Asia-Pacific stocks fell in Wednesday morning trade, with Japan's Nikkei 225 dropping nearly 2%. The Nasdaq Composite plunged nearly 3% overnight on Wall Street as tech names fell amid rising bond ... ( read original story ...)
Traders Optimistic About Japan Assets Regardless of Party Winner
Kono losing “may be perceived as a disappointment by foreign investors, who tend to be strangely supportive of English-speaking candidates,” wrote Nicholas Smith, a strategist at CLSA Securities Japan ... ( read original story ...)
Much at stake as Japan votes on new prime minister, who will face multiple crises
The stakes are high as Japanese governing party members vote Wednesday for four candidates seeking to replace Yoshihide Suga as prime minister. ( read original story ...)
Olympics-Hospitalisations during Tokyo 2020 Games higher than initially reported, say organisers
A total of 25 people were hospitalised due to COVID-19 during the Tokyo 2020 Olympic Games, instead of the initially reported five, organisers said on Tuesday evening. "The initial five we reported ... ( read original story ...)
How to invest wisely in crypto and meme stocks: Two industry pros weigh in
Mark Hulbert, founder and president of the Hulbert Financial Digest, warns that 'stubborn bullishness' among investors vowing to buy the dip or 'hold on ... ( read original story ...)
Tesla CEO Elon Musk says US government should avoid regulating crypto
Tesla chief Elon Musk on Tuesday said the government should steer clear of trying to regulate the crypto market. ( read original story ...)
China may finally be serious about cracking down on crypto
CNBC's MacKenzie Sigalos reports on China's latest moves to crack down on its domestic crypto market and why these efforts have more teeth than past attempts at regulation. ( read original story ...)
Tokyo’s Nikkei opens down 2% on global market jitters
Tokyo's key Nikkei index opened down two percent on Wednesday, extending global market jitters, as traders worried about a strengthening dollar, rising oil prices and fears of a US debt default.The ... ( read original story ...)
CleanSpark CEO on Impact of China’s Crypto Ban on Mining, Global Markets
Following China's move to make crypto mining explicitly illegal within its borders, Alibaba will stop selling mining equipment on its platforms, and Bitmain will halt all machine sales to mainland ... ( read original story ...)
This Tiny Nation Is on a Fast Track to a Crypto Revolution
Crypto is the key to happiness. Or maybe not. The infighting is intensifying at the Federal Reserve. Germany is just as divided as America, but not nearly as salty. Petrol panic is quickly turning ... ( read original story ...)
Crypto-trading hamster Mr. Goxx is up over 16% since June
The hamster, named Mr. Goxx, likely after a now defunct crypto exchange Mt. Gox, has been trading cryptocurrency since June, and has seen gains of 16.62% as of Monday. The S&P 500 has gained about 4% ... ( read original story ...)
Verifone Partners With BitPay, Will Accept Crypto
The point of sale company, Verifone, has partnered with BitPay, allowing cryptocurrency to be accepted at any retail store that uses the Verifone points-of-sale pin pads. Learn how smart money is ... ( read original story ...)
How Nimiq Is Pioneering A New ‘Pledge 2%’ Crypto For Good Model To Inspire The Industry
Nimiq is a unique cryptocurrency which is championing the idea of ‘Crypto for Good’ - and announcing an innovative new ‘Pledge 2%’ model which they hope other cryptocurrencies adopt (in much the same ... ( read original story ...)
Coinbase has 29% upside as the exchange is the ‘flagbearer’ of the crypto economy, JMP says
Coinbase is a flagbearer in the development of the broader crypto economy, and we expect it will remain a leader in the industry,' JMP said. ( read original story ...)
A crypto exchange accidentally paid a $24 million fee for a $100,000 ethereum transaction – but the miner agreed to return it
Bitfinex paid $24 million in transaction fees in one of the biggest "fat-finger" errors in crypto history, but has now got most of the money back. ( read original story ...)
Crypto may have a new foe as the SEC names its next general counsel
The SEC has named Dan Berkovitz, a commissioner at the Commodity Futures Trading Commission, as its next general counsel. ( read original story ...)