Yen intervention risks Bitcoin selloff via carry trade
Japan’s reported $35 billion yen-buying intervention has strengthened the currency and raised risks of a broader unwind in global carry trades that could pressure bitcoin.
Japan’s reported $35 billion yen-buying intervention has strengthened the currency and raised risks of a broader unwind in global carry trades that could pressure bitcoin.
OKX reported that 90% of surveyed US crypto traders are concerned the dollar will lose purchasing power, driving increased allocation into digital assets.
New York Attorney General’s Office has secured more than $5 million in compensation from Uphold HQ Inc. for customers affected by the CredEarn crypto product.
World Liberty Financial has sold 5.9 billion WLFI tokens to undisclosed private investors, triggering a price collapse and raising concerns over transparency and investor fairness.
Coinshares PLC reported $165.7 million in revenue for fiscal year 2025 in its first annual filing as a US-listed company following its Nasdaq debut.
Andreessen Horowitz has backed the Commodity Futures Trading Commission in opposing state efforts to restrict prediction markets, arguing such actions conflict with federal law.
April 2026 saw more than $650 million in crypto losses, driven largely by major exploits affecting decentralised finance protocols despite otherwise stable market activity.
Consensys Software Inc. has warned that proposed US stablecoin rules could disrupt distribution models by extending yield restrictions beyond issuers to third-party partners.
A Taiwanese lawmaker has proposed allocating a portion of the island’s $602 billion foreign exchange reserves into bitcoin, formally presenting the plan to top monetary officials on April 29, 2026.
Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war. Bloomberg Opinion Energy and Commodities Columnist joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
Actor Ben McKenzie, known for his role in The OC, discusses his transition from acting to investigating cryptocurrency through a new film he wrote and directed: Everyone Is Lying to You for Money. McKenzie explains to Bloomberg This Weekend's David Gura and Christina Ruffini he was motivated by pandemic boredom and a suggestion to buy Bitcoin.
Telegraph Senior Foreign Correspondent Adrian Blomfield provided an on-the-ground, and on the water, report from the Strait of Hormuz. Blomfield joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how Iran maintains its blockade despite losing much of its naval forces.