Why Japan’s “Takaichi Trade” Could Pressure the Crypto Market Despite Post-El...
Japan’s snap election delivered a decisive mandate for Prime Minister Sanae Takaichi, triggering an immediate rally across equities, foreign exchange, and crypto markets. The Nikkei 225 surged to record highs above 57,000, the yen weakened sharply, and Bitcoin briefly climbed past $72,000 during Asian trading hours. Related Reading: Arthur Hayes Puts $100K On Hyperliquid (HYPE) […]
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The crypto market is entering a phase marked by rising uncertainty and persistent selling pressure, as major assets struggle to regain bullish momentum. Bitcoin remains capped below the $90,000 level, repeatedly failing to attract enough demand to flip resistance into support. At the same time, Ethereum is experiencing heightened volatility and renewed selling pressure, reflecting […]
Based on reports, Nomura Holdings is preparing to strengthen its footprint in Japan’s crypto market as trading activity picks up across the country. Related Reading: BlackRock’s Bitcoin Premium ETF Heads To Nasdaq In SEC Filing The move comes through Laser Digital Holdings, a Nomura unit based in Switzerland that is now in pre-consultation with Japan’s […]
Less than a year after raising ¥3 billion ($27 million) in a record funding round by a bitcoin and Fintech company in Japan, Tokyo-based bitFlyer now sees all three of Japan’s ‘mega-banks’ as investors in the bitcoin exchange. In an announcement today, bitFlyer, Japan’s largest bitcoin exchange and blockchain services company, revealed fresh funding from Mizuho Capital and SMBC Venture Capital, both of which are the investment arms of the Mizuho Banking Corporation and the Sumitomo Mitsui Banking Corporation respectively. The two banking corporations join Mitsubishi UFJ as investors in....
Counterparty Foundation Community Director Koji Higashi has agreed that Japan’s future in Bitcoin is an “upward trend” and could challenge China in trading volume. Japan: World’s #2 Bitcoin Trader. His comments follow mainstream media alleging the number of Japanese outlets accepting Bitcoin had quadrupled to over 4,000 in 2016 alone. In a blog post Monday, Higashi said that in contrast to China’s falling trading volumes due to exchange inspections and uncertainty over legislation, Japan’s legal setup was fostering increased crypto adoption. “…It seems to me few people are aware of what’s....
Japan’s biggest brokerages are looking to compete with the country’s crypto-native exchanges for digital asset market share. According to research by Messari, the top three online brokerage firms in Japan are experiencing surging revenue from their cryptocurrency exchange services.In its Asian Crypto Landscape report, Messari noted the operating revenue and net worth of exchange platforms operated by Japan’s top securities brokers is quickly catching up to that of their crypto-native rivals.Comparison of net worth and operating revenue between exchanges operated by crypto-native firms....