Japanese stocks clocked their biggest weekly loss in nine months as investors refrained from placing big bets amid a resurgence in COVID-19 cases and on U.S. inflation scare, despite a slight climb in ... ( read original story ...)
Elon Musk Again Sent The Dogecoin Price Sharply Higher—After Revealing He ‘Strongly’ Believes In Bitcoin And Crypto
The bitcoin and cryptocurrency roller coaster has continued its wild ride this week, with the "joke" digital currency dogecoin jumping in ... ( read original story ...)
Bitcoin price crash – live: Crypto market value tumbles as Elon Musk voices concern about digital currencies
Bitcoin – as well as dogecoin and other cryptocurrencies – have dropped in value in the wake of a critical tweet from Elon Musk. The Tesla chief executive said that his company would no longer be ... ( read original story ...)
Coinbase CFO on crypto investors, dogecoin and growing competition
In a wide-ranging interview on CNBC, Coinbase CFO Alesia Haas spoke with Jim Cramer about the adoption of crypto currencies and volatility in digital coins. ( read original story ...)
Japan’s Nikkei 225 jumps more than 2%; Alibaba shares in Hong Kong plunge nearly 5%
Those losses came after Singapore said Friday it’s “very likely” that the air travel bubble with Hong Kong will not begin May 26. SINGAPORE — Stocks in Asia-Pacific mostly rose in Friday trade, ... ( read original story ...)
Japan’s most expensive bank hides in a 7-Eleven
ValueAct’s tilt at Seven & i involves deciding what to do with its 40% stake in the only Japanese lender trading over book value. Seven Bank mostly runs ATMs, a model threatened by digitisation. Yet ... ( read original story ...)
Japan Finance Minister: Not considering compiling extra budget now to respond to coronavirus
Japan's government is not considering crafting a supplementary budget to respond to the coronavirus pandemic immediately given there's still money left to tap in the emergency budget reserve, Finance ... ( read original story ...)
Japan’s Aso: To spend JPY512 B in emergency budget reserve to secure covid vaccines
Japanese Finance Minister Taro Aso said on Friday, the Cabinet has decided to spend JPY512 billion in emergency budget reserve to secure coronavirus vaccines. However, he added that the Ministry is ... ( read original story ...)
Amazon seeks renewable power for Japan data centres – Nikkei
TOKYO (Reuters) - Amazon.com Inc is in talks with Japanese power utilities and trading houses to build a renewable power plant in Japan to procure clean energy for its local data centres, the Nikkei ... ( read original story ...)
Crypto Mogul Vitalik Buterin’s $1B Donation of ‘Petcoins’ to Charity Backfires
Vitalik Buterin contributed massive sums of dog-related joke coins, which he’d received as part of a marketing stunt, to a fund for Covid relief in India and other charities. ( read original story ...)
Coinbase revenue tripled from last quarter as crypto prices skyrocketed
Coinbase revenue and net income skyrocketed in the first quarter of 2021 as the cryptocurrency trading platform capitalized on a boom in crypto prices and corresponding interest from investors. Here’s ... ( read original story ...)
Cross-border deals need broad skills in time of trade war and pandemic
For global commercial lawyers, advising on cross-border deals between local investors and foreign capital raisers is difficult at the best of times. But when the deal involves US and Chinese interests ... ( read original story ...)
Cardano Surges During $300 Billion Crypto Crash As Musk Eyes Sustainable Bitcoin Alternatives
Cardano's ada, the world's fourth-largest cryptocurrency, is the most valuable token that analysts are homing in on after the eccentric billionaire's big bitcoin pivot. ( read original story ...)
Accredited Investors Are The Future Of Crypto, But We Need To Ensure They Stay
Investments are pouring into Bitcoin and other cryptocurrencies, and not only from everyday retail investors but also from high-profile influencers and companies. Just recently, Tesla purchased $1.5 ... ( read original story ...)
Dogecoin falls 15% to below 40 cents on Elon Musk’s crypto about-face
Thursday's weakness continues a brutal week for dogecoin, the cryptocurrency that started as a joke nearly a decade ago but has risen to prominence this year. ( read original story ...)
Elon Musk’s U-turn on bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions get wiped off the digital assets market
Tesla suspended vehicle purchases through bitcoin and will instead explore other digital currencies that are less energy-intensive, Musk said. ( read original story ...)