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Bitcoin News Roundup for Aug. 3, 2020
After a flash-crashy weekend, CoinDesk's Markets Daily is back with your quick daily update.
Updated Sep 14, 2021, 9:39 a.m. Published Aug 3, 2020, 4:00 p.m.
After a flash-crashy weekend, CoinDesk's Markets Daily is back with your quick daily update.
STORY CONTINUES BELOW
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's Bitcoin News:
Bitcoin Investors Unshaken By Sunday's Flash Crash, Data Suggests
Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash.
First Mover: July Was a Runaway Month for Crypto Returns
Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins).
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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Higit pang Para sa Iyo
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
Ano ang dapat malaman:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
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