Google & Blackstone's $5B AI Venture, Yen Hits 159, Crypto Enters Extreme Fear

1. Google and Blackstone are forming an AI cloud joint venture with an initial $5 billion equity commitment to bring 500 MW of capacity online by 2027.
2. The Japanese Yen weakened past 159.0 per dollar while the 40-year JGB yield hit a record high, amid the economy minister's statements on closely watching the markets.
3. The crypto market is showing 'extreme fear' sentiment as U.S. investors possibly lead a Bitcoin sell-off, while whales continue large token transfers to exchanges and profit from short positions.