Weekly Virtual Currency News | Attention is focused on the timing of Binance’s expansion into Japan, the possibility of Bitcoin reaching $ 100,000 in 2024, etc.

news of the week

We will deliver the news of the week (4/22-4/28) together.

This week, the news about the launch of “Binance JAPAN (provisional)” was the most read.

Regarding the crypto asset (virtual currency) market, the report on the 25th, which summarizes the price of Bitcoin (BTC), has attracted attention.

In addition, the Bitcoin price analysis by financial giant Standard Chartered Bank also attracted a lot of attention.

table of contents

This week’s news ranking
Market news ranking
Virtual Currency/Blockchain Industry News

This week’s news ranking

1st place: “Binance JAPAN (provisional)” to start service around June this year (4/28)

Sakura Exchange Bitcoin Co., Ltd. (SEBC) announced on the 28th that it plans to launch a new service “Binance JAPAN (tentative name)” after June 23. Details including the start time will be announced later. (the article ishere)

2nd place: “Bitcoin could rise to $ 100,000 at the end of 2024” Analysis by Standard Chartered Bank (4/25)

Standard Chartered Bank has said that the price of Bitcoin could rise to $100,000 by the end of 2024. It explains the factors that push up the price. (the article ishere)

3rd place: Bitcoin that has not moved for more than 9 years is worth a total of 9 billion yen in 2 days (4/22)

“Lookonchain”, which tracks and analyzes blockchain, announced on the 21st that a whale (large holder) who has held 1,128 BTC (equivalent to 4.2 billion yen) of bitcoin for 10 years sent 279 BTC (equivalent to 1 billion yen) out of it. report what you did. A similar report was made the day before. (the article ishere)

Market news ranking

1st place: Bitcoin is weak in the $27,000 range, wait-and-see trend ahead of May FOMC (4/25)

Bitcoin fell 1.22% from the previous day to $27,411. In contrast to the bullish mood that rose to the $31,000 level, the bearish trend continued. The Federal Open Market Committee (FOMC) will meet in May. (the article ishere)

2nd place: The background of the sharp drop in Bitcoin is the 4th domestic IEO “NIDT” that falls sharply below the public offering price (4/27)

In this day’s report, we explain the background of Bitcoin’s plunge. “Nippon Idol Token (NIDT)”, which was newly listed as the fourth IEO in Japan, fell sharply below the public offering price (IEO price) of 5.0 yen, and dropped 76% to 1.2 yen at one point. (the article ishere)

3rd place: Recovered to the $29,000 level after bitcoin fluctuated (4/28)

Bitcoin rose 1.5% from the previous day to $29,388. Overseas analyst King La Crypto said that the market is following a similar trajectory to the 2019 market, which bottomed out after the bubble burst and led to a parabolic surge. (the article ishere)

Virtual Currency/Blockchain Industry News

Ethereum developers report on the progress of the next upgrade “Cancun-Deneb” (4/24)

Ethereum (ETH) core developers discussed plans to modify the blockchain consensus layer code in preparation for the next upgrade, Cancun-Deneb, today. It was also reported that the Ethereum Improvement Proposal (EIP) 4844, which is expected to significantly reduce L2 transaction fees, is also being prepared for testing. (the article ishere)

Apple Removes Bitcoin Whitepaper From Latest macOS (4/26)

On the 25th, Apple released “macOS 13.4 Ventura Beta 3”, a modified version of the current OS for developers. Apple-affiliated news outlet 9to5Mac has confirmed that the Bitcoin whitepaper has been removed from the latest operating system. (the article ishere)

Ripple’s 1Q report “Total XRP sales increased by more than 10 billion yen” (4/28)

On the 27th, Ripple released the XRP market report for the first quarter (January to March) of 2023. It highlights four highlights, including an increase in on-chain activity on the XRP ledger (XRPL). (the article ishere)

U.S. High Court ruling that Apple’s ban on out-of-app payments is illegal (4/27)

The U.S. Federal Court of Appeals (High Court) ruled on the 24th that Apple’s act of restricting the guidance of users to external payment systems on the “App Store” violates California’s Unfair Competition Prevention Act (UCL). dropped. The United States Court of Appeals is the court of appeals above the district courts. (the article ishere)

Ethereum L2 “Starknet” Announces 2023 Roadmap (4/25)

Ethereum’s L2 network “Starknet” announced its development plan for 2023 on the 25th. Starknet’s current model “V.11” and subsequent version upgrades “~V.15” focus on improving performance and user experience (UX). (the article ishere)

Decentralized exchange Merlin on Zksync, fraudulent outflow of about 250 million yen (4/26)

It was revealed on the 26th that decentralized exchange Merlin was hacked and over 250 million yen ($1.82 million) of funds were stolen. Merlin is one of the protocols on Ethereum’s L2 project “zkSync”. (the article ishere)

Google Cloud and Polygon Form Strategic Alliance with Multi-Year Contract to Accelerate Spread of Protocol (4/28)

Google Cloud and Polygon Labs today announced a strategic alliance with a multi-year deal. The purpose of the partnership is to accelerate the spread of the Polygon (MATIC) protocol developed by Polygon Labs. (the article ishere)

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