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Category: FINANCE

Posted on 07/02/2024

Asia markets mostly poised to track Wall Street gains; Japan to fall

Hong Kong is poised to extend gains following a 4% surge on Tuesday, while Japan's Nikkei is set to slide below the 36,000 mark.

Posted on 07/02/2024

A computer scientist says he’s the mystery creator of bitcoin. A London judge aims to find the truth

An Australian computer scientist who says he's the mystery creator behind bitcoin has testified in a London court about the cryptocurrency's origins ...

Posted on 07/02/2024

London judge to weigh computer scientist’s claim that he’s the mystery creator of bitcoin

The murky origins of bitcoin date to the height of the financial crisis in ... which he said was based on his admiration for Japanese culture. He said the name was a combination of the surname of ...

Posted on 07/02/2024

Walmart hits 200 million transactions through $2 billion crypto integration

Since integrating with a lesser-known crypto network, Walmart has driven significant blockchain activity while improving sustainability.

Posted on 07/02/2024

Hyundai’s IPO Move: Banking on India’s Auto Boom to Replace China and Russia

World’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will ...

Posted on 07/02/2024

Toyota to invest in TSMC plant in Japan – Nikkei

Toyota Motor will invest in Taiwan chipmaker TSMC's Japan plant in Kumamoto with an aim to stabilise car semiconductor supplies, the Nikkei newspaper reported on Tuesday.

Posted on 07/02/2024

Japan’s Nikkei softens on profit-taking as investors weigh earnings

Japan's Nikkei share average fell on Tuesday as investors booked profits on high stock prices and continued to assess domestic earnings reports.The Nikkei index closed down 0.53% at 36,160.66, with 70 ...

Posted on 07/02/2024

IT expert who says he’s mythical Bitcoin founder ‘Satoshi Nakamoto’ arrives for case to unravel crypto’s biggest mystery

A COMPUTER scientist who claims to be the mythical founder of Bitcoin, Satoshi Nakamoto, has been spotted arriving at court. Dr Craig Wright, 53, arrived at London’s Royal Courts of Justice ...

Posted on 07/02/2024

Will crypto integrate with finance or disrupt central banks?

For some, the rise of crypto is a challenge to incumbent central banks, but Wall Street seems eager to adopt the asset class.

Posted on 07/02/2024

‘A Big Problem’—Shock Fed Warning Sparks Fears A $34 Trillion Meltdown Could Be About To Cause Bitcoin, Ethereum, XRP And Crypto Price Chaos

Now, after Fed chair Powell issued a shock warning the U.S. is "on an unsustainable fiscal path," legendary investor Jim Rogers has warned the massive $34 trillion U.S. debt pile means the looming ...

Posted on 07/02/2024

Synthetix Creator Says SEC Would’ve Been Better Off Doing Absolutely Nothing in Response to Crypto ICOs – Here’s Why

Synthetix (SNX) founder Kain Warwick thinks US regulators would have been better off steering clear of initial coin offerings (ICO).

Posted on 07/02/2024

‘First Memecoin I’ve Seen That Can Rival Doge/Shib’: Crypto Fund Buys TRUMP Token

Crypto VC Andrew Kang announces his fund has taken a position in Trump-related memecoins and NFTs. Kang cites the U.S. primaries and Trump's legal issues as catalysts to keep him in headlines, which ...

Posted on 07/02/2024

Bitcoin Is Following the S&P 500. Why That’s Bad—and Where Crypto Prices May Go.

Bitcoin and other cryptocurrencies were little changed over the past 24 hours but have seen volatile trading amid a bumpy stretch in the stock market—and that’s not necessarily a good thing. Digital ...

Posted on 07/02/2024

Japan’s Bull Run Is Due for a Reality Check

The bull case for the Nikkei 225 rests on three pillars. They’re all looking shaky, William Pesek writes in a guest commentary.

Posted on 06/02/2024

North Korea To Detonate A Nuke? Why Crypto Bettors Rate This As More Likely Than You May Think

Crypto bettors on Polymarket, a cryptocurrency-based prediction market, think the chances of North Korea detonating a nuke are small but not insignificant: a market for North Korea to detonate "a& ...

Posted on 06/02/2024

FuturePlay Unveils a New Horizon in Online Crypto Gaming

Established in 2023, FuturePlay, at the forefront of merging sports, gaming, and digital innovation. With a distinctive approach to iGaming, the company is dedicated to crafting a dynamic platform for ...

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