Taiwanese investors borrow heavily to ride the TSMC-fueled AI stock rally

Taiwan’s heavy margin borrowing amid the AI stock rally risks market instability, potentially leading to a sharp correction if TSMC falters. The post Taiwanese investors borrow heavily to ride the TSMC-fueled AI stock rally appeared first on Crypto Briefing.
Starmer resigns as UK PM, Burnham likely successor in Labour leadership race

Starmer’s resignation reshapes UK politics, potentially stabilizing Labour with Burnham’s leadership, impacting future policy directions. The post Starmer resigns as UK PM, Burnham likely successor in Labour leadership race appeared first on Crypto Briefing.
European Union slaps €3 levy on cheap online purchases, targeting flood of Chinese imports

The EU’s levy could reshape e-commerce dynamics, pressuring Chinese platforms to adapt and potentially prompting further regulatory measures. The post European Union slaps €3 levy on cheap online purchases, targeting flood of Chinese imports appeared first on Crypto Briefing.
Japan’s 5-year bond auction demand falls below 12-month average as BOJ rate hike pressure builds

Weak bond demand amid BOJ rate hike pressures could destabilize global markets, affecting risk assets and potentially triggering liquidity shocks. The post Japan’s 5-year bond auction demand falls below 12-month average as BOJ rate hike pressure builds appeared first on Crypto Briefing.
Bithumb Expands Offerings — Canton Token Set for Listing
Bithumb, South Korea’s second-largest crypto exchange, has announced the listing of the Canton token in its Korean won market. This announcement comes with deposit openings scheduled within two hours, and trading is set to begin at 14:00 local time today, June 23, as highlighted in a recent tweet from WuBlockchain. Breaking It Down The Canton […]
Why Bitcoin Spot ETFs Just Faced Major Outflows
On June 22, Bitcoin spot ETFs experienced a notable outflow of USD 68.1757 million, according to data from SoSoValue. This contrasts sharply with Ark Invest and 21Shares’ ARKB, which saw a substantial inflow of USD 63.9991 million. This shift raises questions about investor sentiment and market dynamics in the cryptocurrency space, as reported by Wu […]
Japan’s 5-year bond yield rises to 2%, 2-year yield hits 1% as BOJ era of ultra-low rates fades

Japan’s bond yield rise signals a global shift from ultra-low rates, impacting international investment flows and risk asset valuations. The post Japan’s 5-year bond yield rises to 2%, 2-year yield hits 1% as BOJ era of ultra-low rates fades appeared first on Crypto Briefing.
China Bans Exports to 10 US Defense Firms Over Pentagon Military List
China cut off dual-use exports to 10 American defense and rare earth companies on June 22, escalating a tit-for-tat exchange with Washington over military-linked firm designations. The action followed the Pentagon’s recent expansion of its watch list of Chinese companies with alleged military ties, a list that now includes Alibaba and Baidu. 10 Companies Caught […]
Deutsche Bank cuts gold-price forecast by 22% amid US policy concerns

Deutsche Bank’s forecast cut signals broader market unease over US monetary policy, potentially diminishing gold’s safe-haven appeal. The post Deutsche Bank cuts gold-price forecast by 22% amid US policy concerns appeared first on Crypto Briefing.
Safaricom Teams With Chainalysis as AI Hunts Payments Linked to Illegal Wildlife Trade

Safaricom, along with major technology and cryptocurrency companies, including Chainalysis, has joined Prince William’s United for Wildlife taskforce to combat the $23 billion illegal wildlife trade. Squeezing the Financial Flows Kenyan telecom giant Safaricom has joined forces with a coalition of international technology, payments, and cryptocurrency firms to dismantle the financial networks driving the illegal […]