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26 Mar 2026, 18:34
Bitcoin ETF Inflows Shift 2026 Outlook After March Reversal

March brought significant inflows to Bitcoin ETFs, reversing previous months’ withdrawals. Fund holdings nearly returned to early-year levels after recouping a large amount of Bitcoin. Continue Reading: Bitcoin ETF Inflows Shift 2026 Outlook After March Reversal The post Bitcoin ETF Inflows Shift 2026 Outlook After March Reversal appeared first on COINTURK NEWS .
26 Mar 2026, 18:33
Bitcoin ETFs Narrow 2026 Outflows After March Inflow Surge

Bitcoin ETFs ended a four-month streak of net outflows with March’s strong buying. CryptoQuant data showed reaccumulation brought ETF balances near January levels. Continue Reading: Bitcoin ETFs Narrow 2026 Outflows After March Inflow Surge The post Bitcoin ETFs Narrow 2026 Outflows After March Inflow Surge appeared first on COINTURK NEWS .
26 Mar 2026, 18:32
Bitcoin ETFs See Sharp March Turnaround After Extended Withdrawal Trend

Bitcoin ETFs saw strong March inflows after four months of persistent outflows. Recent activity brought ETF holdings close to their starting positions for the year. Continue Reading: Bitcoin ETFs See Sharp March Turnaround After Extended Withdrawal Trend The post Bitcoin ETFs See Sharp March Turnaround After Extended Withdrawal Trend appeared first on COINTURK NEWS .
26 Mar 2026, 18:30
Bank of France repatriates 129 tons of gold from the United States

France has gradually repatriated well over 100 tons of gold it had stored in the United States over the past several months. What’s more, the French central bank made over a dozen billion euros by converting its old bullion held in New York into newer ones now kept in Paris. France brings back gold reserves from America France’s monetary authority confirmed this week that it had completed the withdrawal of 129 metric tons of gold previously held with the U.S. Federal Reserve. The repatriation of precious metals from the Fed vaults is part of a strategy to improve the quality of France’s gold holdings. The Bank of France has been working to align its reserves with modern international standards, replacing older bars with new ones that meet a purity standard of 99.5%. Rather than refining or transporting the original stock, which would have incurred additional costs, the central bank opted for an arbitrage operation, Journal du Coin reported Wednesday. It sold the reserves it had across the Atlantic and almost immediately purchased gold of a higher standard on the European market, the crypto news outlet explained in an article. This was done through over two dozen transactions, carried out between July 2025 and January 2026, the bank unveiled a day earlier. The conversion has not changed the volume of France’s reserves, which currently stand at about 2,437 tons. The 129 tons account for approximately 5% of the total, as noted by Reuters. However, the gold is now in Paris, not New York. Commenting on the decision, Governor François Villeroy de Galhau ruled out any political motive and highlighted technical and liquidity reasons, pointing out that gold of a higher standard is traded in Europe. The new bars are stored in the La Souterraine underground vault, deep beneath the Bank of France headquarters in the French capital, which holds the world’s fourth-largest gold reserve . Banque de France returns to profit thanks to gold move Amid record-high gold prices , the repatriation proved quite profitable for the Bank of France , which registered capital gains amounting to €12.8 billion (nearly $15 billion). Thanks to the operation, the monetary authority managed to return to a net profit of €8.1 billion for the fiscal year 2025, after registering significant losses the previous year. While the transaction has not changed the quantity of physical gold held by the regulator, it has improved the quality of the assets on its balance sheet. Its management describes it as transforming a latent capital gain into accounting profit, while securing the liquidity of France’s national reserves. The French central bank intends to continue with the standardization of its reserves as it still holds around 134 tons of gold in the form of old coins and ingots. The process should be finalized by 2028. News of the completion of the latest operation comes as Villeroy de Galhau prepares to step down in June, after more than a decade at the helm of one of Europe’s most important central banks. France repatriated most of its gold reserves from the vaults of the U.S. Federal Reserve and the Bank of England, over 3,300 tons, between 1963 and 1966. Then, President Charles de Gaulle feared the deficit in America’s balance of payments would undermine the Bretton Woods system and devalue the Greenback against the precious metal. In January, a prominent German member of the European Parliament urged Berlin to pull its gold from the United States, citing Washington’s “unpredictable” policies under President Trump. The Bundesbank still keeps 1,236 tons of gold, or 37% of the Federal Republic’s total holdings, at the U.S. Federal Reserve in New York. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
