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Trump’s Tylenol Directive Could Actually Increase Autism Rates, Researchers Warn
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Trump’s Tylenol Directive Could Actually Increase Autism Rates, Researchers Warn

by admin September 24, 2025


For decades, the discussion around autism has been a hotbed of misinformation, misinterpretation, and bad science, ranging from the long-discredited link between the neurodevelopmental condition and vaccines, to newer claims that going gluten-free and avoiding ultra-processed foods can reverse autistic traits.

On Monday night, this specter arose again in the Oval Office, as President Donald Trump announced his administration’s new push to study the causes of autism with claims that the common painkiller Tylenol, otherwise known as acetaminophen, can cause the condition. The FDA subsequently announced that the drug would be slapped with a warning label citing a “possible association.”

David Amaral, professor and director of research at the UC Davis MIND Institute, was among those watching in dismay as the president launched into a diatribe about Tylenol, repeatedly warning pregnant women not to take it, even to treat fevers.

“We heard the president say that women should tough it out,” says Amaral. “I was really taken aback by that, because we do know that prolonged fever, in particular, is a risk factor for autism. So I worry that this admonition to not take Tylenol is going to do the reverse of what they’re hoping.”

The speculation surrounding Tylenol stems from correlations drawn by some studies that have touted an association between use of the painkiller and neurodevelopmental disorders. One such analysis was published last month. The problem, says Renee Gardner, an epidemiologist at the Karolinska Institute in Sweden, is that these studies often reach this conclusion because they don’t sufficiently account for what statisticians describe as “confounding factors”—additional variables related to those being studied that might influence the relationship between them.

In particular, Gardner points out that pregnant women needing to take Tylenol are more likely to have pain, fevers, and prenatal infections, which are themselves risk factors for autism. More importantly, given the heritability of autism, many of the genetic variants that make women more likely to have impaired immunity and greater pain perception, and hence use painkillers like acetaminophen, are also linked to autism. The painkiller use, she says, is a red herring.

Last year, Gardner and other scientists published what is widely regarded within the scientific field as the most conclusive investigation so far on the subject, one that did account for confounding factors. Using health records from nearly 2.5 million children in Sweden, they reached the opposite conclusion to the president: Tylenol has no link to autism. Another major study of more than 200,000 children in Japan, published earlier this month, also found no link.

Doctors are worried that Trump’s claims will have adverse consequences. Michael Absoud, a pediatric neurodisability consultant and a researcher in pediatric neurosciences at King’s College London, says he fears that pregnant women will start using other painkillers with a less well-proven safety profile.

Gardner is concerned that it will also lead to self-blaming among parents, a flashback to the 1950s and ’60s, a time when autism was wrongly attributed to emotionally cold “refrigerator mothers.” “It’s making parents of children with neurodevelopmental conditions feel responsible,” she says. “It harks back to the early dark days of psychiatry.”



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September 24, 2025 0 comments
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Temporary ‘Boost’ from DeFi Lender Morpho Behind Elevated USDC Lending Rates for Coinbase Users

by admin September 20, 2025



In brief

  • Coinbase unveiled a lending product this week offering “competitive yields.”
  • DeFi lender Morpho is currently subsidizing those rates.
  • A Coinbase employee acknowledged that it’s a marketing tactic.

A lending product unveiled by Coinbase that offers up to 10.8% returns on USDC deposits is receiving a temporary boost from DeFi lender Morpho.

On X, Coinbase Head of Consumer and Business Products Max Branzburg said on Thursday that around 6% of the product’s returns stem from activity that takes place on Morpho’s platform, while an additional 5% is being “boosted” by the protocol itself.

In a statement to Decrypt, a Coinbase spokesperson confirmed that Morpho is currently augmenting the lending product’s returns, but it declined to say whether the arrangement was the product of a deal, or when the effective subsidy could end.

“While the interest rate always fluctuates and will climb or dip naturally over time, the current yield is elevated by the Morpho boost,” they said. “Morpho frequently deploys incentives to drive activity in their ecosystem, and this is part of that broader motion.”

Decrypt has reached out to Morpho for comment.

When Coinbase unveiled the lending product on Thursday, many people wondered where its competitive yields came from, whether through memes or posing the question directly. The intrigue, in many ways, is the product of contagion among crypto lenders in 2022.

