Japan Post Bank, a giant holding nearly $1.3 trillion in deposits, is going digital! They plan to launch their own blockchain-based digital yen by the end of 2026. A Digital Yen for the Masses This new digital currency, called “DCJPY,” will be a 1:1 representation of the Japanese yen. Developed in partnership with DeCurret DCP,…
Ethereum’s price has been a bit of a rollercoaster lately, dipping below $4,200. But there’s a bright spot: Ethereum exchange-traded funds (ETFs) are seeing huge inflows of cash. Investor Confidence Remains Strong Despite the price fluctuations, institutional investors are piling into Ethereum ETFs. Data from Glassnode shows a massive influx of over 286,000 ETH into…
China is making a clever move in the world of finance. They’re embracing blockchain technology, but in a way that doesn’t involve cryptocurrencies directly. This lets them explore new financial tools without changing their strict rules against crypto trading. A First for Ethereum: A State-Backed Bond A Shenzhen state-owned company, Futian Investment Holding, recently issued…
Gold just hit a new all-time high, reinforcing its status as a safe haven during economic uncertainty. Meanwhile, Bitcoin took a sudden dive, leaving many investors scratching their heads. Why the sudden divergence between these two assets often seen as competitors in inflation protection? Gold’s Rise: A Safe Haven Gold’s role as a safe haven…
Starknet, a leading Ethereum Layer-2 scaling solution, recently experienced a four-hour outage following its Grinta upgrade. This significant downtime raised concerns about the reliability of Layer-2 networks. The Great Shutdown The Grinta upgrade, intended to improve Starknet’s speed and stability, instead caused a node synchronization bug. This resulted in a complete standstill: no transactions, no…
Bitcoin exchange-traded funds (ETFs) are seeing some positive movement again, but Ethereum is still the star performer. Bitcoin ETFs: A Modest Comeback Last week, Bitcoin spot ETFs saw a net inflow of 3,018 BTC (around $329 million). This is good news after several weeks of outflows. While it’s a small amount compared to previous inflows,…
MicroStrategy (now just “Strategy”), a huge Bitcoin holder, might be joining the S&P 500 index. This could be fantastic news for Bitcoin (BTC). Strategy’s S&P 500 Entry: A Bitcoin Bull Market Catalyst? Crypto analyst Lark Davis thinks Strategy could be added to the S&P 500 as early as this Friday. If this happens, it could…
South Korean retail investors are swapping their Tesla shares for crypto-related stocks. This shift highlights a growing preference for digital assets over traditional tech giants. Tesla’s Losing Streak Tesla’s popularity among South Korean investors has plummeted. Bloomberg reports a massive $1.8 billion sell-off over the last four months. August alone saw $657 million in outflows…
Bitcoin’s mining activity just reached a new peak, even though the price of Bitcoin itself is down. This is a big deal! What’s the Hashrate? The “hashrate” measures the total computing power used by Bitcoin miners. Think of it as the collective strength of all the computers working to secure the Bitcoin network. A higher…
Solana’s journey has been quite a ride. What was once a niche cryptocurrency just two years ago is now trading comfortably above $200, with many predicting a surge to $300. While some see it as a sure thing, others are more skeptical, but everyone agrees: something big is happening. Solana’s Steady Climb The charts show…
