Weekly Cryptocurrency News (+Asia Special)

news of the week
We summarize the most popular cryptocurrency (virtual currency) news from last week (2/17 – 2/23).
This week’s article includes the surge in World Coin (WLD), major investment bank Goldman Sachs’ selection of Japanese stocks as the ‘Seven Samurai’, and Coinbase’s large-scale Bitcoin (BTC) withdrawal. It attracted the most attention.

index

This week’s main news
financial market
Asia Special

This week’s main news
World Coin (WLD) soars, raising suspicions over 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 since OpenAI announced an AI that generates video. (article is here)
A total of 140 billion yen worth of Bitcoin was withdrawn from Coinbase in the United States. Is your sales pressure decreasing? (2/21)
It was revealed that a total of 140 billion yen worth of Bitcoin was withdrawn from Coinbase, a major U.S. virtual currency exchange. In terms of Bitcoin volume, a total of over 18,000 BTC was withdrawn. (article is here)
Goldman Sachs selects ‘Seven Samurai’ as representative of Japanese stocks (2/21)
As the Nikkei Stock Average reached its highest level in 34 years after the bubble burst, it was reported that Goldman Sachs selected the ‘Seven Samurai’ to represent the Japanese stock market. This means that expectations for the Japanese stock market are high. (article is here)
financial market
Bitcoin and Ethereum futures markets are struggling in the $50,000 range and are feeling overheated (2/20)
On this day, the Bitcoin price rose 0.7% from the previous day to 1 BTC = $51,567. Among major alts, Ethereum (ETH) rose 2.8%, XRP rose 1.4%, and Solana (SOL) rose 3.2%. (article is here)
Ethereum continued 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 1ETH = $3,000 level for the first time since April 2022. In this report, we analyzed the background to the price increase. (article is here)
Nvidia’s strong financial performance sends its stock price up significantly along with cryptocurrency AI stocks | The 22nd Financial Tankan (2/22)
NVIDIA announced its financial results for the November to January period (4th quarter) after the market closed. The content was well received, and the stock price soared +9.77% after hours. (article is here)
Asia Special
To promote Japanese VC investment in Web3 companies, the Cabinet approved a bill on the acquisition of virtual currency by LPS (2/17).
The Ministry of Economy, Trade and Industry announced on the 16th that the Cabinet decided to add virtual currency to the list of assets that limited partnerships (LPS) can acquire and hold. If this law amendment comes to fruition, Japanese venture capital (VC) will be able to invest in projects that issue only virtual currency. (article is here)
LINE NEXT partners with “ReadON” to read and sell 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 signed a strategic partnership with ReadON, which provides a ‘Read to Earn’ service that allows users to receive rewards through reading. did. (article is here)
Japan’s first public bond issue with interest on digital securities (ST) from Rakuten Cash Daiwa Securities, etc. (2/22)
Domestic companies such as Mitsubishi UFJ Trust Bank and Rakuten Securities announced on the 21st that they will cooperate in the issuance of public securities token bonds with all interest paid in electronic currency. This public offering will be conducted for individual investors using the blockchain-based platform ‘Progmat’. (article is here)
Oasis strengthens its position in the Korean game market by joining hands with Kakao Games subsidiary METABORA SG (2/22)
Game specialized blockchain Oasis (OAS) announced on the 22nd that it has signed a partnership with Metabora SG, a subsidiary of Kakao Games, a leading domestic game company. We will strengthen our position in the Korean game market. (article is here)
“Improving liquidity is the key” Oasis, Liberal Democratic Party Digital Society Promotion Headquarters and domestic Web3 promotion and discussion (2/22)
Oasis announced on the 21st that it had discussions with the Web 3 Business Team of the Digital Society Promotion Headquarters of the Liberal Democratic Party about the current status and future possibilities of the blockchain game market. The company said it will continue to work with the government to strengthen the international competitiveness of Japan’s Web3 market. (article is here)
Startail Lab attracted 500 million yen from Samsung and UOB, a major bank in Singapore (2/22)
Sota Watanabe, CEO of Startale Labs, which handles Japan’s Web3 product ‘Aster Network (ASTR)’, said on the 22nd that Samsung Next, an investment affiliate of Samsung Group, and Singapore’s UOB, an investment affiliate, It was announced that a seed was added from Samsung Next. . The company announced that it had raised approximately 500 million yen in one round. (article is here)
Connection:Why Japan needs a large-scale Web3 conference | WebX Founder Interview

Asia’s largest Web3 conference ‘WebX 2024’ will be held at Tokyo Prince Park Tower https://t.co/pogMJ9oqDw
This event is scheduled to be held over two days, August 28 (Wednesday) and August 29 (Thursday), 2024. We hope you apply a lot!
— Coin Post (Virtual Currency Media) (@coin_post) September 29, 2023
Key Web3 Conference Dates
Conferences related to Web3 and virtual currency/blockchain are becoming more active around the world. 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 themed around Web3 and AI and will be held at the Toranomon Hills Forum in Tokyo from April 13th to 14th.
TEAMZ WEB3/AI SUMMIT 2024 is an event focusing on the potential for synergy in the AI ​​and blockchain fields, which is attracting attention due to the revival of OpenAI and ChatGPT, following this year’s TEAMZ WEB3 SUMMIT 2023.
According to the official page, more than 120 speakers, including more than 200 VCs, investors, and exhibitors, are scheduled to attend next year. 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 the Japanese Web3 industry. This year, the main theme is WEB3 and AI, which are recent trends… pic.twitter.com/JsjXkV9ZDe
— TEAMZ, Inc. (@teamz_inc) November 7, 2023
CoinPost Official App

CoinPost official app (1.7.15) has been released for iOS and Android.・iOS17 compatibility ・Improved in-app WebView display ・Improved behavior when tapping notifications… pic.twitter.com/Y8dikLRBe7
— Coin Post (Virtual Currency Media) (@coin_post) November 15, 2023
¥nhttps://imgs.coinpost-ext.com/uploads/2020/06/coinpost20200624_2.jpg –>

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