The Yen Carry Trade Unwind: On-Chain Evidence of a Macro Shock Hitting Crypto
Hook July 17, 2024. 14:00 UTC. The Nikkei 225 closes down 4.2% – a single-day...
Yen Carry Trade related articles
Hook July 17, 2024. 14:00 UTC. The Nikkei 225 closes down 4.2% – a single-day...
On Monday morning, as Tokyo opened, the sell orders hit like a tsunami. The...
The data suggests a specific macro variable, long ignored by on-chain natives...
Hook Over the past 48 hours, a concentrated wave of selling has swept through...
Speed is the currency, but accuracy is the vault. Over the past 48 hours,...
Japan's PPI hit 7.1% last month. The Bank of Japan raised rates to 1% — the...
Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Team and early investor shares released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
92 million ARB released
Block reward halving event
Circulating supply increases by about 2%
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,664.9 |
| 1 |
Ethereum
ETH
|
$1,865.85 |
| 1 |
Solana
SOL
|
$75.89 |
| 1 |
BNB Chain
BNB
|
$569.1 |
| 1 |
XRP Ledger
XRP
|
$1.09 |
| 1 |
Dogecoin
DOGE
|
$0.0725 |
| 1 |
Cardano
ADA
|
$0.1670 |
| 1 |
Avalanche
AVAX
|
$6.59 |
| 1 |
Polkadot
DOT
|
$0.8364 |
| 1 |
Chainlink
LINK
|
$8.34 |