Metaplanet, a Japanese listed company, announced that due to the high level of government debt, long-term negative real interest rates and the depreciation of the yen, Metaplanet will use Bitcoin as its company's strategic reserve asset in response to Japan's severe economic situation.
JinseFinanceJapanese authorities intervene as USD/JPY surpasses 160, yen stabilizes around 154.5. BOJ faces dilemma: intervene or raise rates? Debt-to-GDP ratio exceeds 260%. Yen's decline may impact global currencies, Fed's stance crucial.
Xu LinReports suggest Japanese authorities may intervene, causing the yen to surge dramatically. Gold attempts to rebound from its lows, while Bitcoin faces a sharp decline despite favorable news regarding the Hong Kong Bitcoin spot ETF, dropping close to $62,000.
SanyaGolden Finance launches the 2253rd issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceMartinez suggests XRP may hit $0.63-$0.65 if it closes above $0.57. Short-term, it could drop to $0.52 or $0.50 but may rise to $0.57 if it surpasses $0.54-$0.55. AO signals possible consolidation, but a breakout could push XRP to $0.65.
Xu LinPrior to this round of financing, the company completed a Pre-seed round of financing in February 2023, with the investor being Japanese local VC Skyland Ventures.
JinseFinanceWithin the ever-evolving cryptocurrency landscape, GYEN crypto emerges as a significant innovation reshaping decentralised finance. Developed by GYEN Labs and launched in 2018, this stablecoin operates on the Ethereum blockchain, offering users a secure alternative for financial transactions, bypassing the traditional banking system.
JoySeveral banks will stress test a digital yen for more than two years.
Others
NulltxAmid distribution by the "giant" whales of Bitcoin, data shows that smaller ones are still resisting the urge to sell.
Cointelegraph