Hedge Funds Hammer Japanese Yen and Probably Bitcoin: Why Crypto Holders Feel the Shock
Hedge funds reportedly built one of their biggest bearish bets against the Japanese yen in years, lining up around 85,000 net short contracts as pressure on the currency grows. As yen stress picked up, Bitcoin slipped below $87,000 in early December, with around
Crypto Market News Today, December 19: BOJ Hikes Rates, Bitcoin Steady as Ethereum Bounces
The Bank of Japan (BOJ) finally pulled the trigger, and as usual, the Bitcoin angle shows up in market conversations. The central bank raised its benchmark rate to 0.75%, a level Japan hasn’t seen since 1995. That sounds dramatic, but the size of
Now That The Trump Crypto Bubble Has Burst, What’s Next?
Greetings, 99Bitcoins. Cryptocurrency is doing TREMENDOUSLY well, folks, absolutely the safest investment in the world. Incredible results since Trump crypto renaissance. Nobody protects and holds crypto as I do! Sound like anyone you know? The Trump Crypto experiment has had its moments, but
Trump Crypto News, Who is Kevin Warsh, and Latest SEC Crypto Roundtable Meeting
What’s next for Trump’s crypto, and is the US economy in trouble? Kevin Warsh’s name shot to the front of the Fed race in a single trading session, catching markets mid-stride. Polymarket odds vaulted from 13% to 36% after reports that President Trump
Crypto Market News Today (December 15): Bitcoin Loses $90K Heading into Yearly Close, Is It Officially Over?
As the new week begins, crypto news today continues to cause fear and uncertainty in the market, with Bitcoin dropping -0.8% overnight and losing its crucial $90,000 support level. The fear and greed index remains firmly in the ‘extreme fear’ zone at 16,
Crypto Asia News: Bitget’s India Push, BoJ Rate Hike Jitters, South Korea’s Stablecoin Bill Dilemma
Another week, another crypto Asia roundup. In this week’s update, we will focus on key developments in the crypto Asia landscape, with a keen emphasis on India, Japan, and South Korea. These four markets never seem to sleep and always have something going
Crypto Market News Today, December 3: Holy Moly!! Crypto is Back as BTC USD Blasts $93K, ETH Back Above $3K with Fusaka Upgrade Looming
In crypto news today, the pump in BTC and ETH against USD, and the anticipation around the Fusaka upgrade are the talking points. BTC USD breaking above $93,000 and ETH USD reclaiming the $3,000 level, it almost feels like déjà vu for anyone
Japan Crypto Moves Toward Flat 20% Crypto Tax as Government Backs Major Reform
Japan is preparing to overhaul its crypto tax system after more than a decade of investor complaints and industry lobbying. According to new reporting from Nikkei Asia, the government and ruling coalition have formally endorsed a plan to cut the nation’s maximum crypto
Japan Rate Hike: Bitcoin’s Drop to 86K Tied to Japan’s Bond Shock
Are we about to see a Japan rate hike and the beginning of a global recession? Bitcoin’s slide from 92,000 to 86,000 this week did not come out of nowhere. Arthur Hayes argues the move was triggered by a sharp shift in Japan’s
BTC USD Plummets Off Cliff-Face: Bitcoin News Fails To Stir Price – Will Saylor Sigil Save Bitcoin?
The Bitcoin price might need a miracle to close above $100,000 in December. Scanning the market, there are no solid Bitcoin news stories to prop up bulls, and the BTC USD price is under immense pressure. Earlier today, Bitcoin crypto crashed from as
