Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday…
XRP$2.3502 and Solana’s SOL$186.17 stand out as the major cryptocurrencies with a key sentiment gauge showing bullish momentum, while their peers bitcoin BTC$106,931.06, and ether ETH$3,894.35 remain stuck in the gloom. This key sentiment gauge, known as the 25-delta risk reversal, is actually an options strategy involving the simultaneous purchase of a 25-delta call and…
Maelstrom, the family office of Arthur Hayes, is seeking over $250M to create a new private equity fund. If it is successful, the drive could start a new wave of crypto company acquisitions. The family office of Arthur Hayes is adding a new private equity capacity, seeking $250M in funding to allocate to crypto acquisition…
Japan’s banking giants, MFUG, SMFG, and Mizuho, confirmed the joint development of a yen-backed stablecoin. They plan to launch the new digital currency this fiscal year, followed by the launch of their own US dollar-anchored stablecoin. The biggest banks in Japan, Mitsubishi UFJ Financial Group (MFUG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group,…
When non-fungible tokens (NFTs) first captured public attention, headlines often focused on pixelated avatars selling for millions or speculative trading… For the full story, head over to TheCurrencyAnalytics.com.
Renowned technical analyst John Bollinger has identified patterns in Ether and Solana charts that could suggest a big move ahead, especially if something similar happens with Bitcoin. John Bollinger has identified “potential ‘W’ bottoms” in Bollinger Bands, a volatility indicator that he invented, on Ether (ETH) and Solana (SOL) charts, but the pattern has yet…
October’s wobble hasn’t broken the cycle, Alex Thorn, Galaxy Digital’s head of research, argues. The note was first sent to subscribers of Galaxy Research’s Weekly Research Brief and later reproduced on X. Thorn says the Oct. 10 sell-off began with high leverage slamming into thin order books, then worsened as exchange auto-deleveraging capped some market-maker…
Milan’s data center capacity has been predicted to grow by ten times over the next five years due to a surge in demand for data processing and AI technology. The claim was made by utility company A2A, a beneficiary of the increased demand for electricity from data centers and other AI-related industries. According to Renato…
