Arrest of FTX founder Sam Bankman-Fried could be turning point for what was an immature crypto industry becoming a real grown-up powerhouse.
Japan’s Nikkei pressured by drop in chip stocks, China worries
Japanese stocks on Wednesday retreated from the one-week highs hit in the previous session, weighed down by an overnight drop in global semiconductor shares and lingering worries over China's COVID-19 ...
Roundup: Japan’s Nikkei ends lower as tech, real estate stocks weigh
Japan benchmark Nikkei stock index closed lower Wednesday with heavyweight tech issues dragged down by their US peers overnight sl ...
Bank Of Japan’s Yield Curve Tweak Tilts Currency Market Sentiment
Currency market movement during the week ended December 23 was primarily dictated by the sentiment surrounding Bank of Japan's move ...
Solana Tumbles Again, Bringing Crypto Token’s 2022 Plunge to 94%
Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Academic Close to Japan’s Kuroda Says BOJ Moving Towards Policy Normalisation
Kuroda said then that the move was not a prelude to an exit from ultra-loose policy, because recent price rises meant Japan's inflation-adjusted, real interest rate had been declining. "Kuroda is ...
Year in a word: Crypto winter
(noun) a period of low or falling cryptocurrency prices, alternating with bull markets The crypto world calls it “winter”. Others might call it a meltdown. Whichever you prefer, 2022 has been the year ...
Asia-Pacific shares poised to drop as investors continue to digest China’s reopening news
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific shares are set to open mixed following losses on Wall Street while investors continue to further digest China's rollback on Covid ...
2022 Killed Wide-Eyed Crypto Idealism. Here Are Lessons for 2023
The hyper-financialization of the crypto space, and extreme emphasis on “number go up” only hurt the space in 20221. Next year, it’s time to try a different approach.
Binance.US Is Buying Failing Crypto Exchange Voyager
Binance.US will purchase the assets of the bankrupt crypto exchange Voyager Digital for $1.022 billion in another surprising move in the crypto space. Here's what investors need to know about this ...
Crypto had a volatile year with plummeting prices and exchanges collapsing. What’s next?
Cryptocurrency prices plummeting, the fallout of large exchanges such as FTX and a steep decline in NFT transactions represent a turbulent year for crypto.
‘I Like Drinking and I Like Bitcoin’: New York Bar Courts Crypto Fans
New Yorkers suffering from crypto blues can drown their sorrows in solidarity at a new Bitcoin-themed bar. They’ll need cash to pay, though: Crypto isn’t accepted as payment.
Japan Plans to Allow Local Listing of ‘Foreign’ Stablecoins Such as USDT and USDC: Nikkei
Japan's Financial Services Agency is seeking feedback on new regulations that would allow stablecoins issued outside the country to be listed on local exchanges, Japanese newspaper Nikkei reported on ...
Japan’s Nikkei hits one-week high as retailers soar
Japan's Nikkei hits one-week high after the positive outlook by Takashimaya boosted market sentiment. Travel shares also rallied amid expectations of return of big spending by Chinese tourists ...
Coinbase CEO: Crypto Has ‘A Black Eye’ Because of Scammers
Coinbase CEO Brian Armstrong evaluated the state of the crypto industry, telling Axios that "crypto isn't going anywhere." The crypto leader colorfully said the industry was suffering from "a black ...
Japan Plans to Allow Local Listing of ‘Foreign’ Stablecoins: Nikkei
Japan's Financial Services Agency is seeking feedback on new regulations that would allow stablecoins issued outside the country to be listed on local exchanges, Japanese newspaper Nikkei reported on ...