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
Independent validator client goes live on mainnet
Team and early investor shares released
Circulating supply increases by about 2%
Raises validator limit and account abstraction
92 million ARB released
Block reward reduced to 3.125 BTC
Block reward halving event
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,649 |
| 1 |
Ethereum
ETH
|
$1,868.09 |
| 1 |
Solana
SOL
|
$76.1 |
| 1 |
BNB Chain
BNB
|
$568.1 |
| 1 |
XRP Ledger
XRP
|
$1.1 |
| 1 |
Dogecoin
DOGE
|
$0.0726 |
| 1 |
Cardano
ADA
|
$0.1652 |
| 1 |
Avalanche
AVAX
|
$6.49 |
| 1 |
Polkadot
DOT
|
$0.8325 |
| 1 |
Chainlink
LINK
|
$8.34 |