UTXO's Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact Bitcoin
Bitcoin fell to $79K this weekend, and this week both the Fed and the Bank of Japan decide on rates. Duke Waldrop, Head of Asia Markets at UTXO Management, joins Grace Remington and Sean Hagan to explain why a yen repricing hits Bitcoin first: macro funds with yen-denominated liabilities become forced sellers, and…
Read Original Article2 publishers
Read it in your languageMachine translation by Google of the publisher's page
Also covered by
More in Finance
From the blog
Bithumb Investigates Data Breach Following Internal Hack
South Korean cryptocurrency exchange Bithumb is investigating a data breach affecting its internal mobile work system, though customer assets remain…
Yuki Yamamoto2 min read
Bitcoin Approaches $82K Amid Fading Wall Street Correction Fears
Bitcoin climbed toward $82,000 as Wall Street correction fears faded, supported by strengthening bid liquidity near $80,000, rising tech stocks,…
Yuki Yamamoto2 min read
Coinbase Rejects Hack Claims After Vendor Data Exposure
TLDR Coinbase says an incident at analytics vendor Amplitude exposed contact information for a small subset of its customers. The…
Yuki Yamamoto2 min read