The Japanese Yen's continued decline, making it one of the world's worst-performing currencies, could prompt more businesses to adopt Bitcoin. The Japanese Yen has fallen 34% against the USD in the past four years, with the Bank of Japan facing criticism for its monetary policies. Market analysts believe Japan should adopt a Bitcoin strategy to protect itself from the currency's collapse, similar to El Salvador's adoption of Bitcoin. Some firms, like Metaplanet, have already started investing in Bitcoin as part of their reserves, following the lead of MicroStrategy. With the Yen under immense pressure, we could see more businesses follow suit and embrace Bitcoin as a hedge against currency volatility.

<p>The continuation of the high interest rates by the Federal Reserve has dealt a major blow to the Japanese Yen making it one of the worst-performing currencies in the world. With Japan&#8217;s fiat currency under major stress, we can see more private firms join Metaplanet in adopting a sound Bitcoin strategy and holding BTC as <a class="mh-excerpt-more" href="https://coingape.com/japanese-yen-collapse-may-see-more-firms-adopt-bitcoin-btc-very-soon/" title="Japanese Yen Collapse May See More Firms Adopt Bitcoin (BTC) Very Soon"></a></p>
<p>The post <a href="https://coingape.com/japanese-yen-collapse-may-see-more-firms-adopt-bitcoin-btc-very-soon/">Japanese Yen Collapse May See More Firms Adopt Bitcoin (BTC) Very Soon</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

<img fetchpriority="high" decoding="async" width="1920" height="1200" src="https://coingape.com/wp-content/uploads/2019/12/bitcoin-japan.jpg" class="attachment-full size-full wp-post-image" alt="Japan&#039;s Metaplanet Adopts Bitcoin As Treasury Reserve Asset Amid Weakening Yen" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2019/12/bitcoin-japan.jpg 1920w, https://coingape.com/wp-content/uploads/2019/12/bitcoin-japan-300x188.jpg 300w, https://coingape.com/wp-content/uploads/2019/12/bitcoin-japan-768x480.jpg 768w, https://coingape.com/wp-content/uploads/2019/12/bitcoin-japan-1024x640.jpg 1024w" sizes="(max-width: 1920px) 100vw, 1920px" /><p>The continuation of the high interest rates by the Federal Reserve has dealt a major blow to the Japanese Yen making it one of the worst-performing currencies in the world. With Japan&#8217;s fiat currency under major stress, we can see more private firms join <a href="https://coingape.com/metaplanet-creates-offshore-arm-for-enhanced-bitcoin-strategy/" target="_blank" rel="noopener">Metaplanet</a> in adopting a sound Bitcoin strategy and holding BTC as part of its reserves.</p>
<h3>Japanese Yen Under Major Stress</h3>
<p>Earlier today, the Japanese Yen dropped to ¥160.8 against the USD, its weakest level since 1986. Interestingly, the data shows that even the Turkish Lira, Argentine Peso, and Brazilian Real are performing better than the Yen.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Dear <a rel='nofollow'  href="https://twitter.com/Bank_of_Japan_e?ref_src=twsrc%5Etfw" rel="nofollow">@Bank_of_Japan_e</a> congratulations, your toilet paper of a currency is now the worst performing in the world, with the lira, peso and real all stronger.</p>
<p>And the best part is once you finally contain it, you have a bond market crash to look forward to. <a rel='nofollow'  href="https://t.co/UKmKWuDq6c" rel="nofollow">pic.twitter.com/UKmKWuDq6c</a></p>
<p>— zerohedge (@zerohedge) <a rel='nofollow'  href="https://twitter.com/zerohedge/status/1806158801571115125?ref_src=twsrc%5Etfw" rel="nofollow">June 27, 2024</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Just in the last four years since June 2020, the Japanese Yen has crashed 34% against the USD. This is pretty unusual and concerning, especially for a developed country&#8217;s currency. Earlier this year in April and May, Japanese authorities spent $62 billion in the foreign exchange market to bolster the yen and prevent it from dropping below the 160 level. Despite having a temporary impact, the Yen has even slipped under the threshold.</p>
<p>Japanese investment firm Metaplanet is already making a shift in tune with the macro developments. Following a path similar to MicroStrategy, Metaplanet recently announced $7 million worth of <a href="https://coingape.com/metaplanet-to-buy-7m-bitcoin-using-bond-sales-following-microstrategy/" target="_blank" rel="noopener">Bitcoin purchase</a> through a bond sale.</p>
<p>Also Read: <a href="https://coingape.com/is-apple-buying-bitcoin-michael-saylor-sparks-speculations-with-cryptic-post/" target="_blank" rel="noopener">Is Apple Buying Bitcoin? Michael Saylor&#8217;s Cryptic Post Sparks Buzz</a></p>
<h3>Bitcoin &#8211; A Hope for Japan</h3>
<p>Market analysts have expressed concerns about the Bank of Japan&#8217;s monetary decision and the printing of the Japanese Yen. Market analysts suggest that with excess printing of fiat currency, Japan should be secretly buying Bitcoin, in order to protect themselves from this currency collapse.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Is Japan printing Yen to secretly buy <a rel='nofollow'  href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#bitcoin</a>? If so it would be the smartest move in the history of Japan. If not they will become a third world country really soon.</p>
<p>— Bitcoin for Freedom (@BTC_for_Freedom) <a rel='nofollow'  href="https://twitter.com/BTC_for_Freedom/status/1806246499002589653?ref_src=twsrc%5Etfw" rel="nofollow">June 27, 2024</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>It will interesting to see if Japan can draw a leaf from <a href="https://coingape.com/argentina-takes-the-el-salvador-route-president-javier-milei-promotes-bitcoin/" target="_blank" rel="noopener">El Salvador</a>&#8216;s playbook and adopt a long-term Bitcoin strategy.  If so, this could be a major step for the world&#8217;s fourth-largest economy.</p>
<p>Also Read: <a href="https://coingape.com/could-japans-banking-crisis-trigger-another-bitcoin-rally-arthur-hayes-think-so/" target="_blank" rel="noopener">Could Japan’s Banking Crisis Trigger Another Bitcoin Rally?</a></p>
<p>The post <a href="https://coingape.com/japanese-yen-collapse-may-see-more-firms-adopt-bitcoin-btc-very-soon/">Japanese Yen Collapse May See More Firms Adopt Bitcoin (BTC) Very Soon</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>


