Sei Network Unlocks Japan Market After Hitting $626M In TVL
US traders and DeFi fans have turned their eyes to Sei Network (SEI) after its Total Value Locked (TVL) climbed past $626 million. That leap marks a huge rise from about $60 million at the start of 2024, showing a strong wave of new funds and fresh users staking assets on the chain. Sei Network TVL Rockets…
Bitcoin Breakout Narrative Explodes As Japan’s Bond Market Collapses
Japan’s government-bond complex, once the benchmark for low-yield stability, is cracking under the weight of its own arithmetic—and the fissures are sending tremors straight into the global debate about Bitcoin as a reserve asset. Thirty-year Japanese Government Bond (JGB) yields catapulted to 3.15% this week, eclipsing every prior high since the tenor’s 1999 debut. That…
Bitcoin ETFs Coming To Japan? Government Prepares To End Ban
The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on…
Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve. Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United…
Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale
In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved a debt sale with a guarantee worth…
Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why
Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential of more than $500 between Bitcoin’s price…