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Category: FINANCE

Posted on 05/06/2026

Bitcoin treasuries shed $62 billion in deepening crypto rout

Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital ...

Posted on 05/06/2026

Dogecoin plunges 25% in a week as bearish pressure grips crypto

Dogecoin has fallen more than 25% over the past month and has dropped to around $0.083 after breaking below key support levels as traders continue reducing exposure across derivatives markets.

Posted on 05/06/2026

Japan finance minister repeats readiness to act on forex

Japanese Finance Minister Satsuki Katayama said on Friday that the government is prepared to respond appropriately at any time as needed on foreign exchange, as the yen hovered around the key ...

Posted on 05/06/2026

Crypto billionaires bankroll Nigel Farage’s pro-crypto party

Nigel Farage’s Reform UK received 7 million British pounds ($9.4 million) from two crypto billionaires this year, with total funds raised outstripping all other political parties. The party received a ...

Posted on 05/06/2026

Global markets: Japan’s Nikkei eases further from record high as AI euphoria fades

Japan's Nikkei index saw a dip on Friday, pulling back from its record high. Technology stocks experienced a slowdown. However, positive data on real wage growth in Japan offered some support to the ...

Posted on 05/06/2026

Japan warns of ‘decisive action’ to defend yen as FX reserves tumble

By Makiko Yamazaki and Leika Kihara TOKYO, June 5 (Reuters) - Japan is ready to respond at any time on foreign exchange and reserves the right to take "decisive action" against excessive volatility, ...

Posted on 05/06/2026

Crypto Crash Today: Why Bitcoin, Ethereum, XRP, and Solana Are All Down Double Digits

Bitcoin, Ethereum, XRP, and Solana are all down double digits as Strategy sells BTC, ETF outflows hit a record, and Iran tensions return.

Posted on 05/06/2026

SpaceX boosts Japan fundraising goal to $2.5 billion in mega IPO

SpaceX has increased the amount it’s planning to raise from the Japanese portion of its share sale by a quarter, indicating strong demand among the country’s retail investors.

Posted on 05/06/2026

JPMorgan, Citi and big banks plan new tokenized deposit system to answer crypto

The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.

Posted on 05/06/2026

The boom in crypto ETFs has a downside for investors

Investors face higher costs and the unwelcome prospect of fund closures as more digital-asset funds come to market.

Posted on 05/06/2026

Bitcoin’s sagging price has crypto bears taking a victory lap. Why it’s too soon to count it out

While U.S. stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.

Posted on 05/06/2026

Coinbase partners with Better to launch first crypto-backed mortgage, announce launch date

Popular crypto exchange Coinbase in partnership with Better Home & Finance have launched the very first Fannie-Mae backed mortgage with Bitcoin used as collateral, creating a path for crypto holders ...

Posted on 05/06/2026

Bitcoin tumbles after crypto billionaire breaks his own rules

Bitcoin below $US70,000 after Strategy’s first sale of bitcoin since 2022 as the industry competes for the limelight against other much-hyped trades.

Posted on 05/06/2026

Nikkei 225 Forecast: Iran Tensions Pressure Japan Stocks After Record High

The Nikkei 225 corrected from record highs as higher oil prices and Middle East tensions triggered profit-taking, but the broader AI-driven bullish trend remains intact.

Posted on 05/06/2026

I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

Posted on 05/06/2026

Crypto Is a ‘Failed Asset,’ Slams Alex Krüger — Here’s Why Other Industry Leaders Are Agreeing

Alex Krüger says crypto has largely failed as an asset class. Anthony Pompliano and Gavin Wood have voiced similar concerns. Many people have pushed back.

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