Japanese Yen Collapse Could Lead to Bitcoin Adoption by Businesses

### **Taxing the High Emitters**
World leaders at the **United Nations climate talks** in Azerbaijan are being urged to consider **new taxes** on **business-class air travel**, large stock and **cryptocurrency trades**, and **plastic production**. These measures aim to help finance the transition to cleaner economies and address climate change.

### **The Financial Goal**
The discussions are centered around raising substantial funds from developed nations to assist developing countries in adapting to climate change. The goal is to negotiate how much financial support will be provided annually and determine which countries will be donors or recipients. The current target is to replace a fund set to expire in 2025, which allocates **$100 billion** annually, with a staggering requirement of **$1.3 trillion per year** by the 2030s, as indicated by the G77 nations.

![The oil industry still dominates Baku, host to the COP29 United Nations climate talks.](https://static.ffx.io/images/$zoom_0.394%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_16%2C$y_0/t_crop_custom/q_86%2Cf_auto/6c63a675aadcab4224a273ffe99e2a1c61cfb136)

### **Challenges of Negotiation**
The negotiation process has been complicated by political shifts, including the election of Donald Trump, which may lead to the U.S. withdrawing from agreements. The Australian Climate Change and Energy Minister, **Chris Bowen**, is tasked with advancing these stalled negotiations alongside Egypt's **Yasmine Fouad**. Experts have compared the current discussions to **World War I**, indicating the complexity and high stakes involved.

### **Innovative Financial Solutions**
A report from the **Global Solidarity Levies taskforce** suggests that **international taxation** on high-emitting sectors, including cryptocurrencies—which added **1% to global energy demand last year**—could raise significant revenue. For instance, charging **$0.045 per kWh** on cryptocurrency energy use could generate **$5 billion**. Other proposed levies include:
- **$418 billion** from a global stock and bond trading levy.
- **$210 billion** from fossil fuel extraction taxes.
- Up to **$200 billion** from international shipping and aviation levies by **2035**.

