Arthur Hayes, BitMEX co-founder, suggests that Japan's use of the Federal Reserve's FIMA repo facility to support the yen could increase dollar liquidity temporarily, benefiting Bitcoin, Ether, and gold prices. Japan coordinated a yen intervention with the U.S. Treasury on July 31 and plans to use FIMA to exchange Treasuries for dollars without selling them outright, potentially avoiding market disruption. The Fed currently limits FIMA exposure to $60 billion per counterparty, but an increase could allow larger interventions. While this mechanism is a short-term liquidity tool, Hayes believes it could expand the Fed's balance sheet and support scarce monetary assets. However, no significant FIMA expansion or immediate crypto price rally has occurred yet, making this a forward-looking thesis dependent on future policy changes and usage.
Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscription...
Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. ...
Monero's price briefly surpassed $400, rising nearly 30% since late June, driven partly by a large whale's $36 million long position. Despite this, technical indicators and recent price action suggest the rally may be a pullback rather than a sustain...
Arthur Hayes predicts that the Federal Reserve's plan to help Japan defend the yen by using the FIMA Repo Facility will increase dollar liquidity, which could drive up Bitcoin prices. Japan would use its US Treasury holdings to borrow dollars, conver...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
