WorldPingJapan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.
This is a short WorldPing brief. The full report was published by CoinDesk.
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WorldPingBinance has launched Lite Loan, a bitcoin-backed borrowing product that lets eligible users borrow up to $1,000 in USDT.
Brief by WorldPing · Original reporting by The Block
WorldPingThe first US-Japan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBernstein said a state-ordered audit of Texas data centers will heighten power scarcity across the regional grid.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin and jobs data are on a collision course this week, with the price pinned between $62,200 and $65,000 after the first economic release worked against the bulls. The ISM Manufacturing PMI printed 55.6 on Aug. 3, beating the 54.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingJim Cramer says he's dumping his bitcoin over quantum computing fears, but his track record of crypto and bank calls has buoyed the crypto community.
Brief by WorldPing · Original reporting by CoinDesk