🚨 MASSIVE CRASH IN JAPAN 🚨
USD/JPY plunged from 164 to 157 after Japan spent $52.8B defending the yen and the U.S. Treasury joined by selling euros to buy yen.
This was America’s first yen intervention since 1998.
It seems like a yen carry trade unwind could happen soon.
📰 This week: Satoshi’s famous line turned 16, Scott Bessent demanded a CLARITY Act vote, CME moved into sports futures, Aave cut six low-use deployments, and a Russian lawmaker warned citizens against Gram and Telegram transactions.
Here's the Weekly Recap 🧵👇
🔥BIG: $MSFT has surged 33% in just five weeks since Michael Burry disclosed a long position in the stock.
Burry's bet is a $700 strike call option expiring in 2028, effectively betting that Microsoft could more than double from his entry level.
🔥BIG: $MSFT has surged 33% in just five weeks since Michael Burry disclosed a long position in the stock.
Burry's bet is a $700 strike call option expiring in 2028, effectively betting that Microsoft could more than double from his entry level.
LATEST: 💰 Billionaire investor Ray Dalio says he holds "about 1%" of his portfolio in Bitcoin, treating it as a form of money "that you can't print" alongside gold.
LATEST: 💰 Billionaire investor Ray Dalio says he holds "about 1%" of his portfolio in Bitcoin, treating it as a form of money "that you can't print" alongside gold.
LATEST: 🇪🇺 The ECB says its planned digital euro app will exceed EU accessibility standards, featuring screen-reader support, simplified language, and full keyboard navigation.
CMC Market Pulse: Situational Awareness Bailout, Market is Saved?
BTC -1.92%, ETH +0.72%. Market cap dips to $2.19T as Citadel bails out Leopold Aschenbrenner's Situational Awareness fund, rescuing momentum names.
Let's break down this week's top crypto narratives🧵
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