The United States and Japan have undertaken a coordinated intervention in the foreign exchange market for the first time in twenty-eight years, aiming to curb
Tag: Market
Japan and U.S. Joint Yen Intervention May Influence Bitcoin and Risk Assets
Japan and the U.S. conducted a rare joint intervention to prop up the yen, which had fallen to 40-year lows of 164 per dollar, marking
Bitmine Immersion Technologies Expands Ethereum Holdings Amid Market Shifts
Bitmine Immersion Technologies, the largest corporate holder of Ethereum, has increased its treasury by 10,399 ETH, bringing its total holdings to 5,797,813 ETH. The company’s
**Flare’s FXRP Token Accepted as Collateral in Sentora’s RLUSD Vault on Morpho**
Flare’s FXRP token has been approved for use as collateral in Sentora’s RLUSD vault on the Morpho platform, marking a significant step in expanding XRP’s
XRP Now Accepted as Collateral in Institutional Ethereum Lending Vault
Flare has announced a significant development allowing its FXRP token to be utilised as collateral within Sentora’s RLUSD vault, accessible via the Morpho platform. This
Record Inflows into Spot Crypto ETFs Driven by Coldcard Hack
Significant investment pushed Bitcoin and Ether funds to their strongest weekly performance since April. — U.S. spot Bitcoin and ether exchange-traded funds experienced a surge
U.S. Bitcoin and Ether ETFs See $1.1 Billion in Inflows Amid Market Volatility
U.S. spot bitcoin and ether ETFs recorded combined $1.1 billion in inflows last week, their strongest performance since April, according to The Block’s analysis of
Institutional Investors May Allocate Trillions to Bitcoin Over Next Decade, Says Bitwise Executive
Bitwise’s chief investment officer has outlined a potential shift in how institutional investors view Bitcoin, suggesting that financial advisers, family offices and large wealth firms
Strategy Sells Bitcoin to Fund Dividends and Stock Repurchases
Company utilising STRC preferred stock sales to finance dividend payouts and stock buybacks, bolstering its USD reserve. — Strategy has executed a significant sale of
**Strategy sells 1,638 Bitcoin, uses proceeds for dividends and stock repurchases**
Strategy sold 1,638 Bitcoin between July 27 and Sunday, using $52.4 million of the proceeds for dividend payments on its STRC preferred stock and another
