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Category: FINANCE

Posted on 24/07/2023

Crypto’s Peer-to-Peer Exchanges Lose Ground in a Shrunken Market

Crypto exchanges that connect buyers and sellers directly without Wall Street-style middlemen are under pressure to improve their services amid a decline in market share.

Posted on 24/07/2023

Japan’s Nikkei advances as weaker yen spurs carmaker rally

Japan's Nikkei share average rose on Monday for the first time in three days, with automakers rallying amid a weaker yen, as investors pared bets for a hawkish policy tweak from the nation's central ...

Posted on 24/07/2023

Asia markets set for mixed open ahead of private surveys on economic activity

Private PMI surveys from Japan and Australia will be released, while inflation numbers from Singapore and Malaysia are expected.

Posted on 24/07/2023

SpaceX Crypto Scams Featuring Elon Musk’s Photo Still Common On Twitter

After Elon Musk bought Twitter in October 2022, I started to notice a big uptick in scammers trying to sell cryptocurrency by using photos of the billionaire.

Posted on 24/07/2023

The IRS Pursuit For Crypto Taxes Extends To Puerto Rico: What Investors Need To Know

The IRS is actively seeking more tax collection connected to crypto, and tax incentives in Puerto Rico are squarely on the agenda ...

Posted on 24/07/2023

Can This New $1 Crypto Be The Next Bitcoin On The Ethereum Blockchain?

Priced at $1, the BTC20 has already raised $1.3 million with its novel concept of being the ‘next Bitcoin’, aiming to repeat Bitcoin’s bull cycle as an ERC20 token. BTC20, originating from Ethereum, ...

Posted on 23/07/2023

Bitcoin Price Moves Sideways as BTC Trading Volume Plunges 20%. Is a Pump Possible?

Bitcoin (BTC) trading volume tumbled almost 20% to $8 billion today, and its price continued to move sideways. Can it break out?

Posted on 23/07/2023

The crypto industry is embracing self regulation. It’s time Washington gets on board

In the wake of FTX, PoR is now being voluntarily adopted across the industry. Many of the largest exchanges worldwide, including Kraken, Binance, Bitmex, Derebit, Kucoin, and OKX, now conduct these ...

Posted on 23/07/2023

Crazy crypto-ruling judge shaking up the $1.2 trillion market

Maybe there’s a method to Torres’ madness. In the meantime, the crypto industry will have to live with one of the more bizarre and dangerous court rulings I’ve ever seen in covering finance for ...

Posted on 22/07/2023

‘8 Billion People On-Chain’—Coinbase Exec Issues Global, Game-Changing Prediction Amid XRP-Led Bitcoin, Ethereum And Crypto Price Surge

Coinbase protocols lead Jesse Pollak has predicted almost everyone on Earth will be introduced to the crypto ecosystem by

Posted on 22/07/2023

Yen slides, dollar gains as Bank of Japan is expected to maintain loose policy

The yen dropped against the dollar on Friday after Reuters reported the Bank of Japan (BoJ) is leaning toward keeping its key yield control policy unchanged next week, ahead of a busy week of central ...

Posted on 22/07/2023

Disgruntled Investor Charged With Kidnapping “Crypto King”

On Monday, the Toronto Police Service announced that it had arrested and charged four men for the December kidnapping of Aiden Pleterski, The New York Times reports, a 24-year-old self-described "Crypto King" who headed up a now bankrupt cryptocurrency investment business.

Posted on 22/07/2023

Shrinking Stablecoin Market Is Sending Mixed Signals on Crypto

One of the more head-scratching phenomenas playing out in the digital-asset world is the shrinking of the stablecoin market while most cryptocurrencies are posting outsized gains this year.

Posted on 22/07/2023

Arm’s IPO Task: Convince Investors It’s an AI Company

Arm’s importance to the industry has also been underscored recently by revelations, reported by Bloomberg News and other outlets, that it’s been engaged in pre-IPO talks with a handful of big industry ...

Posted on 22/07/2023

US Couple Accused of Laundering Crypto From Bitfinex Hack Reach Plea Deal

Ilya Lichtenstein and his wife Heather Morgan, both of Manhattan, were initially arrested in February 2022. They are set to appear for a plea hearing on Aug. 3 before U.S. District Judge Colleen ...

Posted on 22/07/2023

Almost 50 Years Into the Crypto Wars, Encryption’s Opponents Are Still Wrong

Attempts by the US and UK to require backdoors in secure messaging apps are a huge step in the wrong direction. Right now, we need more encryption, not less.

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