Yen stablecoin influencing the Japanese Government Bond (JGB) market, showing a digital yen coin over bond market graphs.
Blockchain News

Yen Stablecoin: A Pivotal Force in Japan’s JGB Market Evolution

The landscape of global finance consistently evolves. Now, a significant shift may occur within Japan’s financial markets. Specifically, Yen stablecoin issuers are emerging as potential major players. They could profoundly impact the demand for Japanese Government Bonds (JGBs). Yen Stablecoins Poised to Reshape the JGB Market Noritaka Okabe, founder of the prominent stablecoin issuer JPYC, […]

Shocking Bitcoin Correlation: BTC Price Follows JGB Yields, Not Nasdaq
Bitcoin News

Shocking Bitcoin Correlation: BTC Price Follows JGB Yields, Not Nasdaq

In a surprising turn for market watchers, the traditional view of Bitcoin’s price movements correlating closely with tech stocks like those on the Nasdaq might be outdated. Recent analysis suggests a notable shift in Bitcoin correlation, pointing towards an unexpected new driver: 30-year Japanese Government Bond (JGB) yields. Who Noticed This Surprising Bitcoin Correlation? Global […]