Japanese authorities intervene as USD/JPY surpasses 160, yen stabilizes around 154.5. BOJ faces dilemma: intervene or raise rates? Debt-to-GDP ratio exceeds 260%. Yen's decline may impact global currencies, Fed's stance crucial.
Xu LinU.S. lawmakers sound alarm over $34 trillion national debt, deeming it the 'greatest threat.' Urgently proposing a bipartisan fiscal commission, they warn of Social Security risk and advocate Bitcoin and gold as hedges amid global debt surge to $307 trillion.
Huang BoAs Bitcoin and Ethereum options expire, a $3.4 billion event adds to selling pressure. Markets at $1.64 trillion valuation show a 0.5% gain but face downward trends. Grayscale and miner sell-offs persist, impacting Bitcoin and Ethereum prices.
Xu LinIn the past 24 hours, Chainlink (LINK) saw a noteworthy 5% surge, signaling high buying activity and positive market indicators. The bullish trend for various cryptocurrencies in 2024 also favored Chainlink, displaying a promising bullish pattern on its chart, potentially indicating an upcoming uptrend.
Huang Boiven that the merge is only two days away, the cryptocurrency markets will probably continue to experience strong momentum, particularly for ETH.
NulltxAccording to Globant’s survey, 34% of gamers are interested in crypto trading in the Metaverse, while 16% have purchased NFTs in the past.
CointelegraphAccording to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs in the past.
Cointelegraph"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson.
CointelegraphA dark day awaits institutional investors in cryptocurrencies as fears of contagion are amplified and asset prices plummet.
CointelegraphStrong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT.
Cointelegraph