Past yen shocks were followed by BTC dropping 30% before rebounding more than 100%, a pattern traders are watching as talk of Japan's intervention returns. Bitcoin (BTC) may face another sharp sell-off if growing talk of a Japanese yen (JPY) intervention turns into action, with past intervention episodes coinciding with 30% drawdowns in BTC price. Key takeaways: Past Japanese yen shocks saw BTC drop about 30%, and then recover by over 100%. Read more
Crypto ETPs reversed course last week, with outflows led by Bitcoin and Ether as bearish sentiment outweighed inflows into altcoins such as Solana. Crypto investment products reversed course last week from solid inflows to one of the largest outflow weeks on record amid persistent bearish market sentiment. Crypto exchange-traded products (ETPs) saw $1.73 billion of outflows during the week, the biggest since mid-November 2025, CoinShares reported on Monday. “Dwindling expectations for interest rate cuts, negative price momentum and disappointment that digital assets have not participated in the debasement trade yet have likely fuelled these outflows,” said CoinShares’ head of research, James Butterfill. Read more
Bitcoin price analysis forecasts a long-term BTC price bottom in the coming days as geopolitics and macroeconomic mayhem seize markets. Bitcoin (BTC) heads into the January close in dangerous territory as macro volatility factors ramp up. Bitcoin closes the week below key support in a move that opens the door to new lows. FOMC week dawns, but markets are focused on Japan, tariffs and geopolitical instability. Read more
Japanese Bitcoin treasury company Metaplanet has hiked its 2025 revenue and profit guidance, forecasting a near doubling of sales in 2026 as its BTC income and treasury strategy scale up. Tokyo‑listed Bitcoin treasury company Metaplanet raised its 2025 revenue and operating income forecasts and flagged a large non‑cash Bitcoin write‑down, while sharply increasing guidance for 2026. The company now expects 2025 revenue of 8.905 billion Japanese yen (about $58 million) and operating income of $40 million, according to a Monday notice. Despite an improved operating outlook, Metaplanet forecasts an ordinary loss of $632 million and a net loss of $491 million. Both figures are driven by a Bitcoin impairment loss of about $680–$700 million, which is a non‑cash write‑down of the value of its Bitcoin (BTC) holdings at year‑end prices. Read more
Matcha Meta urged users to revoke one-time approvals for SwapNet’s router contract after a smart-contract vulnerability saw as much as $16.8 million stolen on the Base blockchain. Decentralized exchange (DEX) aggregator Matcha Meta suffered a security breach on Sunday through one of its primary liquidity providers, SwapNet, in the latest cyberattack tied to exploiting smart-contract vulnerabilities. Matcha Meta disclosed the breach in a post on X on Sunday, warning that users who had previously granted token approvals to SwapNet’s router contract may be at risk. The protocol urged users to immediately revoke all approvals granted to SwapNet’s router contract to prevent further losses. Estimates of the stolen funds vary. Blockchain security company CertiK said about $13.3 million was taken, while PeckShield said at least $16.8 million was stolen on the Base network. Read more
South Korean crypto exchange Coinone has reportedly begun selling major shareholder stakes, with Coinbase rumored to be eyeing a strategic entry. Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by chairman Cha Myung-hoon, who controls 53.4% of the company, local news agency Seoul Economic Daily reported on Sunday. “We are discussing partnerships, including equity investments, with overseas exchanges and domestic financial institutions,” Coinone confirmed to the outlet, adding that no final decision has been made. Read more
Japan’s financial regulator is weighing rule changes that could allow crypto assets to qualify for ETFs, signaling a possible shift in retail access. Japan’s financial regulator is weighing potential rule changes that could pave the way for cryptocurrency exchange-traded funds (ETFs), with local media reporting that 2028 is being discussed as an early target. According to a report by Nikkei, citing people familiar with the matter, Japan’s Financial Services Agency plans to amend its regulatory framework to allow crypto to be included as eligible ETF assets alongside stronger investor-protection mechanisms. Major financial groups, including Nomura Holdings and SBI Holdings, are among the first companies expected to develop crypto-linked ETF products, Nikkei reported. Read more
Binance co-founder Changpeng Zhao says Binance doesn’t need a “backseat driver,” even though he says his pardon from Donald Trump could allow him to. Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible. Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the pardon means the former restrictions “are completely lifted,” but shot down any suggestions of going back to Binance. “I haven't really needed to go back. I didn't really want to. I thought it was a pretty good way for me to step down, away from Binance after seven years,” he said. Read more