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crypto.news

Could Japan trigger another yen carry trade shock for Bitcoin?

The Japanese yen has fallen past 158 against the dollar after traders cut expectations for another Bank of Japan rate hike this month, keeping yen funded carry trades attractive for now while raising the risk of another abrupt reversal that…

crypto.news

Lloyds uses USDC to settle $750,000 with Visa in under an hour

Lloyds Banking Group and Visa have completed a seven day live stablecoin pilot that settled $750,000 in cross border payment obligations, with funds reaching Visa in under an hour even during the weekend. According to Lloyds Banking Group, the trial…

BeInCrypto

Bitwise Maps the 4 Corners of Crypto That Won As CLARITY Act Stalled

Bitwise investment chief Matt Hougan has named 4 corners of crypto that gained from the CLARITY Act’s collapse. Stablecoins, exchanges, tokenization platforms, and buyback-driven tokens top his list. Hougan laid out the 4 winners in Bitwise’s weekly memo on September…

crypto.news

Ethereum price outlook as Joseph Lubin linked wallet moves 133,298 ETH

Ethereum price held above $2,700 on Oct. 1 as a wallet linked to Ethereum co founder Joseph Lubin moved 133,298 ETH, raising questions over whether the large transfer could eventually add selling pressure to the market. Onchain tracker Lookonchain reported…