Weekly Cryptocurrency News (+Asia Special) | High interest in Bitcoin whale buying line and Messari's 2024 report - Our Bitcoin News

This week’s news

We bring you a summary of the most popular crypto asset (virtual currency) news over the past week (12/16-12/22).

This week, reports on the buying line of Bitcoin (BTC) whales (large holders) and articles on the 2024 report from the cryptocurrency analysis company Messari attracted attention.

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table of contents

1. This week’s featured news
2. financial market
3. Asia special feature

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This week’s featured news

Buying a total of 121 billion yen worth of Bitcoin in one day “IntoTheBlock” reports whale buying line (12/20)

Cryptocurrency analysis firm IntoTheBlock reported that several large Bitcoin holders collectively bought around 20,000 BTC on the 16th. The company’s graph shows that this is an outstanding purchase volume over the past month. (the article ishere)

Expectations are rising for Bitcoin halving, investor interest captured by BitBank survey (12/21)

On the 21st, BitBank Co., Ltd. announced the results of the “Questionnaire Survey on the Actual Status and Market of Crypto Asset Investment.” This survey was conducted online from November 27th to 28th, 2023, and 1,433 people responded. (the article ishere)

“Bitcoin is the Godzilla of the financial world”, the revival of Solana and the spread of DePIN/AI = Messari’s 2024 report (12/21)

Messari today announced the release of Founder and CEO Ryan Serkis’ annual report, “The Messari Claim.” The report consists of 11 sections detailing the top 10 investment and policy trends, people, products, and cryptocurrencies to watch in 2024. (the article ishere)

financial market

Bitcoin has rebounded to the $43,000 level, and there is strong buying momentum due to the development of Bitcoin spot ETF (12/19)

The Bitcoin price on this day was 5.1% higher than the previous day to 1 BTC = $43,056. Reports on Bitcoin spot ETFs (exchange traded funds) may also have supported the price rise. (the article ishere)

Bitcoin fees reach the highest level since April 2021, and alto market prices such as Polygon (MATIC) fall (12/20)

Bitcoin’s average transaction fees have reached nearly $40, the highest level since April 2021, according to data from BitInfoCharts, and miners are benefiting greatly. Among altcoins, Ethereum (ETH) fell 2.4%, Cardano (ADA) fell 5.7%, and Polygon (MATIC) fell 5.9%. (the article ishere)

Bitcoin approaches year-to-date high, Solana (SOL) rises to 4th place in market capitalization (12/22)

Bitcoin price rose 1.72% from the previous day to 1 BTC = $44,131. In addition, Solana (SOL) soared to $98.8, a 17.3% increase from the previous day, setting a new year-to-date high, and rising to fourth place in terms of market capitalization, following XRP and overtaking BNB on the day. (the article ishere)

Asia special feature

Cryptocurrency ASTR (ASTR) price soars by about 90% at one point due to listing on South Korea’s largest company Upbit (12/19)

The price of the native token “ASTR” of the Japanese public blockchain “Astar Network” soared on the 18th. The price rose when South Korea’s largest cryptocurrency exchange, Upbit, announced that it would list the Korean won and ASTR pair. (the article ishere)

Singapore becomes “top priority market”; Coinbase expands US dollar services (12/20)

Coinbase announced on the 18th that it has enabled US dollar remittance service for individual users in Singapore. Users can now deposit and withdraw USD from their Coinbase accounts fee-free using the interbank money transfer network SWIFT. (the article ishere)

South Korean Financial Supervisory Service head to visit US SEC Chairman Gensler next month to discuss virtual currency regulations = Report (12/21)

It has been learned that Lee Bok-hyun, Director of the Financial Supervisory Service (FSS), plans to visit US Securities and Exchange Commission (SEC) Chairman Gary Gensler next month. He will share the current state of the cryptocurrency market and hold a dialogue on supervision. (the article ishere)

NTT Docomo Ventures participates in BLOCKSMITH&Co’s funding round to accelerate Web3 deployment (12/22)

BLOCKSMITH & Co., Ltd. announced on the 22nd that NTT Docomo Ventures, Inc. has participated as a new investor in its ongoing angel round. The company is aiming for mass adoption of Web3 through collaboration with NTT Docomo Ventures. (the article ishere)

GMO Media to launch “GESOVerse,” a BCG specialized platform in collaboration with Gesoten (12/22)

On the 21st, GMO Media, Inc., a member of the GMO Internet Group, announced the launch of “GESOTEN Verse,” a game platform specializing in blockchain games (BCG) using proprietary layer 2 of the game-specific blockchain “Oasys.” (the article ishere)

connection:Why we need a large-scale Web3 conference in Japan | WebX founder interview

Asia’s largest Web3 conference “WebX 2024” to be held at The Prince Park Tower Tokyo https://t.co/pogMJ9oqDw

The event is scheduled to be held over two days, August 28th (Wednesday) and August 29th (Thursday), 2024. We look forward to your application!

— CoinPost (virtual currency media) (@coin_post) September 29, 2023

Featured Web3 conference dates

Web3 and virtual currency/blockchain related conferences are becoming more active worldwide. In this article, we will also introduce information on major conferences scheduled to be held in the near future, mainly in Asia.

TEAMZ WEB3/AI SUMMIT 2024

“TEAMZ WEB3/AI SUMMIT 2024” is an event with the theme of Web3 and AI, scheduled to be held at Toranomon Hills Forum in Tokyo from April 13th to 14th.

TEAMZ WEB3/AI SUMMIT 2024 follows this year’s TEAMZ WEB3 SUMMIT 2023, and is an event focused on the potential for synergy between the AI ​​and blockchain fields, which are attracting attention due to the rise of OpenAI and ChatGPT.

According to the official page, there will be more than 120 speakers next year, including more than 200 VCs, investors, and exhibiting companies. It is estimated that 5,000 people will attend.

TEAMZ WEB3 / AI SUMMIT 2024 is an upgraded event of TEAMZ WEB3 SUMMIT 2023, which was one of the most influential events in Japan’s Web3 industry.
This year, we will focus on both recent trends, WEB3 and AI, as our main themes… pic.twitter.com/JsjXkV9ZDe

— TEAMZ, Inc. (@teamz_inc) November 7, 2023

CoinPost official app

CoinPost official app (1.7.15) has been released on iOS and Android
・iOS17 compatible
・Improved display of in-app WebView
・Improved behavior when tapping notifications
Such… pic.twitter.com/Y8dikLRBe7

— CoinPost (virtual currency media) (@coin_post) November 15, 2023