Bitcoin remains strong in USD but lags in JPY amid Bank of Japan intervention fears
Bitcoin’s correlation with USD/JPY highlights the need for crypto investors to consider forex dynamics, impacting diversification strategies. The post Bitcoin remains strong in USD but lags in JPY amid Bank of Japan intervention fears appeared first on Crypto Briefing....
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UBS triggers exodus from Blue Owl private credit fund
UBS’s warning highlights systemic risks in private credit, prompting scrutiny of sector concentration and redemption mechanisms industry-wide. The post UBS triggers exodus from Blue Owl private credit fund appeared first on Crypto Briefing....
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UK Labour MPs push for permanent crypto donation ban after Farage resignation
UK Labour MPs have proposed making a temporary ban on cryptocurrency donations to political parties permanent after Nigel Farage resigned amid investigations into multimillion-pound gifts linked to crypto industry figures. The Guardian reported on Thursday that members of the ruling…...
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Ark Invest buys 217,896 Circle shares for $14M, sells Robinhood stake
Ark Invest’s strategic shift highlights a focus on potential growth in stablecoins, reflecting broader market confidence in digital finance evolution. The post Ark Invest buys 217,896 Circle shares for $14M, sells Robinhood stake appeared first on Crypto Briefing....
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Bitcoin’s quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs....
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Spain vs Belgium World Cup quarterfinal becomes a litmus test for crypto fan tokens
The match highlights the volatile nature of crypto fan tokens, underscoring their speculative risks and potential for emotional-driven market shifts. The post Spain vs Belgium World Cup quarterfinal becomes a litmus test for crypto fan tokens appeared first on Crypto Briefing....
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North Carolina imposes 6% tax on prediction markets, raises sports betting tax to 23%
North Carolina’s tax changes may boost prediction markets’ growth while potentially stifling sports betting, influencing national trends. The post North Carolina imposes 6% tax on prediction markets, raises sports betting tax to 23% appeared first on Crypto Briefing....
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China’s submarine missile test sends a message to Washington, and markets should be listening
China’s missile test underscores escalating military capabilities, prompting global calls for improved communication to prevent miscalculations. The post China’s submarine missile test sends a message to Washington, and markets should be listening appeared first on Crypto Briefing....
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XRP’s On-Chain Data Flashes Warning While Sellers Continue to Dominate
XRP continues to display signs of weakening market conditions, as key indicators suggest that sellers remain in control, according to the latest analysis from CryptoQuant. The data show Open Interest has dropped to $350.6 million, one of its lowest levels in recent months, indicating that traders are closing futures...
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Siam Commercial Bank becomes first institution to deploy Citi’s 24/7 USD clearing and token services
SCB’s adoption of Citi’s 24/7 USD clearing and token services could revolutionize global banking by enabling seamless, round-the-clock transactions. The post Siam Commercial Bank becomes first institution to deploy Citi’s 24/7 USD clearing and token services appeared first on Crypto Briefing....
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