Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries
CryptoSlate3h agoUpdated 2h ago
Smart Read
The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed…
Coins in this story
Discussion
Related stories
CoinDesk
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface.
CoinTelegraph
Sorry everyone, Bitcoin is headed down to $43,500: Michael Terpin
Transform Ventures founder Michael Terpin says Bitcoin could have another 30% downside from its current price before he is confident the market has reached a bottom.
CoinDesk
As Clarity Act teeters, mystery group hammers away at crypto in Washington ads
Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won't say who is backing it.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.