Weekly Cryptocurrency News (+Asia Special Feature) | Strong interest in the sudden rise in World Coin and the selection of Japanese stocks as “Seven Samurai” by GS

This week's news

We bring you a summary of the most popular crypto asset (virtual currency) news over the past week (2/17-2/23).

This week's articles include the sharp rise in World Coin (WLD), the selection of Japanese stocks as the “Seven Samurai” by major investment bank Goldman Sachs, and large-scale Bitcoin (BTC) withdrawals from Coinbase. attracted the most interest.

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

This week's featured news

World Coin (WLD) soaring, speculation raised by OpenAI's announcement of video generation AI “Sora” (2/19)

Worldcoin, an AI/virtual currency project launched by OpenAI CEO Sam Altman and others, has soared. Speculation seems to have increased after OpenAI announced an AI that generates videos. (the article ishere)

A total of 140 billion yen worth of Bitcoin was withdrawn from U.S. Coinbase. Is selling pressure decreasing? (2/21)

It has been revealed that a total of 140 billion yen worth of Bitcoin was withdrawn from Coinbase, a major US virtual currency exchange. In terms of Bitcoin quantity, a total of over 18,000 BTC was withdrawn. (the article ishere)

Goldman Sachs selects “Seven Samurai” to represent Japanese stocks (2/21)

As the Nikkei Stock Average reached its highest post-bubble price in 34 years, it was reported that Goldman Sachs had selected the “Seven Samurai'' to represent Japan's stock market. This suggests high expectations for the Japanese stock market. (the article ishere)

financial market

Bitcoin and Ethereum futures markets are struggling at the $50,000 level, and there is a sense of overheating (2/20)

On this day, the Bitcoin price increased by 0.7% from the previous day to 1 BTC = $51,567. Among the major alts, Ethereum (ETH) rose 2.8%, XRP rose 1.4%, and Solana (SOL) rose 3.2%. (the article ishere)

Ethereum continues to grow, reaching the $3,000 level for the first time in two years (2/21)

Ethereum continued to rise by 2.5% from the previous day, exceeding the 1 ETH = $3,000 level for the first time since April 2022. This report analyzes the background to the price rise. (the article ishere)

Nvidia's strong financial results lead to a significant rise in stock prices, along with virtual currency AI stocks | 22nd Financial Tankan (2/22)

Nvidia announced its financial results for the November-January period (4th quarter) after the market close. The content was well received, and the stock price soared +9.77% after hours. (the article ishere)

Asia special feature

To promote investment by Japanese VCs in Web3 companies, the Cabinet approved a bill regarding the acquisition of virtual currency by LPS (2/17)

The Ministry of Economy, Trade and Industry announced on the 16th that the Cabinet has decided to add virtual currency to the list of assets that investment limited partnerships (LPS) can acquire and hold. If this legal reform comes to fruition, Japanese venture capital firms (VCs) will be able to invest in projects that only issue virtual currencies. (the article ishere)

LINE NEXT partners with “ReadON” to earn by reading and sells collaborative NFTs (2/20)

LINE NEXT, a LINE Yahoo group company that aims to build a Web3 ecosystem, announced on the 19th that it has entered into a strategic partnership with ReadON, which provides a “Read to Earn” service that allows you to earn rewards through reading. did. (the article ishere)

First in Japan to receive interest on digital securities (ST) with Rakuten Cash Daiwa Securities and others to issue publicly offered bonds (2/22)

Domestic companies such as Mitsubishi UFJ Trust and Banking and Rakuten Securities announced on the 21st that they will collaborate to issue publicly offered security token bonds with full interest payments made in electronic money. Utilizing the blockchain-based platform “Progmat,” the public offering is scheduled to target individual investors. (the article ishere)

Oasys partners with Kakao Games subsidiary METABORA SG to strengthen its presence in the Korean game market (2/22)

On the 22nd, game-specific blockchain Oasys (OAS) announced that it has entered into a partnership with METABORA SG, a subsidiary of Kakao Games, a major Korean game company. We will strengthen our presence in the Korean game market. (the article ishere)

“Improving liquidity is the key” Oasys discusses with Liberal Democratic Party Digital Society Promotion Headquarters and domestic Web3 promotion (2/22)

Oasys announced on the 21st that it held discussions with the Liberal Democratic Party's Digital Society Promotion Headquarters Web3 Project Team about the current state and future potential of the blockchain game market. The company says it will continue to work with the government to strengthen the international competitiveness of Japan's Web3 market. (the article ishere)

Startail Lab raises 500 million yen from Samsung and Singapore's major bank UOB (2/22)

On the 22nd, Sota Watanabe, CEO of Startale Labs, which handles Japan's Web3 product “Aster Network (ASTR),” announced that he has added seeds from Samsung Next, the investment arm of the Samsung Group, and the investment arm of Singapore's UOB. The company announced that it has raised approximately 500 million yen in a round. (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

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