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Category: FINANCE

Posted on 24/04/2024

Japan’s Nikkei closes above 38,000 points as tech shares soar

Japan's Nikkei share average locked in a third consecutive day of gains on Wednesday, tracking Wall Street higher to break above 38,000 points as investors continued to snap up tech-related shares. The Nikkei finished up 2.

Posted on 24/04/2024

‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them

The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a “chaotic era” for these currencies.

Posted on 24/04/2024

Japan’s 10-year bond yield hits 5-month high ahead of BOJ meeting

Japan's 10-year government bond (JGB) yield hit a five-month high on Wednesday as the market braced for any signals of another rate hike at the Bank of Japan's (BOJ) policy meeting this week. The ...

Posted on 24/04/2024

Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33

The potential release of Mt. Gox Bitcoin could put negative pressure on BTC over the next month, K33 Research analysts warn.

Posted on 24/04/2024

Nikkei May Rise as Hopes Continue for Earnings Growth

Japanese stocks may rise as hopes continue for earnings growth and concerns recede about a further escalation in tensions in the Middle East.

Posted on 24/04/2024

After bitcoin, ethereum, what crypto will get an ETF boost from Wall Street?

Melker reinforced this perspective by explaining the necessity of a regulated market infrastructure, similar to what exists for bitcoin, to support ETF approvals for other altcoins. He underscored the ...

Posted on 24/04/2024

Kryotech launches Vox Pay to simplify crypto on- and off-ramps

This was the focal point of a recent discussion led by Roundtable anchor Rob Nelson, who expressed concerns about the existing barriers that prevent smooth transactions on crypto platforms like ...

Posted on 24/04/2024

Demystifying Crypto: A Personal Journey Into the World of Digital Currency

Unlike traditional banks, where the institution handles account security, cryptocurrency places the onus of safeguarding digital assets squarely on the user's shoulders. This might seem daunting at ...

Posted on 24/04/2024

Crypto industry groups sue in Texas to challenge SEC’s ‘dealer’ rule

Two crypto industry trade associations on Tuesday sued the U.S. Securities and Exchange Commission to block a new rule that expanded the regulator's interpretation of what it deems a "dealer" of ...

Posted on 24/04/2024

Japan’s Sumitomo plans $1.3 billion renewable power storage network, Nikkei reports

opens new tab is planning to invest 200 billion yen ($1.29 billion) to build battery facilities in Japan for storing excess power generated by wind or solar farms, the Nikkei reported on Wednesday. Under the plan, Sumitomo intends to set up more facilities ...

Posted on 24/04/2024

Japan Post Bank system glitch delays 1.2 million transfers

Japan Post Bank Co. said Tuesday that a nationwide system failure has caused delays in receiving nearly 1.2 million money transfers from other banks. The bank said the system failure began at 8:40 a.m ...

Posted on 24/04/2024

Merging Web2 & Web3 Payments Will Catalyze Mainstream Crypto Adoption

An opinion piece by Juan Otero, CEO of Travala, a global crypto-native travel booking service. Juan argues that despite the growing prominence of digital assets their real-world utility remains mostly ...

Posted on 24/04/2024

‘Huge Disaster’—Congress Just Introduced A Game-Changing Bill That Could Blow Up The Bitcoin Price And Crypto Market

The bill, the latest in a series of attempts to get stablecoin legislation through Congress, would see issuing companies required to hold one-to-one ...

Posted on 24/04/2024

Crypto.com’s South Korea launch hits a snag over AML probe

Crypto.com has postponed a planned launch in South Korea following a report that the exchange was undergoing an "urgent on-site inspection" ...

Posted on 24/04/2024

New York Stock Exchange takes closer look at 24/7 trading—spurred in part by crypto

It feels like every other form of commerce is available at all times. Are there good reasons for stock exchanges to be different?

Posted on 24/04/2024

Turnkey Raises $15M Series A to Revolutionize the Crypto User Experience

Turnkey, the leading provider of secure, flexible, and scalable wallet infrastructure for crypto developers, announced today that it has raised a $15 million Series A funding round. The round was led ...

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