Japan’s Government Rejects Bitcoin for Reserves

The Japanese government has announced its decision to decline the inclusion of Bitcoin in its national reserves, citing concerns over the cryptocurrency’s volatility and its misalignment with established monetary systems. The administration emphasized a preference for maintaining security and liquidity in financial policies rather than incorporating digital currencies. Why Does the Government Oppose Bitcoin? In…

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The Strategic Bitcoin Debate: Why Japan Is Taking a Wait-and-See Approach

As nations like the United States and Brazil experiment with integrating Bitcoin into their sovereign assets, Japan remains prudent in their posture. Prime Minister Shigeru Ishiba recently tackled the subject during an address, illuminating the administration’s qualms regarding embracing Bitcoin as a strategic reserve. Japan’s Cautious Approach to Bitcoin Reserves According to a Dec. 26 report…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

The Japanese government has officially rejected the proposal to include Bitcoin $95,515 in national reserves. The volatility of cryptocurrencies and their incompatibility with traditional currency frameworks significantly influenced this decision. Instead of integrating cryptocurrencies into the national economy, the government prefers to adhere to security and liquidity-focused policies. Government: “Bitcoin is Not Suitable for Reserves”…

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Bitcoin Corrections During Bullish Periods Are Getting Less Severe Every Day, Data Shows – But What Does It Mean?

On-chain analytics firm Glassnode has revealed that the severity of pullbacks in the Bitcoin market during bull cycles has weakened as the cryptocurrency market matures. Historically, Bitcoin bull markets are marked by sharp price increases followed by significant selling pressure, but data shows a clear trend of decreasing volatility in the current cycle. The most…

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Best Coins as Qubetics Sells 376M Tokens in $7.8M Presale as Toncoin Eyes $10 and VeChain Secures Tesla Partnership

As December 2024 winds down, the crypto market is brimming with activity. Toncoin (TON) is grabbing headlines with its growing ecosystem, with analysts predicting it could become the next big crypto titan in 2025. At the same time, VeChain (VET) has been making waves with its collaboration with Tesla and Evearn for the UFC311 campaign,…

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Bitget Expands Futures Portfolio with DEXEUSDT and 75x Leverage Support

Victoria, Seychelles, December 26th, 2024, Chainwire Bitget, the leading cryptocurrency exchange, and Web3 platform, has launched DEXEUSDT-M perpetual futures for trading, effective December 24, 2024, at 19:30 (UTC+8). The new futures product supports up to 75x leverage and is compatible with futures trading bots, offering users enhanced opportunities to implement advanced trading strategies. Key Trading…

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Users Should Stay Vigilant for These Scams

TL;DR Shibarium Trustwatch warns SHIB holders of fake giveaways, phishing emails, and scam social accounts during the holidays. Users are cautioned to avoid sending emails about SHIFU tokens and urged to verify information through official channels. ‘Protect Yourself This Christmas’ Despite the festive season, scammers don’t have days off and are always on the lookout…

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