Virtually all top tokens, including bitcoin and ether, have lost more than half of their value since January. Coinbase, the largest and only public crypto exchange in the U.S., has seen its shares ... ( read original story ...)
The crypto collapse shows the Fed’s job is ‘almost complete’ against inflation, Jim Cramer says
"There is one front in the war on inflation that's been an outstanding total victory for the Fed," the "Mad Money" host said. ( read original story ...)
Japan’s Nikkei tracks Wall Street lower on worries over U.S. economy
TOKYO, July 1 (Reuters) - Japan's Nikkei index erased early gains to trade lower on Friday tracking overnight Wall Street losses, as investors were worried about an economic slowdown in the United ... ( read original story ...)
Bill Gates Lambastes Crypto and NFTs, Says They’re Based on ‘Greater Fool Theory’
The tech billionaire reiterated his support for traditional investing over the crypto craze, saying that he was “not long or short” on virtual assets, which have plummeted dramatically in price amid a ... ( read original story ...)
EU agrees on landmark regulation to clean up crypto ‘Wild West’
The new law, known as Markets in Crypto-Assets (MiCA), is the first attempt at creating a comprehensive regulatory framework for digital assets in the EU. ( read original story ...)
Tokyo June core consumer prices rise at fastest pace in 7 years
Core consumer prices in Japan's capital Tokyo rose 2.1 per cent in June from a year earlier, data showed on Friday, marking the fastest pace of increase in seven years in a sign of broadening ... ( read original story ...)
Living through Japan’s hottest summer on record
Even though summer has barely begun, 263 places across Japan have seen temperature records broken in the last six days, according to meteorologist Sayaka Mori. Tokyo on Thursday touched 36.4C - the ... ( read original story ...)
Japan business mood worsens for 2nd quarter amid rising costs
Japanese big manufacturers' business confidence soured for the second straight quarter in the three months to June, a central bank survey showed on Friday, hit by rising input costs and supply ... ( read original story ...)
Japan’s factory activity growth slows in June – PMI
Japan's factory activity growth slowed in June as supply disruptions in part due to China's strict COVID-19 curbs hurt manufacturers, keeping the economy underpowered and with few catalysts in the ... ( read original story ...)
EUR/JPY faces barricades around 143.30 despite weak Japan’s Unemployment data
The EUR/JPY pair is sensing barricades around 143.30 despite the increment in Japan’s Unemployment Rate. The Statistics Bureau of Japan has reported the jobless rate at 2.6%, higher than the estimates ... ( read original story ...)
Japan in energy-saving period for 1st time in 7 yrs amid heat wave
Japanese households and businesses on Friday entered a three-month period to conserve electricity to prevent a power crunch amid a re ... ( read original story ...)
Woman arrested for abandoning newborn baby girl in Osaka parking lot
Police in Osaka have arrested a 28-year-old unemployed woman on suspicion of abandoning the body of her newborn baby girl in a car parking lot this month. According to police, the woman, Erika Yoshida ... ( read original story ...)
No, ‘Elvis’ Star Austin Butler Did Not Punch Out Ezra Miller in a Tokyo Bar, Sources Say
Beast, David M. Benett and Jeremy Chan/Getty ImagesEzra Miller did not get into a fight with Austin Butler, a source close to Butler told The Daily Beast.The fake encounter appears to have originated ... ( read original story ...)
Tokyo Heatwave Hints at Even Bigger Power Crunch for Summer Peak
Tokyo this week saw its second major power crunch of the year, stretching the grid and forcing offices to turn off lights to conserve electricity. But the worst may be yet to come. The situation in ... ( read original story ...)
Tokyo raises alert level amid resurgence in COVID-19 cases
The Tokyo metropolitan government raised its COVID-19 alert to the second-highest of four levels Thursday amid a continuous rise in coronavirus infections for two consecutive weeks. Experts attending ... ( read original story ...)
3 Chinese navy ships circumnavigate Japan as Tokyo remains on alert
Three Chinese navy ships have circumnavigated the Japanese archipelago over the past weeks, as Tokyo stays on alert for increasing military activity by Beijing and Moscow in nearby waters, Japan's ... ( read original story ...)