The advertised return for Coinbase’s product is not nearly as eye-popping as the 20% returns once offered by Anchor Protocol before Terra’s ecosystem went belly up in 2022. As companies like Coinbase lean into on-chain lending products under crypto-friendly lenders, the pause among some onlookers indicates bad memories haven’t been entirely forgotten.

A blog post introducing Coinbase’s new lending product makes no mention of Morpho’s subsidy, which Branzburg acknowledged is for marketing purposes on X. A Coinbase spokesperson noted that the exchange has a help page explaining that Morpho’s lending rates can vary.

Morpho, which exists on Ethereum and Coinbase’s layer-2 scaling network Base, allows users to create markets for overcollateralized loans that are separate and customizable. For its product, Coinbase said that a firm called Steakhouse Financial is curating the “vaults” that users deposit funds into, or managing risk and allocating USDC to different markets.

Decrypt has reached out to Steakhouse for comment.

The only vault on Morpho tied to Stakehouse that exists Base had $24 million in USDC deposits on Friday, according to Morpho’s website. The vault offered an annual percentage yield of 5.87%, and is currently collecting a 25% performance fee.

The vault’s funds were supplied to markets for borrowing wrapped versions of Bitcoin and Ethereum, including Coinbase’s cbBTC and cbETH products, as well as WETH and wstETH. Over 98% percent of the vault’s funds were dedicated to the market for lending cbBTC.

The Coinbase spokesperson confirmed to Decrypt that the vault is tied to its product.



In a blog post, Morpho said Coinbase’s lending product dovetails with the exchange’s second rollout of crypto-backed loans earlier this year, which are also powered by the DeFi lender. (Coinbase stopped issuing crypto-backed loans under its Borrow service in May 2023, not long after receiving an enforcement threat from the SEC.)

“The two offerings complement each other perfectly: lenders provide liquidity that directly fuels crypto-backed loans,” Morpho said.

Coinbase users can already earn passive rewards on USDC held within their accounts, topping out at 4.5% APY for customers of its subscription-based membership. The dollar-pegged token is backed by cash and U.S. Treasuries, like most other stablecoins.

Several banking groups have called stablecoin rewards a “loophole” under legislation that was recently passed in the U.S., demanding that it be changed. Yet others see the prospect of yields as important for stablecoins to see adoption amid a competitive market.

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September 20, 2025 0 comments
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Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What’s Next

by admin September 17, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Federal Reserve (Fed) announced its first interest rate cut of the year, leading to an immediate reaction in the cryptocurrency market. Bitcoin (BTC) experienced a notable decline, dropping below the $115,000 threshold shortly after the announcement. 

Expert Predicts Crypto Rally

Fed Chair Jerome Powell addressed the current economic landscape, noting that while inflation has eased significantly from its mid-2022 highs, it still remains elevated compared to the Fed’s long-term target of 2%. 

He also pointed out that there are increasing downside risks to employment in what he described as a less dynamic labor market. Looking ahead, Powell indicated that the Fed anticipates interest rates will settle between 3.5% and 3.75% by the end of 2025, a reduction of 0.50% from current levels. 

Additionally, he mentioned that the Federal Open Market Committee (FOMC) plans to implement two more rate cuts within this year.

Market expert Lark Davis took to social media platform X (formerly Twitter) to share his thoughts on the implications of the rate cuts. He stated that the easing of interest rates suggests that “the money printer is getting turned ON,” forecasting that cheaper capital would soon flow into the crypto market. 

Although Davis acknowledged the possibility of short-term dips, as evidenced by Bitcoin’s performance following the rate cut decision, he remains optimistic about a medium- to long-term rally for cryptocurrencies.

Will Rate Cuts Propel Bitcoin And Ethereum To New Heights Again?

Analysts at The Bull Theory supported this outlook in a previous analysis, explaining how lower interest rates enhance liquidity. They noted that reduced borrowing costs encourage both businesses and consumers to spend more, ultimately boosting economic activity. 

Drawing parallels to late 2024, after the Fed had begun its rate cuts, they highlighted how Bitcoin reached new all-time highs while Ethereum (ETH) surged past $4,000. This previous rally lasted approximately two months, suggesting that the current environment might lead to similar outcomes.

Despite the immediate volatility in the crypto markets, the analysts predict that smart money and market whales may attempt to shake out retail investors in the short term. However, they remain confident that, within a three- to six-month window, Bitcoin and other altcoins are likely to trade at much higher levels. 

