The dollar’s strength is quietly risking another yen ‘carry trade’ blowup
There’s a lot riding in markets on the current yendollar balance. Source:MarketWatch
Bitcoin price taps new July high above $62K on weak US jobs data
Bitcoin took daily gains to nearly 4% on the second day of "green July" as US labormarket signals supported an easing inflation policy from the Federal…
Bitwise says STRC selloff signals crypto cycle nearing a bottom, not Strategy’s breaking point
Bitwise said STRC's volatility reflects a latecycle leverage unwind, with institutions poised to replace Strategy as bitcoin's biggest buyer. Source:CoinDesk
JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.…
U.S. payroll growth slowed sharply in June, with only 57,000 jobs added
This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall. Source:CoinDesk
A struggling Nasdaq-listed company that tried to copy Saylor's Bitcoin playbook is completely dumping crypto for AI
The Nasdaqlisted Korean media company once lined up $1 billion in financing to buy 10,000 bitcoin. A recent filing confirms its balance is now zero as it…
Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff'
Bitcoin and major cryptocurrencies rebounded on dovish Federal Reserve signals, with speculative tokens like Memecore’s M and Audiera’s BEAT leading gains.…
Bitcoin zooms above $61,000 as inflation fears soften
Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop…
Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears
Source:CoinDesk
Warsh’s throwaway comment injects life into the debasement trade, for one day at least
As much as new Fed Chair Kevin Warsh tried to refrain from steering markets, it looks like he did. Source:MarketWatch
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
The protocol completed a multistage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.…
Solana launches onchain governance and sets entry fee at 100,000 SOL staked
Validators and the people who stake with them can now formally signal where the network should go through a new system called Solana Governance Proposals. Any…