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Weekly Cryptocurrency News | High interest in Rich Dad author Kiyosaki's views on Bitcoin and Metaverse stock price analysis.
Here is a summary of the most noteworthy cryptocurrency news from the past week (5/24 to 5/30).
This week, the most attention was drawn to the X post about Bitcoin (BTC) by Robert Kiyosaki, the author of the bestseller "Rich Dad Poor Dad", an analysis of Metaplanet's stock, and news about U.S. Vice President J.D. Vance's appearance at a conference.
Table of Contents
This week's news highlights
"Bitcoin is an easy way to become wealthy" - Rich Dad Poor Dad author Kiyosaki (5/27)
On the 26th, Mr. Kiyosaki posted on X that Bitcoin is an easy means to become wealthy. He pointed out that the price of Bitcoin fluctuates, but such changes can also happen in real life. (Read the article here)
Is the Bitcoin price overpriced? Experts explain the reason for the 5x premium on Metaplanet stock (5/28)
On the 27th, 10x Research, which researches the cryptocurrency market, announced an analysis of the shares of the Japanese company Metaplanet, known for its Bitcoin financial strategy. Metaplanet adopts a strategy of allocating raised funds to Bitcoin, modeled after the US-based Strategy Inc. (Read the article here)
U.S. Vice President Vance announces efforts on cryptocurrency-related policies in three steps | Bitcoin 2025 (5/29)
Vice President Vance attended the large conference "Bitcoin 2025" on the 28th local time and gave a speech on the Trump administration's cryptocurrency policy. It is unusual for Vice President Vance, rather than President Trump, to mention cryptocurrency policy in public. (See the article here)
financial market
Trump's EU tariff delay rebounds Bitcoin, the background of HYPE's all-time high update (5/26)
On this day in the cryptocurrency market, Bitcoin is at $109,478, up 1.68% from the previous day. While the momentum of major altcoins is waning, the HYPE token of Hyperliquid has reached a new all-time high. (Read the article here)
Altcoins are under selling pressure, market attention on the Bitcoin conference featuring Vice President Vance's speech (5/27)
Altcoins have seen a pause in their rise, with profit-taking sales temporarily dominating. Meanwhile, amidst turmoil in the global economy, Bitcoin is trading in a high-price range. Market analysts have analyzed that this rise is supported not by speculative moves from individual investors but by steady fund inflows from institutional investors. (Read the article here)
The risk of Bitcoin adjustment increases due to profit-taking selling pressure = Renowned analyst Willy Woo (5/28)
Cryptocurrency analyst Willy Woo mentioned the overheated state of the Bitcoin market in a post on X on the 27th and issued a warning about the increasing pressure to realize profits. Renowned for his analysis utilizing on-chain data, Woo presented a short-term chart using a speculative model that indicates speculative trading activity and the SOPR model that shows the ratio of realized gains and losses. (Read the article here)
Asia Special
SBI VC Trade announces the discontinuation of handling Monacoin and Enjin Coin (5/27)
SBI VC Trade Co., Ltd., which operates a cryptocurrency exchange, announced that it will discontinue handling Engine Coin (ENJ), Monaco Coin (MONA), and FCR Coin (FCR) as of June 25, 2025. The affected tokens will no longer be handled as margin for "Over-the-Counter" trading, "Crypto Asset Savings," and "Leverage Trading." (See article here)
SBI's partner company "R3" has formed a strategic partnership with the Solana Foundation to build the next generation of digital capital markets (5/28)
On the 22nd, R3, a partner company of the domestic major SBI Group, announced a strategic partnership with the Solana (SOL) related organization "Solana Foundation." The purpose of the partnership is to connect public and private networks, expanding investment asset allocation options for investors and enhancing liquidity to build the next generation of internet capital markets. (Read the article here)
Sony Bank has decided to establish a subsidiary related to web3 business, with plans to start operations in autumn (5/28)
Sony Bank announced that at its board meeting on May 27, it has resolved to establish a wholly-owned subsidiary to develop web3-related businesses. It plans to obtain the necessary approvals from relevant authorities and aims to establish the company around June 2025 as a company for the advancement of other banking businesses. (See the article here)
The Pakistani government establishes Bitcoin reserves, reveals the CEO of the Virtual Currency Council (5/29)
Bilal Bin Sakib, CEO of the cryptocurrency council established by the Pakistani government, stated on the 28th that Pakistan plans to set up a government-led strategic Bitcoin reserve. This was said during the "Bitcoin 2025" event held in the United States. (Read the article here)
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