The 1D chart shows BTC’s price reaction following the Fed’s rate cut decision. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 17, 2025 0 comments
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Fed cuts interest rates for first time in 2025
NFT Gaming

Fed cuts interest rates for first time in 2025

by admin September 17, 2025



The Federal Reserve has followed through with its widely expected decision, cutting rates by 25 basis points and leaving the door open for more cuts.

Summary

  • FOMC cut interest rates by 25 basis points, leaving the door open for more cuts
  • The decision, while widely expected, also carries an easing tone
  • Bitcoin and altcoins could react in a moderately

The Federal Reserve’s widely anticipated decision came on Wednesday, September 17. The Federal Open Market Committee decided to cut interest rates for the first time in 2025. Interest rates will go down by 25 basis points, as expected, from a range of 4.25%–4.50% to 4.00%–4.25%.

The Fed stated that it will leave the door open for more interest-rate cuts. However, Chair Jerome Powell did not commit to a clear path forward, including one that would commit the Fed to more easing. Instead, the central bank opted to retain its flexibility.

Still, the Fed chair highlighted rising concerns with employment and economic growth. This is a major shift in tone and potentially signals that the Fed could be more likely to lower interest rates in the future. Moreover, one member of the FOMC,, according to Bloomberg, dissented, wanting a 50-basis-point rate cut. While there is no official confirmation, the dissenter is likely Trump appointee Stephen Miran.

What the Fed decision means for Bitcoin and altcoins

Interest rates have a major effect on asset prices. Lower interest rates reduce the yields of fixed-income assets like bonds and Treasuries. At the same time, they reduce the cost of borrowing, making riskier assets more attractive. This includes Bitcoin and especially altcoins.

The Fed’s decision was widely anticipated, so it is not likely to have a major effect on crypto prices. Still, a more dovish tone on inflation and interest rates could push Bitcoin prices higher and boost altcoins even further.



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September 17, 2025 0 comments
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Bitcoin Steady as Fed Cuts Interest Rates for First Time Since December

by admin September 17, 2025



In brief

  • The Federal Reserve had kept interest rates unchanged since last December.
  • U.S. President Donald Trump has been hammering the Fed to cut rates.
  • Crypto and other assets typically benefit from rate cuts that increase financial liquidity.

The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent signs that the economy was faltering and needed a boost—and under relentless pressure from President Donald Trump.

Bitcoin and other major digital assets traded largely flat  in the immediate aftermath. The largest cryptocurrency by market capitalization was recently changing hands just above $116,000, up 0.2% over the past hour hours, according to crypto markets data provider CoinGecko. BTC rallied in recent days with investors possibly pricing in the anticipated decision.

Ethereum, the second-largest cryptocurrency by market value, was trading at $4,501, flat over the same period.

The Fed slashed the interest rate to a range between 4% and 4.25% after a downward revision in a Department of Labor report showing that the U.S had created 911,000 fewer jobs than initially reported for a year-long period ending in March, and other concerning economic signs.

Those seemed to outweigh the threat of inflation, which has risen to 2.9% on an annual basis, stubbornly above the bank’s longstanding 2% goal. The Fed has a dual mission to keep inflation low and ensure full employment.

Central bankers had kept rates unmoved over five meetings this year over inflation concerns, with Fed Chair Jerome Powell vowing after these decisions to remain data-driven in focus. The bank dropped rates a percentage point in three late 2024 rate cuts as prices slackened and raised expectations for additional cuts this year.

Fearful that his administration will be saddled with an economic cratering, Trump has hotly criticized the bank for not following through and looked to replace Fed governors with his own more dovish selections. On Tuesday, White House advisor Stephen Miran was sworn in to serve out the remaining four months of a term left open when Adriana Kugler resigned in August.

The same day, a federal appeals court blocked Trump’s firing of Fed governor Lisa Cook, whom he considered—possibly wrongly—of being an obstacle to a rate cut. By numerous accounts, Cook is considered less restrictive about monetary policy. Trump has also hotly criticized Powell.

The CME’s FedWatch tool, the widely watched measure of investor sentiment, forecast a 96% probability of a rate reduction in the days leading up to the decision.

Still, investors have been unbalanced by the White House-Fed feud and ongoing macroeconomic uncertainties, including Trump’s global trade war. Gold, the traditional safe haven asset, rose to a record high on Tuesday above $3,730. It is up more than 10% over the past month.



