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Category: FINANCE

Posted on 11/07/2023

Blockstream Breaks into Japanese Market with JPY Stablecoin, Partnership

Blockstream is partnering with Japanese fintech giant Digital Garage to bring a JPY stablecoin to the Bitcoin network. To spearhead the project, Blockstream and the ¥120 billion (just over $1 billion) ...

Posted on 11/07/2023

Crypto Crime Proves The Technology Isn’t Robust Enough

The very value that bitcoin gets from being flight capital is the very element that makes the criminals preying on crypto so successful. In reality, the hope of financial freedom is replaced by the ...

Posted on 11/07/2023

A resurgent online betting market is boosted by crypto and current events

Polymarket, which launched in 2020, is one of many online prediction markets that have emerged in recent years to take bets on a wide variety of current events.

Posted on 11/07/2023

Japan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates

The Nikkei is reflecting a general plunge in the global financial economy as it saw a plunge today despite hitting a high last week.

Posted on 10/07/2023

Analysis: U.S. crypto lobbyists court Democrats in fresh legislative push

Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency ...

Posted on 10/07/2023

American Crypto Exchanges Only Host 10% of the World’s Bitcoin Trading Volume

American crypto exchanges represent an increasingly smaller share of Bitcoin’s overall trading volume, according to a new report from CCData. The analytics firm says that Bitcoin trading in the U.S.

Posted on 10/07/2023

Japan’s Nikkei falls for 5th day in seesaw trade

The 225-issue Nikkei Stock Average ended down 198.69 points, or 0.61 pct, from Friday at a one-month low of 32,189.73. The broader Topix index, meanwhile, lost 11.57 points, or 0.51 percent, to finish ...

Posted on 10/07/2023

Bank of Japan likely to adjust yield curve control in July: Citi

Johanna Chua, Citi global markets head of Asia economics and strategy, says, however, that an adjustment may have a "signaling effect" but wouldn't be a "tightening." ...

Posted on 10/07/2023

Sega Admits Crypto Games ‘Aren’t Fun to Play’ – Could Other Gaming Firms Follow Suit?

A top executive at the gaming giant Sega says “play to earn crypto games” are “no fun” to play, and could reel in its blockchain gaming ambitions.

Posted on 10/07/2023

Japan’s Nikkei falls for fifth straight day as yen, Wall Street weigh

Japan's Nikkei share average slumped to a fifth straight losing session on Monday - its longest streak this year - weighed down by a stronger yen and weakness on Wall Street last week. The Nikkei slid ...

Posted on 10/07/2023

Bank of Japan upgrades economic view on 3 of 9 regions on strong consumption

The Bank of Japan on Monday raised its economic assessment for three of the country's nine regions following strong private consumpti ...

Posted on 10/07/2023

BOJ Highlights Broadening Wage, Price Hikes in Report on Regional Japan

"Many regions reported cases where wage increases by small and mid-sized firms were broadening at a degree unseen in recent years," the BOJ said in the report analysing the economic situation of ...

Posted on 10/07/2023

First Mover Asia: Bitcoin Opens Week Defending $30K Support Level

PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.

Posted on 10/07/2023

Crypto Code Commits Drop Despite Rising Prices

A decrease in the amount of development activity could be attributed to the explosive popularity of artificial intelligence technologies.

Posted on 10/07/2023

Japan’s Nikkei plumbs 1-month low as yen, Wall Street weigh

Japan's Nikkei share average slumped to a one-month low on Monday, weighed down by a stronger yen and weakness on Wall Street last week. The Nikkei slid 0.66% to 32,173.88 as of the midday recess, on ...

Posted on 10/07/2023

Bank of Japan likely to forgo yield curve control tweak in July despite broadening inflation, former central-bank official says

The Bank of Japan may revise up this year's inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy in July to await more evidence that wages will keep rising, its ...

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