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JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days

[Oct 21, 2024 11:30 PM] A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc…

Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets

[Sep 11, 2024 7:26 AM] Asian markets and U.S. stock futures experienced a downturn, with Bitcoin dropping over 2% to $56,300, reflecting a risk-off sentiment in financial markets following the presidential debate where Kamala Harris was perceived to outperform Donald…

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

[Aug 19, 2024 8:59 AM] A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies.

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

[Aug 8, 2024 8:30 AM] Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,”…

Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’

[Aug 7, 2024 11:17 PM] Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to…

Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

[Jun 21, 2024 7:25 AM] Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle…

Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates

[Jun 8, 2024 2:35 PM] Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest…

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

[May 28, 2024 6:41 PM] Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held…

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

[May 14, 2024 8:45 PM] Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt…

Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

[Apr 28, 2024 8:22 AM] This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk…

Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying

[Apr 9, 2024 3:55 AM] Metaplanet began as Red Planet Japan, a budget hotel operator, before pivoting to become a Web3 developer.

Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K

[Mar 19, 2024 5:30 AM] The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.

Bitcoin-Yen Pair Hits Record High, Reflects Stress on Japan's Fiat Currency

[Feb 15, 2024 12:07 AM] Bitcoin's ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.

Crypto exchange Binance among firms eyeing new stablecoins in Japan

[Sep 25, 2023 10:35 PM] Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan.

Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures

[Aug 2, 2023 8:00 AM] In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came…

De-dollarization: Is it really happening?

[Jun 9, 2023 11:00 AM] In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications.

SEC Chairman Gensler Stresses Existing Fiat Digital Currencies Are Sufficient Amid Coinbase and Binance Actions

[Jun 6, 2023 11:30 AM] In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) enforcement actions against Coinbase and Binance, chairman Gary Gensler engaged in a conversation, maintaining that further digital currencies are unnecessary…

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning

[Feb 22, 2023 11:30 AM] According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority…

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

[Feb 16, 2023 8:22 PM] Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”

Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%

[Dec 20, 2022 9:30 AM] The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to…

Fiat Currencies Around The World Face The Same Fate As The FTX Fiasco

[Nov 17, 2022 10:00 PM] Dylan LeClair and Mark Moss break down the FTX implosion, the current GBTC discount and how the global macro environment will affect the bitcoin price.This is a recording of a recent Twitter Spaces with the Bitcoin Magazine Pro team and Mark Moss…