And a Myriad market found that nearly nine in 10 users expect the price of Bitcoin, which is often likened to gold, to remain above $105,000 throughout September.

(Disclosure: Myriad is a prediction market and engagement platform developed by Dastan, parent company of an editorially independent Decrypt.)

In her Crypto Is Macro Now newsletter, crypto markets researcher Noelle Acheson noted that updated projections showing end-of-year gains for unemployment and insurance and Powell’s comments about the Fed’s approach following Wednesday’s announcement could “encourage or spook” markets.

“He might studiously avoid saying anything at all, but that itself would be a signal. Or, he could hint that a new easing cycle has begun, with consecutive cuts in coming months. Or, he could reiterate the need to wait for more data on inflation and employment,” Acheson wrote. “As usual, his words will be parsed carefully for deviations from the expected tropes, and as usual, too much will be read into them.”

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September 17, 2025 0 comments
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HBAR price holds support at $0.21 as funding rates remains bullish
NFT Gaming

HBAR price holds support at $0.21 as funding rates remains bullish

by admin September 11, 2025



Hedera Hashgraph price has confirmed support at $0.21, sparking a bullish reaction backed by strong technical confluence and rising demand. With funding rates favoring long positions, the token shows signs of continuation.

Summary

  • $0.21 support confirmed with 0.618 Fibonacci, moving averages, and volume node confluence.
  • Higher lows and bullish structure remain intact.
  • Positive funding rates show strong demand for long positions.

HBAR’s (HBAR) price action has reaffirmed its bullish structure after defending a major high–time frame support zone. The convergence of multiple technical indicators at $0.21 has created a foundation that could sustain further upside momentum.

Market sentiment has been reinforced by rising open interest and favorable funding rates, highlighting continued appetite for long exposure. Adding to this optimism, SWIFT has begun testing XRP and HBAR as part of its efforts to enhance cross-border payment infrastructure, further validating HBAR’s long-term relevance.

HBAR price key technical points

  • $0.21 confirmed as major support: with confluence from 0.618 Fibonacci, moving averages, and high-volume node.
  • Higher lows continue to form: maintaining a bullish market structure.
  • Funding rates remain positive: indicating demand for long positions and sustained bullish sentiment.

HBARUSDT (1D) Chart, Source: TradingView

HBAR has established $0.21 as a decisive support zone, reacting strongly from this level with a clear bounce. The area is significant as it coincides with multiple technical signals, including the 0.618 Fibonacci retracement, moving averages, and the value area high of a major volume node. These convergences highlight the presence of strong institutional interest, making the region a key battleground for continuation. While price was recently rejected at $0.30, the $0.18 support order block remains intact, providing a bullish foundation for further upside potential.

This bounce has likely confirmed another higher low, reinforcing HBAR’s bullish trend of consecutive higher highs and higher lows. The persistence of this market structure signals that buyers remain in control, and the foundation for further upside has been established.

HBAR Postive Funding Rate, Source: Coinglass

Alongside the technical base, market sentiment indicators add weight to the bullish case. Open interest remains elevated, reflecting continued participation from traders who are positioning for further gains. At the same time, funding rates are positive, showing that long positions are outpacing shorts. This suggests traders are willing to pay a premium to maintain bullish exposure, a dynamic that often drives prices higher as demand strengthens.

From a structural perspective, this funding environment may also trigger a feedback loop. As longs dominate, shorts become more attractive, but if prices continue rising, short sellers are forced to close positions, which further fuels upward momentum. This type of squeeze dynamic could accelerate HBAR’s next leg higher.

What to expect in the coming price action

HBAR remains bullish above $0.21, with strong technical confluence and funding conditions favoring the upside. If buyers maintain control, the token could extend its trend of higher highs and higher lows, potentially targeting new resistance levels in the coming weeks.



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September 11, 2025 0 comments
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Pulisic rates 9/10 as Japan win gets USMNT back on track
Esports

Pulisic rates 9/10 as Japan win gets USMNT back on track

by admin September 10, 2025


Goals from Alejandro Zendejas and Folarin Balogun led the United States men’s national team to a 2-0 victory over Japan in a friendly at Columbus, Ohio’s Lower.com Field on Tuesday.

