Obsidian News

In Kyoto, which is regaining its bustle with inbound tourists, there is a movement to create next-generation business growth by utilizing non-fungible tokens (NFTs) based on the metaverse (virtual space) and blockchain. Its slowly spreading. On the...

BlackRocks IBIT recorded a trading volume of $1.35 billion on the 27th, exceeding the previous day's trading volume on the 26th. The US Bitcoin Spot ETF saw net inflows of $520 million on the 26th as Bitcoin rose to $57,000. The trading volume of...

In January, the overall market price fell in mid-January due to the sale of GBTC, the Bitcoin spot ETF provided by Grayscale, but the pace of outflow slowed in February. In addition, on February 5th, it was reported that MicroStrategy bought Bitcoin...

The supply of USD coins has increased by over 14% since December. The increase in liquidity is seen as a sign of fresh capital inflows following the launch of a Bitcoin spot ETF in the US. The presence of stablecoins is also growing in markets...

The sharp rise in Bitcoin’s funding rate suggests that leverage is biased towards the bulls. One observer said that rising funding rates provide extremely attractive arbitrage opportunities for crypto hedge funds. It seems that nothing can stop the...

On February 27th, BitPoint Japan became the first company in Japan to start handling Oshitoken (OSHI). Oshitoken (OSHI) is a crypto asset of the “OSHI3” project, which is mainly promoted by gumi, which operates mobile online game and blockchain...

bitFlyer will start handling “Dogecoin (DOGE)” at its sales offices from February 29th. Dogecoin is a parody coin based on the meme of the Shiba Inu “Doge” that has spread widely on the Internet, and was developed in 2013 based on Litecoin (LTC)...

Bitcoin’s price rise has shaken up leveraged bearish bets. Analysts say Bitcoin is poised to enter a new bull market and rise ahead of the impending halving of mining rewards. Leveraged short bets on Bitcoin (BTC) lost more than $150 million...

NYDIGs Greg Cipolaro points out that a fund's turnover rate, or dollar trading volume divided by the fund's net asset value, is a good metric to watch. The turnover rate of the entire Bitcoin spot ETF is 5.3%. Valkyrie's BRRR and Grayscale's GBTC...

Competition for stablecoins in Japan is intensifying. US Circle, which issues USD Coin (USDC), the US dollar-linked stablecoin with the No. 2 market capitalization, and Coincheck, a major domestic crypto asset trading company, announced a...