Weekly cryptocurrency news | President Square Enix’s New Year’s remarks, etc., attracting attention to bitbank’s flare (FLR) announcement

news of the week

We will deliver the news mainly for one week (12/31-1/6).

This week, the most read articles were about the domestic crypto asset (virtual currency) exchange bitbank and SBIVC Trade Flair (FLR).

Regarding the virtual currency market, the report on the 4th, which summarizes the rebound in the market at the beginning of the year, is attracting attention.

In addition, the news about the New Year’s remarks by Yosuke Matsuda, the president of Square Enix Holdings Co., Ltd., also attracted a lot of attention.

table of contents

1. This week’s news ranking
2. Market news ranking
3. Virtual Currency/Blockchain Industry News

This week’s news ranking

1st place: bitbank and SBIVC announce flare (FLR) handling and airdrop grant (1/6)

On the 6th, the virtual currency exchange bitbank announced the handling of flares and the decision to grant airdrops. SBIVC Trade also announced that it will distribute flares to eligible customers around 16:00 on the 6th. (the article ishere)

2nd place: Bitcoin miner surrender from now on? Consideration of industry trends and impact on BTC price (1/1)

Arthur Hayes, founder of cryptocurrency exchange BitMEX, claims the storm of Bitcoin (BTC) sales by miners caused by the credit crunch has passed. He said it is likely that the forced liquidation of debts by moneylenders has already been completed. (the article ishere)

3rd place: US VanEck “11 predictions for the virtual currency market”, what are the factors that move the Bitcoin price? (1/4)

US wealth management giant VanEck has released 11 predictions for the cryptocurrency market in 2023. He explained the triggers for the Bitcoin price recovery and the use cases that will lead to the expansion of adoption. (the article ishere)

Market news ranking

1st place: ETH up 2.7% from the previous day, SOL up 24%, etc. Cryptocurrency market rebounds at the beginning of the year (1/4)

In the cryptocurrency market at the beginning of the year, Ethereum (ETH) rose 2.7% and Solana (SOL) rose 24%. In the midst of a downward trend, skeptical voices are also persistent, saying that the rebound will be temporary. (the article ishere)

2nd place: Bitcoin in a wait-and-see trend, MVRV ratio is the lowest level during the collapse of the previous bubble (1/5)

The price of Bitcoin rose by 0.19% from the previous day to $16,827, and the trading volume was docile as it remained within the range, and both buying and selling continued to take a wait-and-see attitude. Bitcoin’s MVRV ratio has reached its lowest level since the last bubble burst (2019). (the article ishere)

Virtual Currency/Blockchain Industry News

Square Enix’s New Year’s Comments “Further Focus on Blockchain Games” (1/3)

Square Enix President Matsuda announced his New Year’s remarks on the 1st. He said that he will continue to develop blockchain games. (the article ishere)

Binance to Discontinue Offering 14 Currency Pairs (1/4)

Binance has announced the decommissioning of 14 currency pairs. Polkadot (DOT) and Aster (ASTR) currency pairs, which are also listed in Japan, are included, but they are not delisted. (the article ishere)

Binance Occupies 90% of Bitcoin Spot Trading Volume = Arcane Research (1/5)

At the end of December, Arcane Research, a cryptocurrency data analysis company, released a report summarizing the cryptocurrency market in 2022. Binance has emerged as the clear “winner”. (the article ishere)

How to use the virtual currency wallet “MetaMask” that even beginners can understand (1/2)

I explained in detail how to start a self-managed wallet “MetaMask”, which is indispensable for virtual currency and Web3, and how to transfer and exchange money such as Ethereum so that even beginners can understand it. (the article ishere)

Bitcoin’s 14th anniversary, looking back on the main history (1/4)

January 4, 2023 marks the 14th anniversary of Bitcoin’s first genesis block, devised by Satoshi Nakamoto. A look back at the major history of Bitcoin. (the article ishere)

Ethereum Co-Founder Vitalik Bullish on Rollups in 2023 (1/3)

Ethereum co-founder Vitalik Buterin has predicted that the L2 scaling solution “Rollup” will reach an important milestone sometime in 2023. The next stage of the roadmap, “Surge,” is on track to reach “Basic rollup Scaling,” he said. (the article ishere)

US Amazon announces large-scale restructuring policy for 18,000 employees (1/6)

E-commerce giant Amazon is planning to cut more than 18,000 jobs, it was revealed on the 5th. We plan to notify affected staff directly after January 18th. (the article ishere)