Bitcoin & Ethereum: Institutional Adoption Grows in Japan, BTC 'Strong Hands' Return, Crypto Crime Persists
Bitcoin & Ethereum: Institutional Adoption Grows in Japan, BTC 'Strong Hands' Return, Crypto Crime Persists
Major developments across the crypto market include Japan's largest online brokerages, SBI Securities and Rakuten Securities, opening new investment trusts for Bitcoin and Ethereum, significantly expanding access for millions of retail customers. Concurrently, Bitcoin is exhibiting strong bullish signals as long-term holders accumulate a substantial 316,000 BTC, demonstrating 'strong hands' in anticipation of critical economic events. However, regulatory scrutiny remains a constant, highlighted by a US DOJ case alleging a Dream Market admin laundered millions in crypto into gold bars, underscoring ongoing challenges in the digital asset space.
Japan’s largest online brokerages are moving into digital assets. SBI Securities and Rakuten Securities are building in-house Bitcoin and Ethereum investment trusts for retail customers. The shift could reshape how millions of Japanese investors reach crypto. Here is what the plan involves and why it matters now. SBI and Rakuten Are Building In-House Bitcoin and
Bitcoin long-term holders added 316,000 BTC in 30 days as markets await FOMC minutes from Powell's final meeting.
US prosecutors charged alleged Dream Market admin Owe Andresen with laundering $2M crypto into gold bars shipped to Germany.