The Bank of Japan reported an unrealized loss on its Japanese government bond holdings for the first time in more than 16 years, reflecting the sharp rise in yields.
Japan PM wants defence budget to reach 2pc of GDP by 2027
Japanese Prime Minister Fumio Kishida has told his cabinet to increase defence spending to two percent of GDP by 2027, up from a longstanding level of ...
Will Crypto.com Thrive Or Take A Dive Post-FTX?
The crypto exchange FTX went from a valuation of $32 billion to filing for bankruptcy in an abrupt fall from grace, now many investors are concerned about what this means for other exchanges. Here's an update on Crypto.
Fundstrat saw Bitcoin hitting $200,000 before it fell to $16,000. Here’s why they’re still hopeful after a ‘horrific year’ for crypto
“It’s an important moment for the industry,” Fundstrat’s Tom Lee said. “I think there's a lot of people throwing gasoline in a crowded theater and yelling ‘fire.’”
U.S. Crypto Exchange Kraken Settles With Treasury Dept.
The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.
The Adoption Headache: Five Categories Of Cryptocurrency Scams That Hinder Crypto Adoption
The anatomy of a crypto scam is good to know. As they keep evolving, the best protection is to know what to expect in order to make them easier to point out. Here are five categories of crypto-related scams that trap investors.
Kishida orders funds to raise Japan’s defense budget to 2% of GDP
Prime Minister Fumio Kishida on Monday instructed his defense and finance ministers to secure funds to increase Japan's defense budge ...
The FTX fiasco doesn’t make bitcoin untouchable and crypto doomsayers are just ‘people throwing gasoline,’ Fundstrat’s Tom Lee says
"Do I think crypto is dead? No, I think there's a lot of people throwing gasoline in a crowded theatre and yelling fire," Fundstrat's Tom Lee said.
Fidelity Charitable launches NFT raffle amid crypto downturn
Fidelity Charitable is getting into NFTs, the digital images that are registered on the blockchain, despite a torrent of bad news from the adjacent world of cryptocurrencies. The nation's largest grantmaker is sponsoring a raffle that ends Tuesday,
US lawmaker pushes bipartisan bill to regulate crypto
A US senator pushing for greater federal regulation of cryptocurrencies says the collapse of Sam Bankman-Fried’s FTX exchange should be a catalyst for lawmakers to start paying attention to crypto. In an interview at the Financial Times’ Crypto and Digital Assets Summit,
Mark Cuban still believes in crypto’s fundamental value but thinks FTX’s Sam Bankman-Fried is headed for jail
"I don't know all the details, but if I were him, I'd be afraid of going to jail for a long time," Cuban said of FTX founder Sam Bankman-Fried.
Japan’s prime minister orders to double defense spending to about 2% of GDP in five years
Japanese Prime Minister Fumio Kishida has instructed ministers to double defense spending to about 2 percent of GDP over five years to counter China's growing assertiveness in the region. Defense ...
Line’s U.S. Crypto Exchange Bitfront Shuts Down and Plans to Halt All Withdrawals
Line will also suspend all trades, crypto and U.S. dollar deposits, and cancel all open orders. By March 31, 2023, the company will halt all withdrawals on i ...
Line to Shutter US Crypto Exchange Next Year, Suspends Onboarding Today
The Japanese social media firm Line will shutter its American crypto exchange, adding that the decision was unrelated to FTX’s collapse.
Crypto industry recovery fund tops $2 billion as investor allocations grow
Data from CryptoCompare shows that the price of Bitcoin started last week around the $16,000 mark and quickly plunged to $15,500. The post Crypto industry recovery fund tops $2 billion as investor ...
Japan set to increase defense budget to 2% of GDP in 2027
TOKYO -- Prime Minister Fumio Kishida has told his cabinet ministers to increase Japan's defense budget to around 2% of gross domestic product in the year starting April 2027. Kishida gave those ...