A management consulting services company from Japan, Remixpoint, has given the green light to the purchase of an additional 1 billion Japanese yen or $7 million in Bitcoin, raising its total holdings to 12 billion Japanese yen or $84 million. After a board resolution on May 26, the firm announced
A blockchain-enabled platform, Tether, has publicized the positioning of its native USDT stablecoin on Kaia blockchain, a layer 1 network launched in August last year on May 7. As per the announcement, USDT will be amalgamated into the Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet. Tether posted
Japanese financial conglomerate made it to the headlines today as the information regarding its plans to sell a minority stake in B2C2 crypto unit surfaced. Bloomberg reported that people familiar with the matter, who wish to stay anonymous, revealed the news. SBI Financial Services Inc. is an affiliate of SBI
The Financial Services Agency (FSA) of Japan is about to classify crypto assets as financial products. With this action, insider trading will be regulated, and investors will be given more protection. As a Nikkei report states, the FSA will submit these legislative amendments to the parliament by 2026. The amendments
As another day dawns, the crypto community’s morning tea includes Donald Trump’s speech at the digital summit. While prices have still hit a slump, the regulatory sector has sprung into action in the past day. Notably, a few hours ago, the SEC released a statement discussing that PoW mining is
Bank of Japan made headlines today with its decision to keep interest rates steady at 0.5%. Meanwhile, the crypto industry is eagerly awaiting today’s FOMC meeting on US interest rate decisions. Bitcoin price reacted little to the BOJ news, trading at $83,900 with a price rise of 0.38% today. The
Tokyo-listed mobile game studio Gumi Inc. has announced that between the months of February and May 2025, it intends to purchase Bitcoin (BTC) worth around 1 billion Japanese yen, about $6.58 million. Gumi Inc. points out that Bitcoin investment is one of the measures to consolidate the node operation business
Metaplanet, also known as Japan’s Microstrategy, once again turned all the eyes towards it with its latest announcement. The company plans to acquire more Bitcoin, increasing its existing holdings. While Microstrategy is the pioneering global firm to relentlessly purchase BTC, Metaplanet is making headlines following in its footsteps. *Metaplanet Issues
This week brings glad tidings to the crypto community in the form of the largest cryptocurrency surpassing $100K. Bitcoin has gone full bullish as it reclaimed the $102K zone, though briefly, for the first time this year. Meanwhile, Michael Saylor has suggested an intriguing proposition to increase the cryptocurrency’s value
Amidst raising institutional adoption of Bitcoin and global countries considering it for creating a reserve fund, Bitcoin is struggling to regain its previous highs. After falling to the lows of $92,000 price range, Bitcoin is slowly recovering and is trading in the $98k range today. Considering the limited supply and