### **Polluter Pays Principle**
The task force emphasizes the **“polluter pays” principle**, suggesting that industries responsible for emissions should contribute to the financial solutions for climate stabilization. They propose specific measures such as:
- Targeted aviation levies based on flight distance and class.
- A **$60 to $90** per tonne levy on new plastic polymer production, potentially yielding **$25 to $35 billion** annually.

Dr. Wesley Morgan from the University of New South Wales states, “It is the grand bargain of global climate negotiations. Wealthy nations that contributed most to emissions must help developing countries pursue cleaner futures.”

Climate leaders suggest new taxes on dirty old industries could help pay for the multitrillion-dollar cost of stabilising the climate.

Could New Taxes on Crypto and Flights Fund Climate Change Solutions? A Closer Look at UN Proposals

### DigitalX Sets the Stage for Crypto's Mainstream Moment

Australian crypto fund manager **DigitalX** is positioning itself as a **"flag bearer"** for digital assets, anticipating a major breakthrough in the crypto industry, especially following significant political shifts in the U.S.

### Cost-Cutting Measures

On Thursday, DigitalX announced it is implementing **substantial cost reductions** of **$950,000** (US$614,000) annually by restructuring its funds management team. This move aims to ensure sustainability and effective execution of its business plan.

### Impressive Gains in Bitcoin Fund

DigitalX's **Bitcoin fund** has reported an incredible **99% yearly gain**, outperforming competitors across various timeframes, with **12% gains over six months** and **30% over three years**. The **Digital Asset Fund** has also shown returns exceeding **526% over five years**, despite a slight **2.1% decline** in the last quarter.

### Bitcoin's Year-to-Date Performance

The crypto market has experienced significant growth this year, with **Bitcoin** seeing a **106% increase**, now priced at **$87,500**. The rise in the profile of digital assets is attributed to U.S. listings of **spot Bitcoin and Ethereum ETFs** and a Republican victory in the presidential race, which many believe paves the way for clearer regulations affecting digital assets.

### Diverse Investment Products

DigitalX offers two distinct Bitcoin investment products: a **Bitcoin Fund** for wholesale investors and a **Bitcoin ETF (BTXX)** for retail investors. These products provide different structures and access methods for investors.

### Market Position and Challenges

Listed on the **Australian Securities Exchange (ASX)** since July, DigitalX’s **spot Bitcoin ETF** is one of several crypto ETFs in Australia, alongside others like **VanEck's VBTC**. The company's ETF unit price has risen from **$20** (US$12.93) at launch to **$31.09** (US$20.10). Despite solid performance, DigitalX faces challenges in raising funds due to a relatively small investor base compared to traditional products.

### Future Outlook

DigitalX’s strategic shift comes at a time of anticipated regulatory changes in the U.S., especially following **Donald Trump's recent presidential victory**. This political climate may lead to **greater regulatory clarity**, creating potential opportunities for the company and its investors. DigitalX emphasizes maintaining a **"safe pair of hands"** approach to client investments, even amidst restructuring efforts.

DigitalX's Bitcoin fund, which is separate to its ETF on the ASX has posted a 99% yearly gain, outpacing its rivals.

DigitalX's Bitcoin Fund Soars with 99% Annual Gains Amid Strategic Cost Cuts

## US BTC-Spot ETF Market Inflow Streak at Risk

On **November 13**, the US BTC-spot ETF market reported **net inflows of $510.1 million**. Demand remained robust following the US CPI Report that raised expectations for a **December Fed rate cut**. However, Thursday’s producer price and jobless claims numbers sank bets on a December Fed rate cut, adversely impacting the US BTC-spot ETF market. According to Farside Investors:

- **Fidelity Wise Origin Bitcoin Fund (FBTC)** reported **net outflows of $179.2 million** on Wednesday. (Previous day: +$186.1 million).
- **ARK 21Shares Bitcoin ETF (ARKB)** saw **net outflows of $161.7 million**. (Previous day: $14.5 million).
- **Bitwise Bitcoin ETF (BITB)** had **net outflows of $113.9 million**. (Previous day: +$12.3 million).

