CryptoDriftt

tracking the crypto stories that actually matter.

[Watcher.Guru @WatcherGuru]

Leopold Aschenbrenner's $45 billion investment fund collapsed as guests arrived for his wedding.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸🇯🇵 United States sells euros in market intervention to buy Japanese yen.

[Crypto Rover @cryptorover]

WARNING: 🚨 Something crazy just happened in Japan.

The BOJ has spent ¥8.2 trillion defending the yen.

Last time Japan intervened at this scale, global markets lost $7,000,000,000,000 within days.

What's next, could be extremely violent.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 $USDC issuer Circle $CRCL officially granted a trust charter by the New York Department of Financial Services.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇷🇺 Russia charges Telegram founder & CEO Pavel Durov with "facilitating terrorism."

An international ​arrest warrant ​has been issued.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇸🇦🇾🇪 Saudi Aramco shuts down its 400,000-bpd Jazan oil refinery after Houthi attack.

[Watcher.Guru @WatcherGuru]

JUST IN: Intel $INTC erases all gains after Jim Cramer says "Intel's the one."

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Congress holds hearing to discuss Crypto Clarity Act.

[Watcher.Guru @WatcherGuru]

JUST IN: Apple $AAPL retakes the title of the world's largest company by market cap, surpassing Nvidia $NVDA.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Crypto Clarity Act is not projected to be signed into law this year despite President Trump meeting with Senators today to help advance the bill.

[Watcher.Guru @WatcherGuru]

JUST IN: Citadel Securities invests $400 million into cryptocurrency exchange Crypto․com at a $20,000,000,000 valuation.

[Ash Crypto @AshCrypto]

$700,000,000,000 wiped out from Gold and Silver today.

Absolutely Brutal.

[Ash Crypto @AshCrypto]

Summer pump lasted for 24 hours.

Worst bear market ever.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇯🇵 Japan officially passes law recognizing crypto as "financial assets."

[Watcher.Guru @WatcherGuru]

JUST IN: $65,000 Bitcoin

[Whale Insider @WhaleInsider]

JUST IN: $META shares rise by 7.3% to reach the highest point of the session.

[Crypto Rover @cryptorover]

🚨 BOJ IS PLAYING WITH FIRE NOW

And the end result would be a crash even bigger than 2008.

Today, Japan's minister of Finance calls to increase investment in domestic Japanese investments.

She even hinted at selling foreign assets and converting them back to yen.

Now, this strategy sounds smart on paper until you understand the consequences.

Japan's foreign assets are worth over $1T, with most of them sitting in bonds and global currencies.

If BOJ sells those, the bond yields around the world will spike.

At the same time, it'll strengthen the yen and force investors to sell their assets.

This includes stocks, bonds, precious metals, crypto, and any other major asset.

The result would be a crash across all assets, including the Japanese stock market.

In August 2024, we witnessed a similar event when over $5 trillion vanished within a week.

This time, the yen carry trade has become bigger, so the crash would be bigger than anything we have ever seen.

[Watcher.Guru @WatcherGuru]

JUST IN: Berkshire Hathaway's cash reserves hit an all-time high of $397,000,000,000.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸🇮🇷 Bitcoin falls under $62,000 after President Trump says MoU with Iran is over.

[Whale Insider @WhaleInsider]

JUST IN: SpaceX $SPCX seeks FCC approval for 100,000-satellite third-gen constellation to boost global connectivity and AI​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​.