Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since …
fears
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Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be …
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Scams
Google Yanks Google Earth AI Image Tool a Day After Launch Over Deepfake Fears
by shayaanby shayaanIn brief Google removed an AI image-generation feature from Google Earth on July 31, just a day after its July 30 launch, …
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Adoption
South Korea Confirms 2027 Crypto Tax After Three Delays, Trading Volume Fears Return
by shayaanby shayaanAfter three postponements that kept crypto gains untaxed since the initial 2022 deadline, South Korea’s government is drawing a line. Deputy Prime …
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Analysis
BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears
by shayaanby shayaanThe BONK price is struggling to find solid footing, and the latest on-chain activity isn’t doing holders any favors. According to Lookonchain, …
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Markets
Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears
by shayaanby shayaanLive markets: Bitcoin holds above $60,000 as yen jumps on intervention fears www.coindesk.com
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Markets
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
by shayaanby shayaanThe investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC’s growth. www.coindesk.com
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Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael …
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Markets
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
by shayaanby shayaanJenny Johnson, Franklin Templeton’s CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance. …
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Analysis
Ed Yardeni Pushes Back on Fears That SpaceX, Anthropic and OpenAI Will ‘Suck the Oxygen Out’ of the Stock Market – Here’s Why
by shayaanby shayaanThe president of Yardeni Research is dismissing fears that three major artificial intelligence (AI) companies going public – SpaceX, Anthropic and OpenAI …