Latest data reveals global economic downturn, building stronger case for Bitcoin

Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers’ Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors.

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GGI Takes Center Stage with Key Partnerships and Revolutionary GameFi Applications at Token2049 Singapore

GGI continues to place itself at the center stage of crypto innovation with appearances at top crypto events. Following its appearance at Japan’s WebX and Korea Blockchain Week (KBW), It made waves at the TOKEN2049 conference in Singapore with exciting partnerships and a strong presence across major side events.

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Ripple CEO Meets High-Ranking Japanese Official to Discuss Crypto Adoption in Japan

Ripple boss has met major Japanese official on his Tokyo tour, says Japan is committed to advancing crypto tech

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The Japan-crypto link: 'This could be the start of a global bear market'

Global markets face turmoil, with cryptocurrencies and major stock indices experiencing severe declines. Arthur Hayes predicted that Japan's yen fluctuations could boost cryptocurrencies.

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Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos

Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.

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Shytoshi Kusama Supposedly Caught on Video At IVS2024 in Japan But There’s Catch

Shiba Inu leader Shytoshi Kusama has fulfilled his promise to present himself to public, but there's a major nuance

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Sony's crypto debut: Tech giant acquires Amber Japan in major move

Sony acquires Amber Japan, marking its entry into the cryptocurrency exchange market.  Sony's acquisition boosted its stock price, Bitcoin ETF inflows, and BTC's price action.  Sony, JapanThe post Sony's crypto debut: Tech giant acquires Amber Japan in major move appeared first on AMBCrypto.

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RippleX Unveils Major News for XRP Ledger Participants

RippleX makes groundbreaking announcement for blockchain community in Japan and Korea

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BitFlyer to acquire FTX Japan for billions of Yens

BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange. The exact value of the acquisition hasn’t been made public though it is expected to be billions of yens.

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"Rich Dad Poor Dad" Author Names Easiest Way to Become a Millionaire, Ripple Unveils Major Initiative for Japan and South Korea: Crypto News Digest by U.Today

Take a closer look at what's happening in the world of crypto with U.Today's news digest!

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Ripple Launches Massive Fund For XRP Ledger In East Asia

Ripple announced the creation of the XRPL Japan and Korea Fund on June 11, 2024, marking a major strategic move to deepen its engagement with blockchain innovation in East Asia. This initiative is part of a broader commitment from Ripple, allocating 1 billion XRP (worth approximately $490 million) to support various activities that catalyze the […]

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Ripple Unveils Major Initiative for Japan and South Korea

San Francisco-headquartered blockchain firm Ripple has introduced a new fund for Japan and South Korea

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Japanese Exchange DMM Bitcoin Falls Victim To $305 Million Hack

DMM Bitcoin, one of Japan’s largest cryptocurrency exchanges, recently suffered a major setback when it reported a loss of 48 billion yen ($305 million) in Bitcoin (BTC) due to a security breach.

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JasmyCoin price reaches new 3-month high: Why is JASMY soaring?

JasmyCoin (JASMY), dubbed the “bitcoin of Japan”, has soared to a new year-to-date high. Data from CoinMarketCap showed that the token’s price hit $0.031 across major crypto exchanges on Thursday. The gains accounted for a 24-hour jump of over 25%, with JASMY’s daily trading volume up by 116% to over $308 million and market cap […]

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BlockDAG’s Global Rise Surpasses SHIB and Spot Ethereum ETF

BlockDAG's historic appearances in major places like Las Vegas, Japan, and Piccadilly Circus have boosted the coin's success and popularity to unprecedented heights, overshadowing the weak interest inThe post BlockDAG’s Global Rise Surpasses SHIB and Spot Ethereum ETF appeared first on AMBCrypto.

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XRP to Replace the Dollar? Crypto Pundit Predicts Major Role for Ripple’s XRP Ledger in Japan

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XRP Price Edges Up As Ripple Forms Major Partnership In Japan

Ripple has announced a major partnership with Tokyo-based HashKey DX, a consulting company of the HashKey Group, to deploy XRP Ledger (XRPL)-powered enterprise solutions in Japan’s burgeoning blockchain sector.

