Crypto Long & Short: Why bitcoin’s quantum fears will pass just like the climate panic
In this week’s Crypto Long & Short Newsletter, Martin Gaspar on how bitcoin looks to overcome quantum fears, echoing past climate backlash. Original and detailed news is here: Read More
Institutional investors may be buying the dip as traders pour $1.7 billion into spot bitcoin ETFs
Fresh allocations to spot bitcoin ETFs suggest investors are growing more comfortable despite the asset still being down 16% this year. Original and detailed news is here: Read More
Iranian Vessel Attacked Near Sri Lankan Coast, Over 100 Missing (imported from Binance News)
An Iranian vessel was reportedly attacked by a submarine near the coast of Sri Lanka, resulting in at least 101 people missing and 78 injured. According to Jin10, the incident has raised concerns about maritime security in the region. The Sri Lankan Navy and defense officials are currently investigating the attack, which has yet to be claimed by any group. The situation remains tense as authorities work to locate the missing individuals and provide aid to the injured. The attack highlights ongoing geopolitical tensions and the potential risks faced by vessels in international waters.
Bank of Japan Governor Ueda: Real Wage Growth Not a Monetary Policy Target (imported from Binance News)
Bank of Japan Governor Kazuo Ueda stated that setting real wage growth as a target for monetary policy is challenging. According to Jin10, Ueda emphasized the complexity of directly linking monetary policy to wage increases, highlighting the multifaceted factors influencing wage dynamics. The governor’s remarks come amid ongoing discussions about Japan’s economic strategies and the role of monetary policy in addressing wage stagnation. Ueda’s comments underscore the Bank of Japan’s cautious approach in navigating economic growth and inflation targets without explicitly tying them to wage growth metrics.
Bank of Japan Governor Ueda: Real Wage Growth Not a Monetary Policy Target (imported from Binance News)
Bank of Japan Governor Kazuo Ueda stated that setting real wage growth as a target for monetary policy is challenging. According to Jin10, Ueda emphasized the complexity of directly linking monetary policy to wage increases, highlighting the multifaceted factors influencing wage dynamics. The governor’s remarks come amid ongoing discussions about Japan’s economic strategies and the role of monetary policy in addressing wage stagnation. Ueda’s comments underscore the Bank of Japan’s cautious approach in navigating economic growth and inflation targets without explicitly tying them to wage growth metrics.
Eric Trump’s American Bitcoin buys 11,298 ASIC miners, increasing mining capacity by 12%
The move stands in stark contrast to the company’s peers, many of whom are moving away from or totally abandoning the business of bitcoin mining. Original and detailed news is here: Read More
Aave governance rift deepens as major governance group exits $26 billion DeFi protocol
The conflict centered on a proposal to fund product development and expansion, which ACI opposed due to concerns over self-voting and lack of transparency. Original and detailed news is here: Read More
AI agents will be primary users of blockchain, NEAR co-founder says
Polosukhin argues that AI will become the primary interface layer for everything online, including crypto, abstracting away wallets, explorers and transaction hashes. Original and detailed news is here: Read More
Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho
The stock has risen about 20% since the U.S. strikes on Iran over the weekend. Original and detailed news is here: Read More
International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering
In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers. Original and detailed news is here: Read More
