Bitcoin ETF, one month history and outlook / China does not ban crypto assets[10 carefully selected books to read on the weekend]| CoinDesk JAPAN

Bitcoin ETFs have added an average of $125 million worth of Bitcoin (BTC) per day over the past four weeks. This is despite massive outflows totaling more than $6 billion from the Grayscale Bitcoin Trust (GBTC), which has far higher fees than other Bitcoin ETFs.

— Carefully selected what you want to read over the weekend from columns, analysis articles, interviews, etc. published this week.

Bitcoin ETF, history and outlook one month after market debut – forecast of even greater demand in the future

Excitement mounted about a month ago when TradFi (traditional finance) finally received permission from regulators to launch an entirely new investment product for crypto assets (virtual currencies).

It took more than 10 years for Bitcoin ETFs to be listed on the American market, but on January 11th, trading of 10 ETFs finally began. Since then, incredible developments have continued. …read more

China does not completely ban crypto assets

Despite countless Western media reporting on China's “ban” on crypto assets (virtual currencies), cryptocurrency trading continues to flourish in mainland China.

In just one month last year, Binance reportedly handled $90 billion (1.332 trillion yen, equivalent to 148 yen to the dollar) in crypto asset transactions in China, making China the world's largest trading platform. This is Binance's largest market. …read more

Has President Biden announced his support for Bitcoin?

Let's answer the question in the title. No. President Biden has not suddenly become a Bitcoin supporter.

However, the president's social media team posted an image of the president with “laser eyes” (he emits laser beams from his eyes) on X (formerly Twitter). The laser eye is said to represent a hardcore Bitcoiner. …read more

What is DePIN (Distributed Physical Infrastructure Network)? What is the key to building a sustainable DePIN?

Some of the most progressive players in the crypto industry seem to believe that Decentralized Physical Infrastructure Network (DePIN) will be the first use case to bring crypto into the mainstream. They predict huge growth similar to NFTs and stablecoins. …read more

Is airdrop effective marketing?

air drop. This word seems to magically excite crypto users and spark endless debate about on-chain interactions.

Airdrops have brought significant liquidity to the crypto market in recent years, propelling numerous promising projects to new heights. …read more

“Global expansion at the right time” after IEO: Mr. Yoshida of Hashpalette

HashPalette, which handles blockchain development specializing in NFT distribution, held an IEO briefing session for “ELF Token” on February 9th, which will be the fifth IEO in Japan and the first game token IEO in Japan. It was held at the crypto asset (virtual currency) exchange bitFlyer. …read more

Eiichi Shibusawa's future-oriented vision opens up an “invisible future” — Millennials and Generation Z are the majority globally, with great potential expanding

New banknotes will be issued on July 3rd this year. The person chosen to be the face of the new 10,000 yen bill is Eiichi Shibusawa, who also became the main character of the NHK Taiga drama. Eiichi founded approximately 500 companies during his lifetime, including the Daiichi National Bank (currently Mizuho Bank), and is known as the “father of modern Japanese economy.'' He emphasized the importance of this. This is the so-called “moral economic unity theory''. …read more

What is “rug pull” of crypto assets?[Basic knowledge]

Cryptocurrency lag pulls are sadly common, costing crypto investors billions of dollars in losses.

Here, what is the rag pull of crypto assets? How does it work? We will explain how to identify lag pull and how to avoid it. …read more

Ripple CTO interview: Growth from the bottom up, rebuttal to criticism

David Schwartz, chief technology officer (CTO) of Ripple Labs, is a fan of parts of the crypto industry, particularly the crypto asset XRP (XRP). , is respected like a guru among the so-called “XRP Army”.

But the XRP Ledger, the blockchain created by Ripple Labs, has its critics, from Bitcoin and Ethereum purists to the U.S. Securities and Exchange Commission. …read more

Why Gitcoin, the most altruistic project in crypto, is “corporatizing”

Financing public goods and profitability are not necessarily contradictory. This is a lesson that Gitcoin, the Ethereum-based decentralized crowdfunding project, is putting into practice as it overhauls its operational structure and announces major changes to its focus. …read more

｜Editing: CoinDesk JAPAN Editorial Department
｜Top image: Shutterstock