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Michael Saylor: Bitcoin Offers Hope as Japanese Yen Hits 34-Year Low

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Ripple’s XRP Making Inroads for Cross-Border Payments Between Japan and Brazil

Major banks in Japan and Brazil are collaborating to develop a new cross-border payment service using Ripple’s XRP cryptocurrency, reports Edo Farina. MUFG Bank, Japan’s largest bank, has signed a partnership agreement with Banco Bradesco, Brazil’s second largest bank, to create a payment channel between the two countries powered by Ripple’s blockchain technology.

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Ripple Major Partner SBI Teams up With Second-Largest Global Company

Ripple’s major partner in Japan is joining forces with Saudi Aramco to begin promoting digital assets and startups

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Ripple's Top Partner and Circle Team up to Transform Japan's Financial Landscape

SBI Holdings joined forces with Circle in order to give major boost to USDC utility in Japan and improve local financial landscape

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Major Ripple Partner Offers SHIB and DOGE Gifts: Details

SBI VC Trade that belongs to SBI Group financial giant, Ripple partner in Japan, has made curious announcement about Shiba Inu and Dogecoin

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Bitcoin Holds Steady Above $34K After Hawkish Bank of Japan Decision

The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move.

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How Japan Is Leading the Race to Regulate Stablecoins

Japan’s stablecoin regulations attempt to address some of the biggest fears about major stablecoins: Do issuers really have the assets to back them?

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Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says

Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.

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Tether becomes one of US Treasury bills’ major holders

Tether’s CTO, Paolo Ardoino, reveals that the company bought more US Treasury bills than the United Arab Emirates, Australia, Japan, and Mexico. In a post on X (formerly Twitter), Ardoino highlights that Tether’s current hold in the US Treasury bills…

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Major Japanese Exchange Adds Polygon Support for Shiba Inu (SHIB)

OKCoinJapan, major cryptocurrency exchange in Japan, has announced that it will extend Polygon chain support for Shiba Inu (SHIB) and DAI starting Sept. 7

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Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange

According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively.

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Japan's PM Fumio Kishida Declares Support for Web3

The WebX Conference, a major digital technology gathering in Asia, recently featured high-profile Japanese leaders like Koichi Hagiuda and Prime Minister Fumio Kishida

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Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin

Quick Take Understanding global liquidity is crucial in financial analysis, as it provides insights into the available financial resources for investment. It comprises several components, including: Federal Reserve (Fed) Balance Sheet Reverse Repurchase Agreements (Reverse Repo) Treasury General Account (TGA) Fed Remittances Balance sheets of major central banks: Bank of Japan (BOJ), European Central Bank […] The post Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin appeared first on CryptoSlate.

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Japan’s financial giant SBI Group lists Shiba Inu on its crypto asset platform

In an official announcement made on June 28, Japan’s major financial services conglomerate, SBI Group, announced that they will “start handling Shiba Inu (SHIB), Dai (DAI), and Cosmos (ATOM)” on its cryptocurrency platform SBI VC Trade.

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Experts Converge at DAO Tokyo as Japan Increases Adoption. HedgeUp Looks to Position Itself in Asia

One of the biggest events in crypto took place as major figures in the crypto industry met in Tokyo, Japan, for DAO Tokyo 2023. This happened as the country continues to embrace cryptocurrencies, and HedgeUp (HDUP) positions itself to gain a foothold in Asia.

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Global shift away from the US dollar prompts offloading of US treasuries

As the world faces increasing economic instability, major nations like China and Japan are offloading US Treasuries and turning to gold. Is this a sign of the US dollar's weakening position as the world's reserve currency? In this exclusive Alpha article, we analyze these critical moves and their potential impact on the global economy.