Excluding flow data for **iShares Bitcoin Trust (IBIT)** and **Invesco Galaxy Bitcoin ETF (BTCO)**, the US BTC-spot ETF market saw **$527.2 million of net outflows**. Significantly, the US BTC-spot ETF market could end its six-day inflow streak if **BlackRock’s iShares Bitcoin Trust (IBIT)** sees modest inflows.

Thursday’s flow trends highlighted the significant influence of **Fed monetary policy** on BTC demand.

ETF Store President **Nate Geraci** remarked on the six-day inflow streak, stating,  
> “Another $500+mil into spot btc ETFs today… 6 straight days of inflows totaling **$4.7bil**. Quickly approaching **$30bil** net inflows since January launch. Simply ridiculous.”

## Bitcoin (BTC) Price Action

On **November 14**, BTC declined by **3.13%**, reversing a **3.37% gain** from the Wednesday session to close at **$87,325**. Significantly, BTC fell for only the second time since the **US presidential election**.

Upcoming US retail sales, due on **November 15**, could also influence sentiment toward the Fed rate path. Higher-than-expected retail sales could sink bets on a December rate cut and dampen BTC demand. Conversely, weaker-than-expected retail sales could refuel speculation about a December rate cut, potentially driving BTC through **$95,000**.

Stay tuned for the latest on how market shifts and regulatory developments impact crypto assets.

XRP rallies 12% as SEC Chair Gensler hints at resignation; could the SEC withdraw its Ripple appeal?

XRP Surges 12% Amid SEC Chair Resignation Rumors as Bitcoin Faces Decline

### Are You Ready for Some Bitcoin Football?

Retired NFL star **Russell Okung** is taking a bold step into the world of sports with his new flag football league, **Bitball**, where players will earn their paychecks in **Bitcoin**. Announced on X (formerly Twitter), Okung aims to eliminate middlemen, ensuring that athletes can build **lasting wealth** through direct earnings in cryptocurrency.

Okung expressed his vision in an interview with *Decrypt*, stating, "**No more middlemen taking their cuts or making backdoor deals**. Now, it’s about pure sport and pure Bitcoin, which means pure opportunity. That’s what I’m building—a new league."

### The Birth of Bitball

The idea for Bitball emerged after Okung’s departure from the NFL, where he unsuccessfully tried to convince team owners of Bitcoin's potential. He noted, "**That’s the revolution**. We’re moving away from seeing athletes go broke and losing generational wealth."

Enthusiastic responses from players he contacted, including former NFL stars, have fueled the league's growth. The inaugural **Bitball game** is set to take place on **December 10** at Al Nahyan Stadium in Abu Dhabi, featuring 24 professional players. Attendees who hold tickets to a Bitcoin conference can attend the game for free.

### Okung's Bitcoin Journey

In **December 2020**, Okung made headlines by choosing to receive half of his **$13 million salary** in Bitcoin, which he still holds and continues to acquire. The 240 Bitcoins he originally received are now valued at approximately **$21 million**. He stated, "I didn't do this 'Pay me in Bitcoin' thing to trade it in for dollars. For me, it was an opportunity to transform my family’s future. **Bitcoin isn’t just an investment—it represents freedom in digital form.**"

His investment philosophy extends beyond personal gain; Okung sees **Bitcoin as a foundation for new value creation**. He also invests in Bitcoin mining, emphasizing the importance of energy in building high-output civilizations.

### The Bigger Picture

Despite Bitcoin's **volatility**, Okung remains optimistic about its future, particularly in sports. He believes that if other leagues like **baseball** and **basketball** don't adopt Bitcoin for player salaries, he will lead the charge with Bitball. "**If nobody else is competitive enough to do it, then I'll do it.**" 

In light of recent market movements, including Bitcoin reaching new all-time highs, Okung acknowledges the **symbolic impact** of political figures like Donald Trump taking Bitcoin seriously and believes it could reshape the future of finance and sports.

### Key Insights

- **Russell Okung** is launching **Bitball**, a flag football league where players are paid in **Bitcoin**.
- The inaugural game is on **December 10** in **Abu Dhabi**.
- Okung aims to eliminate middlemen and build **lasting wealth** for athletes.
- He believes **Bitcoin** is more than an investment; it represents **freedom** and opportunity.
- Okung envisions a future where other sports leagues adopt Bitcoin for player salaries.


