Gold has climbed 32% over the past year while Bitcoin has fallen 46%, challenging the idea that BTC would be the preferred scarce asset during a period of mounting government debt concerns. Global government bond yields have returned to levels Bitcoin has never experienced. A Bloomberg index tracking long-term sovereign debt recently reached its highest […]
Tag: Japan
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 […]
By Jordan Lyanchev The world’s third-largest public holder of Bitcoin made a substantial transfer hours ago, which raised some questions given the peculiar timing. Metaplanet, which adopted its BTC strategy a few years ago and was described as Japan’s Strategy, has moved 3,881 units (worth around $250 million), according to data from Arkham and Lookonchain. […]