Bitcoin News·
The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying speculation that Tokyo could step in to defend the currency for the second time this year. A Four-Decade Low The yen’s slide to a four-decade low has put Japanese authorities back on intervention watch. The currency has […]
Read full articleThe yen's decline highlights vulnerabilities in global markets, potentially triggering rapid de-risking and impacting risk assets like crypto. The post Japanese yen hits weakest level against the US dollar since 1986 appeared first on Crypto Briefing.
Japan’s Nikkei 225 is on track for a 36% gain over the past three months, the sharpest quarterly advance in records going back to 1965, capping a record-setting run powered by artificial intelligence and semiconductor stocks. A Historic Quarter in Tokyo The Nikkei 225, Japan’s benchmark stock index, is closing out the quarter with a […]
A surprise currency intervention could spark liquidations across crypto markets even if the longer-term outlook remains intact.
The yen's decline highlights Japan's struggle with interest rate disparities, impacting exporters positively but raising import costs and inflation. The post Japanese yen weakens past ¥162, fuels speculation of intervention appeared first on Crypto Briefing.
J.P. Morgan's Kinexys blockchain payments platform has processed more than $4 trillion in transactions since launch and expanded to eight currencies, adding the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi and Singapore dollar to serve institutional clients across
Insider Brief Asteria is launching an investment fund with Pegasus Tech Ventures to back startups working in physical AI and robotics. The Tokyo-based software company said the fund will invest up to $10 million, or about 1.6 billion yen, in private companies developing artificial intelligence, physical AI and robotics technologies. Pegasus, a Silicon Valley venture-capital […]
Rising inflation and potential rate hikes in Japan could impact global markets, influencing investment strategies and economic stability. The post Tokyo inflation rises 2%, keeping Bank of Japan on track for rate hike appeared first on Crypto Briefing.
Japanese police arrested an alleged high-ranking member of one of Asia's largest crypto-facing crime organizations.
