Japanese Government Has No Plans to Consider Bitcoin Reserves

Quick Summary:

Amidst raising institutional adoption of Bitcoin and global countries considering it for creating a reserve fund, Bitcoin is struggling to regain its previous highs.

After falling to the lows of $92,000 price range, Bitcoin is slowly recovering and is trading in the $98k range today.

He further emphasized that Bitcoin is decentralized in nature and it is less susceptible to the influence of countries and institutions.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab EmiratesBrazilJapanUnited States

Topics: Crypto Adoption Market News Bitcoin reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 06:10:07 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24670961

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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