Bitcoin Market On Alert As Japan’s FX Intervention Sparks Liquidity Shock
Japan has recently executed an exchange intervention on the 30th of April with compelling implications for the Bitcoin market. This event follows Bitcoin’s bullish performance in the opening Q2, during which prices surged by 14%, providing much-needed relief amid the current bear market. Related Reading: Bitcoin’s Rally Looks Real, But Binance Data Says Demand Is […]
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A piece of excerpt allegedly taken from a JPMorgan & Chase’s report is warning its clients about a potential “liquidity shock” in the Bitcoin market. The extract praises the cryptocurrency industry for improving its on-screen liquidity better than traditional asset classes on a relative basis. Nevertheless, it simultaneously warns about how most such liquidity provisions […]
Amidst the ongoing crypto market consolidation and Bitcoin (BTC) above the $60,000 support level, a looming concern has surfaced regarding a potential new crash. This time, experts suggest that the turmoil might extend beyond geopolitical tensions and oil prices, finding its roots in a deepening liquidity crisis unfolding in Japan. Japan’s Low‑Rate Model At Risk? […]
Polygon (MATIC) has once again landed a big name. Casio Computer Co., Ltd. has unveiled its plans to launch the virtual G-SHOCK project, an interactive user community aimed at bridging the gap between the iconic G-SHOCK line of shock-resistant watches and its global user base. This initiative will see the distribution of 15,000 limited-edition G-SHOCK […]
Crypto pundit Cobb has explained why a supply shock could be imminent for XRP. This follows the launch of two ‘33 Act XRP ETFs, including Bitwise’s fund, with more set to launch next week. Why XRP Could Soon Witness A Supply Shock In an X post, Cobb declared that a supply shock is coming for […]
Bullish momentum appears to be fading on the Bitcoin market as the price of the leading cryptocurrency asset gradually falls back toward the $70,000 level. The growing bearish momentum is driven by heightened selling pressure across the market, backed by a confluence of macroeconomic and political events. Geopolitical Shock Drives Bitcoin Short Interest Several negative […]