Japan shouldn’t step into the foreign exchange market to prop up the yen at this stage, according to the country’s former chief currency official.Most Read from BloombergElon’s OutTrump Lashes Out at ... ( read original story ...)
Japan, US finance ministers to focus on Russian oil cap
Japanese Finance Minister Shunichi Suzuki and U.S. Treasury Secretary Janet Yellen will meet Tuesday in Tokyo, focusing on a cap on t ... ( read original story ...)
Japan’s June wholesale prices rise for 16th consecutive month
Japan's wholesale prices rose 9.2% in June from a year earlier, marking the 16th consecutive month of increase, Bank of Japan data showed on Tuesday. The increase compared with a median market ... ( read original story ...)
Bitcoin Leads Monday Crypto Decline, Extending Weekend Losses
Rising rates often depress the crypto market. Friday’s jobs report, which appears good for the economy, showed that companies added 373,000 jobs in June as unemployment remained at 3.6%. The stock ... ( read original story ...)
Voyager says some crypto account holders may not be made whole following bankruptcy
Voyager Digital filed for Chapter 11 bankruptcy following Three Arrows Capital’s failure to pay back a $670 million dollar loan. This came during a period of strong volatility in the cryptocurrency ... ( read original story ...)
Pros and Cons of Holding Crypto in a 401(k)
You can add Bitcoin to Fidelity's 401(k) accounts. In this article, we'll explore the pros and cons of doing so. ( read original story ...)
The founders of bankrupt crypto hedge fund Three Arrows Capital are reportedly not cooperating with liquidators and their whereabouts are unknown
Liquidators are requesting to freeze Three Arrows' assets after finding their Singapore office empty and the founders' whereabouts unknown. ( read original story ...)
Crypto and bitcoin are ‘BS’ and rife with fraud, and most coins will ‘go under,’ says macro researcher Paul Krake
Macro researcher Paul Krake explains why bitcoin and cryto in general is BS, and should be distinguished from blockchain ... ( read original story ...)
Japan’s Kubota to boost overseas production, Nikkei reports
Japanese agricultural machinery company Kubota will spend 300 billion yen ($2.2 billion) to increase overseas production by 2030, the Nikkei newspaper reported on Monday.The company plans to build new ... ( read original story ...)
Treasury’s Yellen, Japan’s Suzuki to discuss weak yen, more sanctions on Russia
U.S. Treasury Secretary Janet Yellen will discuss ways to further strengthen Western sanctions against Russia over its war in Ukraine when she meets with Japanese Finance Minister Shunichi Suzuki on ... ( read original story ...)
Opinion: Crypto Liquidity Crisis — It’s All About (the Lack of) Transparency
In a few months, when calm returns to the cryptocurrency market, the lessons of the current liquidity crunch will come yet clearer and the crypto industry will overcome this crucial test of its young ... ( read original story ...)
The strength of crypto comes from working together, says Chainalysis CEO
Chainalysis CEO has urged the crypto community to come together and educate regulators on how to regulate the cryptocurrency space. ( read original story ...)
Three Arrows liquidators asks US court to force crypto founders to cooperate
Representatives for Three Arrows Capital (3AC) have asked a U.S. bankruptcy court in Manhattan to force the cryptocurrency hedge fund's founders to participate in the liquidation proceedings, saying ... ( read original story ...)
5 top crypto to buy this week [LBLOCK, ADA, MATIC, BNB, MKR] July 2022 week 2
Our pick for the top crypto to buy this week is LBLOCK. This crypto-asset powers the Lucky Block gaming ecosystem and has become a favourite of crypto investors in the past few months. Lucky Block is ... ( read original story ...)
Citron’s Left says crypto is a ‘complete fraud’
Andrew Left, founder of Citron Research and one of the world’s best known short-sellers, on Monday described cryptocurrencies as a "fraud." Asked at a conference about fraud in financial markets ... ( read original story ...)
AABB Gold Token Joins the Crypto Payment Hype
It’s no secret that the cryptocurrency world is booming. With Bitcoin and Ethereum leading the pack, more and more people are looking to get involved in the crypto space. A popular way to do so is ... ( read original story ...)