26 Mar 2026, 18:30
USD/JPY Soars: Currency Pair Extends Critical Gains Above 159.50 Amid Intense Risk-Off Sentiment

BitcoinWorld USD/JPY Soars: Currency Pair Extends Critical Gains Above 159.50 Amid Intense Risk-Off Sentiment The USD/JPY currency pair has decisively broken through a significant psychological barrier, extending its gains firmly above the 159.50 level as global markets shift into a pronounced risk-off mode. This surge, observed in early Asian trading on June 25, 2025, represents the pair’s highest valuation in over three decades and signals a powerful confluence of macroeconomic forces. Consequently, traders and analysts are scrutinizing the move for its implications on global trade, monetary policy divergence, and investor sentiment. The relentless ascent underscores the US dollar’s haven appeal against a backdrop of geopolitical uncertainty and shifting interest rate expectations. USD/JPY Extends Historic Gains Above Key Technical Level The USD/JPY’s climb past 159.50 marks a continuation of a multi-month bullish trend. This level previously acted as a formidable resistance point during intervention scares in 2024. Market technicians note that a sustained break above this handle opens the path toward the 160.00 and 162.00 psychological levels. The move is characterized by strong momentum, with the pair appreciating over 2% in the past week alone. Furthermore, trading volumes in the Asian session have been notably elevated, indicating institutional participation. Several key technical indicators confirm the bullish structure. The 50-day and 200-day simple moving averages maintain a steep upward slope, providing dynamic support. Additionally, the Relative Strength Index (RSI) remains in bullish territory, though approaching levels that some may consider overbought. However, in strong trending markets, the RSI can remain elevated for extended periods. The price action clearly reflects a market driven by fundamental catalysts rather than short-term technical corrections. Analyzing the Momentum Behind the Breakout Chart analysis reveals consistent buying pressure with each minor dip being aggressively purchased. This behavior is classic in a risk-averse environment where the US dollar benefits from safe-haven flows. The breakout was preceded by a period of consolidation between 158.00 and 159.30, which built energy for the upward thrust. Market structure now suggests that 159.00 has transitioned from resistance to a new layer of support. Observers will watch for a daily close above 159.50 to confirm the breakout’s validity and assess the next technical targets for the currency pair. The Core Drivers of Intense Risk-Off Sentiment Risk-off sentiment, a market condition where investors flee risky assets for safer ones, is the primary engine behind the USD/JPY’s latest leg higher. This sentiment shift stems from multiple, concurrent global concerns. First, renewed tensions in key geopolitical flashpoints have prompted a flight to safety. Second, disappointing macroeconomic data from major economies outside the US has fueled fears of a synchronized slowdown. Third, volatility in global equity markets has triggered deleveraging activities, forcing investors to unwind carry trades funded in Japanese yen. The Japanese yen traditionally weakens during risk-off episodes due to its status as a funding currency for carry trades. In a carry trade, investors borrow in a low-yielding currency like the JPY to invest in higher-yielding assets elsewhere. When market stress rises, these trades are reversed, requiring the repurchase of yen. However, the current dynamic is overpowered by the sheer magnitude of US dollar demand. The dollar’s dual appeal—from both its high yield relative to the yen and its safe-haven status—creates a uniquely powerful bullish mix for USD/JPY. Geopolitical Uncertainty: Escalating conflicts and trade disputes are pushing capital into perceived safe havens. Divergent Growth Outlooks: The US economy shows relative resilience compared to peers in Europe and Asia. Equity Market Volatility: A sharp sell-off in global stocks has accelerated the unwind of yen-funded positions. Monetary Policy Divergence: Fed vs. Bank of Japan The fundamental bedrock of the USD/JPY rally remains the stark divergence in monetary policy between the Federal Reserve and the Bank of Japan (BoJ). While the Fed has maintained a restrictive stance with interest rates in a 5.25%-5.50% range to combat inflation, the BoJ has only cautiously exited its negative interest rate policy (NIRP). The BoJ’s benchmark rate remains near zero, and its yield curve control (YCC) framework, though loosened, continues to cap Japanese Government Bond (JGB) yields. This policy gap creates a massive interest rate differential, making the US dollar vastly more attractive for yield-seeking investors. Recent commentary from Federal Reserve officials has leaned hawkish, suggesting rates will stay “higher for longer” than markets previously anticipated. Conversely, BoJ Governor Kazuo Ueda has consistently communicated a patient and gradual approach to further policy normalization, wary of derailing Japan’s fragile economic recovery. This communication solidifies the yield advantage for the dollar, a primary driver of capital flows. Central Bank Policy Stance (June 2025) Key Interest Rate Primary Focus US Federal Reserve Restrictive / Hawkish 5.25% – 5.50% Controlling Inflation Bank of Japan Accommodative / Dovish 0.0% – 0.1% Supporting Wage Growth Market Interpretation of Central Bank Signals Financial markets are pricing in a sustained period of wide rate differentials. Swaps markets indicate less than two full 25-basis-point rate cuts from the Fed are expected before the end of 2025. Meanwhile, expectations for a follow-up BoJ rate hike have been pushed further into the future. This repricing directly benefits the US dollar against the yen. Analysts note that until the BoJ signals a more urgent tightening cycle or the Fed pivots decisively toward easing, the fundamental backdrop will continue to support USD/JPY strength. Potential for Japanese FX Intervention The rapid depreciation of the yen inevitably raises the specter of currency intervention by Japanese authorities. The Ministry of Finance (MoF) and the BoJ intervened in 2022 when USD/JPY approached 152.00, spending over $60 billion to support the yen. Officials have recently intensified their verbal warnings, labeling the current moves as “speculative,” “excessive,” and “not reflecting fundamentals.” This rhetoric is a standard precursor to potential action. However, intervention is a complex tool with uncertain outcomes. Its success often depends on aligning with the broader fundamental trend. While intervention can cause sharp, short-term reversals, it rarely reverses a dominant trend driven by policy divergence. Furthermore, the political and diplomatic costs of intervention are higher when the US Treasury is focused on its own currency priorities. Markets are therefore weighing the risk of a tactical intervention around the 160.00 level against the powerful fundamental currents pushing the pair higher. Global Economic Impact and Market Implications The sustained strength in USD/JPY carries significant implications for the global economy. For Japan, a weaker yen is a double-edged sword. It boosts the profitability of major exporters like Toyota and Sony by making their goods cheaper overseas. Conversely, it dramatically increases the cost of imported energy and food, squeezing household budgets and contributing to domestic inflation. For the United States, a strong dollar makes exports more expensive, potentially widening the trade deficit. Across broader financial markets, the move influences asset allocation. A high USD/JPY level pressures other Asian currencies, forcing regional central banks to consider defensive measures. It also affects global commodity prices, which are predominantly dollar-denominated. For multinational corporations, currency translation effects on overseas earnings become a critical factor in quarterly results. The currency pair’s trajectory is now a key barometer for global risk appetite and capital flow directions. Conclusion The USD/JPY currency pair’s extension above 159.50 is a definitive signal of intense risk-off sentiment and entrenched monetary policy divergence. This move, driven by the US dollar’s safe-haven appeal and substantial yield advantage, presents complex challenges for policymakers and global markets. While the threat of Japanese intervention creates near-term volatility, the fundamental backdrop of Fed hawkishness and BoJ caution suggests the underlying trend may persist. Consequently, traders, corporations, and economists will closely monitor this critical currency pair as a leading indicator of global financial stress and economic alignment. FAQs Q1: What does “risk-off” mean in forex markets? A1: “Risk-off” describes a market environment where investors become cautious and seek safety. They typically sell riskier assets like stocks and commodities and buy perceived safe-haven assets. In forex, this often benefits currencies like the US dollar and Swiss franc, while pressuring funding currencies like the Japanese yen. Q2: Why is the USD/JPY pair so sensitive to interest rate differentials? A2: USD/JPY is highly sensitive because of the vast difference in interest rates set