The post Japan’s 10-Year Bond Yield Hits 30-Year High At 3.055% appeared first on Coinpedia Fintech News Japan’s 10-year government bond yield surged to 3.055%, its highest level in three decades. Higher yields raise borrowing costs, add pressure on Japan’s heavily indebted government, and make cheap yen-funded trades less attractive. The move tracked a broader rise in US Treasury yields, which UOB said had climbed to near two-decade highs across the curve. …

The post 14X Altseason Soon? 100 Billion AI Agents Could Trigger Crypto’s First Real Bull Market appeared first on Coinpedia Fintech News Speaking on his show, analyst Ran Neuer argued the coming rally will be driven primarily by altcoins rather than Bitcoin, calling it “crypto’s first real bull market.” His reasoning is that Bitcoin’s own bull market returns have shrunk with every cycle.  The first cycle delivered roughly a 100x return, the next dropped to around 15-18x, …

The post US Explores Plan to Boost Dollar Stablecoins Worldwide appeared first on Coinpedia Fintech News The US Treasury, State Department, and possibly the US International Development Finance Corporation are weighing a plan to promote dollar-backed stablecoins globally through public-private partnerships. America seeks global dollar stablecoin adoption  According to Bloomberg, the initiative is part of America’s plan to boost its Treasuries, in addition to the dollar’s global dominance. Challenges for the …

The post ‘It’s Go Time’: CFTC To Write Crypto Rules Without Congress After CLARITY Act Fails appeared first on Coinpedia Fintech News The CFTC says it will move forward with clear crypto market rules on its own, despite the CLARITY Act failing to pass. “The agencies have a ton of existing statutory authority. The President was prepared for it, we’re prepared for it, and so it’s go time,” said Chairman Mike Selig. Selig said the agency will …

The post $15B In Bitcoin Options Expire Friday As Analyst Eyes $100,000 appeared first on Coinpedia Fintech News Roughly $15 billion in Bitcoin options expire Friday at 4:00 AM ET on Deribit, with bulls firmly in control. About $4.7 billion in positions sit between $50,000 and $85,000, while 98% of sell options are set to expire worthless. Analyst Ali Martinez said Bitcoin’s double bottom pattern suggests the $82,500 neckline will hold as support, …

The post XRP Price Prediction For September 24 appeared first on Coinpedia Fintech News XRP was trading at $1.50 on Thursday, down 4.5% over 24 hours and up 15.6% over the past week, as a technical analyst who had forecast a deeper decline earlier this year revised his outlook following Bitcoin’s recent strength. A separate near-term analysis, however, points to further weakness before any renewed push higher. A Revised …

The post Bitcoin Drops to $84K as Bond Yields Hit 5.11%: What Next? appeared first on Coinpedia Fintech News Bitcoin (BTC) has shed 2.06% in value in the day, missing the $87,000 resistance line and pulling back to $84,425 at press time. Other than rising speculations of increased aggressiveness in the Middle East conflict, the drop is also a short-term consequence of the recent hike in US government bond yields. Bitcoin drops amid spike …

The post Could Bitcoin Drop To $70,000 From Here? Analyst Flags Key Warning Signs appeared first on Coinpedia Fintech News Bitcoin has reached first resistance at $87,000, but a chart analyst is warning of a potential deeper pullback ahead. Higher timeframes are showing a bearish RSI divergence, while lower timeframes suggest one more push higher may still be needed before a top forms. The analyst is watching a backtest near $83,500 as a critical level. …

The post Fed’s Barr Signals More Rate Hikes Needed To Hit Inflation Target appeared first on Coinpedia Fintech News Fed Governor Michael Barr said further rate hikes are likely needed to ensure a timely return to the Fed’s 2% inflation target, speaking at the Chicago Fed. He called last week’s quarter-point hike a necessary adjustment given strong growth and a solid labor market, but said inflation isn’t trending toward target quickly enough. Barr cited …

The post Why is Crypto Market Going Down Today? appeared first on Coinpedia Fintech News Bitcoin has dropped to $84,242.05, down 2.1% over 24 hours, as the broader crypto market shed value alongside a sharp selloff across stocks and precious metals. The total crypto market cap sits at $3.01 trillion, roughly flat over the past day despite the intraday drop, with Ethereum at $2,658.60 and XRP at $1.51. What Triggered …