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Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview. "Moves of this size and speed in currencies is not normal so I expect some intervention or coordination fairly soon if it continues into the next few weeks," Quinn Thompson, founder of hedge fund Lekker Capital, told CoinDesk. The yen's devaluation didn't impact crypto markets yet, but this could change if the BOJ steps in to prop up the currency, Noelle Acheson, analyst and author of the Crypto Is Macro Now reports, said in an email interview. A possible intervention would mean the BOJ selling U.S. dollar assets (U.S. Treasuries) to buy yen, and a weaker greenback could in theory help crypto prices, she added. #BitcoinHalvingTrends #BTCEvent
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Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security U.S. Sen. Elizabeth Warren asked Attorney General Merrick Garland what more can be done to stop crypto use in child sexual abuse. (Jesse Hamilton/CoinDesk) The bipartisan pair of U.S. senators underlined crypto's history as a mainstay of transactions to purchase illegal pornography featuring children. Their letter to U.S. Attorney General Merrick Garland and the secretary of the Department of Homeland Security noted the difficulties in heading off these crimes and asked the top law-enforcement officials what more can be done. Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement official. 🥊 The WEALTHY are trying to stop us from being Wealthy? Why? Mentalities. We are not trash, like them. F them rich families. I got nothing. I am what I am because I did everything. Cleaning, cooking, driving. My parents gave me none. WE SHALL MEET AGAIN #bitcoinhakving #WarrenBuffett #BitcoinHalvingTrends #BinanceLaunchpool #newsdaily
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How our #altseason coin sill rise 🐒 No pumps, no dumps. Always steady.🥊 #AltSeasonComing #BinanceLaunchpool #AltSeasonOnTheWay #altcoinbullish
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