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₼Japan and the United States bought yen together on 31 July 2026, their first coordinated yen-buying operation since June 1998, and the currency has since firmed from a 40-year low of 163.99 into the 155-156 area. This explainer sets out the three channels linking the yen to bitcoin: carry-trade unwind risk, yen-denominated repricing, and the dollar-weakness correlation that points the other way.
Coldcard’s RNG flaw exposed predictable Bitcoin seeds, showing why affected users may need fixed firmware and a fresh wallet.
A strong wave of expirations generated a heating of the currency market that forced the monetary authority to change its strategy.