Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds
Japan's Nikkei had its worst day since March. Ether is still the only major holding a gain on the week, barely. Source:CoinDesk
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. Source:CoinDesk
Japanese lender launches Bitcoin-backed loans of up to $6.2M
CRYL is offering Bitcoinbacked loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets.…
Bitcoin's recent macro relief faces a challenge from Japanese interest rates
Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets. Source:CoinDesk
Metaplanet buys another $170 million of bitcoin expanding treasury to 43,000 BTC
The Japanese firm, now the world's third largest publicly traded bitcoin holder, reported stronger Bitcoin Income Generation revenue. Source:CoinDesk
Bitcoin price risks drop below $58K as US dollar hits 40-year high against yen
Bitcoin faced downside pressure as the US dollar hit its highest levels against the Japanese yen since 1986, while BTC price analysis revealed "capitulation"…
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk