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Morning Minute is a every day e-newsletter written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially mirror these of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
Right this moment’s high information:
- Crypto majors fall Sunday after main restoration bounce; BTC at $69k
- Japan’s crypto-friendly PM wins landslide election, Japan markets soar
- White Home to host subsequent roundtable w/ banks & crypto companies on Tuesday
- MegaETH revealed that TGE relies on 3 main KPIs
- BNKR leads weekend worth motion as charges degree up
Japan’s Crypto-Pleasant PM Wins Landslide, Sending Japanese Markets
Japan simply gave crypto bulls a purpose to look East.
📌 What Occurred
Sanae Takaichi, chief of Japan's ruling Liberal Democrat Celebration, secured a projected 274-326 seats out of 465 in Japan’s decrease home on Sunday, crushing the opposition and cementing her standing as Japan’s strongest chief in years.
The “Takaichi commerce” instantly kicked in: USD/JPY climbed 0.2% to 157, whereas BTC/JPY jumped almost 5%.
The victory offers her a mandate to push by way of sweeping reforms, together with plans to slash crypto taxes from 55% to a flat 20%, enable loss carryforwards, reclassify main cryptocurrencies as monetary merchandise, and probably launch crypto ETFs by 2028.
Japan has seen 120%+ year-on-year progress in on-chain worth acquired, in keeping with Chainalysis.
🗣️ What They’re Saying
“My sincerest congratulations to Prime Minister Takaichi on her historic victory, securing the most important post-war electoral margin in Japanese historical past.
As [POTUS] has mentioned, she is not going to let the individuals of Japan down.
When Japan is powerful, the U.S. is powerful in Asia, and the Prime Minister’s nice relationship with President Trump demonstrates effectively the lasting bonds between our nations.” – Scott Bessent on X
JUST IN: 🇯🇵 Japan's Nikkei 225 inventory market hits document excessive, surging 6% following PM Takaichi's election victory. pic.twitter.com/Vr4YFZGGZa
— Watcher.Guru (@WatcherGuru) February 9, 2026
🧠 Why It Issues
Japan is the world’s third-largest financial system, and it’s about to turn out to be probably the most crypto-friendly main markets on the planet.
The present 55% tax on crypto features has pushed buyers offshore for years. A 20% flat charge plus loss carry forwards would make Japan aggressive with Hong Kong and Singapore in a single day.
Extra importantly, Takaichi’s mandate removes political uncertainty. The LDP now has a supermajority that may really go laws. Which means quicker tax reform, faster reclassification, and stronger backing for stablecoin and tokenization infrastructure.
The Japanese inventory market already responded, pumping 6% on its open Sunday evening.
Crypto possible received’t pump in a single day on the again of this information.
However we’ll take any constructive tailwinds we are able to get in these instances…
🌎 Macro Crypto and Markets
- Crypto majors are crimson in a single day after a significant aid rally on Friday brough BTC again to $70k; BTC -3% at $68.9K; ETH -5% at $2,030; SOL -5% at $84; XRP -3% at ~$1.40
- H (+11%), DCR (+9%) and WLFI (+4%) led high movers
- Bitcoin rebounded 11% on Friday, climbing again above $70K after touching $60K Thursday in its worst single-day drop since FTX collapsed
- XRP led the restoration, rocketing 17% because the bounce gathered momentum
- China formalized bans on yuan-linked stablecoins and categorised most RWA tokenization as unlawful
- The Monetary Occasions revealed an opinion piece positing that at $69k, Bitcoin continues to be $69k too costly
- The White Home is ready to host one other roundtable with crypto companies and banks tomorrow to push in the direction of settlement on Readability Act
- South Korean alternate Bithumb unintentionally credited customers with 2,000 BTC every as an alternative of a tiny money reward (recovered 99%)
- Coinbase’s crypto-backed loans notched document liquidations with $170M worn out by way of Morpho in per week, together with $90.7M on Thursday alone
- Cathie Wooden’s Ark Make investments bought $19M in Coinbase shares Thursday, simply days after shopping for extra COIN
- Bitfarms pumped on information that it’s pivoting from Bitcoin mining to AI, rebranding, and shifting to the U.S.
Company Treasuries & ETFs
- The BTC ETFs noticed $371M in web inflows on Friday whereas the ETH ETFs noticed $17M in outflows
- Block (Jack Dorsey) is chopping as much as 10% of employees (~1,100 jobs) because it pivots deeper into Bitcoin mining unit Proto and AI device Goose; nonetheless holds 8,780 BTC price ~$622M
- Technique, BitMine, Coinbase posted main rebounds Friday as BTC stabilized
Meme Coin Tracker
- Meme majors have been largely crimson down 3-5%; DOGE -4%, SHIB -4%, PEPE -6%, TRUMP -3%, FARTCOIN -7%
- BNKR almost doubled to $100M over the weekend after the protocol racked up ~$2M in weekly charges (now $84M)
- Pippin led quantity on Solana, leaping 24% to $260M
💰 Token, Airdrop & Protocol Tracker
- MegaETH revealed that its MEGA token received’t go stay (TGE) till 3 KPIs are hit, together with USDM hitting $500M+, 10 MegaMafia apps with baseline utilization and three apps with $50k+ in every day charges
- Coinbase adopted the Sui token normal, placing them alongside different supported requirements like ETH and SOL
- Crypto dot com CEO spent $70M on the area “AI.com”
🚚 What is occurring in NFTs?
- NFT leaders have been largely inexperienced over the weekend; Punks even at 29.9 ETH, Pudgy +6% at 4.54 ETH, BAYC +8% at 6.34 ETH; Hypurr’s -2% at 460 HYPE
- Del Mundos (+31%) and Clone X (+17%) led notable movers
