Japan - The Daily Scrypt

USD/JPY Forecast: Yen Plummets as Dollar Hits New Highs Post-Trump Victory

The USD/JPY pair has experienced a sharp decline in the value of the yen as optimism surrounding President Trump’s election victory boosts the dollar. Despite the Bank of Japan’s move towards rate hikes, concerns about a weakening yen and the future of US interest rates have brought market volatility into sharp focus. As officials call for rate hikes to support the yen and new US data impacts Fed rate predictions, the currency pair hits new milestones.

Japanese Financial Giants Push for Bitcoin and Ethereum ETF Priority

Ava3 months ago03 mins

Major Japanese financial institutions, including Mitsubishi UFJ Trust and Nomura Securities, have submitted proposals urging regulators to prioritize Bitcoin and Ethereum for potential cryptocurrency ETFs, citing their market stability and long-term investment potential.

XRP Gains Traction Despite SEC Appeal: BRICS and Japan Lead Adoption

Ava4 months ago4 months ago03 mins

Despite the SEC’s ongoing legal battle with Ripple, XRP continues to gain adoption among BRICS nations and Japan. The cryptocurrency’s utility as a bridge asset remains attractive to global financial institutions.

Gate.io Exits Japan: Crypto Exchange Halts Services

Ava6 months ago03 mins

Gate.io announces the termination of its services in Japan, citing regulatory compliance as the primary reason. The exchange will assist users in migrating assets to compliant platforms.

Sony Enters Crypto Market with Japanese Exchange Acquisition

Ava7 months ago03 mins

Sony is set to launch a cryptocurrency exchange in Japan after acquiring Amber Japan, marking its entry into the digital asset trading sector.

Ripple Launches Fund to Boost Blockchain Innovation in Asia

Ava7 months ago7 months ago03 mins

Blockchain firm Ripple has launched a new fund aimed at driving innovation on the XRP Ledger and expanding its presence in the Japanese and South Korean markets.