Japan’s benchmark 10-year government bond (JGB) yield rose to a 17-year high, reflecting concerns that could spill over to bond markets across other developed economies and reduce demand for riskier assets such as cryptocurrencies and equities. The yield rose above 1.61%, the highest since 2008. The move follows a dismal auction of the 20-year JGB
Story Highlights Trump blames Powell for delaying Fed cuts, warning of a worsening housing crisis Markets see an 83% chance of rates dropping to 400–425 bps Bitcoin slips below $114K and retail sentiment turns sharply bearish President Trump is yet again targeting Federal Reserve Chair Jerome Powell, accusing him of stalling on rate cuts and
Tony Edward, the host of the Thinking Crypto podcast, pushes back on negative rumors surrounding the world’s largest stablecoin issuer, Tether. Yesterday, Edward slammed critics spreading FUD (fear, uncertainty, and doubt) about Tether, calling them paid actors, engagement farmers, and uninformed commentators. He defended Tether’s credibility by citing evidence of its ongoing expansion in the
CreataChain, a next-gen blockchain platform, has collaborated with DeChat, a secure and open Web3 communication platform. The partnership focuses on advancing the Web3 communication with enhanced interoperability and security. The platform revealed in its official social media announcement that the move endeavors to integrate the Lunar Link technology of CreataChain into DeChat’s secure and open
The decline in Bitcoin (BTC) and altcoins, which began last week with US macro data and decreasing expectations for a Fed interest rate cut, continues as markets prepare for a possible hawkish stance from the Fed. As Bitcoin approaches a 6-week low, investors await the minutes of the Fed’s July meeting and Fed Chair Jerome
The crypto-focused investment arm of venture capital firm Andreessen Horowitz argues that modern cryptographic techniques, such as zero-knowledge proofs, can protect user privacy but still allow law enforcement to crack down on bad actors. In a report on Tuesday, a16z Crypto policy partner Aiden Slaven and regulatory counsel David Sverdlov said that ZK-proofs, which verify
Retail crypto traders have seemingly flipped bearish after Bitcoin failed to pick itself up from a recent dip below $113,000, clocking a 17-day low. “Retail traders have done a complete 180 after Bitcoin failed to rally and dipped below $113,000,” said analysts at blockchain analytics firm Santiment on Wednesday. Santiment also reported that the past
On Tuesday, three affiliated NYSE-listed companies under AMTD Group proposed a crypto-for-stock conversion program that would let holders swap Bitcoin, Ethereum, USDT, Binance’s BNB, and USDC for newly issued shares under the exchange. AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE) formed the program with pricing that would be set by