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Japan’s Yield Shock Is Sorting Assets
Below, I’ll explain why gold is tracking Japanese yields, why Japan is the pressure point and what this...Gold and Japan Are Moving Together… BTC?...Why Japan Is the Pressure Point Japan is uniquely sensitive to this dynamic....Japan can absorb higher yields over time....staying Japan.”...
8 Min
Macro & Markets
Jan 2026
While China Bans, Japan & Saudi Bet Big on On-Chain Finance
On May 19th, Japan’s governing party formally approved a framework called “Next-Generation AI and On-Chain...The Japanese move is the more structurally interesting one to me....It proposes tokenizing Bank of Japan current account deposits and building wholesale CBDC infrastructure...On May 19th, Japan’s governing party formally appr...
3 Min
Macro & Markets
May 2026
WBTC Supply Shrinks by Record Amount
🐣 Notable Tweets Monetary Policy Changes in Japan Japan will now allow 10-year yields to trade as...
4 Min
Infrastructure
Dec 2022
Market Musings - Reawakening The Animal Spirits
...recent policy shifts from the Fed and PBOC weren’t enough, look no further than the statements from Japan...Last week, Ishiba noted that Japan’s monetary policy must remain accommodative, solidifying the about...When we combine accommodative policy stance being adopted in the US, China and Japan, we get something...
16 Min
Macro & Markets
Oct 2024
The Dark Night Rises - Part 1
If we look outside, Japan is in the midst of a currency crisis, China is battling serious deflation pressures...The US-China-Japan Conundrum The other big central bank juggernaut is the PBOC....Meanwhile, Japan can’t really afford higher rates — and the country’s unsustainable fiscal path (extreme...
23 Min
Macro & Markets
Jul 2024
Why Asia Will Lead Web3 Gaming: Learnings From Token2049 & KBW
In Japan, Prime Minister Fumio Kishida has, on several occasions, publicly promoted the important role...Additionally, although much more of a pro-crypto market, Japan has its own struggles when launching Web3...Both ecosystems have strong ties to DoubleJump.Tokyo, which is the brainchild for many of Japan’s early..., Amazon Japan, and more.
42 Min
Gaming
Oct 2023
Something’s Gotta Give
We’ve seen big selloffs in other major sovereign bond markets across the UK, Germany, France, Japan…seemingly...Japan is another good example.
7 Min
Macro & Markets
Jan 2025
Market Musings - Through The Fire And Flames
...the last week in markets can be attributed to a few factors completely external to crypto markets: Japan...Japan Carry Trade Unwind Perhaps the largest culprit behind the recent global risk asset purge has been...rates (interest rates in Japan have been near zero for quite some time) Investors take this Yen and...
14 Min
Macro & Markets
Aug 2024
Delphi's Office Hours (6th of August, 2024)
Was it all macro led due to the bank of japan hiking, does dispersion get even worse from here, and what...Um, it got to a point where you had a surprise Bank of Japan rate increase....We were talking about this U S Japan kind of China conundrum....So, what this shows is that rate differential between the US and Japan versus again, the US dollar Japanese...
Macro & Markets
Aug 2024
Market Musings - Knock, Knock, Knockin’ on ATH’s Door
...recent policy shifts from the Fed and PBOC weren’t enough, look no further than the statements from Japan...Last week, Ishiba noted that Japan’s monetary policy must remain accommodative, solidifying the about...Japan, China, and the US (and more) are embarking on the single greatest coordinated easing journey we...
14 Min
Macro & Markets
Oct 2024
A Fragile Absorption: The 2025 TGA Refill and the New Liquidity Regime
For decades, overseas central banks and investors – notably China and Japan – were reliable sources of...Treasury data show that China and Japan have collectively reduced their Treasury holdings by over $400...Japan’s holdings have similarly declined, recently settling near $1.1 trillion well off the ~$1.3 trillion...
26 Min
Macro & Markets
Aug 2025
A New Dawn for Web3 MMOs: Incentivized UA and ServerFi
Teams with a proven track record in China, South Korea, Japan, and South East Asia (SEA) are well positioned...Interestingly, in Japan, a market that is typically not great for MMORPGs, FF14 stands out as being the...divided into five core demographics: Brazil (34%), Philippines (17%), China (13%), Indonesia (5%), and Japan...
31 Min
Gaming
Sep 2024
No Pain, No Gain
At the limit, this likely results in some sort of “Japanification” of the US bond market, to which Howell...Did the Japanification matter for Japan? You end up with the Bank of Japan owning most of the debt....Okay, fine, but what’s the cost of the Japanese economy?
13 Min
Macro & Markets
Apr 2024
Market Musings - Crypto's Apathetic Recovery
The Japanese Carry Trade Unwind chaos was a prime example of this as the BoJ attempted to increase interest...It was such a good example that the Bank of Japan Deputy Governor Shinichi Uchida came out and said that...
11 Min
Macro & Markets
Aug 2024
Growing Potatoz In Memeland
Prada Timecapsule 2 .Boso Tokyo is a Japanese PFP project led by Tenjin Hidetaka, a popular Japanese...Afromance is part of the team: he is co-founder of Burning Japan, the regional event for Burning Man,...Asian flavor to this project: an estimated 40% of whitelist spots have been allocated to Chinese and Japanese...
10 Min
NFTs
Aug 2022
Delphi Office Hours Call Ft. Ledger (September 1st, 2022)
I think Japan is doing it right now. It’s not working, and that would be a dangerous scenario....I know you mentioned Japan, Kevin. I know we’ve spoken about that....think at some point in the past, the parallels between maybe our current situation and the situation in Japan...
54 Min
Macro & Markets
Sep 2022
$ASTO Discovery Auction, Murakami Flowers & Notable Mints
Murakami.Flowers by artist Takashi Murakami is evocative of Japanese TV games created in the 1970s....Lost SamuRise is a faction-based strategy game based on elements from Samurai culture in classical Japan...
12 Min
NFTs
Mar 2022
Out of The Frying Pan, Not Out of The Fire
The Bank of Japan raised its inflation forecast but maintained ultra-low interest rates despite the yen...
11 Min
Macro & Markets
Jul 2022
January Gaming Roundup
Psychic VR Labs raises 1B Japanese Yen (~$7.8M) to further develop its VR and XR technology....Psychic VR is one of Japan’s leading extended reality (XR) firms and previously collaborated with Animoca...YGG Japan, a sister company to Yield Guild Games, raises $2.95M in funding with participation from Square...
20 Min
Gaming
Feb 2023
Alethea AI, Gem Overtakes Genie, The Idols Drop
...minute: “nvm, decided to hodl” Rakuten launches NFT marketplace to capitalise on growing popularity in Japan...
13 Min
NFTs
Mar 2022