities.

Corporate Sector News
Juventus (listed as JUVE) is highlighted because Tether, the cryptocurrency operator, plans to propose its own candidates for the soccer club’s board ahead of a shareholders’ meeting next month. This reflects increasing overlap between crypto entities and legacy sports or business organizations; such moves can affect both share prices and broader corporate governance trends.

Diary Events and Conferences
Several public and private sector briefings are detailed:

Rome will host ISTAT representatives and the budget update from the Senate and Chamber of Deputies. Macroeconomic updates from these bodies often have market-moving potential due to their fiscal policy implications.

Thales Alenia Space Italy will conduct a press conference on its "Space Smart Factory" project, with key executives and government stakeholders present, highlighting industrial policy and technological investments.

ENEA (the Italian energy agency) and Terna (national grid operator) hold events focusing on energy efficiency and smart grid technology, reflecting Italy's ongoing investment in its energy infrastructure.

Snam, Edison, and energy ministers will present the CNH2 project, another infrastructure development program in the gas and hydrogen sector, marking a transition toward cleaner energy solutions.

Euronext FWB-CSI will discuss its September report on public offerings and potential delistings, providing insight on capital markets activity.

Market Watch Advice
Reuters cautions that not all events or reports are independently verified and advises readers to seek confirmation for market-sensitive updates. Market participants rely on these schedules to anticipate volatility, major news, and sector-specific opportunities.

This comprehensive events list equips traders and analysts with forward-looking information about economic indicators, fiscal developments, company-specific news, and infrastructure project discussions that could shape market direction in Italy for the day.

Summary
Italy will see new economic data released, including a key OECD indicator and banking updates from the Bank of Italy.

The government is planning to sell short-term debt bonds, with auction details announced today.

Cryptocurrency company Tether wants to submit candidates for the board of the famous Juventus soccer club ahead of a shareholders' meeting next month.

Meetings, conferences, and updates about Italy’s budget, space and energy industry projects, and public offerings are all scheduled on this day.

These events could affect prices and trading activity in Italy's financial markets today.