The Bitball league will let players earn in Bitcoin, aiming to cut out middlemen and create lasting wealth for athletes, Okung told Decrypt.

Revolutionizing Sports: Russell Okung's Vision for a Bitcoin-Paid Football League

## **Crypto Market Analysis Today:**  
The aggregate **cryptocurrency market capitalization** shrank by **1.45%** on November 14, reflecting a **$42.6 billion dip**. In the last 24 hours, **170,878 traders** were liquidated, totaling **$485.13 million**. With **$360 million** in long positions liquidated, **bull traders** faced over **61%** of the daily timeframe losses on Thursday.  

## **Altcoin Market Updates: XRP, PEPE, SUI Emerge Top Gainers**  
**Ripple (XRP)** rose by **16%** on November 14, overtaking **Dogecoin (DOGE)** as the top performing asset in the top ten ranked crypto assets. XRP's rally was triggered by its recent **listing on Robinhood** and further propelled by rumors of **Gary Gensler’s** exit from the **US SEC**, pushing its price towards **$0.80**. **PEPE** also saw a remarkable **22% price rally**, reaching new all-time highs of **$0.000026**.  
![XRP Price Action](https://editorial.fxstreet.com/miscelaneous/XRPUSDT_2024-11-14_21-21-37-638672187931377142.png)  
*XRP price action, November 14, 2024*  

Over the last **48 hours**, PEPE's price skyrocketed by **46.5%**, from **$0.000014** to its new peak. The surge is attributed to its listing by **Robinhood**, which introduced PEPE to a broader US retail market, alongside major altcoins like **XRP**, **Solana (SOL)**, and **Cardano (ADA)**.  

**SUI** also reached a new all-time high, crossing **$3.5** for the first time since its launch in May 2023, bringing its market cap to **$9.5 billion**.  

## **Chart of the Day: NFTs Flashing Comeback Signals as McDonald's Announces Doodle Partnership**  
**McDonald’s** is partnering with **Doodles** to launch coffee-themed **NFT collectibles** for the holiday season. The announcement led to a significant surge in demand for NFTs, with the global NFT trading volume reaching **$17.6 million**, a **4.1% increase** in just 24 hours.  
![NFT Market Performance](https://editorial.fxstreet.com/miscelaneous/Screen%20Shot%202024-11-14%20at%2010.05.43%20PM-638672189784098160.png)  
*Global NFT sector performance | November 14, 2024 | Source: Coingecko*  

## **Crypto News Updates:**  
- The **Royal Government of Bhutan** deposited **365 BTC** (worth **$33.3 million**) into a **Binance** wallet, indicating potential **profit-taking** during the recent price rally.  
- Indian authorities have detained a suspect linked to **WazirX’s $230 million crypto hack**, highlighting ongoing security concerns in the crypto space.

 XRP price action, November 14, 2024 XRP's rally on Thursday was initially triggered by its recent listing on Robinhood. 

Massive BTC Sale by Bhutan and NFT Boom: What You Need to Know!

### Fed Chair Jerome Powell's Cautious Approach to Interest Rates

![Jerome Powell: Fed doesn’t need to ‘in a hurry’ to reduce interest rates](https://image.cnbcfm.com/api/v1/image/108063380-17316154621731615458-37121898465-1080pnbcnews.jpg?v=1731615461&w=750&h=422&vtcrop=y)

Federal Reserve Chair **Jerome Powell** stated that the current strength in the U.S. economy allows the Fed to be **deliberate** in its decisions regarding interest rates. In a recent speech to business leaders in Dallas, he emphasized:  
> “The economy is not sending any signals that we need to be in a hurry to lower rates.”  

Powell described the domestic growth as **“by far the best of any major economy in the world.”** He acknowledged that while the **labor market** appears strong, the recent **disappointing job growth** in October was largely due to external factors such as storm damage and labor strikes, with nonfarm payrolls only increasing by 12,000.

Regarding inflation, Powell noted **progress** towards the Fed's **2% goal**, despite a slight uptick in consumer and producer prices. He stated:  
> “Inflation is running much closer to our 2 percent longer-run goal, but it is not there yet. We are committed to finishing the job.”  

The cautious tone from Powell resulted in a dip in **stocks** and a rise in **Treasury yields**, as traders adjusted their expectations for potential rate cuts in December.