Following Saturday’s 2-0 loss to South Korea, the USMNT quickly bounced back with a more proactive attack through an experimental 3-4-3 formation. In a first half that included 63% possession, the home side created danger through high-pressing fullbacks Max Arfsten and Alex Freeman. After a clever dribble from Arfsten in the 30th minute, the 24-year-old launched a cross that found Zendejas, who impressively volleyed the ball into the back of the net.

The U.S. continued its attacking influence in the second half.

In 64th minute, the Americans doubled their lead after a pacey run from Christian Pulisic led to an assist for Balogun’s goal. Despite Japan shaking things up with second-half subs that wrestled back some of the momentum, the 2-0 result was cemented by the final whistle for the home team that had a late second wind in the dying minutes of the match.

Looking ahead in their ongoing World Cup preparation, coach Mauricio Pochettino and his U.S. roster will take part in friendlies next month against Ecuador on Oct. 10 and Australia on Oct. 14.

Manager rating (scale of 1-10)

Mauricio Pochettino, 8 — Credit where credit is due. Pochettino took a tactical gamble after not only ringing in five different changes from his previous XI but also testing out a 3-4-3 formation. Sure, it wasn’t perfect, there were some questionable defensive moments in the new setup and goalkeeper Matt Freese was kept fairly busy by Japan’s opportunities. Nonetheless, the overall performance is a step forward after the loss to South Korea.

– As the World Cup nears, does Pochettino know USMNT’s starting XI?
– USMNT Player Performance Index: Top 50 Americans ranked by club form
– Carlisle: USMNT loss to South Korea another misstep in World Cup prep

USMNT Player ratings (0-10; 10 = best; 5 = average)

GK Matt Freese, 9 — USA’s starting spot in net appears to be his to lose after earning a clean sheet thanks to his six saves. He fumbled the ball during one of those interventions, but it didn’t end up hurting the scoreline.

DF Tim Ream, 6 — An inconsistent but decent evening for the captain. While he was a vital distributor that was able to get forward, Ream also found himself losing aerial deals and occasionally chasing attacking players.

DF Chris Richards, 7 — Not bad from the Premier League player who added more confidence to the backline. Provided crucial interventions but also had some imprecise passes going forward.

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DF Tristan Blackmon, 6 — An improvement after his shaky debut last week. Although his decision-making may not be at an elite national team level, Blackmon still dished out some important clearances.

MF Max Arfsten, 8 — Looked much more comfortable in an advanced role. Wasn’t the strongest during defensive moments, but that may not matter much when you consider his attacking presence that created the assist for the first goal.

MF Cristian Roldan, 6 — A mixed bag from the central midfielder that was able to win back possession, but also didn’t regularly win his duels in the heart of the XI.

MF Tyler Adams, 7 — It wasn’t a vintage Adams performance, but it was still a big improvement from last week. Some crucial interventions in the midfield and plenty of accurate passing.

MF Alex Freeman, 7 — Granted, Freeman wasn’t superb defensively and could have done a better job with his distribution, but he should hold his head high with the ground he covered on the right flank and his overall involvement in the attack. A promising 90+ minutes.

FW Christian Pulisic, 9 — Roamed around, created his own opportunities with recoveries, dropped deep and then clinched the well-earned assist for Balogun’s goal.

Christian Pulisic, right, was among the USMNT’s best as Mauricio Pochettino’s men bounced back from Saturday’s loss against South Korea to defeat Japan 2-0. John Dorton/ISI Photos/USSF/Getty Images

FW Folarin Balogun, 8 — A clear upgrade over Josh Sargent. Balogun linked well with the frontline and created plenty of danger with his attacking presence. Briefly went quiet before scoring the second goal of the match.

FW Alex Zendejas, 9 — Zendejas dove into a tackle that earned a yellow card early on but quickly bounced back with his goal and clever movement in the final third. A statement performance from the highly involved Club America winger.

Substitutes (players introduced after 70 minutes get no rating)

FW Diego Luna, 8 — An energetic cameo from the young player that was a focal point in the buildup and almost earned an assist in the final minutes.

MF Jack McGlynn, 8 — Nearly scored twice, with the second shot rocketing off the crossbar.

MF Sergiño Dest, 7 — Provided the pass that led to McGlynn’s shot that hit the crossbar. Another player that could benefit from Pochettino’s change in formation.

