In just a matter of weeks, millions of sports enthusiasts will be glued to their screens for one of the biggest sporting events of the year: the Tokyo Olympics. After a ... ( read original story ...)
Japan Has Y2,650.1 Billion Current Account Surplus In March
Japan posted a current account surplus of 2,650.1 billion yen in March, the Ministry of Finance said on Thursday - up 37.3 percent on ... ( read original story ...)
Overnight Crypto Sensation Sets Out to Undo Internet’s Failings
The cryptocurrency that shot to a more than $45 billion valuation since it began trading on Monday could be just the tip of the iceberg for a new type of blockchain that hopes to remake how people ... ( read original story ...)
20 million adults could dive into the cryptocurrency market over the next year, nearly doubling today’s retail investor base, says crypto exchange Gemini
Women account for 53% of Americans interested in getting into the crypto market in the near term, according to a study by crypto exchange Gemini. ( read original story ...)
Facebook’s Crypto Project Reboots With Smaller Ambitions
The Diem Association, a group of Facebook Inc. and 25 other companies and nonprofit groups once known as Libra, is moving its main operations to the U.S. and partnering with a bank to issue a ... ( read original story ...)
Crypto’s prime time prompts watchdog’s glare
American comedy shows are not the only ones having a hard time defining what crypto assets are. Dogecoin is perhaps their most bizarre manifestation: starting as a gimmick, its value has surged more ... ( read original story ...)
Coinbase could slump to $100 as competition eats into market share of the largest US crypto exchange, New Constructs CEO says
"Coinbase is not likely to fulfill the profit expectations baked into the stock's current valuation," says Wall Street veteran David Trainer. ( read original story ...)
Pre Olympics, SoftBank’s profit a new Japan record
Bouncing back from a 2019 loss and splash as the Nasdaq Whale, SoftBank Group rides IPOs to profits that are a Japanese record. But can it continue? ( read original story ...)
Paytm set to get 7% stake in IPO-bound PayPay
This was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity of Paytm Digital payments platform Paytm is likely to get ... ( read original story ...)
IOC confident of successful Tokyo Games despite rising Covid-19 cases in Japan
The International Olympic Committee is “fully concentrated on delivering the Games” in Tokyo this summer despite concerns over rising coronavirus cases in Japan. The Japanese Government has extended ... ( read original story ...)
Ackman says ‘he kicks himself for not understanding’ crypto like bitcoin, but says it has ‘no intrinsic value’
Prominent investor Bill Ackman offers a rather muddled take on digital assets during a virtual event on Wednesday, but the upshot may be that he views ... ( read original story ...)
ARK Invest’s Cathie Wood will join the board of a European crypto firm after personally backing the company
"21Shares is forging a new path for crypto ETPs," Wood told Bloomberg about her new position on the board of Amun Holdings. ( read original story ...)
SoftBank beats Japanese record for annual net profit
TOKYO - Investment giant Softbank Group on Wednesday reported the best ever annual net profit for a Japanese company, reaping the rewards of tech share rallies to recover from last year's record loss. ( read original story ...)
Ray Dalio says crypto could be a victim of its own success by inviting regulation – and his comments follow tough words from watchdogs
Billionaire hedge fund boss Ray Dalio said of cryptocurrencies: "No government wants to have an alternative currency." ... ( read original story ...)
Crypto’s Anonymity Has Regulators Circling After the Colonial Pipeline Hack
Almost $350 million went to cryptocurrency wallets associated with ransomware attacks last year, quadruple the level of 2019. ( read original story ...)
Ark Financial’s Crypto Expert Sees Dogecoin Washout, Bitcoin Rivaling Gold
The past few days in cryptocurrencies have been among the most striking yet: a token just days old hit a $45 billion market value, Dogecoin was used to pay for a space mission and Ether scaled new ... ( read original story ...)