Following a recent **quarter percentage point** cut, which brought the benchmark borrowing rate to a range of **4.5% to 4.75%**, Powell highlighted that the Fed’s focus is now on balancing **inflation control** with sustaining the labor market. He stated:
> “We want to go down the middle and get it just right so that we’re providing support for the labor market but also helping enable inflation to come down.”

The Fed continues to allow proceeds from its **bond holdings** to roll off its balance sheet without indication of when that process might conclude.

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

Jerome Powell: Why the Fed Is Taking Its Time on Interest Rate Cuts

### Market Overview

Signs of a **waning Trump-led rally** became apparent as investors assessed the economic outlook ahead of **Fed Chair Jerome Powell's** speech in **Dallas** at **3 p.m. ET**. The **inflation data** released over the last two days presented mixed signals: while **consumer prices** met expectations, **producer prices** slightly exceeded forecasts, indicating a year-over-year increase in October.

Despite these inflation reports, market confidence seems unshaken, with an **80% likelihood of a December rate cut** being priced in. By midday, major indices on **Wall Street** were in the red, with the **S&P 500** down **0.3%** and small-cap stocks trailing behind large-caps.

The **U.S. dollar index** saw a slight increase of **0.1%**, even as **Treasury yields** fell. Bonds outperformed equities, with the **iShares 20+ Year Treasury Bond ETF** climbing **1.2%**. In commodities, **gold** edged down **0.2%**, while **oil** rose **0.2%**. Notably, **Bitcoin** experienced a **1.8% drop**, stalling its recent rally.

### Thursday’s Performance In Major US Indices, ETFs

| Major Indices             | Price      | Chg % (1 day) |
|---------------------------|------------|----------------|
| **Dow Jones**             | 43,884.60  | -0.2%          |
| **Nasdaq 100**           | 20,986.66  | -0.2%          |
| **S&P 500**              | 5,969.78   | -0.3%          |
| **Russell 2000**         | 2,345.60   | -1.0%          |

*Updated at 12:55 p.m. ET*

According to **Benzinga Pro** data:
- The **SPDR S&P 500 ETF Trust (SPY)** fell **0.3%** to **$595.18**.
- The **SPDR Dow Jones Industrial Average (DIA)** eased **0.2%** to **$438.76**.
- The tech-heavy **Invesco QQQ Trust Series (QQQ)** slipped **0.4%** to **$510.28**.
- The **iShares Russell 2000 ETF (IWM)** tumbled **1%** to **$232.71**.
- The **Consumer Staples Select Sector SPDR Fund (XLP)** outperformed with a rise of **0.2%**, while the **Industrials Select Sector SPDR Fund (XLI)** lagged, down **1.5%**.

### Thursday’s Stock Movers
- **Walt Disney Co. (DIS)** rose **7%** after reporting better-than-expected quarterly results.

Other stocks responding to earnings reports included:
- **Cisco Systems Inc (CSCO)**, down over **2%**.
- **Brookfield Corp. (BN)**, up **0.9%**.
- **Talen Energy Corp. (TLN)**, up **0.9%**.
- **Nu Holdings Ltd. (NU)**, down **7.5%**.
- **Tetra Tech Inc. (TTEK)**, down over **10%**.
- **StandardAero Inc. (SARO)**, down **5.5%**.

Companies expected to report their earnings after Thursday’s close include **Applied Materials Inc (AMAT)**, **Globant S.A. (GLOB)**, **AST SpaceMobile Inc (ASTS)**, and **Post Holdings Inc (POST)**.

*Image: [Market News and Data brought to you by Benzinga APIs](https://www.benzinga.com/apis?utm_source=benzinga.com&utm_campaign=article-bottom)*

Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell&#8216;s speech in Dallas at 3 p.m. ET. 

Japanese Yen Collapse Could Lead to Bitcoin Adoption by Businesses

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Revolutionizing Sports: Russell Okung's Vision for a Bitcoin-Paid Football League

Massive BTC Sale by Bhutan and NFT Boom: What You Need to Know!

Jerome Powell: Why the Fed Is Taking Its Time on Interest Rate Cuts

Market Turmoil: Bitcoin Dips Below $90,000 as Investors Await Fed's Direction