The post Bitcoin Under Pressure As Yen Carry Trade Unwind Hits Markets appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has beenThe post Bitcoin Under Pressure As Yen Carry Trade Unwind Hits Markets appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been

Bitcoin Under Pressure As Yen Carry Trade Unwind Hits Markets

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it’s a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

Source: https://www.newsbtc.com/bitcoin-news/bitcoin-pressure-yen-carry-trade-unwind/

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.0702
$0.0702$0.0702
-0.22%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top Crypto Presale: How $BFX could turn $10,000 to $541,666 at $0.024

Top Crypto Presale: How $BFX could turn $10,000 to $541,666 at $0.024

In crypto, timing is everything. Thousands of investors still kick themselves for not joining the right presales early enough ,  the missed opportunities of Shiba Inu, Solana, and early Ethereum haunt the market. But now, history may be repeating itself with BlockchainFX (BFX). With nearly 10,000 participants already on board and 95% of its softcap
Share
Coinstats2025/09/19 07:30
Kalshi outpaces Polymarket after pair feature in South Park episode

Kalshi outpaces Polymarket after pair feature in South Park episode

The post Kalshi outpaces Polymarket after pair feature in South Park episode appeared on BitcoinEthereumNews.com. Crypto prediction market Kalshi pulled in nearly $1.3 million more than its biggest rival Polymarket after they both launched trades based on an episode of controversial animation South Park featuring the pair. Kalshi had $1.5 million in volume on its “What will the South Park characters say?” market while Polymarket had a more modest $203,000 on markets speculating about what would be said and which of the show’s characters would trade. The episode in general poked fun at the absurdity of prediction markets, with platforms taking bets on whether or not central character Kyle Broflovski’s Jewish mother would strike Gaza and bomb a Palestinian hospital.  Another of the main characters, Cartman, bets that Kyle’s mother won’t bomb a hospital, but convinces everyone that she will so that the potential profits of his “no” bet increase. This market manipulation was called out by Stan, who described it as an illegal conflict of interest.  The episode poked fun Donald Trump Jr, showing him in an advisory role with both prediction markets. It also took a swipe at the perceived power the Trump administration exerts over regulatory bodies, with Trump Jr depicted as having an advisory role with Israel, being on the Commodity Futures Trading Commission and the Federal Communications Commission, and holding significant sway in the White House.  For their part, Polymarket and Kalshi, took the episode in good humor, treating it as free promotion. Indeed, Polymarket CEO Shayne Coplan described seeing his company on the show as “surreal,” while Kalshi CEO Tarek Mansour noted the episode “even got the referral bonus right.” Read more: Crypto traders ‘talking to lawyers’ over Polymarket’s Zelenskyy suit bet During the episode, South Park’s Fox News anchors describe the prediction markets as a loophole around gambling laws. Meanwhile, crypto journalist Molly White has previously highlighted how…
Share
BitcoinEthereumNews2025/09/26 01:14
Zoetis to Participate in the 44th Annual J.P. Morgan Healthcare Conference

Zoetis to Participate in the 44th Annual J.P. Morgan Healthcare Conference

PARSIPPANY, N.J.–(BUSINESS WIRE)–$ZTS #animalhealth—Zoetis Inc. (NYSE:ZTS) will participate in the 44th Annual J.P. Morgan Healthcare Conference on Monday, January
Share
AI Journal2025/12/18 21:36