Bessent’s Move Is Priming Crypto for October

Managing Editor’s Note: Before we get into today’s Bleeding Edge from senior blockchain analyst Ben Lilly, don’t forget to sign up to join our colleague, Larry Benedict, tomorrow evening for his Retirement Reset event…

According to Larry, every “Retirement Reset” unfolds in three stages…

The Rise, when a small group of market leaders produces enormous gains. The Crossover, when a new group begins outperforming them. And the Reset, when retirement accounts still tied to the former leaders fall behind, resetting the date people planned to retire.

Larry believes we’re in stage two now and that Nvidia’s earnings announcement tomorrow could trigger Stage Three… sending more than $1 trillion flooding into an unexpected corner of the market.

There’s still time to sign up to join him. Just go here to add your name to Larry’s guest list.

Price heals all wounds.

The digital asset market just had a stellar week last week… Bitcoin gained 23% while Ether ran 31%.

The surge had less to do with progress on the legislative front via the CLARITY Act and more to do with U.S. Treasury Secretary Scott Bessent entering the limelight.

Bessent’s department announced its intention to increase the amount of bond buybacks in longer-duration Treasury bonds from $2 billion to at least $4 billion per auction.