Jyoti CNC Automation’s IPO, the first for calendar 2024, garnered 38.5 times subscription on Thursday, the concluding day of the issue. The qualified institutional buyer (QIB) portion of the issue was ...
Hestiia wants you to mine for crypto to heat your house
A lot of this energy is output as heat, which needs to be cooled back down in data centers. The company's unique home heater uses recycled data center chips to generate heat, making it a smart, eco-friendly solution for modern homes.
Crypto fans are cheering the SEC for expanding access to bitcoin – but critics are sounding the alarm
The SEC approved spot bitcoin ETFs for the first time, fueling hopes of wider crypto adoption as well as fears of future losses for investors.
Dollar eases ahead of US inflation data, bitcoin stands firm
The dollar drifted lower on Thursday as traders waited for U.S. inflation data to confirm whether bets on as many as five Fed interest rate cuts this year were justified, while weak Japanese wages ...
Futures rise before inflation data, crypto stocks up after ETF approval
U.S. stock index futures edged higher on Thursday ahead of a consumer inflation print that could test hopes of an early start to interest-rate cuts, while crypto stocks rose after regulatory approval for exchange-traded funds tracking Bitcoin.
Is India done with crypto?
Over a dozen VC firms scrambled to publish their own web3 investment theses, some even lowering their high bar for credentials to hire young analysts well-versed in crypto. Several young partners, fearing they would miss out on potentially life-changing deals,
Wall Street firms getting excited over Japan as Nikkei keeps hitting records
Japanese stocks were back in the spotlight from top Wall Street firms, as the benchmark Nikkei 225 crossed the 35,000 mark for the first time in nearly 34 years. The Nikkei 225 ended up 1.8% to 35,049.
Japan’s Nikkei soars to close at near 34 year high
Japan's Nikkei index - which had its best year for a decade in 2023 - climbed 2% to break above 34,000 for the first time since 1990. Japanese exporters led the charge, helped by a softening yen. The broader Topix index also hit its highest since 1990.
Japan’s Nikkei rallies past 35,000 for the first time since bubble era
Japanese stocks soared on Thursday, with the benchmark Nikkei 225 index (NKY:IND) crossing 35,000 points for the first time since the economic bubble over 30 years ago, while a weaker yen boosted ...
Japan’s Nikkei breaks 35,000 for first time in nearly 34 years
Japan's Nikkei share average scaled its highest levels since February 1990 on Thursday, as a weaker yen buoyed exporters and caution over an impending hike by the Bank of Japan continued to fade on ...
Bank of Japan Raises Economic Assessment for Two of Nine Regions
"However, one region reported that its economy had seen a slowdown in the pace of its pick-up due to weakness in exports," the bank said, referring to the western region including Osaka. It downgraded ...
Cathie Wood Says Gensler ‘Denigrated’ Crypto With His Statement
Ark Investment Management LLC’s Cathie Wood said she was taken aback by Securities and Exchange Commission Chair Gary Gensler’s statement shortly after the agency approved around a dozen exchange-traded funds that will directly hold Bitcoin.
A taxing obligation: Is crypto reporting ‘impossible’ under US law?
Taxation-wise, the U.S. may be unprepared for the investor rush in the wake of a spot Bitcoin ETF. There is a new tax law but no guidelines. ...Continue reading A taxing obligation: Is
Cryptoverse: Bitcoin derivatives traders bet billions on ETF future
Will they, won't they? U.S. regulators are keeping crypto players on the edge of their seats as they weigh whether to give their blessing to bitcoin exchange-traded funds (ETFs). Derivatives traders are already piling in,
OECD Urges Japan’s Central Bank to Gradually Raise Interest Rates
TOKYO (Reuters) - The Bank of Japan should gradually raise short-term interest rates and make its bond yield control policy more flexible, if inflation stays around its 2% target and is accompanied by ...
Bank of Japan can gradually raise interest rates from early 2024: OECD
The Bank of Japan can start raising interest rates from early 2024, given that inflation will likely remain above the central bank's ...