By Bitcoinist Editorial Team Arthur Hayes has outlined a new “Yen-quake” macro thesis, arguing that efforts to support the Japanese yen could ultimately inject fresh dollar liquidity into global markets and become bullish for Bitcoin. In his August 10 essay, Hayes focuses on the Federal Reserve’s FIMA Repo Facility, a mechanism that allows foreign official […]
Category: News
By Dimitar Dzhondzhorov The primary cryptocurrency surged past $65K over the weekend, causing some popular analysts to call the end of the bear market and the beginning of a potential upward trend. However, the revival was short-lived, with BTC briefly plunging to as low as $63,250. Now all eyes are set on the CPI report, […]
By Bitcoinist Editorial Team Solana climbed roughly 7% from its August 7 low to an August 10 intraday high, breaking above a descending trendline that had shaped price action since July. Market data shows SOL moved from about $72.49 to $77.36 during the rebound. That is a meaningful short-term move, especially after several weeks of […]