by the Federal Reserve and the Bank of Japan. This differential influences “carry trades,” where investors borrow low-yielding yen to invest in higher-yielding US dollar assets. Wider differentials make this trade more profitable, increasing demand for dollars and selling pressure on yen. Q3: At what level might Japan intervene to support the yen? A3: While there is no official threshold, analysts watch the 160.00 level as a key psychological point where intervention risk increases significantly. Japanese authorities consider the speed of the move and whether it is driven by speculation versus fundamentals. Their 2022 intervention occurred near 152.00, but current fundamentals are more extreme. Q4: How does a weak yen affect the Japanese economy? A4: A weak yen boosts exports by making Japanese goods cheaper for foreign buyers, helping large manufacturers. However, it also makes vital imports like oil, gas, and food much more expensive, raising costs for businesses and consumers and fueling inflation, which has been a persistent challenge for Japan’s economy. Q5: What other currency pairs are affected by this risk-off move? A5: Similar dynamics often play out in other pairs where the US dollar is the quote currency. For instance, USD/CHF (US Dollar/Swiss Franc) may also rise on safe-haven flows, while AUD/USD (Australian Dollar/US Dollar) and NZD/USD (New Zealand Dollar/US Dollar) often fall as these are considered riskier, commodity-linked currencies. This post USD/JPY Soars: Currency Pair Extends Critical Gains Above 159.50 Amid Intense Risk-Off Sentiment first appeared on BitcoinWorld .
26 Mar 2026, 18:30
Altcoins are taking widely diverging paths, with OI around $14 billion

Altcoins are taking widely diverging paths. Some assets invite concentrated short positions, while others are longed, in expectation of a breakout. Altcoins are still inviting risky traders to take strong directional bets. According to Alphractal data , there are clear-cut categories of altcoins with minimal long/short ratios and a predominance of short positions. The most shorted token is BNX, followed by EDGE, NIGHT, OPN, ESP, BERA, and others. Those tokens belong to almost inactive projects and are down more than 99% from their peak, with illiquid trading. The major risk for those tokens is that short positions may be liquidated by deliberate targeting. Most of the shorted tokens show overall bearish signals, making traders confident in shorting. Which altcoins show a predominance of long positions? Chain Opera AI (COAI) is the most longed token according to Alphractal. Over 83% of COAI traders took up long positions, with most of the open interest on Binance. Overall open interest on COAI was just $6.3M, as with other tokens, expecting a breakout. Other tokens include examples from previous hype cycles, such as the meme token CHILLGUY, the AI agent token ZEREBRO, and even the gaming token MAVIA. Just like the shorted tokens, those assets were trading near all-time lows, expecting an eventual breakout. Long positions may face smaller risks, as the assets have mostly traded sideways over the past months. For altcoins as a whole, long liquidations still dominate, due to the overall bearish trend with no relief rallies. Most of the altcoin long liquidations are happening on Binance, which has listed the latest wave of assets. Altcoin interest as a whole remains low Altcoin open interest has not recovered from the October 2025 drop. Overall open interest peaked at around $38B, before tanking to the current levels of $12B-$14B. Open interest for all assets excluding BTC and ETH remained at $14B, down from a local peak of $38B in early October 2025. | Source: Coinalyze This level of open interest is the lowest since the summer of 2025, though not the lowest in history. Some traders are still tracking older projects, expecting eventual new developments. Altcoins still have under 20% market cap dominance, as the market shifted to BTC. Despite this, selected markets remain highly active. Some assets are viewed with caution, as the speculative trading leads to elevated volatility, with the potential for insider price moves or deliberate pumps. The altcoin market also changed its profile, with more numerous listings , but lower overall value. The consensus is that some tokens may never return, due to a loss of liquidity. Despite this, altcoin open interest is still not down to all-time lows, retaining a relatively high baseline. Trader behavior with altcoins shows the crypto market is still chosen for risky directional bets, though most are happening in the background, and the main focus is on Bitcoin. As of March 26, the altcoin season index moved up to 51 points , with almost a perfect balance between BTC and other assets. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.









































