Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Japan
Aptos Labs Expands Into Japan, Arbitrum Hits 1 Billion Transactions, Cybro Secures $3M From Early Investors
Big moves are happening in the world of crypto. A major company is making a strategic entry into the Japanese market. Another firm has reached a record-breaking milestone in transactions. Additionally, a promising startup has secured significant investment ahead of its launch. This article delves into the projects that might be poised for growth. CYBRO Presale Climbs Past $2.9 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges…
8 months ago
Aptos Labs Announces Strategic Expansion into Japan with its Agreement to Acquire HashPalette, Developer of Palette Chain
Palo Alto, USA, October 3rd, 2024, Chainwire Aptos Labs today announced its landmark agreement to acquire HashPalette Inc., a subsidiary of HashPort Inc. and developer of the Palette blockchain. As part of the agreement, HashPort will migrate the Palette Chain and HashPalette’s applications into the Aptos Network, including EXPO2025 DIGITAL WALLET for Expo 2025, Osaka, Kansai, Japan. This acquisition is a key component of Aptos Labs' strategy to expand its footprint in Asia and bring the high-performing Aptos blockchain to…
8 months ago
Bitcoin Mining Could Help Japan Monetize $2.5 Billion in Wasted Green Energy — Report
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for Bitcoin mining. Local media outlet Asahi Shimbun reported that the company has installed mining machines near solar farms in Gunma and Tochigi prefectures. This project aims to tap into unused renewable energy. Japan’s Potential to Mine $2.5 Billion in BTC Using Green Energy The report added that simulations by Agile Energy X indicate potential power surplus if Japan meets its…
9 months ago
Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL
The post Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL appeared first on Coinpedia Fintech News Ripple is making headlines this week with several key announcements to strengthen blockchain infrastructure and support institutional adoption. These developments highlight Ripple’s commitment to blockchain technology. Here’s a quick roundup of their latest announcements! New Partnership with Futureverse Ripple has partnered with Futureverse, an AI and metaverse tech company, to provide secure asset custody through Ripple Custody. Futureverse is leveraging the…
9 months ago
Japan Eyes Crypto as Financial Assets in 2025 Tax Reforms
The post Japan Eyes Crypto as Financial Assets in 2025 Tax Reforms appeared first on Coinpedia Fintech News Japan’s crypto maneuver! On 30th September, in an official release, Japan’s Financial Services Agency (FSA) released its tax reform requests for the fiscal year 2025, highlighting virtual currencies in its “A plan to double asset income” section. The FSA suggests that virtual currency transactions should be considered as financial assets for investment. The reform also aims to expand the scope of loss…
9 months ago
Bybit Announces Sponsorship of BOB2024: Celebrating Onsen Culture and Enjoying Music in Beppu, Japan with Exciting Rewards
Dubai, United Arab Emirates, August 20th, 2024, Chainwire Bybit, the world's second-largest crypto exchange by trading volume, is excited to announce its sponsorship of #BOB2024 (Beppu Bukkake Onsen Fes 2024), a renowned music festival celebrating the vibrant onsen culture of Beppu, Japan. The two-day event is scheduled to take place from August 31 to September 1, featuring 9-hour shows per day, and expecting over 10,000 party goers. Over 20 of Japan's top artists and pop stars will join and perform…
10 months ago
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JapanShytoshi Kusama’s Rare Public Appearance at IVS 2024 in Japan
The post Shytoshi Kusama’s Rare Public Appearance at IVS 2024 in Japan appeared first on Coinpedia Fintech News The pseudonymous leader of Shiba Inu, Shytoshi Kusama, made a rare public appearance at the 2024 Infinity Venture Summit in Kyoto, Japan. Kusama met with Kazuichi Kumagai, a member of the Miyagi Prefectural Assembly in Japan, wearing a mask. He had previously revealed his arrival in Japan on Tuesday, stating his intention to engage with leading minds in the country regarding Shiba…
11 months ago
Memeland Brings Meme Culture to Japan at IVS Crypto 2024 Kyoto
Hong Kong, China, July 4th, 2024, Chainwire Memeland, one of the largest and fastest growing Web3-focused venture studios, is proud to announce its significant presence as one of the Diamond Sponsors of the Memeland & Bybit Reception Party and the Platinum Sponsor of the official IVS Crypto 2024 Kyoto, held from July 4-6, 2024, at the Kyoto Pulse Plaza. As a Diamond Sponsor for the opening event and a Platinum Sponsor for the official IVS Crypto 2024 conference, Memeland is…
11 months ago
XRPL Japan and Korea Fund is Now Open for Applications
Ripple’s XRPL Japan and Korea Fund is now open for applications, supporting blockchain innovation and community growth. Partnerships with top-tier businesses in Korea and Japan will drive XRPL integration across industries. Ripple has announced that the XRPL Japan and Korea Fund is now open for applications from corporations, developers, and XRPL community members. This project, which Ripple first made public on June 11, 2024, aims to support a wide range of endeavors, from business partnerships and startup investments to developer…
11 months ago