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Posted on 20/08/2024

Metaplanet Completes ¥1 Billion Bitcoin Acquisition, Stock Surges 14%

Metaplanet, a Japanese public company, saw its stock price surge 14% after completing a ¥1 billion Bitcoin acquisition, bringing its total holdings to 360.368 BTC and driving its year-to-date stock ...

Posted on 20/08/2024

Crypto is spending big money in the GOP race for US Senate in Mass. Here’s why | John L. Micek

The ad was paid for by a super PAC known as The Commonwealth Unity Fund, with support from the cryptocurrency industry. And it’s pouring big money into Deaton’s long-shot effort to defeat U.S. Sen.

Posted on 20/08/2024

Osaka Gas plans move into LNG bunkering business from 2026

Osaka Gas plans to supply e-methane through a production demonstration project for the Expo 2025 which will be held in Japan. The company is also working with compatriot utility Tokyo Gas and Abu ...

Posted on 20/08/2024

Japan stocks recoup most of August losses, JPM remains overweight

JPMorgan analysts said they remained overweight on Japanese stocks after a recent rebound saw them recoup a bulk of losses made in August, with fund flow data also showing some foreign buying.

Posted on 20/08/2024

Discovering Japan’s Undiscovered Gems This August 2024

Japan's stock markets have shown a robust rebound recently, with the Nikkei 225 Index gaining 8.7% and the TOPIX Index up 7.9%, driven by better-than-expected economic data and a weaker yen benefiting ...

Posted on 20/08/2024

Japan government to raise long-term rate estimate to 2.1% in FY2025/2026, Nikkei reports

TOKYO: Japan's government plans to raise its long-term interest rate estimate used to compile the state budget to 2.1 per cent for the next fiscal year from the current year's 1.9 per cent, the Nikkei ...

Posted on 20/08/2024

Japan’s yen is coming for your crypto investments again

The Japanese yen is flexing its muscles again ... This sudden strength is bad news for riskier investments like Bitcoin and other cryptocurrencies, as it often signals a flight to safety among ...

Posted on 20/08/2024

Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?

Bitcoin (BTC) gained 4.3% between Aug. 16 and Aug. 18 but reversed this gain after failing to sustain levels above $60,000. The price corrected to $58,500 while the S&P 500 index futures and gold ...

Posted on 20/08/2024

Crypto market sentiment remains strikingly bearish

Companies like Vanguard are ramping up their bets on more interest rate hikes from the Bank of Japan. If this plays out, it could ripple through the markets, including crypto, and we could be in for ...

Posted on 20/08/2024

‘Golden Opportunity’—Bitcoin And Crypto Are Suddenly Braced For A ‘Critical’ Fed Price Earthquake

Bitcoin and crypto traders are braced for Federal Reserve chair Jerome Powell to signal the Fed will start cutting U.S. interest rates in September—described as "a golden opportunity" to seize the

Posted on 20/08/2024

‘Golden Opportunity’—Bitcoin And Crypto Are Suddenly Braced For A ‘Critical’ Fed Price Earthquake

Bitcoin and crypto traders are braced for Federal Reserve chair Jerome Powell to signal the Fed will start cutting U.S. interest rates in September—described as "a golden opportunity" to seize the

Posted on 20/08/2024

No mention of crypto in the Democratic Party’s 2024 platform

Contrary to weeks of messaging from the Harris-Walz 2024 presidential campaign and senior Democrat officials promising a crypto ‘reset’ pivoting from the anti-crypto policies of the Biden administration, the 2024 Democrat Party platform made no mention ...

Posted on 20/08/2024

Advantages and Disadvantages of Cryptocurrency in 2024

“Crypto” refers to cryptographic techniques and several encryption algorithms that help secure these records, such as hashing functions, elliptical curve encryption, and public-private key pair ...

Posted on 19/08/2024

BTCC Exchange’s First Tokyo Meetup to Fuel Japan’s Growing Crypto Community

TOKYO, Japan, Aug. 19, 2024 (GLOBE NEWSWIRE ... BTCC aims to use this event to strengthen connections among Japanese crypto users. The event will feature two prominent speakers in the region, Trader ...

Posted on 19/08/2024

Bitcoin worth $244M to be liquidated at $61K: What happens after this?

So, BTC could break the $60K price level overnight, but stall at $61K. This was the downside as high-leverage long liquidations loomed around the $58K price mark. Additionally, $9.17 billion in ...

Posted on 19/08/2024

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

The Japanese yen (JPY) is rallying against the U.S. dollar (USD), outperforming other fiat currencies in a redux of early August market action that was characterized by sharp losses in global stock ...

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