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    • Weekly Cryptocurrency News (+Asia Special) | Strong interest in Arthur Hayes and ARK Invest’s market analysis

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    This week’s news

    We bring you a summary of the most popular crypto asset (virtual currency) news over the past week (2/3 to 2/9).

    This week, articles on market analysis by Arthur Hayes, former CEO of virtual currency exchange BitMEX, and ARK Invest, as well as articles on the Metaverse app supported by Apple’s mixed reality headset, Vision Pro, attracted the most attention.

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

    This week’s featured news

    The first Web3 metaverse is scheduled to appear in Apple’s “Vision Pro” Virtual currency VR soars (2/3)

    Victoria VR, a blockchain-based VR (virtual reality) development company, announced on the 2nd that it will release a Metaverse app compatible with Apple’s Vision Pro mixed reality headset. In response to this, Victoria VR’s VR token soared, rising 60% from the previous day. (the article ishere)

    Ark Invest 2024 Bitcoin market is “in the early stages of a bull market” (2/3)

    ARK Invest has expressed strong expectations for Bitcoin (BTC) in its annual report “Big Ideas 2024.” The company, led by Cathie Wood, noted that long-term investing in Bitcoin can offer high returns for institutional investors. (the article ishere)

    Arthur Hayes makes extremely bullish predictions for Bitcoin price, predicts US bank bailout measures (2/7)

    On the 6th, former BitMEX CEO Arthur Hayes posted a super bullish scenario on X that the price of Bitcoin could rise to $1 million. He says he expects a bailout for U.S. banks. (the article ishere)

    financial market

    Miner selling continues ahead of Bitcoin halving, Coinbase report points out that selling pressure is drying up (2/5)

    The Bitcoin price on this day was 1.43% lower than the previous day to 1 BTC = $42,389. The price has stalled at the $44,000 resistance line (upper price resistance line), and selling has also been caused by major miners who want to secure cash reserves in preparation for the halving scheduled for April this year. (the article ishere)

    Ethereum, which is trending steadily, rose 3.8% from the previous week, while Solana, which suffered a major failure for the first time in a year, temporarily fell (2/7)

    Ethereum (ETH) remained relatively strong, rising 2.2% from the previous day. The Solana (SOL) blockchain experienced its first major failure since February 2023. (the article ishere)

    Bitcoin rapidly recovers and returns to the $46,000 level, approaching the highest price since the beginning of the year (2/9)

    Bitcoin rose 3.3% from the previous day to 1 BTC = $46,151. From the opening price of $43,100 on the 6th, it continued to rise significantly over the three-day period, and was within range of the year-to-date high of $49,100 on January 11th. (the article ishere)

    Asia special feature

    Hong Kong to regulate virtual currency OTC platforms (2/5)

    Christopher Hui, director-general of Hong Kong’s Financial Services and Treasury Board (FSTB), argued on the 2nd that over-the-counter trading (OTC) of virtual currencies needs to be regulated. He said that soon he plans to start consultations on the regulatory framework. (the article ishere)

    Next-generation idol project led by Yasushi Akimoto and others adopts Web3-based Astar zkEVM (2/7)

    Startail Lab, a Web3 development company led by Sota Watanabe, announced on the 7th that it will be participating in the idol project promoted by “YOAKE Entertainment Co., Ltd.”, which was established by major domestic entertainment companies including Asobi System. This partnership aims to establish a new idol economic zone using tokens and expand it globally. (the article ishere)

    Moving forward towards the realization of a limited liability company type DAO, the Financial Services Agency releases a proposal for deregulation of tokenized employee rights (2/7)

    In Japan, with the development of Web3, the legal framework for “DAO (Decentralized Autonomous Organization)” is currently being developed. This is an effort to clarify the legal nature of DAOs, which are comprised of members participating in specific projects, operational rules, members’ responsibilities and ownership, tax relationships, etc., and to create an environment where DAOs can be used with peace of mind as options. be. (the article ishere)

    Doodles x G-SHOCK collaboration will be released in February at Shibuya Parco pop-up stores, etc. (2/8)

    Details of the collaboration between the excellent NFT (non-fungible token) brand “Doodles” and Casio Computer’s shock-resistant “G-SHOCK” have been revealed. (the article ishere)

    Deloitte Tohmatsu uses Astar zkEVM in Japan Sports Agency demonstration project (2/9)

    Deloitte Tohmatsu Consulting LLC announced on the 9th that it will use its own NFT development tools to support the blockchain technology “Astar zkEVM” developed by Stake Technologies and Startale Lab, in order to support companies and organizations in building NFT-based services. announced that. (the article ishere)

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

    Featured Web3 conference schedule

    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.

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    The post Weekly Cryptocurrency News (+Asia Special) | Strong interest in Arthur Hayes and ARK Invest’s market analysis appeared first on Our Bitcoin News.

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