With blockbuster listings of his risky bets on Asia, Son has defied critics who said his gambles would not be embraced by investors. ( read original story ...)
Tokyo’s Nikkei share average opens down 0.55 pct
Japan's benchmark Nikkei average opened down 0.55 percent at 28,396.62 on Wednesday, while the broader Topix shed 0.42 percent at 1,911.37. nAZN017BM3 TOKYO, May 26 (Reuters) - Japan's benchmark ... ( read original story ...)
‘No regrets’: Meet the crypto developer who spent $3.7 billion in Bitcoin on pizza
It is the pizza delivery that will go down in the history of cryptocurrency. When Jeremy Sturdivant came across a request on an online crypto forum to send two large pizzas to computer programmer ... ( read original story ...)
Art Cashin explains why he doesn’t see a major link between crypto volatility and stock market
UBS veteran Art Cashin told CNBC he's nervous about the crypto market but doesn't see much of a connection to stock trading. ( read original story ...)
The Biden administration is reportedly looking at how to increase oversight of crypto to protect retail investors and prevent illegal activity
The administration is also analyzing potential gaps that may be used to finance illicit activities, sources told The Washington Post. ( read original story ...)
How SoftBank taught the market to love lossmaking startups
That was the perfect backdrop for Masayoshi Son's SoftBank Group. His investment team in Seoul had conducted an analysis of Coupang and its rivals, and found that while others had better cash flow, ... ( read original story ...)
Could the Tokyo Olympics be cancelled? 5 key questions about the delayed Games
The rearranged Olympic Games are due to get under way in Tokyo on July 23. However, with Japan’s capital still under a state of emergency, rising coronavirus infection rates in the country and strong ... ( read original story ...)
Olympics-‘Absurd’ to stage Tokyo Games, says professor of public health
A professor of public health and adviser to the New Zealand government said on Tuesday there was no justification for holding the Tokyo Olympics during a pandemic, and to go ahead would be 'absurd' ... ( read original story ...)
Are Crypto Stocks Worth A Look As Bitcoin Tanks To $35k?
Bitcoin prices have plummeted from levels of around $62,000 in mid-April to just about $35,000 as of Sunday. The sell-off is driven by factors including Tesla’s decision to not accept the digital ... ( read original story ...)
Where To Spend Bitcoin: A List of All the Places You Can Actually Use the Crypto
Is Bitcoin really usable as a currency? A lot of businesses are starting to accept it and some are figuring out ways to scale transactions. ( read original story ...)
Bitcoin Price Rollercoaster Continues as Banks Unsure How to Approach the Crypto
Goldman Sachs, HSBC and the Bank of England are among institutions to take different stances on the cryptocurrency. ( read original story ...)
How Has Coinbase Fared In Previous Crypto Bear Markets?
Coinbase was a big beneficiary of the crypto boom, with revenues in Q1 rising over 9x year-over-year to about $1.8 billion, as users flocked to its platform to cash in on soaring cryptocurrency prices ... ( read original story ...)
Biden targets crypto in tax clampdown
Transfers of cryptocurrencies worth more than $10,000 (£7,000) are at the centre of a crackdown by Joe Biden ’s administration. A report from the US treasury late last week warned that crypto ... ( read original story ...)
Olympics-Biden administration stands by Tokyo Games as COVID surges
The Biden administration on Tuesday reaffirmed its support for Tokyo's plan to hold the Olympic Games this summer and for U.S. athletes competing there despite a new wave of coronavirus cases and a U. ( read original story ...)
What Is a Bull Run in Crypto? Elon Musk Tweets, Deletes ‘Bull Run Is Over’ Meme
The Tesla and SpaceX CEO's tweet followed a period of significant decline for the cryptocurrency market over the past week or so. ( read original story ...)
Interest in crypto payments is widening among US consumers, per recent BitPay study
A BitPay study found US consumers are increasingly interested in making purchases with cryptos, creating a growth opportunity for payment providers. ( read original story ...)