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Crypto

Japan seen as possible launch market for spot XRP ETF

A spot XRP exchange-traded fund could draw large inflows from pension funds and financial institutions and help expand the XRP market if it is approved in Japan, an analysis said. Observers cited Japan’s regulatory overhaul and distribution networks as factors that could support ETF demand and spur broader institutional interest in Asia. Japan’s cabinet has approved a bill to reclassify 105 cryptocurrencies as financial products, with implementation expected in fiscal 2027.

Finance

Japan stock market breaks 40-year silence, nears revival

Japan\'s stock market is being assessed as close to a \"true revival\" for the first time in 40 years, Business Insider reported. The Nikkei 225 has risen about 30 percent this year and topped 67,000 for the first time, helped by Japan\'s role in the AI semiconductor supply chain. Gains have been supported by semiconductor equipment stocks, SoftBank investments, Berkshire Hathaway purchases, foreign inflows and stronger-than-expected GDP growth.

Crypto

Bitcoin Pizza Day: 10,000 BTC for two pizzas now worth more than 1 trillion won

The 10,000 bitcoins spent on two pizzas in 2010 have grown to a value well above 1 trillion won, drawing renewed attention to changes in bitcoin’s purchasing power and supply. Binance marked Bitcoin Pizza Day by outlining reduced new supply through halving cycles, the rising share of already-mined coins and examples of today’s purchasing power across major cities. It also cited growing institutional holdings, including listed companies, ETFs and governments.