News

Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind

• Aug 05, 2024

The yen's strong performance, rising almost 10% against the USD in three weeks, led to the unwinding of carry trades, contributing to the sell-off in risk assets and causing s...

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Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes

• Aug 05, 2024

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.

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Bitcoin Dips Below $50K as Investors Flee Risk Assets

• Aug 05, 2024

Ether slumped by the most since May 2021.

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Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021

• Aug 05, 2024

A sentiment index that tracks crypto markets changed to “fear” early Monday as ETH recorded its worst single-day drop since May 2021.

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Ether Slides 20% as Trading Firm Moves $46M in ETH

• Aug 05, 2024

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

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Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

• Aug 04, 2024

Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.

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The Sahm rule and the economy's 'statistical regularities'

• Aug 04, 2024

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