Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin. Source: https://www.coindesk.com/markets/2024/08/05/bitcoin-drops-15-against-japanese-yen-outpacing-declines-versus-usd-as-yen-carry-trades-unwind/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets. Source: https://www.coindesk.com/markets/2024/08/05/bitcoin-price-crash-to-50k-dashes-carry-traders-hopes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom. Source: https://www.coindesk.com/markets/2024/08/05/crypto-futures-witness-840m-in-liquidations-as-bitcoin-nosedives-ether-records-biggest-fall-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain. Source: https://www.coindesk.com/markets/2024/08/05/ether-slides-20-as-trading-firm-moves-46m-in-eth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%. Source: https://www.coindesk.com/markets/2024/08/05/bitcoin-tumbles-to-53k-ether-turns-negative-for-2024-as-panic-grips-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Spot Ethereum ETFs finally launched on July 23 following a green light from the US Securities and Exchange Commission (SEC). This marked a significant moment for crypto and …

As the cryptocurrency market evolves, investors are focusing on MoonTaurus (MNTR) as the next promising opportunity. Currently priced at just $0.005 during its presale phase, this new memecoin is …

The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer …

The sudden shutdown of ZKX, a social derivatives trading platform on the Starknet layer-2 network, drew the ire of both investors and market makers. The closure, announced on July …

Gold experienced a notable surge this week, driven by a combination of disappointing U.S. economic data, a dovish Federal Reserve stance, and rising geopolitical tensions, according to a report …