SBI just paid $289M for Bitbank. Japan's crypto consolidation is still going.
The deal gives SBI the account base, custody stack, and stablecoin rails to look like Japan's default crypto gatekeeper.


Total mcap
$2.12T
BTC dominance
56.3%
ETH 8.9%
DeFi TVL
$69.45B
Fear & Greed
🐻 12 Extreme Fear
Yesterday 17 · last week 15
The deal gives SBI the account base, custody stack, and stablecoin rails to look like Japan's default crypto gatekeeper.

bitcoinBitcoin's oldest holders just cut selling to 962 coins. That takes pressure off, for now.
2 min read
stablecoinsRipple's stablecoin just won Japan's approval. Tether and Circle now have the wrong passport.
2 min read
ethereumBitmine and a wallet linked to a16z bought over $100M in ETH on Tuesday. The ETF data goes the other way.
1 min read
ssv-networkSSV Network dropped $4.5B in deposits in 24 hours. No cause confirmed.
2 min readTotal mcap
$2.12T
BTC dominance
56.3%
ETH 8.9%
DeFi TVL
$69.45B
Fear & Greed
🐻 12 Extreme Fear
Yesterday 17 · last week 15
Every topic is its own mini desk.
Projects the desk is watching
BitcoinBTC
$59,444
-1.60%EthereumETH
$1,567
-3.70%BNBBNB
$554.01
-1.36%XRPXRP
$1.04
-2.69%SolanaSOL
$66.48
-1.79%Monero XMR
-5.20%