Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears
Japan may have spent as much as $36.6 billion buying yen in the first joint USJapan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says…
U.S.-Japan intervention revives yen carry trade fears for bitcoin
Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger…
US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Source：Cointelegraph
Bitget set to exit Japan, close all remaining positions by year-end
The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec.…
Joint U.S.-Japanese intervention boosts the yen — but will it be enough?
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of…
Bitget to exit Japan, close remaining positions after Dec. 31
The crypto exchange stopped accepting new registrations from Japan residents and will begin progressively restricting existing accounts on Nov. 1.…
BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention. Source：Cointelegraph
Live updates: Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive
The Bank of Japan left its benchmark at 1% and Governor Ueda's hawkish signals landed softly, since markets had already priced an October hike. Bitcoin held…
Japanese game developer launches Bitcoin, altcoin fund with SBI
The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past…
The Fed isn’t your biggest worry. The central-bank decision that actually impacts your 401(k) lands in Tokyo.
Japan is edging toward the exit on buying America’s debt. Here is why this matters to your retirement plans. Source：MarketWatch
Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows
Analysis warned of a repeat of the 2024 yen carrytrade unwind that pressured crypto markets ahead of the next Bank of Japan interestrate meeting.…
Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead
Your look at what's coming in the week starting July 27. Source：CoinDesk