MF Luca de la Torre, 7 — Accurate with his distribution and almost secured an assist from McGlynn’s first short-range opportunity.

FW Damion Downs, N/A — Subbed on in the 79th minute.

DF Nathan Harriel, N/A — Subbed on in the 84th minute.



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September 10, 2025 0 comments
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Yen-Backed Stablecoin Can’t Come at a Better Time as BOJ Seen Raising Rates

by admin August 31, 2025



One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat currencies.

The timing for this development couldn’t be better, as the Bank of Japan (BOJ) is widely expected to raise interest rates soon, a move likely to increase the appeal of both the yen and yen-backed assets.

Earlier this month, CoinDesk reported that Japan’s Financial Services Agency (FSA) is likely to approve the country’s first yen-denominated stablecoin as early as this fall. According to the report, Tokyo-based fintech firm JPYC plans to register as a money transfer business within the month and will spearhead the rollout of a JPY-pegged stablecoin, which will trade at a 1:1 ratio with the Japanese yen.

Stablecoins are cryptocurrencies that are pegged to an external reference, such as the U.S. dollar, euro, or yen. These tokens play a crucial role by facilitating capital transfers used for trading, investing, remittances, or international payments, all while bypassing the volatility typically associated with other cryptocurrencies.

JPYC is not alone in pursuing a yen-pegged stablecoin. Last week, Tokyo-based financial services company Monex Group announced that it is considering launching its own JPY stablecoin aimed at international remittances and corporate settlements. Oki Matsumoto, Chairman of Monex Group, told local media, “Issuing stablecoins requires significant infrastructure and capital, but if we don’t handle them, we’ll be left behind.”

BOJ rate hike

Both leading bankers and traders expect the BOJ to hike rates in the coming months, while the U.S. Federal Reserve is seen doing the opposite.

Hiroshi Nakazawa, head of Hokuhoku Financial Group, one of Japan’s largest regional banks by assets, said over the weekend that the BOJ could raise interest rates in either October or December, assuming “things go smoothly.”

Shares in Hokuhoku Financial Group have been the best-performing banking stocks this year, with prices rallying 90% to top the Topix banks index, which includes 70 lenders.

Nakazawa’s outlook aligns with the broader market consensus on upcoming rate hikes. According to Bloomberg Economics, the recently released Tokyo inflation report likely reinforced the BOJ’s view that consumer price momentum remains strong, on track to reach its 2% target. The team forecasts a 25 basis point rate hike at the BOJ’s October meeting.

The anticipated rate hike could prompt investors to move funds into JPY-backed stablecoins. Recall that the 2022 Fed rate hike cycle was seen as boosting demand for USD-pegged stablecoins, although the appeal of stablecoins was later temporarily dented by the Terra crash in May 2022.

The BOJ raised rates twice in recent years, from 0.1% to 0.25% in July last year and then another 25 basis point hike in January. Since then, the central bank has kept rates steady.

Japanese yields rise, BTC/JPY drops

Yields on longer-duration Japanese government bonds (JGBs), the third largest government debt market after the U.S. and China, have climbed to multi-decade highs, reflecting fiscal concerns and the strong expectation of an imminent BOJ rate hike.

For example, the 30-year JGB yield recently surged to a record high of over 3.2%, while the 10-year yield reached 1.64%, levels not seen since 2008, according to TradingView data.

Adding to the yen’s appeal is the narrowing gap between U.S. and Japanese 10-year yields, which has tightened to 2.62%, the lowest since August 2022. Because the USD/JPY exchange rate closely tracks this yield differential, a regression analysis by MacroMicro suggests the pair should trade around 144.43, compared to Friday’s level of approximately 147.00.

In other words, the regression analysis points to appreciation in the yen.

The strengthening yen and expected rate hikes also imply downside potential for BTC/JPY. The cryptocurrency pair listed on bitFlyer has already dropped 8% this month, hitting its lowest level since July 9. This recent sell-off has triggered a classic double top bearish reversal pattern on the daily chart.

Technical analysis using the measured move method suggests the double top breakdown could lead prices to fall to about 14,922,907 JPY. This target is calculated by subtracting the height between the two peaks and the interim trough from the trough low, indicating further downside risk for bitcoin priced in yen.



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August 31, 2025 0 comments
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Crypto Trends

8 Reasons Why the Fed Might Not Want to Cut Rates in September

by admin August 20, 2025



Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday.

Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano’s ADA slid 8% and the broader crypto market was down 3.2%.

Shares of crypto-related companies, such as bitcoin miners, crypto exchanges and digital asset treasury firms, suffered even bigger losses, with MARA, COIN and MSTR closing today’s regular session down 5.7%, 5.8% and 7.4%, respectively.

By contrast, in general, U.S. equities suffered less: the Dow ended flat, the S&P 500 fell 0.59%, and the Nasdaq slid about 1.5%. The disparity underscores how digital assets, which rely heavily on cheap liquidity, are more exposed to shifts in rate expectations than traditional stocks.

Investors now face a pivotal macro catalyst-heavy week.

On Aug. 20 at 2 p.m. ET, the Fed will release minutes from the FOMC meeting held July 29–30, offering insight into policymakers’ tariff and inflation debates. From Aug. 21–23, central bankers gather for the Jackson Hole symposium, with Powell’s keynote set for Aug. 22 at 10 a.m. ET. Together, the minutes and Powell’s speech could define market expectations for the September policy meeting.

Here are some top macro highlights traders will likely watch this week to gauge how the Fed will react during next month’s meeting.

Tariffs’ delayed bite

Many companies have absorbed tariff costs to protect market share, but analysts warn they cannot do so indefinitely. Once passed on to consumers, these costs could drive prices higher and force the Fed to wait before cutting.

Sticky inflation data

Despite some cooling, inflation gauges remain elevated. The producer price index, a key wholesale measure, has been hotter than forecast, suggesting persistent pressures that complicate any case for aggressive easing.

Corporate limits

U.S. executives have signaled they will eventually be forced to shift tariff costs downstream. If that happens, consumer inflation could accelerate in the coming months, making a September cut seem premature.

Mixed economic signals

The U.S. economy shows both slowing job growth and resilient consumer demand. This uneven picture could encourage Powell to argue for patience until the Fed has clearer evidence that growth can withstand tariff-driven costs.

Policy uncertainty

Tariffs intersect with fiscal and trade policies in unpredictable ways. That complexity increases the risk of missteps, making a hawkish tone at Jackson Hole more likely.

Lessons from history

The tariff shocks of 2018–2019 produced delayed but meaningful inflation, prompting Fed caution. Powell may draw on that precedent to justify holding back this time.

Forward-looking indicators

The upcoming release of fresh economic data, including Thursday’s release of preliminary August data on manufacturing and services activity, could show tariff-related cost pressures building. Powell could point to these as another reason for prudence.

Internal divisions

Minutes from the July FOMC meeting may reveal a split inside the Fed. With hawks focused on inflation and doves emphasizing jobs, Powell may stress the need for consensus, which often favors waiting.

For crypto, the stakes are clear. Higher-for-longer rates curb the liquidity that fuels speculative rallies, raising financing costs for miners and weighing on exchange activity. If Powell signals caution, the sell-off in tokens and crypto-linked equities could deepen. A dovish surprise, however, might offer the spark for a rebound.



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August 20, 2025 0 comments
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Recent Posts

  • Battlefield 6 review – the best entry in ages, when it’s actually being Battlefield
  • ASUS TUF Gaming Laptop (NVIDIA RTX 4050) Still at an All-Time Low With Hundreds Off, but Returning to Full Price Soon
  • Absolum Review – A Sleeper Hit
  • Little Nightmares 3 review | Rock Paper Shotgun
  • Heart Machine ends development on Hyper Light Breaker mere months after it entered early access

Recent Posts

  • Battlefield 6 review – the best entry in ages, when it’s actually being Battlefield

    October 9, 2025
  • ASUS TUF Gaming Laptop (NVIDIA RTX 4050) Still at an All-Time Low With Hundreds Off, but Returning to Full Price Soon

    October 9, 2025
  • Absolum Review – A Sleeper Hit

    October 9, 2025
  • Little Nightmares 3 review | Rock Paper Shotgun

    October 9, 2025
  • Heart Machine ends development on Hyper Light Breaker mere months after it entered early access

    October 9, 2025

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Battlefield 6 review – the best entry in ages, when it’s actually being Battlefield

    October 9, 2025
  • ASUS TUF Gaming Laptop (NVIDIA RTX 4050) Still at an All-Time Low With Hundreds Off, but Returning to Full Price Soon

    October 9, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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