Bank of America Global Research: Expect the Bank of Japan to raise interest rates by 25 basis points in April

Non-farm payrolls may unexpectedly increase by only 70,000! White House: It's not an employment recession, but a productivity revolution

White House Chief Kevin Hassett states that future employment may decline due to slower labor force growth and increased productivity. From November to December, the average non-farm payroll increase was 53,000 per month, far below the pre-pandemic average of 183,000. He emphasizes that the economy is not weak, and tighter immigration combined with rising productivity allows growth even with limited labor force. The January forecast is an increase of 70,000. Powell says that demand and supply are declining simultaneously, making it very difficult to interpret at present.

Trump TACO Trading Bubble Bursts! Bitcoin Once Dropped to $60,000, Federal Reserve Warnings Ring Out

Federal Reserve Board Governor Christopher Waller stated on February 9 that recent sharp fluctuations in Bitcoin indicate that the TACO trading frenzy that occurred when the Trump administration took office has subsided. Bitcoin fell to $60,000 on February 5, nearly erasing the gains since Trump's election. Waller pointed out that the surge in volatility is driven by regulatory uncertainty and institutional risk management, with companies entering through ETFs being forced to close positions.

Bitcoin's year-end target price is 150,000! Bernstein: No large-scale leverage collapse has occurred

Research firm Bernstein maintains its Bitcoin forecast of $150,000 by the end of 2026, stating that the current dip is the least threatening downturn in trading history. The analyst team pointed out that recent weakness stems from a shift in market sentiment rather than a fundamental collapse, and this sell-off has not seen leverage crashes, exchange failures, or systemic vulnerabilities. Institutional support remains solid, with participation from spot ETFs, corporate finance, and mainstream asset management firms unchanged. Miner debt structures are healthy enough to withstand a prolonged downturn.

Why did Bitcoin drop today? Long-term holders sold 245,000 BTC, and the rate cut policy before non-farm payrolls remains uncertain.

Bitcoin reported $70,000 on February 10, and remains in a sluggish trend. Long-term holders' net positions decreased by 245,000 BTC, but the total supply increased from 13.63 million to 13.81 million, indicating reallocation. On February 6, 66,940 BTC flowed into accumulated addresses, reaching the weekly maximum, indicating whale accumulation. The Sharpe ratio of -10 hits a new low, consistent with the late bear market.

"Takashi Trade" Sparks Market! Yen Plummets to 157.5, Stock Market Soars, Bonds Collapse

Sanae Takashi's Liberal Democratic Party (LDP) has secured an over two-thirds supermajority in the House of Representatives, marking a historic turning point in Japanese politics. The market bets that Takashi's policies will drive expansionary fiscal measures, leading the yen to weaken against the US dollar to the 157.50 range. The Japanese stock market benefited from policy tailwinds and surged strongly, while the bond market was pressured by expectations of fiscal expansion. This victory not only consolidates Takashi's ruling position but also signals Japan's move toward an economic path characterized by large-scale borrowing to support public spending.

Japan's Iron Lady, Sanae Takaichi, wins big! Will the 55% heavy tax on cryptocurrencies come to an end?

Japanese Prime Minister Sanae Takaichi achieved the biggest post-war victory in the February 8 parliamentary election, with the Liberal Democratic Party expected to secure 274 to 326 seats. The market responded quickly, with the US dollar rising 0.2% against the yen to 157, and Bitcoin surging 5% against the yen. The strong mandate paves the way for crypto tax reforms, with the current top rate of 55% potentially reduced to 20%, along with capital gains tax and allowing loss carryforwards for three years.