For the first time in 15 years, the interests of Washington and Tokyo have aligned.
On Friday, the NY Fed called the dealers asking for USD/JPY quotes.
This has a name: rate check.
Last warning before intervention.
The last time the US and Japan intervened TOGETHER in the exchange rate was after Fukushima, in 2011.
Why now?
Japan needs a strong yen to contain inflation. Trump needs low long yields to refinance the debt.
The two problems can be solved with the same solution: a weaker dollar.
The numbers:
→ $DXY below 96: lowest in 4 years → JGB 40 years: hit 4.24% last week: first time since 2007 → American shutdown: deadline 30/jan → Powell: replacement may be announced THIS WEEK
The math:
→ DXY plummeting = "Sell America" coming back strong → Every dollar asset needs to be repriced → Gold and silver at historical highs is not a coincidence
For Bitcoin:
Short term = risk. A too strong yen forces unwind of the carry trade.
Medium term = bullish.
Weak dollar = the scenario that justifies the original thesis of $BTC .
What to watch: → FOMC tomorrow → Chair appointment → DXY
Faith in the dollar as a global reserve is running out. Fast.
$SUI is officially evolving from a Layer 1 blockchain into a unified developer platform known as S2.
With protocol-level privacy now live and USDsui launching as the gasless stablecoin standard, the "Move" ecosystem is making traditional finance look like dial-up internet.
This isn't just a chain anymore; it's a decentralized development stack designed to onboard the next billion users without them ever knowing they're using a blockchain.