OKCoinJapan COO Daisuke Hakkaku talks about "Bitcoin (BTC) trends after the halving and OKCoinJapan's efforts"

2024/07/28 09:00 (Updated 2025/03/17 15:10)
Daisuke Hakkaku
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
OKCoinJapan COO Daisuke Hakkaku talks about "Bitcoin (BTC) trends after the halving and OKCoinJapan's efforts"

Cryptocurrency industry trends

In this fourth installment of our series, we will talk about the trends of Bitcoin (BTC) as it approaches its halving, one of the major events in the cryptocurrency industry, and our company's efforts related to the halving.

Global Overview

BTC, which will undergo its fourth halving on April 20, 2024, exceeded 11 million yen against the yen on April 7, breaking its ATH.

As mining rewards have been halved to 3.125 BTC, there are various speculations, such as the view that some miners who are no longer profitable in the short term will put pressure on them to sell, or that the hash rate and mining difficulty will gradually be adjusted, leading to an upward trend in prices.

Another positive factor in the current fundamentals is the accelerating inflow of funds into ETF products created by major US asset management companies Grayscale and BlackRock, following the approval of the first BTC spot ETF in the US in January this year.

According to BitcoinTreasuries.com, these ETFs hold a total of approximately 570,000 BTC, which is approximately 2.7% of the total issuance of 21 million BTC (as of April 26).

In relation to this, Tesla and MicroStrategy were once hot topics as companies that hold BTC, but the current number of BTC held by listed companies around the world is reported to be about 310,000, which shows the high level of attention that ETFs are receiving.

In Japan, listed companies have also announced their purchase of BTC, and the future in which BTC will be on par with traditional asset classes is becoming a reality.

The article is for members only. Please sign up to continue reading.

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
MAGAZINE
Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.