Market News page 14

Reports point to Japan's benchmark yield at a multi-decade high while the 30-year US Treasury yield also climbs amid debt worries. Bond markets in two of the world's largest economies are signaling renewed stress. Yahoo Finance reported that a Japanese government bond yield reached its highest level in roughly 30 years.

CryptoBriefing and Bitcoin.com News both report Strive's purchase of 79 BTC but give conflicting purchase windows and average prices for the transaction. CryptoBriefing and Bitcoin.com News both report Strive's purchase of 79 BTC but give conflicting purchase windows and average prices for the transaction.

A staking-linked Polkadot ETF has seen losses far outpace the yield it generated for investors. A Polkadot exchange-traded fund that stakes its underlying DOT tokens has realized $4.52 of loss for every $1 it earned in staking rewards, according to reporting from Protos and The Cryptonomist.

A weakening greenback failed to produce the outsized crypto rally many traders expected. The US Dollar Index touched a three-month low this week, according to reporting from BeInCrypto and Yahoo Finance. The greenback's decline against a basket of major currencies typically signals shifting expectations around interest rates, inflation, and global risk appetite.

The bank's move signals deepening ties between traditional finance and digital assets. JPMorgan Chase will accept Bitcoin as collateral for loans, according to reporting from crypto.news and UNLOCK Blockchain. Both outlets described the move as a significant shift in how the largest U.S. bank engages with digital assets.

XRP trades near $1.00 as chart watchers flag $1.18 resistance and $0.85 as the next major support level XRP changed hands near $1.00 on August 15, according to CoinTurk News, as traders weighed the token's next move.

Open interest in XRP futures climbed even as spot prices touched the $1 mark and bearish sentiment spread online. XRP's price dropped to roughly $1 this week, a psychologically important threshold for the token. The move triggered a wave of bearish commentary across trading circles and social platforms.

HYPE and LINK outperform the broader altcoin market even as US Bitcoin funds record heavy withdrawals. Bitcoin held near $63,460 on August 17, keeping its position within a tight recent trading band. The price stability came even as US spot Bitcoin exchange-traded funds recorded a combined outflow of $390 million, according to data cited across…

Weekly volume for tokenized stock perpetual futures has climbed sharply this year, though estimates of the exact multiple vary widely between reports. Centralized crypto exchanges have expanded a product category that lets users trade price exposure to individual stocks using perpetual futures contracts.

Tudor Investment Corporation raised its stake in BlackRock's spot Bitcoin ETF by 19% to about $23 million. Tudor Investment Corporation, the firm founded by billionaire investor Paul Tudor Jones, has increased its exposure to BlackRock's spot Bitcoin exchange-traded fund. The move marks a reversal after roughly a year of steady selling of the position.

The two largest corporate Bitcoin holders are structuring their strategies around per-share accumulation metrics rather than short-term price moves. Strategy and Metaplanet have emerged as the two biggest corporate holders of Bitcoin. Both companies are reportedly emphasizing a strategy built on accumulation math rather than price forecasts.

Regulatory filings show the trading firm also holds positions in Franklin, Grayscale, Canary and 21Shares XRP products. Jane Street, a major global trading firm, has disclosed a $14 million position in the Bitwise XRP ETF. The disclosure appeared in regulatory filings reviewed by multiple outlets covering institutional crypto exposure.

Spot Bitcoin ETFs shed capital for the week while Ethereum ETFs broke a five-week run of inflows. Spot Bitcoin exchange-traded funds bled $390 million in net outflows over the past week, marking a notable reversal from recent inflow trends. The figure was reported consistently across multiple crypto news outlets tracking fund flow data.

The bank's economists argue traders have gone too far in pricing additional Federal Reserve tightening. Goldman Sachs has pushed back against market expectations for additional Federal Reserve rate hikes, according to a report from CryptoBriefing. The bank's economists reportedly view current pricing for further tightening as overdone relative to the underlying economic backdrop.

The bank's economists see little chance policymakers raise rates at next month's meeting, a call with implications for risk assets including crypto. Goldman Sachs economists have described a September interest-rate increase from the Federal Reserve as 'very unlikely,' CoinDesk reported.

Crypto derivatives tracking Sandisk shares now carry the largest open interest of any stock perpetual contract Open interest in perpetual futures contracts tracking Sandisk stock has reached $1.73 billion. That level makes SNDK perpetuals the largest stock perpetual market currently tracked, according to data reported by BlockchainReporter and crypto.news.

Thielen argues the math behind a seven-figure Bitcoin price within four years does not add up. Crypto analyst Markus Thielen has rejected the popular forecast that Bitcoin will hit $1 million by 2030. He described the target as mathematically impossible, according to a report from Cointelegraph.

A small wager on a meme coin allegedly ballooned into a six-figure sum within a single trading session, reviving debate over risk and reward in speculative crypto markets. A trader has reportedly turned a $120 investment into more than $200,000 within hours, according to reports from Finbold and BeInCrypto.