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Ripple-Powered MoneyTap Adopted by Three Major Japanese Banks: Details

MoneyTap makes next big step in Japan with adoption by banks of Yamaguchi Financial Group

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Top Companies Agree To Create Japan Metaverse Economic Zone

Several top companies in Japan that major in manufacturing, technology, and finance have teamed up to create what they term the “Japan Metaverse Economic Zone. ” This is according to a press release seen yesterday.

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Japan's very own Metaverse is on the way, will accelerate Web3 adoption

Major Japanese companies are coming together for an open Metaverse. Japan is looking to incorporate Web3 technology into its national agenda  Many major Japanese technology, manufacturing, The post Japan's very own Metaverse is on the way, will accelerate Web3 adoption appeared first on AMBCrypto.

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Banzai! 10 Major Japanese Companies To Create ‘Japan Metaverse Economic Zone’

The metaverse is now the new frontier of the Land of the Rising Sun. Many of Japan’s largest technology firms have joined together to create an open environment for the production of virtual experiences; they name it the “Japan Metaverse Economic Zone” (JMEZ).

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Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan

The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been affected to the point that it has, once again, put a pause on operations in Japan.

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Japan’s major utility provider partners with local mining rig maker

TEPCO, a Japanese utility company behind the Fukushima nuclear reactor, partnered with local mining rig developer Triple-1 to offer its extra energy for mining.   In a recent announcement, TEPCO confirmed a partnership with Triple-1.

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Digital Yen CBDC Trial Set to Rollout With Major Banks in 2023

The Bank of Japan will roll out a pilot program for its central bank digital currency project to three major Japanese banks in spring 2023. The post Digital Yen CBDC Trial Set to Rollout With Major Banks in 2023 appeared first on BeInCrypto.

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Breaking: Japan Reveals Plans to Accelerate NFT, Metaverse Investments

Japanese Prime Minister Fumio Kishida announced that accelerating NFT and Metaverse investment is major part of government's digital transformation plans

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New Crypto Regulations in Japan Could Allow Authorities to Seize Stolen Digital Assets

After passing a landmark bill to regulate stablecoins, Japan might become yet another major economy to revise its laws to seize illegally obtained crypto. The post New Crypto Regulations in Japan Could Allow Authorities to Seize Stolen Digital Assets appeared first on BeInCrypto.

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Japan passes a stablecoin bill focusing on investor protection following UST debacle

Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rein in the sector, Bloomberg News reported. The post Japan passes a stablecoin bill focusing on investor protection following UST debacle appeared first on CryptoSlate.

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XRP Sees Major Push In Asia As Leading Japanese Used Car Exporter Now Accepts XRP Payments

This marks the very first time the XRP coin has been integrated into a cross-border e-commerce site in Japan.

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First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks

Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed.

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Cosplay Token gets listed in two major exchanges in Japan – Here is what to expect

The Cosplay Token (COT) has been listed in two major exchanges in Japan over… The post Cosplay Token gets listed in two major exchanges in Japan – Here is what to expect appeared first on Coin Journal.

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SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH

Japanese financial services company SBI Holdings has announced the launch of Japan's first cryptocurrency fund for retail investors that will invest in seven major crypto assets. These assets include the top two cryptos, Bitcoin (BTC) and Ether (ETH), which are trading under $47k and $4k respectively, along with Polkadot (DOT), Chainlink (LINK), XRP, Litecoin (LTC), […] The post SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH first appeared on BitcoinExchangeGuide.

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26% of crypto investors in Japan tried out NFTs: Survey

Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021.

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bitFlyer Acquires the Coveted “Type 1” License to Offer Crypto Margin Trading and Derivatives in Japan

Tokyo-based prominent cryptocurrency exchange bitFlyer today announced it had successfully registered as a Type I Financial Instruments Business under the Financial Instruments and Exchange Act. A Major Milestone for bitFlyer By successfully registering itself as a Type 1 Financial Instruments Business in Japan, bitFlyer can now re-open its margin trading and derivative operations. For theRead More

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