Trader 0x914b lost $471K shorting 14,976 $ETH($40.97M) and then flipped to long.He opened a 25x...
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Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses
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Ether's bitcoin-beating Q3 rally came with a catch. Liquidity thinned.
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Payward Partners with Singapore Gulf Bank for 24/7 Digital Asset Settlement Services
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Data: HYPE Spot ETF saw net inflow of $3.306 million last week
XRP spot ETFs saw net inflows of $4.7439 million last week
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Bank of Japan Increases Benchmark Interest Rate to 1.25%
The Bank of Japan (BOJ) has raised its benchmark interest rate by 25 basis points to 1.25%, marking the highest level since April 1995. This decision, made on September 18, 2026, was approved by a 7-2 vote under Governor Kazuo Ueda, who cited persistent inflation risks driven by rising global energy prices and a weakening yen as key factors influencing the move.
This rate hike follows a previous increase to 1% in June 2026, which was significant as it was the first time Japan's policy rate had surpassed the 1% mark in decades. The BOJ aims to stabilize inflation around its 2% target, but ongoing inflationary pressures, particularly from energy costs exacerbated by geopolitical tensions in the Middle East, have complicated this goal. The weak yen has further increased import costs, affecting consumer prices across various sectors.
Despite the rate increase, the yen weakened to approximately 157 per dollar following the announcement, indicating skepticism in the markets regarding the BOJ's strategy. Even with the new rate, Japan's benchmark rate remains significantly lower than those of the Federal Reserve and the European Central Bank, which continues to position the yen as a funding currency for carry trades.
Source: KLEA News