🇯🇵 JAPAN'S BIGGEST #BITCOIN MOMENTS THIS YEAR:
✅ Japan approved a bill that regulates Bitcoin & crypto as financial instruments
✅ Metaplanet became the 3rd largest corporate holder of BTC
✅ Japan stated they plan to reduce taxes on #Bitcoin & crypto from 55% to 20%
✅ Japan is moving forward with approving Bitcoin ETFs
BULLISH 👀
The unexpected announcement about a powerful new Chinese AI model rattled US tech stocks Friday, as China’s President Xi took the stage at the World AI Conference in Shanghai. @minminlow and @MikeShepard4 talk with @EenaRuffini and @davidgura about China’s push for AI dominance and the impact on US companies.
WHY ASIA WAS BULLISH ON BITCOIN THIS WEEK:
🇭🇰 Hong Kong public company Boyaa Interactive added 108 BTC to its treasury
🇰🇷 South Korea officially recognized Bitcoin and crypto as national assets
🇸🇬 Singaporean public Bitcoin mining company Canaan added 49 BTC to its treasury
🇯🇵 Japan passed the Financial Instruments and Exchange Act classifying Bitcoin and crypto as financial products
ASIA IS BUILDING 👀
JUST IN: 🇯🇵 Japan Public company Bitcoin Japan Corporation has raised $60 million through convertible bonds, allocating $4.08 million to make its first buy for their BTC treasury 👀
BULLISH 🚀
At Bitcoin Asia 2025 Balaji Srinivasan stated “When #Bitcoin wins, real estate falls in real terms.” 👀
“People stop using houses as an investment and they invest in BTC.” 🔥
🇺🇸 UPDATE: Fed Chair Kevin Warsh is scheduled to deliver his first Congressional testimony on monetary policy on July 14 before the House Financial Services Committee.
President Trump lauded Indian Prime Minister Narendra Modi and said that Washington and New Delhi were “very close” to finalizing a long-awaited trade agreement.
Trump added that while Modi looks “like an angel, but actually, he’s as tough as a killer" https://t.co/isgMxlHKEa
Trump said that Iran can access a $300 billion private fund 'only if they’re doing things right' and that the US has taken a lot of Iran's money which will at 'some point' have to be returned